I've seen content creators who are advertising traders that people must copy. They're not perfect but their winning rates are high and they've earned millions.
While that can be some sort of PR but, if it there are whales who never made mistakes in their trades, it's BS.
All make mistakes and wrong predictions even backed with analysis, I think that there's always someone who's good enough to be considered and yet still commit mistakes and in result to losses.
I don't believe everything I hear online because I know that content creators will shill for these trading signals and whales for a fee, they make newbies to feel like trading is very easy meanwhile majority of all the loses are not made public. People can do anything online to get traffic and to get paid, it is best for new traders to look for genuine trading mentors who can guide them without sugarcoating trading.
For a whale or their shillers to say that they have never experienced any loses in trading is very hard to believe, claiming to have minimal loses is understandable but not encountering any loses should be viewed with suspicion. I wonder what such whale hopes to achieve by sharing such information even if it is true which I doubt, words like that is what misleads newbies to assume that trading is very easy.
In my opinion, there is no real good mentor available now. In trading, all mentors work by listening to various sponsors at the beginning. This makes new traders even more confused. I have learned one thing about trading from my own experience. A new trader suffers a lot of losses when he starts learning. Because it is very easy to sell signals with the hope of teaching new traders how to trade. When a new trainee loses, he can learn real trading. He does not learn from a mentor. After experiencing losses, when that trainee goes to another mentor, he can learn something right without being deceived because of his prior knowledge. But even then he could not be completely skilled. After that, that trainee combines the advice of another new mentor and all his own experience of losses, then he starts to become somewhat skilled. If you want to become an experienced trader, you have to gain knowledge by repeatedly losing in the beginning.
But if someone says that he learned trading without any losses and now I am experienced, it means that he is giving wrong information. Or is there any signal or big investor promotion going on. It is always better for beginners to stay away from trading mentors. Because every trader benefits from their own experience not from anyone's advice. Mentor can show you some common mistakes or small ways. But the main risk or everything else is your own.
