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; ok just for the lulz in memory of Paz & Dash. Here are my fave top 5 really dumb things ...

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Old Sep 9, 2011, 11:46pm   #1
Joined Aug 2008
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 10, 2011 at 12:05am. Reason: lulz
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Old Sep 9, 2011, 11:54pm   #2
Joined Jun 2011
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
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Old Sep 10, 2011, 12:21am   #3
 
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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).
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Old Sep 10, 2011, 1:30am   #4
Joined Mar 2010
Re: What are the dumbest/most annoying things you have heard people say about trading

Quote:
Originally Posted by mrfigure View Post
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.
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Old Sep 10, 2011, 2:28am   #5
Joined Sep 2008
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
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Old Sep 10, 2011, 7:19am   #6
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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 7:29am.
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Old Sep 10, 2011, 9:25am   #7
 
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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?
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