A whale who has never been wrong.

[crwth]

For someone to trade, a loss is impossible to avoid. No one would ever get 100% unless it's just a single trade, and it would be only a few chances. This will be my first time trading.

Additionally, I don't think it's right to treat Win rate as the main metric for how successful a trader is. A better metric might be ROI, or the percentage you get back.

This would be dependent on the amount of capital that you have and how many trades you would be able to make.
^{(If I was a whale, I would just hedge positions  )}

[EarnOnVictor]

What do you think?

I think you are the one who took your friend too seriously. You should have ignored that immediately he said it if you understand the market yourself. Although a whale that has never been wrong is very possible in Bitcoin investments, but in trading, that's not possible. You can only see a reckless trader who's trying not to be wrong, and by virtue being reckless and putting his account in danger while trying to prove a point.

[justrohman]

I think the important question is not whether a whale has ever made a wrong trade, but how we measure their actual performance. If we only see their successful positions, we may get a very different picture from their complete trading history. A large trader can also have more room to manage risk because of their capital, but that does not mean they can predict the market perfectly. What matters is their overall performance, including losses, leverage, and how much risk they take to make a profit. For me, a claim that someone has never been wrong should be treated with caution unless there is a verifiable record of all their trades. Otherwise, we might be confusing a good trading strategy with selective reporting or simply good timing.

[laijsica]

While discussing amount friends, one among us who is always updated (up to the minute) on fundamentals and economic news made a statement that "a whale who has never been wrong just placed a long on BTC and ETH" apparently, this billionaire has never been wrong in all the times my friend has been watching his trades.

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

What do you think?

Whether a big trader or a small trader, they mostly buy based on speculation. Since whales have a large capital, they are strategically ahead in trading/investing. They analyze the market for a long time and as a result, most of their guesses are correct.

The position taken by this experienced whale may be correct but may not be completely correct because market fluctuations are caused by many reasons. A trader certainly makes mistakes but the amount of mistakes made by experienced traders is relatively less.

There is no separate tool to get more profit from trading, with your patience and discipline and by determining the right strategy adopted in risk management, you will become experienced and can become a whale in the future.

[Zoomic]

What do you think?

It's delusional to believe that there's any trader anywhere that has a perfect record. There are traders with very profitable in their trades but regardless of how good you a trader is in their analysis, there'll be moments the market will move to a direction that's contrary to your prediction.

What makes these experienced members stand out is that they know how to manage their losses when the market doesn't move their way. Winning 8 over 10 trades doesn't equal to perfection.

So instead of believing that there's a trader out there that's never wrong, I'll rather want to learn from the ones that knows how to perfectly manage risk. 

[7juju]

What do you think?

The question you should have asked your friend is how did he know that the so called whale has never been wrong with his trading strategy? Also ask him if he is so sure that the trader haven’t been wrong with his trading call, why haven’t him become rich ever since he has been following and copying the trade signals of the whale.

 Your friend don’t know what he is talking about, probably he was high on something, I haven’t seen or heard of any trader that haven’t made the wrong trading decision before. Probably the so called whale haven’t been trading for more than a month, because if he is someone that has been trading for long, he must have made several wrong trading calls.

[PERtua]

It is important to note the difference between being correct on the trend and making a profitable trade. Even if a whale is able to get the call right on btc. They may still lose money due to leveraging, liquidation or a wrong timing. In addition, just looking at the positions that are publicly announced may not provide a complete picture of the results they are producing. I'd like to see a proven track record of successes and failures. And then call anyone consistently successful. There are benefits to large capital but it does not eliminate market risk.

[Peanutswar]

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

I guess lets normalize having a mistake not all of the people win their trades and not all the times they are correct sometimes people overreact too much for those who becomes early profitable enough. Let's say they are one of the top people, like businessman, millionaire or even billionaire have a good skill and experience in market but unexpectedly a natural occurrence happens so possible still they made a mistake.

Now for those I can consider those people has an edge because of their connections and power, so they got an early call for potential in the market so just like people benefit from another that's the perks being at the top.

[FinneysTrueVision]

While discussing amount friends, one among us who is always updated (up to the minute) on fundamentals and economic news made a statement that "a whale who has never been wrong just placed a long on BTC and ETH" apparently, this billionaire has never been wrong in all the times my friend has been watching his trades.

Every trader is wrong at some point if they are taking directional exposure. Somebody who has enough capital and is using low leverage can manage to keep their positions open for a long time without getting liquidated and averaging their entry cost down until they are profitable. That might be what this whale your friend was watching was doing, although there aren't enough details in your post to know the exact strategy. Also, as they always say, past performance is not indicative of future results. This might be the first time that this whale is actually wrong.

[Finebone]

What do you think?

We may disagree with this unpopular fact, but it actually the truth, which is the fact that their are group of whales that comes together to manipulate the price of Bitcoin to their favour, because for so long now we are only talking and thinking that it can only be done to alt or meme coin, but we are blind to the fact that it can also be done to Bitcoin, just that it will take a lot of money to get it done, which is why they comes together to actualize their goal. So if a recognized or popular whale says that this is what's going to happen, that is what's going to happen as long as he is telling the truth.

[TheUltraElite]

I'd like to see a proven track record of successes and failures. And then call anyone consistently successful.

Thing is that the scammers who make the statements will hope that the victim is bamboozled enough to not ask for the track record. They want the impulsive decision to be made by the victim and that is what they are capitalizing on. Hence the major scam that ends up happening is people selling their shitcoins on top of small fries who just entered the market.

By doing so they are effectively without any legal problems cashing out their shitcoins and leaving the new investors at bay.

or they might drag people into exchanges with their referral link. Either way, one should be careful to not trust anything at face value when it comes to speculative markets.

[Jaweria parveen]

Every trader is wrong at some point if they are taking directional exposure. Somebody who has enough capital and is using low leverage can manage to keep their positions open for a long time without getting liquidated and averaging their entry cost down until they are profitable. That might be what this whale your friend was watching was doing, although there aren't enough details in your post to know the exact strategy. Also, as they always say, past performance is not indicative of future results. This might be the first time that this whale is actually wrong.

Mistakes always happen when you are not in complete control of the situation, so every trader in the market makes some mistakes. If you want to get very rich and quickly, you have to work with high leverage. If you want to work for a long time, you will work wisely and will not keep the leverage high and will earn profits gradually. They can also make mistakes because the market can turn against anyone at any time. Although whales have more knowledge, they can still make mistakes due to their speed, but we trust them a lot, but if we say that their hard work for so many years is all wrong with a small mistake, it is a wrong idea. An investment or sale of whales can bring a good change in the market price.

[Tamaperdana]

While discussing amount friends, one among us who is always updated (up to the minute) on fundamentals and economic news made a statement that "a whale who has never been wrong just placed a long on BTC and ETH" apparently, this billionaire has never been wrong in all the times my friend has been watching his trades.

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

What do you think?

If you're asking if there are traders who never lose, it's clear that there aren't any. Even today's great traders often experienced losses. But it was from those losses that they learned and eventually became great. But I don't know for sure, because there could be truly geniuses who excel at trading. But the point is, don't let things like this drive you. Basically, if you're a trader, focus on yourself and learn from anyone if they're beneficial to your trading journey. Because fundamentally, great traders aren't just rich or have certain tools. I truly believe that a great trader is one who can control their emotions and avoid greed. If a trader can control their emotions, I'm sure they have the potential to succeed. So, if the whale you're talking about is always right, it means he has a lot of experience. So, this is quite interesting.

[Emeraldo]

While discussing amount friends, one among us who is always updated (up to the minute) on fundamentals and economic news made a statement that "a whale who has never been wrong just placed a long on BTC and ETH" apparently, this billionaire has never been wrong in all the times my friend has been watching his trades.

This is not about whales being wrong but about understand how they are playing the game of liquidity.
Whales are one of the vibrant investors that are adding liquidity to the market and this can be on a gradual process in a way many unsmart investors would not understand what's about to happen in the market. We can see them like a liquidity provider.

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

If you can trade in the way most of these whales are running their trades, you may never see lose although you don't have the information that can make you trade like them and the fund to buy at huge amount. What you can do is for you to listen to the news and make research on news that can change the market direction.

[leea-1334]

This does not exist, think rationally,,, even the most famous investors have been wrong, they just take safe bets and play the long game, Buffett for example. Why need to follow the whale anyway? Lots of people on this forum are holders and so far,,, none of them have been wrong about longterm price appreciation  

Some people just want to complicate things when they can chose the easier way around and be at peace. And even if you want to follow that certain whale, but in reality that does not exist. Big whales may be profitable but they are also losing a lot, and that's one thing that we can't deny with trading.

But with DCAing and long term hodling, the risk is low compared to trading, yet some people are still hesitant which should be more prioritized, either they rush into trading or just settle with long term hodling.

Nah,,, you cannot be profitable and losing a lot. In this case you are only losing, and whales or influencers or whatever can show you only the P but forever hide the loss. I really dislike seeing this kind of crap being advertised for free,,, like why are we helping or respecting such 'whales'? Like I said, why follow anybody at all, just do your own thing or do what the forum guys do. Hold and be happy

[Pandu Geddon]

It is important to note the difference between being correct on the trend and making a profitable trade. Even if a whale is able to get the call right on btc. They may still lose money due to leveraging, liquidation or a wrong timing. In addition, just looking at the positions that are publicly announced may not provide a complete picture of the results they are producing. I'd like to see a proven track record of successes and failures. And then call anyone consistently successful. There are benefits to large capital but it does not eliminate market risk.

Maybe what is shared is only trades that generate profits. Meanwhile, the losses are never shared with the public. Of course, there is no certainty in this matter because it is just a story. Perhaps if the OP provides a clear picture and evidence that the trader always makes a profit, it would surely make us believe that there really is a trader that successful.

[PX-Z]

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

What do you think?

Did your friend actually show you 100% of that trader's trading history? If someone truly has never been wrong, they should be a billionaire by now. Even the most experienced traders or investors make mistakes. The difference of successful traders from the rest isn't being right every time or not making mistakes, but knowing when to cut their losses, learn how to walk away, and stop holding assets they think is not worth it keeping.

[Arenga pinnata]

While discussing amount friends, one among us who is always updated (up to the minute) on fundamentals and economic news made a statement that "a whale who has never been wrong just placed a long on BTC and ETH" apparently, this billionaire has never been wrong in all the times my friend has been watching his trades.

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

What do you think?

I don’t think there’s anyone who hasn’t experienced losses or made mistakes in trading not even a “Whale” trader. Personally, I often see news reports, and even in the liquidation bot on Telegram, I consistently come across quite a few large trading positions that have been liquidated. This happens every day. So it’s not just small traders who consistently lose money; even large traders suffer losses every single day. Some hit their stop-losses, and others get liquidated. So it’s better to trust the analysis we do on our own rather than just following the moves of the “whales” in the market. Although sometimes the moves of the “whales” can serve as a key indicator, well, that’s not always the case.
" Bitcoin Whale Faces $5 Million Short Liquidation as $18.38 Million Position Nears Liquidation "

[savetheFORUM]

What do you think?

I can not say it's truth or not but why don't you ask for his name or anything about him that can allow us to verify this claim? If you give us more information about this genius whale, we can access ourselves and tell if it's true. You should not rely on information like this to make your trading decision. Always do your findings before you make a move. Anyone can say anything, unless there's a way to prove it's genuine claim for a reputable source, it's just a rumour. As far as I know, no one is absolutely accurate when it comes to trading. I know when are better than one another but I can not say someone is out there with absolute accuracy.

It is a tricky question indeed. He is a billionaire though and then it is also possible that he uses his money to purchase VIP subs that can ace his trades. This is not only limited to the legit one but can be a mix of some illegalities too like insider info, for him to not have a single loss. That being said, it is unlikely that they reveal their selves in public. Most here can only conclude that it was a whale by simply seeing their wallets or if it has tons of crypto/money in it. We then follow its activity to bet if the price of some coin will go up or go down, or even the market as a whole as sometimes it can have an impact, especially if they are using some influential coin.

[Faisal2202]

You may be able to see trading discussions on Polymarket where they have a 100% win rate although some say they have insiders or use trading bots in fast trades like 1 hour ahead BTC rise or fall.

Then trading in Hyperliquid was more highlighted by the media because many whales were there to determine long/short positions, it turned out that many lost everything after making a profit, this means that there were no whale traders who continued to experience large losses.

There are many misleading reports, there are valid reports, it's up to us to digest how accurate the news is.

The report I shared is not fake. Everything can be seen on-chain, so we have proof and can't say the reports here can be misleading. Although the OP has not shared anything, so we can't really confirm if the whale was actually profitable like this.

But if the whale was, then for how long? If I traded twice and my win ratio was 100%, then it doesn't mean I am really good and others should copy trade me.

On Polymarket, those whose win ratios have always been higher than 95% or 90% are watched closely by the Polymarket team. I saw a video of their team using AI to catalog all the winners in circles, and the ones with bigger baskets and better win ratios can be seen easily, as their circles in the visual representation become bigger and bigger, and they can easily trace if the person is an insider or not.