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

MajorDutch · Sep 9, 2011, 6:46pm

ok just for the lulz in memory of Paz & Dash. Here are my fave top 5 really dumb things I have heard people say about trading (in no particular order). Please add yours to the thread.

1. Now I am in a free trade.

I fkin cringe when people say this.

2. This is just one of the ways I make money (not for beginners).

3. Never trade with a stop.

aka mr 200 winning trades in a row all of a sudden gone quiet

4. Enter trades with a minimum 3.1 risk reward -

5. I commentate on oil a lot, i am shorting oil -

someone actually said this at a seminar I went to in Sept 2009.

I am adding a 6th one in after watching a video in another post.

6. Only broke people sleep.

BeginnerJoe · Sep 9, 2011, 6:54pm

6. Double your money in 1 month

7. Make 2 million from $100, erh from $200, erh from $500, erh I mean from $900

nile_croc · Sep 9, 2011, 7:21pm

1. "XYZ is looking cheap here"

2. "I told everybody XYZ was going to go up (or down) and nobody listened (or everybody laughed))"

3. One word: "Undervalued"

4. Anything that has anything to do with Warren Buffett (not that I have a problem with the guy, but everyone thinks that they're investing like him every time they buy a stock that went down).

brettus · Sep 9, 2011, 8:30pm

Quote:

Originally Posted by mrfigure

Thanks for the advice split. Id rather think big and learn big, taking hits along the way than place £10 per point here and there. Its a big loss but the learning curve is tenfold than just learning from a £250 loss. I'll be back, and il get my money back

after losing £25k.

wackypete2 · Sep 9, 2011, 9:28pm

1. You can't trade off 5m or 1m charts
2. If I keep compounding I'll have $$$millions in a year (or 2).

Peter

G.O.A.T · Sep 10, 2011, 2:19am

1. 300% per month consistently.

2. Holy grail 100% win rate, No lose one pip, no critise until the end of may.

3. 1000:1 leverage

4. My stop is at blah so the most I can lose is blah

5. It can't go any lower

6. Anything I say

robster970 · Sep 10, 2011, 4:25am

Keep out of the black and stay in the red, you get nothing in this game for 2 in a bed.

Or was that Bullseye?

wackypete2 · Sep 10, 2011, 5:53am

Quote:

Originally Posted by G.O.A.T

2. Holy grail 100% win rate, No lose one pip, no critise until the end of may.

lol. I forgot that one!

Peter

Sep 9, 2011, 6:46pm	#1
MajorDutch Banned Member Since Aug 2008 866 Posts	What are the dumbest/most annoying things you have heard people say about trading? ok just for the lulz in memory of Paz & Dash. Here are my fave top 5 really dumb things I have heard people say about trading (in no particular order). Please add yours to the thread. 1. Now I am in a free trade. I fkin cringe when people say this. 2. This is just one of the ways I make money (not for beginners). 3. Never trade with a stop. aka mr 200 winning trades in a row all of a sudden gone quiet 4. Enter trades with a minimum 3.1 risk reward - 5. I commentate on oil a lot, i am shorting oil - someone actually said this at a seminar I went to in Sept 2009. I am adding a 6th one in after watching a video in another post. 6. Only broke people sleep. Last edited by MajorDutch; Sep 9, 2011 at 7:05pm. Reason: lulz

Sep 9, 2011, 6:54pm	#2
BeginnerJoe Legendary Member Member Since Jun 2011 3,372 Posts	Re: What are the dumbest/most annoying things you have heard people say about trading 6. Double your money in 1 month 7. Make 2 million from $100, erh from $200, erh from $500, erh I mean from $900

Sep 9, 2011, 7:21pm	#3
nile_croc Senior Member Member Since Dec 2008 120 Posts	Re: What are the dumbest/most annoying things you have heard people say about trading 1. "XYZ is looking cheap here" 2. "I told everybody XYZ was going to go up (or down) and nobody listened (or everybody laughed))" 3. One word: "Undervalued" 4. Anything that has anything to do with Warren Buffett (not that I have a problem with the guy, but everyone thinks that they're investing like him every time they buy a stock that went down). __________________ "The world is very different now..."-JFK

Sep 9, 2011, 9:28pm	#5
wackypete2 Legendary Member Member Since Sep 2008 8,958 Posts	Re: What are the dumbest/most annoying things you have heard people say about trading 1. You can't trade off 5m or 1m charts 2. If I keep compounding I'll have $$$millions in a year (or 2). Peter __________________ ************************************************ ***************** I'm not into Fundamentals. I'd trade anything for T & A ********************************************** *******************

Sep 10, 2011, 2:19am	#6
G.O.A.T Senior Member Member Since Aug 2011 298 Posts	Re: What are the dumbest/most annoying things you have heard people say about trading 1. 300% per month consistently. 2. Holy grail 100% win rate, No lose one pip, no critise until the end of may. 3. 1000:1 leverage 4. My stop is at blah so the most I can lose is blah 5. It can't go any lower 6. Anything I say Last edited by G.O.A.T; Sep 10, 2011 at 2:29am.

Sep 10, 2011, 4:25am	#7
robster970 Legendary Member Member Since Dec 2008 4,202 Posts	Re: What are the dumbest/most annoying things you have heard people say about trading Keep out of the black and stay in the red, you get nothing in this game for 2 in a bed. Or was that Bullseye? __________________ Confident about your performance? Perhaps you should consider the Dunning-Kruger effect

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