Do expert traders hide their loses?

[CarnagexD]

In other side, actually risk in trading must showed too. I mean if expert trader who have a lot of followers only show his profit, maybe that followers will think trading is easy way to get money. And then when they try it by themself, they face experience that really different from who they follow did.

This is something that is missing from almost any tutorial that you see in YouTube or the comments of all the popular social networks, traders tell you how much money they made, when they entered the market and when they got out of the market but they do not tell you how much risk they took in order to make those profits, and a perfect example of this is trading with leverage, those trading with huge leverage can produce great profits in a short amount of time but they do not tell you the immense risk that they are taking with each trade and that no newbie can handle effectively.

Greediness. This what people nowadays have, they search for "how to make money online", instead of searching "how to risk money online". Whenever I have my free time, I browse on different social media such as facebook and youtube, there is a lot of advertisement in those platform, one of those are trading. If you get into facebook/youtube video there will be ads to play. I noticed a bunch of one sided ads with various trading platform that is totally there just for the money. They show high returns from the capital which is the bright side of trading, which I really really get embarassed of (If you're a trader, I know you know the feeling).We came for the money, yes, but it doesn't stop with that. Trading will be effective if we could just see what it is really about.

[South Park]

In other side, actually risk in trading must showed too. I mean if expert trader who have a lot of followers only show his profit, maybe that followers will think trading is easy way to get money. And then when they try it by themself, they face experience that really different from who they follow did.

This is something that is missing from almost any tutorial that you see in YouTube or the comments of all the popular social networks, traders tell you how much money they made, when they entered the market and when they got out of the market but they do not tell you how much risk they took in order to make those profits, and a perfect example of this is trading with leverage, those trading with huge leverage can produce great profits in a short amount of time but they do not tell you the immense risk that they are taking with each trade and that no newbie can handle effectively.

Greediness. This what people nowadays have, they search for "how to make money online", instead of searching "how to risk money online". Whenever I have my free time, I browse on different social media such as facebook and youtube, there is a lot of advertisement in those platform, one of those are trading. If you get into facebook/youtube video there will be ads to play. I noticed a bunch of one sided ads with various trading platform that is totally there just for the money. They show high returns from the capital which is the bright side of trading, which I really really get embarassed of (If you're a trader, I know you know the feeling).We came for the money, yes, but it doesn't stop with that. Trading will be effective if we could just see what it is really about.

In my opinion I think this also happens because people focus too much on their goal and not in the process, whenever I make a trade regardless of the result that I get I always analyze it in see if I followed my trading strategy, if I did regardless of whether or not I earned money I'm happy about it because I stuck to the process that I know in the long term will give me profits, but if I did not follow my trading strategy then I will try to understand why that happened and what I can do to correct that regardless of the result that I got.

[Pipdips]

How do you toggle a poll into this topic? We needed a poll but now it is too many pages.

It is not really do they hide their losses, it is more like do they just completely hide themselves entirely and act like secret agents with top secret clearance, or.... are they more human-like?

Are top traders like sharks with no life in them at all? All they do is gobble up bitcoins and can never get enough? Or are these real living productive people, or just are they on a totally different wave length?

[BlacksmithCorporation]

I remember the advice of Peter Lynch - "In this business, if you're good, you're right six times out of ten. You're never going to be right nine times out of ten." In fact, even if they are the best experts, they still have a time of loss. But the common nature of our people is to like to talk about victories.

[seramania]

I beleive they are covering some of their losses but that is bad. Maybe they are afraid for their reputation but on.that way they represent the wrong picture for amateur traders that crypto trading is only profit or maybe just a smaller loss. That is why many think trading is fast and easy money and we are all.aware that is not true.

reputation for experienced traders is very valuable, I think all traders have experienced losses. it's just true that it is covered because if it gets opened to the public it might make doubt that novice traders will start trading for the first time. so this is like a strengthening strategy and motivation for other traders

[yarlungzangbo]

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

Why don't build a website and recording all trades of trader's account?

[LUCKMCFLY]

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

Why don't build a website and recording all trades of trader's account?

There was a great market speculator, he became poor and rich 5 times respectively, everything he did was recorded in his books, his name was Jesse Livermore, he was not ashamed to show his losses.

I think that every trader should take the losses as learning and not as a reason for shame, some may not have matured that knowledge, but in commerce it is common to win and lose, but when in reality you learn at least the losses begin to stop.

His advice in the books, are fully applicable to the Bitcoin and Crypto market.

[The-Devil]

Yes, I think so Expert traders always keep their losses in secret. But I don't know why. I asked a lot of Experts Traders. But they all ignored my words. It is only heard how much profit Expert traders made, but it never says how much was lost. Have they ever lost at all in trading?

[Negotiation]

I think expert traders hide they are lost. Because they are so burdensome and good businessmen. If they go after the vaccine, they hide it because when it comes to success, everyone exposes it and even the expert traders try to overcome it. They do not stay in the losers. If not for one, Areta hides the lost of expert traders because they haven't picked it up.

[BitTraderCute]

I beleive they are covering some of their losses but that is bad. Maybe they are afraid for their reputation but on.that way they represent the wrong picture for amateur traders that crypto trading is only profit or maybe just a smaller loss. That is why many think trading is fast and easy money and we are all.aware that is not true.

reputation for experienced traders is very valuable, I think all traders have experienced losses. it's just true that it is covered because if it gets opened to the public it might make doubt that novice traders will start trading for the first time. so this is like a strengthening strategy and motivation for other traders

their loss history could be motivation for beginner. they will thinking its possible for them to be good traders, from expert trading history they will thinking everyone could suffered loss, no one could not avoid it. this is will be good thinking and they will have new spirit again.

[cryptomessage2019]

I have found this site, where all trades can be transparent, that means the expert trader can not hide fail trades. Highwater trading (https://highwater.trading) offers good tool for users and traders, so it is kind of a social trading platform, where customers have access to all crypto assets, and traders can only build the portfolios.

[tbterryboy]

I beleive they are covering some of their losses but that is bad. Maybe they are afraid for their reputation but on.that way they represent the wrong picture for amateur traders that crypto trading is only profit or maybe just a smaller loss. That is why many think trading is fast and easy money and we are all.aware that is not true.

reputation for experienced traders is very valuable, I think all traders have experienced losses. it's just true that it is covered because if it gets opened to the public it might make doubt that novice traders will start trading for the first time. so this is like a strengthening strategy and motivation for other traders

I think more than hiding losses .. reputed, experienced and more importantly successful traders always analyse their mistakes and focus on not repeating them in future. It is okay to make bad trades but its important to learn from each trade and that's where good traders are differentiated from bad/inexperienced traders.

As long as we learn from our mistakes we will improve in trading and on top of that I will suggest that once we start learning from others mistake then we will the best traders because all the great investors/traders have learned from others mistakes and that saves a lot of time and potential loss but that requires some great knowledge and market awareness.

[adjed]

We live in a world where perfection is expected from people in lofty positions and that applies to every aspect of life, we require our celebrity musicians to be perfect in music, we expect our actors and actresses top be able to act without destroying their lines, same applies to our top traders, we expect them to be perfect in trading and always make the right decisions, and if we were ever to find out that they make losses once in a while too, we wouldn't listen to anything they have to say and our respect for them would be gone, so ofcourse, they hide their losses. Ignorance is bliss.

[Emitdama]

I remember the advice of Peter Lynch - "In this business, if you're good, you're right six times out of ten. You're never going to be right nine times out of ten." In fact, even if they are the best experts, they still have a time of loss. But the common nature of our people is to like to talk about victories.

And when we are in starting times of trading I will say even 5 times out of 10 will be a good number. The best traders in the market do not exactly hide their losses but they are least bothered by the profits and losses initially, they are more focused on whether they made a right or wrong decision because at the end of the day you might win a bet on 10% but that does not means it was a good bet, similarly your trades must value at least.

Trading and gambling have a lot of similarities and an offensive gambler would never be a successful trader and someone who does arbitrage gambling will always be more wise and chances are he will be more successful in trading too.

[marcous]

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.

well, that is why the experience we have experienced in ourselves is the best teacher so we will learn how to react to it. it will make us careful when making decisions, especially when you trading and prices go down. because someone could be said expert traders/pro are relative I guess. depending on which side they judge.

[Dr.Osh]

I think expert traders hide they are lost. Because they are so burdensome and good businessmen. If they go after the vaccine, they hide it because when it comes to success, everyone exposes it and even the expert traders try to overcome it. They do not stay in the losers. If not for one, Areta hides the lost of expert traders because they haven't picked it up.

actually they have defeated, but the reason why they hide it is that many people are not so interested in other people's failures. in addition, some people are only interested in seeing profits, not losses. if they share the losses they get, we will definitely think that this is a hard road. therefore, they only show their success as motivation for new entrepreneurs.

[StephenieDuong]

I think there 2 types of expert traders. First type, always show winning trade and never talk about their lose. This type, sometime they are not real expert but just want to show off and get more fame for their personal purpose. Second type, the real expert and most of them did not show off and always analyze for everyone why they are losing.

[Negotiation]

Yes, I think so Expert traders always keep their losses in secret. But I don't know why. I asked a lot of Experts Traders. But they all ignored my words. It is only heard how much profit Expert traders made, but it never says how much was lost. Have they ever lost at all in trading?

I agree with you that specialist traders always keep their losses secret because they are not sitting down when they are hurt and they are frustrated and they have to do it again and again there is something wrong They continue their trade.

[tungaqhd]

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

We all know that losing is inevitable in trading so i think that expert traders won't hide their loss. But they will show how they gain profit again after their loss.

[stiffbud]

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

The expert traders are said expert because they don't have fear of loosing and they embrace losses with equal happiness as a win as they get a chance to learn from their mistakes and try not to repeat those in the future whereas the novice traders are quiet the opposite as they always show their wins to make them proud on the surface but inside they are afraid of loosing.