Do expert traders hide their loses? - page 3.

Harriti

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Quote from: Pipdips on October 29, 2019, 11:29:47 AM

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

Those who are very successful in the trading field have a very bad trade history, believe me. because anyone who enters the crypto market always makes mistakes and they learn, try and try for a long time to become a professional trader.
An example in the reality I've ever seen is that of a cousin of mine. He enjoyed trading and put in hundreds of thousands of dollars to trade and his first 3 years were all failed. he keeps burning his account and trading like a gambler. so don't be too curious about this, it's always the truth that expert traders want to hide.

onrise

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Quote from: juperos on November 23, 2019, 07:22:29 AM

Before achieving success, you have to go through many failures including stupid mistakes, try to put your case into the problem, are you willing to say unprofitable transactions with people or you? trying to hide it. When you're an expert, you'll get so many supporters and followers, how can you bring out such negative sides? No one is a perfect trader, everyone has a mistake and everyone wants to hide it.

Every trader goes through ups and down and no one just money or say all trades are not profitable as somewhere they do incurred losses as well . Only thing it depends some are ready to admit it and other might not be able to say it .

BitcoinTurk

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My opinion on this is certainly yes. They conceal the loss positions that are constantly being rewarded, gaining popularity with successful transactions and satisfying themselves. Although some of them share loss positions from time to time, we need to know that their loss positions are usually the lowest loss position in their portfolios. They have to do this in order not to disparage their names, to diminish the trust of users and to satisfy themselves.

Best Dreams

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Quote from: juperos on November 23, 2019, 07:22:29 AM

Before achieving success, you have to go through many failures including stupid mistakes, try to put your case into the problem, are you willing to say unprofitable transactions with people or you? trying to hide it. When you're an expert, you'll get so many supporters and followers, how can you bring out such negative sides? No one is a perfect trader, everyone has a mistake and everyone wants to hide it.

For sure if we are earning from something so we will make mistakes and we will face losing as no one comes as a trader by birth but people do learn from mistakes and by making experiences so never be afraid of your mistakes just be brave and avoid mistakes if you got lose just take it an experience and get lesson from it. Better Share your loss with others and also tell them the reason so they will learn from it.

juperos

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Before achieving success, you have to go through many failures including stupid mistakes, try to put your case into the problem, are you willing to say unprofitable transactions with people or you? trying to hide it. When you're an expert, you'll get so many supporters and followers, how can you bring out such negative sides? No one is a perfect trader, everyone has a mistake and everyone wants to hide it.

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Quote from: Pipdips on October 29, 2019, 11:29:47 AM

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

You don't need to ask, every speculator or professional investor has made a lot of mistakes and from then on, they get better and better with less experience and less to lose. True traders have told me that they lost a lot in the early stages but they did not give up, they always found a way to overcome and make a big profit. and when they feel they have enough experience to lead and run a large investment fund, they will begin to present evidence of their success to attract more investors.

Capt00

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Quote from: Innocant on November 22, 2019, 06:00:17 PM

Why Im going to show my loses in trading it is private for me so that Ill need to hide on it must better to show is the profit to get in trading.
In trading on what we get mistake are need to be hide just our loses in trading or make it to sample that in a future we avoid on what loses we take in a past.

Ill think not only me experience on this kind of mistake in come of trading that we make loses in trading.

It is a lesson to learn, even expert did hide also for they take care of their reputation and as well as they don't get bothered for it. It was just past bad experience, everything turns good now. Yes, mistakes are often to happens at the start and we learn those mistakes which means that there is no need to remember it but rather to face the upcoming.

Innocant

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Why Im going to show my loses in trading it is private for me so that Ill need to hide on it must better to show is the profit to get in trading.
In trading on what we get mistake are need to be hide just our loses in trading or make it to sample that in a future we avoid on what loses we take in a past.

Ill think not only me experience on this kind of mistake in come of trading that we make loses in trading.

vintages

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Check properly, most of all those self proclaimed expert are always trying to sell something. They are either selling a method, a guide or even an over hyped blue print. This is more of the reason why they are hiding their loses to their followers. It's a simple trick, they show their followers more of their winnings and give praises to the guide he is selling.
The followers salivate of wining like them, and buy the guide...

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Quote from: kodtycoon on November 22, 2019, 12:40:48 PM

Quote from: akram143 on November 22, 2019, 09:27:07 AM

I feel they will hide their losses to keep their reputation to their followers or they will lose their influence of being successful trader which might affect their other source of income but the real truth is no one can be perfect trader.

not sure about the theory, because when they already have a lot of followers at least they will share their strategy or another leak before trading, so that when he has shared something at the beginning and then loses, his followers will still know his mistake. but about maintaining reputation is indeed something that makes sense when they hide their losses and i'm sure there are other factors behind it all

People see someone as their leader or inspiration when they can constantly get succeed on their doings so its the reason why those expert traders hiding them just want to avoid bad influence among their followers.Not everyone will be like this there are some who express their pros and cons but most will only show their positive side and they will hide their negative side.

jostorres

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Quote from: Blackdeath on November 21, 2019, 07:27:04 PM

I think it is pretty normal for every traders to have losses even in a small amount of money because they don't need to pretend to every people around them that he doesn't experience any losses because he is an expert trader. They don't to hide their losses for expert traders to have a good reputation because a lot of people already know that they are still an expert in trading no matter what. The only reason why they become an expert in the first place because they can minimize their losses and they can easily get back all of their losses, that is why they don't need to hide their loses.

Yes that is true, it's a normal thing for anyone to experience loss when it comes to trading, especially cryptocurrencies, because it's not as easy as other types of trading (I do see people that claim it's easy though). But anyone hiding their losses is not an expert, How do you prove you're an expert then?

I am not sure, but anyone that is hiding their losses and showing wins just so that people will view him as an expert or whatsoever, to me that person is just being foolish. I do know some people that are really good in cryptocurrency that you will hardly see losses when you check their trading history, you're only going to see just a few losses and lots of winning. I have even seen some good traders in this forum that post their history and they are genuine and posts it just as it is.

Upgate

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Any expert trader hiding there loses are traders that are seeking attention or trying to build a reputation in trading analysis but a genuine expert trader don't mind showing both profit and loss

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Quote from: kodtycoon on November 22, 2019, 12:40:48 PM

Quote from: akram143 on November 22, 2019, 09:27:07 AM

I feel they will hide their losses to keep their reputation to their followers or they will lose their influence of being successful trader which might affect their other source of income but the real truth is no one can be perfect trader.

not sure about the theory, because when they already have a lot of followers at least they will share their strategy or another leak before trading, so that when he has shared something at the beginning and then loses, his followers will still know his mistake. but about maintaining reputation is indeed something that makes sense when they hide their losses and i'm sure there are other factors behind it all

In trading, we all know that we must need to earn more profit and avoid loss of income, but not all the time, we can win those trade because even in the profitable companies experience unexpectedly lose of their income. All of us can experience to lose money or coins. We cannot deny it, but by those lose, we can learn something that we can use in the future as an advantage to avoid losing but in focusing on earning. No one will be a millionaire or billionaire that he never experienced to regret their decisions and lose some money, and it takes time to learn and earn.

kodtycoon

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Quote from: akram143 on November 22, 2019, 09:27:07 AM

I feel they will hide their losses to keep their reputation to their followers or they will lose their influence of being successful trader which might affect their other source of income but the real truth is no one can be perfect trader.

not sure about the theory, because when they already have a lot of followers at least they will share their strategy or another leak before trading, so that when he has shared something at the beginning and then loses, his followers will still know his mistake. but about maintaining reputation is indeed something that makes sense when they hide their losses and i'm sure there are other factors behind it all

topbitcoin

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Quote from: ChronoLite on November 22, 2019, 08:07:06 AM

depends on the person itself, few people are just show their losses to everyone so people know that being expert traders require strong will and mental to face different situation and experience, being expert is not an easy journey so they know that and it's not an instant event

Right, because if only show what is "good" in trading, people wouldn't know the risk behind it. Maybe they can be attracted, but if not know the risk in trading, they will get something bad from it. Like have very high expectation and then regret because not get it. So, although professional trader, they should tell people the truth, like both when they profit or lose. Because professional trader sometime made mistake too.

akram143

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I feel they will hide their losses to keep their reputation to their followers or they will lose their influence of being successful trader which might affect their other source of income but the real truth is no one can be perfect trader.

ChronoLite

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depends on the person itself, few people are just show their losses to everyone so people know that being expert traders require strong will and mental to face different situation and experience, being expert is not an easy journey so they know that and it's not an instant event

lienfaye

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Quote from: Blackdeath on November 21, 2019, 07:27:04 PM

I think it is pretty normal for every traders to have losses even in a small amount of money because they don't need to pretend to every people around them that he doesn't experience any losses because he is an expert trader. They don't to hide their losses for expert traders to have a good reputation because a lot of people already know that they are still an expert in trading no matter what. The only reason why they become an expert in the first place because they can minimize their losses and they can easily get back all of their losses, that is why they don't need to hide their loses.

Well we have our own ways to deal with our losses and if you dont like to expose it for other people to know then its your choice. I dont see anything wrong about that, its not necessary to include your losses if you our promoting your strategy or want others to be a trader. Expert traders are not different to us, though they hide their losses im sure you're not going to think they dont commit mistakes or had losses in their trading career unless you're naive and blinded by their words.

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Quote from: Pipdips on October 29, 2019, 11:29:47 AM

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

Yes, I have encountered many such cases when I became close to professional traders in the crypto market. When entering the group, he only brags about the big times. when at a loss, he is silent.
When I asked the truth, he said that he has lost more than $ 700k since trading crypto. he sells real estate to enter this market and things are getting worse and worse. Currently I have not seen any rich traders relying on trade crypto. That shows that trade is very risky.

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Quote from: MyIdeas on November 21, 2019, 01:55:22 PM

Quote from: ?? on ??

Quote from: DimitrisLodirogas on November 18, 2019, 12:18:17 PM

Sure they do. The difference between them and non-expert traders is that they learn sth from each trade. It's not a shame to lose money if you get a lesson out of it!

Maybe they hide their lose as they don’t want to discourage the new traders. Mostly it comes as Ego problem that what people will say about them and their good name of being an expert traders will get affected by this lose. I think lose and profit is part of our life where there is profit there will be lose as well so its bad to make issue out of it, just admit it and next time avoid mistake to earn more than you lost.

I do not think that they will hide their loses because of their ego and hiding their loses will not help the new traders as if they will hide that how they lost then the new traders will not be able to avoid that loses. Expert traders share their real trade strategy and they want more and more traders to come and to trade with courage as it help the market to increase the volume. If any trader want to hide his loses then it may be because of any competition if he have any among his friends or any circle of him.

I think it will depend on the attitide of the person, if he don't want others to see him losing money in trading because of his pride then he will certainly keep it hidden and if that certain expert trader is popular and have many supporters i think he will hide it because of the possibility that his/her supporters doesn't support them anymore and they will lose their popularity and trust of others but just like what i've said it will only depend on the attitude, on how we see things that happens to us and on how we will react to a certain situation specially our losses in trades.

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