What are the dumbest/most annoying things you have heard people say about trading?

This is a discussion on What are the dumbest/most annoying things you have heard people say about trading? within the General Trading Chat forums, part of the Reception category; Originally Posted by NVP but dont you think that you have to disconnect yourself from the intrinsic value of money ...

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Old Sep 17, 2011, 11:46am   #71
Joined Sep 2008
Re: What are the dumbest/most annoying things you have heard people say about trading

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Originally Posted by NVP View Post
but dont you think that you have to disconnect yourself from the intrinsic value of money to trade effectively ?

N
I agree you should disconnect yourself from the dollars & cents while you are in a trade or you will tend to make decisions based solely on the position's dollar value rather than sound trading techniques.

I think what Split means is more along the lines of people just throwing $20000 into an account and saying, "whoohoo, here we go", and not really having any plan or method.

Peter
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Old Sep 17, 2011, 1:36pm   #72
 
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Re: What are the dumbest/most annoying things you have heard people say about trading

I'm interested in spread trading Copper and Platinum. Do I need a spread betting account?
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Old Sep 17, 2011, 2:19pm   #73
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Re: What are the dumbest/most annoying things you have heard people say about trading

MajorDutch started this thread Here is a good one someone posted earlier today.

Re: Am I scalping?
To maximize your probabilities, make sure to trade around the london and us opens where you have lots of price action and volume

utter b0ll0cks
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Old Sep 17, 2011, 2:20pm   #74
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Re: What are the dumbest/most annoying things you have heard people say about trading

MajorDutch started this thread
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Originally Posted by Bint_Crusher View Post
I'm interested in spread trading Copper and Platinum. Do I need a spread betting account?
no you need to go down to your local scrap metal dealer.
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Old Sep 17, 2011, 2:50pm   #75
 
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Re: What are the dumbest/most annoying things you have heard people say about trading

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Originally Posted by sh5467 View Post
no you need to go down to your local scrap metal dealer.
That might be one way of doing things but how can I sprerad trade platinum without a spread betting copper account .
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Old Sep 17, 2011, 4:12pm   #76
 
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Re: What are the dumbest/most annoying things you have heard people say about trading

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Originally Posted by Wisetrader View Post
Has anyone tried Euro Daily Trader from theforexclub.eu?
They are known to steal peoples money.
Hope that helps
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Old Sep 17, 2011, 4:50pm   #77
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Re: What are the dumbest/most annoying things you have heard people say about trading

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Originally Posted by Wisetrader View Post
Has anyone tried Euro Daily Trader from theforexclub.eu?
This quote in 5 different threads...
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Old Sep 17, 2011, 5:02pm   #78
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Re: What are the dumbest/most annoying things you have heard people say about trading

Actually, I really cringe when cosistently losing traders jerk out what I like to call 'neo-conventional wisdom'.

So someone who tries trading with pin bars, 2:1 risk reward, S/R, and fails miserably, who then goes on to say 'R/R is bull****' , ' can't make money off charts, pin bars don't work', 'S/R is useless'....

I think someone who makes money defying those conventions has a right to argue against them, but it's the people who flit from one to another, in a never ending cycle of losing for years and years; they seemingly know everything about every market and every trading style, why order flow is better than charts, but can't make money either way and just keep giving negative advice.

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Old Sep 17, 2011, 5:48pm   #79
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Re: What are the dumbest/most annoying things you have heard people say about trading

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Originally Posted by Wisetrader View Post
Has anyone tried Euro Daily Trader from theforexclub.eu?
winner
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