Do expert traders hide their loses? - page 8.

TelolettOm

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Quote from: Cling18 on November 01, 2019, 04:02:13 AM

I believe yes, they are hiding it. It's their strategy to keep their losses and only expose their earnings to attract more investors. Every business type do the same thing. That's how they promote their products. They will build it with positive reviews. That's a marketing strategy and and we can't blame them for that.

If a trader is not tied to a business in trading such as trading signals or the like, in fact they don't need to be afraid of losing trades open in the public. because it's also not a problem people will understand that not everyone will continue to experience victory. the most important is that the average every month does not show a loss Grin

For traders who hide their losses they usually maintain prestige and also their names that are full of images as a reliable trader. if until people know that it turns out the loss is not their name will also decrease? there is no harm but it tends to be hypocritical if there is no loss in trading Cheesy

gantez

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Quote from: danherbias07 on October 29, 2019, 11:51:55 AM

Simple.
How will they get supporters with bringing up the negative sides.

Rather, I think experienced followers should follow such trader who shows you both. The losing side will be a learn tools from the "expert" to you, and that will boost your confidence and learning ability and skill. So, I would prefer they show losses too because it might also bring some reasons.

Bitcoin Seller

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Quote from: bittraffic on October 29, 2019, 11:40:49 AM

I really would think they should not show their loses lol for if they would, that would make them look terrible. They only show their wins because they need to be appreciated by the ones watching them. Of course who wouldn't want to see himself being praised by thousands of followers who will buy whichever coin is shilled. If anyone shows his loss and then asked by someone why did he took it, I suppose he'd mumble to his reply on youtube live and that's not good.

Suppose, they also hide their real wins. No one, who earns millions would shout about it everywhere. If he does it, he will be the best-hated man. Really popular successful people (and these experts trends) share with other people the information about mistakes that they do to prove they are "like all fellows".

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Quote from: lienfaye on November 02, 2019, 09:49:59 AM

Expert traders are not perfect they are just like us, sometimes committing mistakes.

If they chose to hide their past losses then its none of our business. Showing only their winnings/earnings might be their way to be motivated to continue what they are doing or if they are promoting a site, tools or maybe strategy that can help beginners who want to learn.

Losing trades arent really that appealing on any angle thats why even these pros wont really like to show up their losing trades and as you said they would either use those stats on other purposes like they are offering some trading service or signal ones or promoting something.If you would be the one to choose, are you tending to show off your losses? Of course not.!

anume123

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Quote from: Ararbermas on November 02, 2019, 09:53:39 AM

Traders are more happy to share their wins than losses because you know its an achievement for them. Actually as a trader its very important to share positivity to others , wherein just to show how doing trading can help ppl to make few dollars in easy way. Rather than sharing losses because it cant help to influence other ppl who interested in it.

All traders need to share always for their winnings every trade they made because of it, it can be helpful to others and continue to trade even they get lossing for their profits.

desticy

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You are right that even experienced traders are capable of making stupid mistakes.

However, professional professional traders will never hide their mistakes because mistakes are normal.
Any trader should strive for break-even trading if he succeeds well, if not, then he will hide his mistakes only if he wants to deceive those people to whom he sells his signals or if he takes money in trust.

Ararbermas

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Traders are more happy to share their wins than losses because you know its an achievement for them. Actually as a trader its very important to share positivity to others , wherein just to show how doing trading can help ppl to make few dollars in easy way. Rather than sharing losses because it cant help to influence other ppl who interested in it.

lienfaye

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Expert traders are not perfect they are just like us, sometimes committing mistakes.

If they chose to hide their past losses then its none of our business. Showing only their winnings/earnings might be their way to be motivated to continue what they are doing or if they are promoting a site, tools or maybe strategy that can help beginners who want to learn.

kanayaTabitha

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Quote from: jazmuzika217 on November 02, 2019, 08:14:06 AM

I think they not declare there losses because of pride and their ego. But if they want to help other to make a good trader and become a expert trader someday they need to show and reveal their loss so it will be a good lesson and avoid those actions which can cause lossees. All we know that even scientist are experienced loss or failed while doing their invention but they reveal it to public to make an inspiration to have more patience. I hope expert traders will have the same mindset also.

The traders who showed their losses at the end is not good to follow i think, they have to show their losses on the real time so the followers can learn from it.
If they reveal it at the end after much trades that they've made, i think it's useless because the data become useless and we can't make analysis from it because the market condition is dynamic and it is always changing all the time

Serco

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Personally i am not agree if traders declared their self as an expert.only traders that have hidden purpose when they deaclared and exposed profits history.in trading view we see many labels on trader account such as " top.trader " ,they didnt declared it by their self,but its appreciation from another traders when satisfied with their analisys. So its clear for me,no matter if expert hide lossess because they didnt neccessary report to us.

jazmuzika217

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I think they not declare there losses because of pride and their ego. But if they want to help other to make a good trader and become a expert trader someday they need to show and reveal their loss so it will be a good lesson and avoid those actions which can cause lossees. All we know that even scientist are experienced loss or failed while doing their invention but they reveal it to public to make an inspiration to have more patience. I hope expert traders will have the same mindset also.

Obito

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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 point is to inspire everyone with what they have got or gain. Avoiding such stupid decisions won't help. Though being transparent is good and it shows sincerity but the thing is you are making your own appearance, might as well beautify it. Besides it is already given I guess, they already did that and everyone had faced it they may be don't want to look back at it anymore. Like come on we have to go forward though.

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Quote from: tungaqhd on November 01, 2019, 09:54:01 AM

Quote from: Reid on November 01, 2019, 01:13:03 AM

Will you show your defeats when you want people to believe in you?
i dont think so. That is showing weakness which ain't good for business.
How are they going to follow you if you do that? The effect will be they will not go with the wave and there will be no point in trading anymore since you cannot manipulate it thru the belief of your followers.

Indeed, when we have called them experts, we also understand that they are talented, there are special things that convince us to believe in their analysis and sharing, and their reputation is based on the accuracy of the speculations they provide, the more accurate they predict, it means they're really good. On the contrary, if they show failure and false analysis, they will lose a lot of resources to make money, first the advertising money that the projects pay them, the next will be the opportunity for them to manipulate

Most of the time prediction goes wrong but no one is going to blame the predictor for such things happens because everyone knows that it is not possible to predict accurately but this also used by the price manipulators using people with much influence on cryptos but is there any trader serious about these kind of sayings from experienced trader?

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Quote from: Cling18 on November 01, 2019, 04:02:13 AM

I believe yes, they are hiding it. It's their strategy to keep their losses and only expose their earnings to attract more investors.

Wait, what? I hope you are not being serious when you said this.

I am confused, investors? to what? Traders don't hide their losses to attract investors, because they are the investors themselves, they invest their own money, they don't create schemes which they will give referrals to people, ride with their trade, and will run off once they don't earn profits, that's not like that.

Quote from: Cling18 on November 01, 2019, 04:02:13 AM

Every business type do the same thing. That's how they promote their products. They will build it with positive reviews. That's a marketing strategy and and we can't blame them for that.

Trading is a business, indeed, but I don't agree to the point where you say they hide their losses to attract or promote their products, maybe if we are talking about exchanges, I will agree, but we are talking to individuals who act solo on what they are doing. They hide their losses because there is no point of showing it, your failures makes your success more louder, bear that in mind.

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Quote from: tungaqhd on November 01, 2019, 09:54:01 AM

Quote from: Reid on November 01, 2019, 01:13:03 AM

Will you show your defeats when you want people to believe in you?
i dont think so. That is showing weakness which ain't good for business.
How are they going to follow you if you do that? The effect will be they will not go with the wave and there will be no point in trading anymore since you cannot manipulate it thru the belief of your followers.

Indeed, when we have called them experts, we also understand that they are talented, there are special things that convince us to believe in their analysis and sharing, and their reputation is based on the accuracy of the speculations they provide, the more accurate they predict, it means they're really good. On the contrary, if they show failure and false analysis, they will lose a lot of resources to make money, first the advertising money that the projects pay them, the next will be the opportunity for them to manipulate

Agree with you, it is not because they are hiding it, but it is not necessary and required to show it as we all know that trading is no guarantee that you will earn everyday. So there's nothing wrong with it, for me, what matters is that they are sharing their ideas and knowledge regarding trading.

tungaqhd

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Quote from: Reid on November 01, 2019, 01:13:03 AM

Will you show your defeats when you want people to believe in you?
i dont think so. That is showing weakness which ain't good for business.
How are they going to follow you if you do that? The effect will be they will not go with the wave and there will be no point in trading anymore since you cannot manipulate it thru the belief of your followers.

Indeed, when we have called them experts, we also understand that they are talented, there are special things that convince us to believe in their analysis and sharing, and their reputation is based on the accuracy of the speculations they provide, the more accurate they predict, it means they're really good. On the contrary, if they show failure and false analysis, they will lose a lot of resources to make money, first the advertising money that the projects pay them, the next will be the opportunity for them to manipulate

Taskford

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yeah right i often see traders they hide their losses. it's probably because many people want to be seen if he is a reliable trader.
there are also many traders who are already well-known to make VIP Group by paying up to 0.05 btc per month which is also why they always cover losses.

They only do that for their personal agenda since for sure they don't want to lose their followers if they found out that a losses strikes at them, But actually for me I don't take that personally since for sure even how good they are for sure a bad times will occur since not everyday is a happy day and I will be impress if the trader will show an honesty to provide the result even though it's negative.

nydiacaskey01

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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

Ok so lets put it this way, if I made a stupid mistake, suffered a loss and I did not announce it to the world, how can others know that I made a blunder and suffered a huge loss? If I tell to the world that I lost $10,000 USD in a single trade what would make that out of me? Will I gain it back? I don't see any good reason to tell the world, so why would I.

Fatunad

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I kinda believed how the trading experts hide their losses and other stupid things they have done while trading. The reason why a lot of newbies lost their trading capital because they believed it was easier to become successful financially in trading crypto or stock and forex. What they fail to realize there were only small percentage of traders who become successful in this field.

Questat

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Experts are clever, they would not tell anyone about their situation, if they get profit or lose, they will just keep it themselves.
What they are busy of is finding a ways to have more success in trading so they will be profitable at the end of the day, and this trading activities can be done personally so its not necessary to let people know about our situation as they can't help us anyway.

In trading, we might have the same strategy but we might have a different ways to execute it.

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