Do expert traders hide their loses? - page 4.

stomachgrowls

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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.

Depends on a certain personality of a trader because there are some that do hide their losses without any intentions or just simply doesnt want to
talk nor mention their loses as sort of giving out good impressions to those who followed him.It will vary or depend if he decide to show up his
mistakes to his followers to make some situation realization but i doubt only a few would certainly do such thing.Most of the time, these people will
always look and be proud into their profitable trades.

Blackdeath

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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.

Ryker1

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Well, I think they just want to lure more traders and once newbies saw the past transactions on their advisor that has a massive earning they will encourage to join in trading. In trading, the more traders the more chances that you can get a better profit. There are always competitions out there if you in trading. So now, to have more tempted to others I think hiding losses if very effective. Indeed, many people want expert traders and getting them as a tutorial instructor in trading. Just like E-toro trading, newbies can copy-paste the work of expert traders.

bitcoin-shark

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we can not only make winning trading transactions every so often we lose even there is never 100%, traders who have some reputation to defend who write in newspapers, social networks or offer their advice in trading tend to advertise only their successes and i do not say that they hide their losses but minimize or omit them...

MyIdeas

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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.

hahay

legendary

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Basically someone will start with a loss and even though they have become experts, still, at least the loss will always be with him. But indeed, they are good at cutting losses so that even though they get a loss but it is not a loss that makes it stressful or maybe bankrupt. So, I am very sure why basically losses are something that must be hidden and need not be remembered.

DeathProxy

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You need to understand that most of these expert traders have followers learning trading under them, of which they cant portray their loses so it won't affect the trust and confidence their students and follower have in them. They can only show their major profit so that more followers and student will have the mentality that they profit at all time and then go ahead to charge them for paid group signals and trade tutorials. Their reputation is very important to them so they do all they can to maintain

Lecam

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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

Some traders are don't like to see others what there losses that is why they are hiding it to assume that they always win no losses. Some are hiding because they don't want to tell others that they are not good in trading. But many of them are willing to say there losses because they don't want to hide all there losses and everyone know it.

South Park

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Quote from: marcous on November 17, 2019, 12:39:18 PM

In the world of trading, especially cryptocurrency, losses are common. because it is an unavoidable risk.. be it a big loss or a small loss. But the difference is how they reduce the risk of loss. there are some people who just want to share in their good experiences by not telling stupid things they have ever done. maybe the intention is to maintain integrity as an expert trader or a professional trader. but actually experience is the best teacher that is better to share as well so that everyone does not make the same mistakes I guess.

It is funny because they hide their results in order to maintain their reputation as expert traders but once people get to know that they had been hiding the results of their activities as traders they will lose their reputation forever, after all if they are willing to lie about the results they are getting then it is fair to wonder about what else they are lying about? After I understood this I stopped following any trader that published their results because I understood they simply had too many incentives to lie to the people that follows them.

rijaljun

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Quote from: Andrews193 on November 18, 2019, 10:29:27 AM

Losing followers is a small thing, losing reputation and a voice in the crypto community is a bigger one, and except for these issues, it could be the effects on their crypto work, more precisely, their collaboration on interviews and news with magazines. Their actions to protect themselves are not wrong but a bad view of them will appear if someone sees their losses, living and avoiding failure will be uncomfortable, it is better to be as you say, be honest with people and accept mistakes, everyone will be able to sympathize with crypto experts, they understand that experts are humans, not gods, mistakes are normal

That's the most important part for hiding any loss, and no... not everyone can sympathize with others especially in trading world and experts are always expected to be perfect, no excuse for any mistakes and that's little part of greed.

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Quote from: senne on November 18, 2019, 12:50:45 PM

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

There is a reason why they are called expert traders.
If they start showing you losses, a big question gonna come against their credibility. Usually such traders make huge amount by selling subscriptions to their trading signals and just telling the wins is the part of their marketing campaign.
Why would you follow a trader if he starts showing his losses when others are not disclosing that? It's a part of competing strategy as well.

I remember some great people also started their careers from failure. even professional traders will not get their professional titles without making fatal mistakes. although they hid their defeat, but they did not seem to intend to keep it a secret. some people just want to know their success. however, some traders sometimes tell of their bitter experiences to encourage new traders and try to convince them so they don't give up easily

DimitrisLodirogas

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Quote from: Pipdips on November 18, 2019, 05:36:35 PM

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!

+1 Merit

This is what separates the men from the mice. That is what separates the real deal trader life / from the scammers and their Infomercials...

Amen. Thank you for merit! Wish some good tradesss!

Apened

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Quote from: Vertex_ICO on November 19, 2019, 03:41:11 AM

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

I guess part of it is so that they maintain their image. Absolutely everyone makes mistakes and bad trades from time to time. I think part of it has to also be because so many of them become like "influencers" in the crypto-sphere, and they want to keep that up.

Absolutely, they will hide it or even if they are willing to show their losses its only a some part of it and not the big ones, if i loss i can show it to people that i made mistake if i won i will show it more because it was a good thing that i've earn something from my own trade as simple as that. People have their own differences and this influencers does make their own to maintain their own business.

Vertex_ICO

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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

I guess part of it is so that they maintain their image. Absolutely everyone makes mistakes and bad trades from time to time. I think part of it has to also be because so many of them become like "influencers" in the crypto-sphere, and they want to keep that up.

Pipdips

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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!

+1 Merit

This is what separates the men from the mice. That is what separates the real deal trader life / from the scammers and their Infomercials...

senne

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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

There is a reason why they are called expert traders.
If they start showing you losses, a big question gonna come against their credibility. Usually such traders make huge amount by selling subscriptions to their trading signals and just telling the wins is the part of their marketing campaign.
Why would you follow a trader if he starts showing his losses when others are not disclosing that? It's a part of competing strategy as well.

DimitrisLodirogas

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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!

Andrews193

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Quote from: rijaljun on November 18, 2019, 06:02:18 AM

Probably, the reason why they hide their loses is because they don't want to lose their followers. Because if people know they made mistake, then people might not call them expert trader anymore. This is funny, a real expert trader should not matter about this. Instead of hiding loses, expert trader should just be honest at what happened and giving solution or best moves in that bad situation.

Losing followers is a small thing, losing reputation and a voice in the crypto community is a bigger one, and except for these issues, it could be the effects on their crypto work, more precisely, their collaboration on interviews and news with magazines. Their actions to protect themselves are not wrong but a bad view of them will appear if someone sees their losses, living and avoiding failure will be uncomfortable, it is better to be as you say, be honest with people and accept mistakes, everyone will be able to sympathize with crypto experts, they understand that experts are humans, not gods, mistakes are normal

rijaljun

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Probably, the reason why they hide their loses is because they don't want to lose their followers. Because if people know they made mistake, then people might not call them expert trader anymore. This is funny, a real expert trader should not matter about this. Instead of hiding loses, expert trader should just be honest at what happened and giving solution or best moves in that bad situation.

Edraket31

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Quote from: Oilacris on November 17, 2019, 03:28:29 PM

Quote from: marcous on November 17, 2019, 12:39:18 PM

In the world of trading, especially cryptocurrency, losses are common. because it is an unavoidable risk.. be it a big loss or a small loss. But the difference is how they reduce the risk of loss. there are some people who just want to share in their good experiences by not telling stupid things they have ever done. maybe the intention is to maintain integrity as an expert trader or a professional trader. but actually experience is the best teacher that is better to share as well so that everyone does not make the same mistakes I guess.

Good thing when you do read up past experiences with other people is that you would really be aware on the possible things that you might encountered along the way,.
which is more better rather than having zero knowledge at all.

Getting experiences from others isn't that necessary though but its much better to look it up so that you are already somewhat aware and be prepared to possible losses.
Yes, its inevitable but we can really less it up basing on our experience.

Agree with you, let's just focus on our own losses, let's just be careful when trusting people, there are really traders who are suffering losses too, and for sure they will not show it in public and they are not required or we cannot force them to do it, unless he/she your friend that he can trust most too. So, the thing is, we should not just rely on their signals, we should do our part and analyze the price action of each coins/tokens that we wanted to trade at.

Topic: Do expert traders hide their loses? - page 4. (Read 2847 times)