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Author Topic: Do expert traders hide their loses?  (Read 2804 times)
marcous
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November 17, 2019, 04:39:18 PM
 #161

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.

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November 17, 2019, 07:05:31 PM
 #162

I think so called expert traders that claim to be such, actually hide what they really invest. They pretend to go in with more than they actually do sometimes. That's so easy to fake actually that its ridiculous.We shouldn't accept anything less than DEX blockchain transactions from a signed address as proof of trades and profits.
There are some things that are actually necessary otherwise they might not gain the attention of their target. There is no perfect person, and I think that it will be impossible for any trader to actually make trades without having any loss even if the person is the best traders in the world, but because of the lack of understanding of people for this is the reason why some people hide their losses.

People expect that some trader will be perfect and not have history of losses, and I think that it is unrealistic of them to think so, and they might judge the person based on that and never patronize them if they know they are making losses, so that is the simple reason why they hide it, but if it was me, I would not do that because I can as well start trading for myself alone and be making money if people are not willing to put their money down for me.

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Oilacris
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November 17, 2019, 07:28:29 PM
 #163

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.

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November 18, 2019, 08:39:23 AM
 #164

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.


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November 18, 2019, 10:02:18 AM
 #165

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.

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Andrews193
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November 18, 2019, 02:29:27 PM
 #166

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

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DimitrisLodirogas
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November 18, 2019, 04:18:17 PM
 #167

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!
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November 18, 2019, 04:50:45 PM
 #168

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.
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November 18, 2019, 09:36:35 PM
 #169

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...
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November 19, 2019, 07:41:11 AM
 #170

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.
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November 19, 2019, 08:03:38 AM
 #171

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.
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November 19, 2019, 08:03:46 AM
 #172

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!
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November 19, 2019, 08:21:17 AM
 #173

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

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November 19, 2019, 11:14:19 AM
 #174

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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South Park
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November 20, 2019, 07:06:26 PM
 #175

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.

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Lecam
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November 21, 2019, 06:34:50 AM
 #176

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.
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November 21, 2019, 05:20:39 PM
 #177

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

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November 21, 2019, 05:51:54 PM
 #178

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.

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November 21, 2019, 05:55:22 PM
 #179

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.
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November 21, 2019, 06:50:03 PM
 #180

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...
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