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Author Topic: Do expert traders hide their loses?  (Read 2804 times)
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October 29, 2019, 09:48:24 PM
 #21

For some reason that they hide their losses instead of putting it down in the list cause they don't want to remember it, it possible they don't want to think they have lost a lot than of winning. Cause in their mind and even me, we are not calculating our losses but we are calculating winning and which these losses (if we could see it) it might be a distraction to us. They learn already so there is no important to write it down but rather to forget it and face the upcoming.



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October 29, 2019, 10:21:07 PM
 #22

I think no. It will mark bad for their reputation. An expert will not show it's loses. Some experts have clients too. What would you feel if the trading expert loss huge amount? Is he trustworthy enough to invest you money? I don't think so. Even though it's a normal thing to happen because it's inevitable. But they will make way to recover. But they will make way to recover. But hiding your losses can be bad also. Investors may think you could get passive income. So as much as possible be transparent.
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October 29, 2019, 10:43:23 PM
 #23

Yeah I agree on that mate and I believe a lot of traders they hide their loses because it's called ego, he don't to broadcast  their mistakes specially the expert traders. He/she always share and broadcast a positive side not the negative side to encourage people to follow them as an expert consultant as trading expert. That is only my own opinion why a lot of trader hide loses.
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October 29, 2019, 10:49:10 PM
 #24

I think they are indeed many who hide their losses because for what losses are reported in public better kept for yourself and used as a lesson because the losses that have occurred can be a very valuable experience.
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October 29, 2019, 11:07:20 PM
 #25

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?

Ussually some of them only posted their winning trade to attract more people to buy their trading signal. They won't tell you or publish their losses since it will make them feel like unprofessional trader and it won't attract people to them. Even a professional trader must be ever had loss too in their trading
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October 29, 2019, 11:33:00 PM
 #26

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 know someone who are so active on social media showing all his earnings but never disclose his losing money, so technically there are some reason behind this one maybe its their job to encourage people to trade without thinking about any losses which is wrong. If traders really want to educate you then his losses will be the best example of the risk level in this market.

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October 30, 2019, 12:30:36 AM
 #27

I have seen a massive boost in the number of wannabe TA experts in the more recent years where they sell you signals, courses, chart setups, and so on.... a lot of people unfortunately buy into these products because they want to be just as "good".

People on social media trying to sell you something, with a high degree of certainty aren't making enough through trading to not shill their rubbish courses and whatnot.

I love this quote from Norman Ralph Augustine;
Quote
If stock market experts were so expert, they would be buying stocks, not selling advice.

There is no shortage of greedy leeches here in crypto. I expect things to become worse the deeper we dig into the different layers of mainstream adoption. The deeper we go, the more tech/investment ignorant the people entering this space are, which directly translates into more potential victims for these so called experts.
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October 30, 2019, 04:02:42 AM
 #28

Of course, they will hide it especially when they're trying to promote something. How are they going to convince people if they will show their losses? They will only show their earnings to prove that they're successful traders. They will only show proof more than their mistakes to handle their reputation well. That's how it goes but there are also humble traders who aren't afraid to show their losses to inspire others.
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October 30, 2019, 04:16:39 AM
 #29

Of course, they will hide it especially when they're trying to promote something. How are they going to convince people if they will show their losses? They will only show their earnings to prove that they're successful traders. They will only show proof more than their mistakes to handle their reputation well. That's how it goes but there are also humble traders who aren't afraid to show their losses to inspire others.
But much more encouraging to look out of how they become expert and achieve success from those days that they've fallen. I surely they never suffer this thing but eventually, they manage to keep on track and rise again,  that is supposedly we want to hear from them.

I don't think they are ruining their reputation, believing that they do their best it was already gaining their good reputation as well.

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October 30, 2019, 05:32:45 AM
 #30

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

Each of us have our own thoughts and perspective in which we need to be proud on our achievements. On my own thoughts, I experienced some mistakes to trade some of my crypto coins in a very low price since I have no choice even I have a lots of losses of my investment. Also, by those big whales in the crypto world I'm sure same thing they just want to let us know their big profit for their pride even they have a lot of losses which for me its normal and on that counting your mistakes is useless than your achievements.
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October 30, 2019, 05:48:44 AM
 #31

Of course, they will hide it especially when they're trying to promote something. How are they going to convince people if they will show their losses? They will only show their earnings to prove that they're successful traders. They will only show proof more than their mistakes to handle their reputation well. That's how it goes but there are also humble traders who aren't afraid to show their losses to inspire others.
As I don't believe too much in popular people showing some winnings or predicting prizes since they might be affiliated from some coins or projects or simply they have some hidden intention in doing so. I know some crypto users silently earning and who'd you'll only know what they're doing to buy those properties if you ask them, not to brag or promote just simply because we ask.

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October 30, 2019, 05:52:56 AM
 #32

Of course, they will hide it especially when they're trying to promote something. How are they going to convince people if they will show their losses? They will only show their earnings to prove that they're successful traders. They will only show proof more than their mistakes to handle their reputation well. That's how it goes but there are also humble traders who aren't afraid to show their losses to inspire others.
if they do this, they could not called as an expert.maybe i will call them scammer.show off the profits and hide their loss to promote was scammer habbit, expert usually has trading plan .they will show us how to become successfull and expeert trader.they want to warn us that cryptocurrency marker was very dangerous for new traders.but scammer will always make us interested with their fake trading result and take benefit when we joined with them.

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October 30, 2019, 06:44:16 AM
 #33

Of course, they will hide it especially when they're trying to promote something. How are they going to convince people if they will show their losses? They will only show their earnings to prove that they're successful traders. They will only show proof more than their mistakes to handle their reputation well. That's how it goes but there are also humble traders who aren't afraid to show their losses to inspire others.
if they do this, they could not called as an expert.maybe i will call them scammer.show off the profits and hide their loss to promote was scammer habbit, expert usually has trading plan .they will show us how to become successfull and expeert trader.they want to warn us that cryptocurrency marker was very dangerous for new traders.but scammer will always make us interested with their fake trading result and take benefit when we joined with them.

Well, this is their strategy so we cannot force them as there is no law regarding it. So we should be aware of it.

They are like just dev/core team of a certain project they are hiding how much they really raised to received people just for them to gain the trust users and for them to look successful. So, let's be careful with it unless they show proof of how much was raised.

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October 30, 2019, 07:05:55 AM
 #34

I think they are indeed many who hide their losses because for what losses are reported in public better kept for yourself and used as a lesson because the losses that have occurred can be a very valuable experience.

Indeed. those losses are their motivation to achieve those wins. its not that issue why they hide it. how did us motivate if we seen all the losses that they aim or receive. no matter how difficult it is they still have that dedication to share their wisdom to share all strategies they know. our main thing to do know is to take this opportunity to know more things from the experts especially on trading.  experience in market is not easy so we should make our self always ready.

Watch out for this SPACE!
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October 30, 2019, 07:20:07 AM
 #35

I think they are indeed many who hide their losses because for what losses are reported in public better kept for yourself and used as a lesson because the losses that have occurred can be a very valuable experience.

Indeed. those losses are their motivation to achieve those wins. its not that issue why they hide it. how did us motivate if we seen all the losses that they aim or receive. no matter how difficult it is they still have that dedication to share their wisdom to share all strategies they know. our main thing to do know is to take this opportunity to know more things from the experts especially on trading.  experience in market is not easy so we should make our self always ready.

Yes they simply hide their profits and loss to avoid gaining any attention from unwelcoming people and I have seen users earning millions and losing as well. The person who introduced me to crypto back in 2014 did the same thing he didn't boast about the profits as well as loss. It's better to keep these details confidential and it does not make sense to share these things on a public platform.

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October 30, 2019, 08:52:29 AM
Last edit: January 06, 2021, 09:43:08 PM by DarkIT
 #36

I'm pretty sure they will hide it, or will tell stories when they have success like "this also needs a struggle" or "at first I was also having a hard time". In trading, losing is not a secret anymore, even professional traders will experience difficulties when prices become unstable.It's like successful people have their sad stories, but we only know them when they have success. Trading is something that is uncertain, losing or winning it often happens.

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maydna
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October 30, 2019, 09:02:06 AM
 #37

All traders already make a profit and loss and even for a pro trader. Besides making a profit, a pro trader will also get a loss in trading. But they don't want people to know that they are getting lost the money in the trading. When people know about their losses, they thought that their credibility as a pro trader would reduce, and people will leave them and don't want to listen to their suggestions. I think they are not honest with their fans or public because they don't want to see people know about their losses. They will hide it and only them that know how often their losses.
gaston castano
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October 30, 2019, 09:16:04 AM
 #38

Same thing with gambling. Does the place of gambling remind us of defeat or how much is the risk of losing in gambling? of course not . they only highlight(show) something big and you can get it if you gamble there. trade experts will also do the same for a purpose that will surely benefit them more in the future.
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October 30, 2019, 09:30:39 AM
 #39

Gurus wanting people to see how good they are. They are ready to sell their knowledge thru seminars, books and tutorials. I began to wonder if they are really earning good on their trades or they earned by selling their knowledge that are still to be proven yet. I see many traders posting in social media. Some are posting their big gain gains and when someone asks, they will tell you to study hard and that they are showing their gains to motivate people to study harder. I don't see their gain posts as some sort of motivations. Other traders will also post share their successful buy and sell trades.

I think they should just post their entry points and then post again once they exit their positions. This way, we can see if they are gaining or not. This is the cleanest way to prove themselves.     

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October 30, 2019, 09:49:48 AM
 #40

yes of course everybody will make mistake because trading is unpredictable, so if they make group to give signal or something they will hide thier fault/lose
if not how can they attract people, because in trading someone need to lose then other can win, a litlle cruel but its the reality.
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