Do expert traders hide their loses? - page 9.

BitHodler

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Quote from: SirLancelot on November 01, 2019, 12:50:37 AM

Being an expert trader doesn't mean that you will be making profits only, there are times you will lose, but your ability to overcome your emotions then and continue to trade and correct the mistakes you have made and overtime turn them to profit is what makes you a professional.

Sorta. I think the most important aspect of being a trader is to be rational and flexible, which means that you should adapt to any sentiment change in the market, despite how much you think your trade will work out.

Most people can't adapt to changes like that, and that's a big contributor to the losses they book. I think there are even some professionals who struggle with that depending on how deep they are into a trade and their win/loss ratio.

At the end of the day, we're all humans, so you can't not be emotional all the time.... even a night with little sleep can contribute to that, or problems in your personal life. We are not machines. Cheesy

Cling18

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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.

Drai

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It's all part of the advertising game, it happens even in real companies out there, when they give out defective products, they try theyr best to cover up the fact that it happened because it would make their customers love faith in the product, that is how it happens in almost every aspect of life and I am surprised that you even have to ask this question, failure is a part of life and if you show me someone who is always recording wins without any losses in his life, I would show you someone who is lying through his teeth.

dentolas

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hahahaha, right on the bulls eye...
Everyone has losses, but these guys are earning some money marketing themselves, and as such they only show wins... they want to look perfect traders, what is indeed stupid because people only believe in them because they are ignorant ans think that some super traders only get wins

LouVandetta

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They definitely did not want to show their bad sides of trading.
At least to the people who have been following and believing them about how a good traders should be.
Even experts, it's kinda hard to believe that they never made any trading mistakes. Everyone makes mistakes, it means they're human.
You don't want to show your weaknesses to others. Especially their losses.

Reid

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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.

SirLancelot

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Well, I have seen someone who is an expert trader and he doesn't have that kind of time. Though the person I'm talking about is not the kind of person that likes to seek for attention online, he just sits on his own and trades and doesn't come online to be sharing things about his trade. But, I saw his trade once and he did make a few loss (about four times) but the rest, more than twenty were just profit.

Being an expert trader doesn't mean that you will be making profits only, there are times you will lose, but your ability to overcome your emotions then and continue to trade and correct the mistakes you have made and overtime turn them to profit is what makes you a professional.

So, there is no one that is 100% perfect, experts are humans, so they will make mistakes sometimes but not as noobs who will be making mistakes all the times and losing their money.

NathanJB

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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

Many trading experts, especially those self-proclaimed experts, are ashamed of their losses because it is a negative point for them. Their reputation or image as an expert trader is diminished in every loss that he experiences. But not all of course. There are traders who are considered experts who are ready to admit losses. Most of those who hide their losses are those who are doing lectures, seminars, offering books and tutorial videos and other materials to the public. A trading loss must be a loss of trust to them and their abilities and whatever they are selling.

michellee

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Yes, expert trader hides their losses, I am sure about that. They don't want the public to know that they are making a mistake in analysis, and I think that can make their reputations will be down if people know about their losses. It is better to hide their losses so they can continue to give the analysis, and many people will still believe in them.

But that will not be good for them because they are not, to be honest to themselves and public, and I am sure that in the long term, their losses will be revealed to the public so people can know the truth. Let them hide their losses because that is not related to us, and we don't have to think about them. As long as we can do what best for us, then we don't have to think about them.

Pamadar

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Quote from: crzy on October 31, 2019, 07:44:36 PM

Quote from: ?? on ??

I think most of them hide their loses, but i also think there are some very good traders and they are always on profit when they count it, i wish sometimes can be an expert trader but this will take time and need more experience.

Some traders are not open to discuss their losses and we have to respect them and one thing is for sure, everyone of us here lose money in trading either a big loss or a small loss we can still count that one. I also work to become a good trader, but its not easy and it requires patient, so take it easy.

It's not inspiring to those experienced traders to remember or to broadcast their loses. Why do bother to share things like that since it will not help anyway, unless they are demonstrating the actual risk inside this market for sure they'll going to give some glimpse of their previous positions, even loses can be tackle to give some hints with their followers to avoid making the same mistake. But if there's nothing related then it's not going to provide any information about those stats.

doomloop

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Quote from: Suslived on October 30, 2019, 06:00:24 AM

I think these expert traders are hiding their losses just like you said. First of all because as "experts" they need to live up to a professional reputation wherein their trades are good and profitable, would you take trading advice from someone who is broke? No.

If anything I wouldn't be surprised if in reality ALL experts have hidden losses that they never disclose to the public.

Just for the sake of their positive reputation, they are hiding their losses. There is no way they were born experts with amazing trading skills. Definitely they have learned all through experience and there is no concept of learning without losses. They are hiding their failures in order to gain trust of people. I would suggest them rather sharing their losses to motivate people regrading cryptos.

crzy

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Quote from: ?? on ??

I think most of them hide their loses, but i also think there are some very good traders and they are always on profit when they count it, i wish sometimes can be an expert trader but this will take time and need more experience.

Some traders are not open to discuss their losses and we have to respect them and one thing is for sure, everyone of us here lose money in trading either a big loss or a small loss we can still count that one. I also work to become a good trader, but its not easy and it requires patient, so take it easy.

Google+

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professional traders usually can get a lot of experience from trading they have ever done and the experience they have is from the trading losses he has ever experienced, so they will only give information to the public the benefits obtained, whereas for their losses they prefer not to be spread to the public. He did like that with the aim to be able to have a good influence and be able to attract investors to trade

jostorres

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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?

[im g]https://encrypted-tbn0.gstatic.com/images?q=tbn%3AANd9GcSPJqVdo7WQjx2x1AyJamTiJupNEY5kehCkU0UNhn2tQXj6bU7x[/img]
The Real McCoy

Lol, this is normal and if you were the one, you will do the same thing, but a trader that is man enough and have the integrity would declare his losses and his winnings, but at least the loss of a perfect trader should not be more than 30 percent of which is good if a trader can have 70% trading success.

Most of the trader that claim to be expert which I have seen a lot of them too always declare their profit alone and you will hardly find anyone that will have declare his or her losses. This is why we have to be very careful and make findings on an expert trader before we give them our money to trade for us because once you agree to their policy, there is nothing much you can do to them when they lose your money to their trading.

jakoylantern

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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?

For me, yes, expert traders hide theirs loses; there's no need for other ppl know about there loses. But for them, they don't hide it because they will use it to their calculations/ what the net profit that they made? What it becomes negative, and more reasons all about computations. Also, why do you need to publish your failure if ppl that idolized, support, and follow you will be your criticism?

Webetcoins

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Quote from: JC btc on October 30, 2019, 12:09:58 PM

Quote from: MURONDI on October 30, 2019, 09:42:43 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?

there are so many traders who hide their losses moreover it is a famous trader, of course they want to look great, if it shows a loss it will create a bad image for its name, actually this is a natural problem because nothing is perfect and there is no analysis that is 100% accurate.

I don't see anything wrong with it, its normal to every person that what we want other people to see from us is only the great one. So, for me it's okay, for as long as we will not just rely on them and for their signals. Always remember that not everyday is a winning in trading, sometimes we suffer losses too and it's okay, just keep going and move forward.

No doubt it is a matter of personal preference. Some share all sort of experiences while others are choosy ones. But no matter what someone tells, we all know that coming across failure in life is impossible. So it is better to share bad experiences because they will help the newcomers to stay away from such blunders. Life is ups and downs. In digital market, we are more vulnerable to mistakes.

zeze18

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Quote from: ?? on ??

It really depends on the traders if they will hide their losses or they will show it to their followers. A real expert trader will never hide their losses because it is a proof that there is no one that is perfect when it comes to trading. Even though you have a lot of knowledge about trading, you will still suffer from losses but it should motivate you to do more to achieve more in trading.

I've never seen a crypto expert traders on their social media showing their losses, they always show the profits or even they showed their loss, they are not really loss because their profits is much more than their loss.
I think if the traders show his lost (which means he is really lost and experienced big loss) , people will afraid to trade and won't invest or trade much on crypto currency

Inkdatar

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I think most of them hide their loses, but i also think there are some very good traders and they are always on profit when they count it, i wish sometimes can be an expert trader but this will take time and need more experience.

Traders experience losing money at some point and the best to lift up themselves is to hide from others. This shows some attraction to viewers to follow their expertise in trading. This is the natural instinct from their part to suppress the loss of money. That’s my aim also to be an expert trader though we often experience losing money but this is our guide to learn some knowledge and do not lose hope when we experience losses.

clickerz

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Quote from: Polar91 on October 30, 2019, 07:28:16 PM

Certainly yes, only if that expert trader is an influencer or handling multiple accounts that's why in decision making while trading, I trust no one but myself thus the blame is just on me. On the other hand, losses doesn't define wether a trader is a professional or not but rather it depends on how he/she handles his/her losses and gains.

Same thoughts, especially when he/she is an influencer because aside from being a trader,being an influencer is a financially rewarding activities. Every trader has losses and thats normal to all. But why focus on your losses when there is an opportunity in winning your trade. Of course a trader always looking for ways how to have gain and profit, or minimize its losses.

dark08

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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

Maybe yes because we cannot know when the market goes up and down even if you are pro traders its not a reason to failed on trading.
Expert trader is only influencer that show their ideas when the market go so if you ride on their idea and made a mistake then is not a reason to blame them on your loses.

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