Topic: Do expert traders hide their loses? - page 12. (Read 2847 times)
I think they are indeed many who hide their losses because for what losses are reported in public better kept for yourself and used as a lesson because the losses that have occurred can be a very valuable experience.
Yeah I agree on that mate and I believe a lot of traders they hide their loses because it's called ego, he don't to broadcast their mistakes specially the expert traders. He/she always share and broadcast a positive side not the negative side to encourage people to follow them as an expert consultant as trading expert. That is only my own opinion why a lot of trader hide loses.
I think no. It will mark bad for their reputation. An expert will not show it's loses. Some experts have clients too. What would you feel if the trading expert loss huge amount? Is he trustworthy enough to invest you money? I don't think so. Even though it's a normal thing to happen because it's inevitable. But they will make way to recover. But they will make way to recover. But hiding your losses can be bad also. Investors may think you could get passive income. So as much as possible be transparent.
For some reason that they hide their losses instead of putting it down in the list cause they don't want to remember it, it possible they don't want to think they have lost a lot than of winning. Cause in their mind and even me, we are not calculating our losses but we are calculating winning and which these losses (if we could see it) it might be a distraction to us. They learn already so there is no important to write it down but rather to forget it and face the upcoming.
I think they do but I also think that showing it would alsobe great since we could see the real percentage of their trade.
If they want to get a follower who would follow their trades then they should also show as the percentage of all of their trades,
Their success trade and also their lose trades so we could see who have the highest success trade to follow.
If they want to get a follower who would follow their trades then they should also show as the percentage of all of their trades,
Their success trade and also their lose trades so we could see who have the highest success trade to follow.
I think most of them yes. That is why when people think if trading is easy, they must know behind successful traders there are many things they have fought for. So although that successful traders have reason why they hide their losses, i think they have their own reason to do it.
I think that most wannabe experts just go with the flow of the market and say that their long position they took a small hit on, was directly turned into a 20x short so that they still profit.... I wouldn't pay attention to any of such people.
I have seen a massive boost in the number of wannabe TA experts in the more recent years where they sell you signals, courses, chart setups, and so on.... a lot of people unfortunately buy into these products because they want to be just as "good".
I have seen a massive boost in the number of wannabe TA experts in the more recent years where they sell you signals, courses, chart setups, and so on.... a lot of people unfortunately buy into these products because they want to be just as "good".
99% of those "expert traders" are divided into two parts:
- Looking for fame: These are trying to convince as many viewers as possible that they are right and can give you precise expectations so they will not show their failures.
- Scammers: They try to do anything to prove that they are important and therefore force you to pay them money.
Real "expert traders" who discuss the reasons that may lead to the rise or fall of the price according to specific circumstances and variables and then give you their personal prediction based on their analysis.
Anyone who says they can predict the price 100% accurately is a scammer.
- Looking for fame: These are trying to convince as many viewers as possible that they are right and can give you precise expectations so they will not show their failures.
- Scammers: They try to do anything to prove that they are important and therefore force you to pay them money.
Real "expert traders" who discuss the reasons that may lead to the rise or fall of the price according to specific circumstances and variables and then give you their personal prediction based on their analysis.
Anyone who says they can predict the price 100% accurately is a scammer.
I notice that some experts doing online trading journals just show you all their wins, and they hide their loses and anything stupid they did to lose money. What traders out there sharing their daily trades are The Real McCoy? I am sure that ever super traders make super stupid mistakes, then they just do not want people to think they did anything stupid. Where are their big loses at? Why do they only show their wins?
The Real McCoy
People are already a flaw and fault finder why would they show and flaunt their loses, downfalls and shortcomings ? Some might find it inspirational to know what they've been through and want to learn from it but experts rather not take the risk for it might destroy them and used against them. The Real McCoy
It's none of our business. Obviously, we all know that even professional traders messed up with their strategy and not immune to any happenings on the market.
In reality, even hiding their losses, still, they can show how good they are overall in doing trades. Still, they won, they lose, they can cope up with any trend, they can handle the stress, they can deal with the bear market, etc. Don't know how legit are those though but we have our way to determine if a certain analysis or results are sh*t or not.
Other traders also make that profession as another opportunity to earn e.g via gathering subs through a stream, paid lessons, paid tutorials, marketing etc... Showing only their winnings is part of the strategy and it's up to others how they will react on it.
I notice that some experts doing online trading journals just show you all their wins, and they hide their loses and anything stupid they did to lose money. What traders out there sharing their daily trades are The Real McCoy? I am sure that ever super traders make super stupid mistakes, then they just do not want people to think they did anything stupid. Where are their big loses at? Why do they only show their wins?
The Real McCoy
I don't think expert traders ever hide their losses. Expert traders are at that point of experience where they know that profits and losses are part of game and there is nothing to hide about your losses because trading is this only. You need to get 60% profits and 40% losses but profits need to be much larger than losses because only then you can be profitable. The Real McCoy
Its just normal to hide our losses from others because it may be like a shame on us so yes they are hiding it for obvious reasons.And we know that no one can be a perfect crypto trader so if someone claiming that they are successful with all their trades either they do trades very rare or they just want to hide it.
There is no significance of showing your losses, if you want someone to believe in you then you must have to show the positive side of what you are doing. Everyone did lose in trading but it doesn't make them less a trader, they just continue what they are doing and at the same time learning while getting some profit. In the long run you will not need the chart anymore when you are trading and you can share your trading strategy to someone but of course there is a professional fees included.
I notice that some experts doing online trading journals just show you all their wins, and they hide their loses and anything stupid they did to lose money. What traders out there sharing their daily trades are The Real McCoy? I am sure that ever super traders make super stupid mistakes, then they just do not want people to think they did anything stupid. Where are their big loses at? Why do they only show their wins?
you have to look at the bigger picture.
most of these "experts" are selling a service---a paid trading/signals group, an online course, etc. or they are trying to build a following so they can bag mass referral link payouts or advisor gigs. it's in their best interest to showcase their wins and hide their losses.
one classic method is to constantly use screenshots: chart out multiple price predictions, then only publicly share the correct ones after the fact. timestamped screenshots make it appear the expert is always correct. the same goes for big wins, like huge percentage gains on a bitmex position---screenshot the winners, don't share the losers.
traders who are really making bank don't even talk about money. they don't need to; they have nothing to prove.
I notice that some experts doing online trading journals just show you all their wins, and they hide their loses and anything stupid they did to lose money. What traders out there sharing their daily trades are The Real McCoy? I am sure that ever super traders make super stupid mistakes, then they just do not want people to think they did anything stupid. Where are their big loses at? Why do they only show their wins?
They always analyze and also make decisions in the market. and not a few of them also run reverse analysis as speculation, two-way speculation is carried out simultaneously, and only positive results for publication, the rest are buried.Does this make any sense? of course, because their capital is quite large and good at dividing the profit portion.
The trade journal must always be positive or it will be considered bad. But we might not need to debate it, just look at how big the accuracy is and don't have to follow it all. not all are oriented towards paid group businesses.
Yes, they do! If you become an expert trader, you will hide your loses too! Actually, expert traders don't fall down by seeing a big loss, they keep trading and soon or later their losses become profit! Expert traders don't show off their profit, losses or trading strategy!
they simply do that because to encourage people to trade , to make sure those people who listening or following them have no fear in trading , yeah this is sounds like tricky but that is the fact , besides because the factor of branding i mean to build some portfolio and trust , hiding losses is a must right? otherwise then nobody call you an expert.this is pretty controversial to say honestly, as there is two type of expert trader for me :
1. mainstream expert trader
this kind expert trader love to show off and exposing himself exaggeratedly.
2. expert trader by recognition
a trader that does not love any attention but love very much sharing some views regarding the trading world specifically , people recognized them because of their track records.
disclaimer : this 100% just an opinion
First of all you need to acknowledge that every trader has losses from time to time depending on what kind of traders they are. If they are scalpers then they should have a lot of losses on daily basis. All those so-called online expert traders are most often than not frauds just posing as traders to attract you to put money in a broker and follow their signals while they get paid from subscriptions or from brokers' affiliate programs.
If you are in any paid signals group I want you to think at the following thing: why would a profitable trader spend his time and charge people money to provide them signals? I haven't met any professional trader that does something like this. I know some which offer trading education, but not signals.
If you are in any paid signals group I want you to think at the following thing: why would a profitable trader spend his time and charge people money to provide them signals? I haven't met any professional trader that does something like this. I know some which offer trading education, but not signals.
Trade journals would likely mask their losses and just show the greens in order to get a solid following from the community and create another profit stream from there. Of course, no one would ever post their portfolio including the shitty bits but only the good parts. Similar thought done on CV, you’d obviously not post your losses in there but rather the accomplishments and recognitions only as it will likely give you more chance to actually get hired.
I notice that some experts doing online trading journals just show you all their wins, and they hide their loses and anything stupid they did to lose money. What traders out there sharing their daily trades are The Real McCoy? I am sure that ever super traders make super stupid mistakes, then they just do not want people to think they did anything stupid. Where are their big loses at? Why do they only show their wins?
The Real McCoy
In my own personal opinion, i think it is normal for a trader to commit stupid mistakes even you are a professional trader because there is nothing wrong in making mistakes as long you learned from those mistakes, but if you don't learned from those mistakes that you made in trading then it is not good at all. I also think professional traders do really hide their losses with their friends or their followers for them not to have a disappointment to the trader that they admired. The Real McCoy
If defeat is shown to others then it will be a negative impact because it will be pessimistic to the person and it will not affect others so why show bad mistakes in trading.
But for the victory it has become commonplace because addressing others will be a motivation that they will be interested in buying and trading, it is not fun but it proves hard work there are always results.
But for the victory it has become commonplace because addressing others will be a motivation that they will be interested in buying and trading, it is not fun but it proves hard work there are always results.
Jump to: