Do expert traders hide their loses? - page 6.

Edraket31

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Quote from: Gozie51 on November 13, 2019, 03:26:46 PM

Quote from: Pipdips on October 29, 2019, 10:29:47 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?

I think those "experts" surely do things that are abysmal to professional trading but the reason they might not show it is because for you not to learn the wrong way and think it is the proper way. Again, some of the experts conduct seminars and tutorials for the public so you can't be seeing all losses and still have the interest to go on with them. For marketing to be successful, you have to give your best.

This is their own strategy, and we know the truth, then we should not just trust everything that we are seeing via online, there are things that they shouldn't tell to everyone and for me they don't owe everything to us, so it is fine for me, I don't care at all, I have nothing against it, what matters to me is that they are doing something that will help new traders and they are sharing their real insights about crypto world.

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Quote from: Pipdips on October 29, 2019, 10:29:47 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?

I think those "experts" surely do things that are abysmal to professional trading but the reason they might not show it is because for you not to learn the wrong way and think it is the proper way. Again, some of the experts conduct seminars and tutorials for the public so you can't be seeing all losses and still have the interest to go on with them. For marketing to be successful, you have to give your best.

LUCKMCFLY

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Quote from: Pipdips on October 29, 2019, 10:29:47 AM

~snip~

This always happens in some operators, mostly hiding their failures to avoid being criticized. Marketing is often very difficult for the person who performs it when weakness is discovered.

There is a totally different approach when traders give their points of view and comment on their earnings and the reasons for the losses, because when they fail it is when they learn the most, or even when they lose it, they know why it happened, one of my favorite authors It is Jesse Livermore, a very famous speculator, he became rich and poor 5 times thanks to his operations in the stock market, he finally committed suicide, but in his books he recounts the way he operated, his failures, the reason for his failures, You really learn a lot from him, if you have a chance read the books about that great speculator, his techniques are adaptable to the crypto market.

wajik-tempe

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Quote from: Asmonist on November 13, 2019, 06:29:05 AM

Mostly noone would share about losses. Its like a big nightmare that you wouldn't wanna remember again. Expert traders are also humans they made mistakes. Showing their losses is somehow lower their reputation. There are people who will always look up to them and most likely they will only show the good side of everything. It will keep their trusting rights and give them credibility to do trading for others.

Yeah i think it's humane if the pro traders with already high reputation don't wanna show their losses, they made money from their follower and some traders are take advatages from their follower to pump the coins that they bought. So, i think it depends on the follower, even the pro traders not showing their loss, i think we should see which traders are really good which are not.

Golftech

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Yes, all traders have done it either beginners or experts, they do not want to open the negative side to get support for them, to become an expert trader many lessons must be passed, including stupid things that can harm them themselves. I think it does not need to be discussed because because the Republic will have a bad impact on the crypto trade they better show their profits to attract and many join when they see their big withdrawal

if they are after with followers for sure they will never reveal those loses, they will just provide big earnings that they've got from the market.
People will be interested following expert traders that have winning trades and not those negative outcomes. It will distract followers to entrust
the trust if so called expert will reveal losing positions. Make no good impact so why sharing it.

Cherylstar86

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Quote from: Asmonist on November 13, 2019, 06:29:05 AM

Mostly noone would share about losses. Its like a big nightmare that you wouldn't wanna remember again. Expert traders are also humans they made mistakes. Showing their losses is somehow lower their reputation. There are people who will always look up to them and most likely they will only show the good side of everything. It will keep their trusting rights and give them credibility to do trading for others.

If most people are so honest well for sure they tell to anyone else their very huge losses. As I noticed, most people doesn't tell their losses due to their pride as a trader. Also, having such losses it's not necessary to tell in which it's so disappointed and depressed moment as most people proud to their huge profits unlike for having losses.

Asmonist

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Mostly noone would share about losses. Its like a big nightmare that you wouldn't wanna remember again. Expert traders are also humans they made mistakes. Showing their losses is somehow lower their reputation. There are people who will always look up to them and most likely they will only show the good side of everything. It will keep their trusting rights and give them credibility to do trading for others.

alan2here

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Quote from: adzino on November 08, 2019, 07:09:27 AM

Do you really think an "expert" trader will want to show their losses? People won't consider them expert any more if they see that they make "significant" amount of losses. Then there is this "self importance" and "self respect" thing (aka ego) which they have it in them in abnormally high amount. After all what might their followers think if they see their losses? The so called "expert" traders will feel really ashamed if their followers know about their losses.

As I know, any expert will hide their losses in investment because if they openly they will face many problems and certainly no one will spend time watching. I have met a lot of good traders in this market but no one dared to share their losses and always claim to be able to make money anywhere. I know it's a lie but there are still many good analytics to help people and avoid big losses when investing.

I personally am not a good trader but I still listen to some of their advice. In invest , things often happen unexpectedly and if you don't know the analysis, you will face more risks.

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Quote from: South Park on November 12, 2019, 11:16:41 AM

Quote from: adzino on November 08, 2019, 07:09:27 AM

Do you really think an "expert" trader will want to show their losses? People won't consider them expert any more if they see that they make "significant" amount of losses. Then there is this "self importance" and "self respect" thing (aka ego) which they have it in them in abnormally high amount. After all what might their followers think if they see their losses? The so called "expert" traders will feel really ashamed if their followers know about their losses.

Personally I will be very interested in a trader if he showed his results without any filter, drawdowns are part of the life of any trader or investor, Warren Buffett which is the best investor around the world has experimented drawdowns of more than 50% during his career and he could recover from that, to me that is a very important quality as a trader, you do not want to receive advice from someone that at the first sign of trouble goes crazy and invests everything in an ico to recover his money quickly.

Indeed. I also see no problem if they show their losses as long as their profits is still dominant than the losses. Although somehow there are times wherein losses become dominant than profits but there nothing should be ashamed of that because that is basically part of life in trading. A professional trader are not those who gets lesser losses but rather are those who are able to manage and recover from the bearish market.

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Building a reputation doesn't always have to be open with a portfolio that fails, everyone understands it because no one likes losses. But comfort can also be seen if they don't look too perfect and explain the reasons for trading based on the fact of market movements. No matter for the type of independent experts or those connected with the business, Followers have the interest and comfort of each of their contributions.

Pipdips

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Quote from: South Park on November 12, 2019, 11:16:41 AM

Quote from: adzino on November 08, 2019, 07:09:27 AM

Do you really think an "expert" trader will want to show their losses? People won't consider them expert any more if they see that they make "significant" amount of losses. Then there is this "self importance" and "self respect" thing (aka ego) which they have it in them in abnormally high amount. After all what might their followers think if they see their losses? The so called "expert" traders will feel really ashamed if their followers know about their losses.

Personally I will be very interested in a trader if he showed his results without any filter, drawdowns are part of the life of any trader or investor, Warren Buffett which is the best investor around the world has experimented drawdowns of more than 50% during his career and he could recover from that, to me that is a very important quality as a trader, you do not want to receive advice from someone that at the first sign of trouble goes crazy and invests everything in an ico to recover his money quickly.

I think the same way here. I need to watch the real, unfiltered, results.

In contrast there must be some phony baloney expert traders out there that put on a showy act.

South Park

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Quote from: adzino on November 08, 2019, 07:09:27 AM

Do you really think an "expert" trader will want to show their losses? People won't consider them expert any more if they see that they make "significant" amount of losses. Then there is this "self importance" and "self respect" thing (aka ego) which they have it in them in abnormally high amount. After all what might their followers think if they see their losses? The so called "expert" traders will feel really ashamed if their followers know about their losses.

Personally I will be very interested in a trader if he showed his results without any filter, drawdowns are part of the life of any trader or investor, Warren Buffett which is the best investor around the world has experimented drawdowns of more than 50% during his career and he could recover from that, to me that is a very important quality as a trader, you do not want to receive advice from someone that at the first sign of trouble goes crazy and invests everything in an ico to recover his money quickly.

Hypnosis00

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Quote from: adzino on November 08, 2019, 07:09:27 AM

Do you really think an "expert" trader will want to show their losses? People won't consider them expert any more if they see that they make "significant" amount of losses. Then there is this "self importance" and "self respect" thing (aka ego) which they have it in them in abnormally high amount. After all what might their followers think if they see their losses? The so called "expert" traders will feel really ashamed if their followers know about their losses.

And I think also that there is no sense of doing that as for them, such losses are a part of crypto trading, everyone would experience it for sure.
Even though they hide or never tell it but it looks impossible if they never suffer such losses. They become expert because of the learning they'll get from there and it helps them to formulate other strategies which give them an opportunity to succeed.

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Quote from: adzino on November 08, 2019, 07:09:27 AM

Do you really think an "expert" trader will want to show their losses? People won't consider them expert any more if they see that they make "significant" amount of losses. Then there is this "self importance" and "self respect" thing (aka ego) which they have it in them in abnormally high amount. After all what might their followers think if they see their losses? The so called "expert" traders will feel really ashamed if their followers know about their losses.

If everything would be verified when it comes to stats then theres no way on hiding it but we know that people can secretly deny those
loses.Its not really a shame thing to share it up because it would be still good on sharing it up but the most important thing is that you are profiting.
Im not really believing too much into those experts talks because if they were experts on the first place they wont really need any followers and
they would just trade and make profits on their own.

adzino

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Do you really think an "expert" trader will want to show their losses? People won't consider them expert any more if they see that they make "significant" amount of losses. Then there is this "self importance" and "self respect" thing (aka ego) which they have it in them in abnormally high amount. After all what might their followers think if they see their losses? The so called "expert" traders will feel really ashamed if their followers know about their losses.

crossabdd

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1. it is a show off, to make proof that they have never made a mistake in trading. and want to make someone believe in him.
2. The second possibility is to create motivation for others who do not have a trading passion.
3. The possibility is shame, when someone already believes it and he does not want to lose confidence, then a trader will continue to show the good, especially for a community.

South Park

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Quote from: slaman29 on November 04, 2019, 04:01:12 AM

Of course they do that, what else would you expect especially when they are also selling signals and claiming to be selling you expensive information and professional advice? I've seen so many paid channels, and years ago stupid enough to even pay for premium and it's all the same bullshit.

Same thing with gamblers who only show good tips, it's all worthless.

The only honest ones are the ones who don't ask for payment I think. But even those give up and disappear when they do so badly.

No only that, if they were honest about what entails to be a trader then there will not be as many aspirant traders around the world, if they told their followers that 90% of them will lose all their money in less than a year and the rest will be lucky to make enough money to pay the fees and the taxes they need to pay to the government and that true traders do not really need a signals service since they have a strategy that tells them when to enter the market then they will never sell a single subscription.

bitcoin31

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Maybe they are going to show only the successful or the wins they have in trading because they want to motivate the other people.
But if a trader share the story they failed and how to become successful they are very good trader because they show both side such as bad and good side of the trading. But what ever they want to share it's their own.

Pipdips

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If The Real McCoy was going to share their real trading results it would look more like this

Small win
Small win
Small win, feel peaceful
Small win
Small loss, this is not so bad
Small win
Small loss
Win
Win
HUUUGE LOSS AHHH IM GOING TO KILL MYSELF
another HUGE LOSS AHHH ALL MY PROFITS ARE GONE FOREVER
Small win
Another HUGE LOSS AHHH HELP IM DIEING HERE HELLLP....

josephdd1

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So-called expert traders do not share their secrets. If they have been wildly successful with cryptocurrency trading, why on earth would they share their trades?

A hugely successful trader can turn $10,000 into $1 million within a year. But these guys want the tiny subscription amounts? Hogwash.

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