Trading cliches & expressions - the ones you really hate!

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Old Dec 20, 2007, 3:28am   #1
 
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Trading cliches & expressions - the ones you really hate!

The trading world is full of cliches & expressions, some of them are creditable but a lot of them are just cop-outs.

Here is my attempt at cliche bashing, feel free to join in

CLICHE: "No one ever went broke taking profits"

What it really means: "I've lost the last 2 trades and my confidence is low, my latest position is up +5, I'm feeling frightened and I dont want another loser so I'm going to take profit now"
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Old Dec 20, 2007, 3:39am   #2
Joined Dec 2002
Its not what you trade, its how you trade it. (i'm happy for you to think i know what to do in any given situation.)

Last edited by JTrader; Dec 20, 2007 at 3:49am.
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Old Dec 20, 2007, 3:40am   #3
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Angry Re: Trading cliches & expressions - the ones you really hate!

The bend at the end of a trend is anything but a friend. (just made that one up!)
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Old Dec 20, 2007, 3:42am   #4
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Angry Re: Trading cliches & expressions - the ones you really hate!

What goes up must come down. (someday).

Last edited by JTrader; Dec 20, 2007 at 3:47am.
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Old Dec 20, 2007, 3:43am   #5
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Angry Re: Trading cliches & expressions - the ones you really hate!

What goes down must come up. (unless its called marconi)
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Old Dec 20, 2007, 3:45am   #6
 
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Captain Currency started this thread Hello JTrader,

Dont forget to put in what you really think they mean
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Old Dec 20, 2007, 6:54am   #7
 
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Better to be out wishing you were in than in wishing you were out = I'm too scared to trade.

dd
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Old Dec 20, 2007, 10:17am   #8
 
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Hot stock tip...

I think you all know what that means.
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Old Dec 20, 2007, 11:10am   #9
 
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"Does anyone now anything about ....."
= preparation for a scam, when it is a newbies first post.

Investments can go up as well as down.
= your guess is as good as mine, now heres my bill.

Past performance is no guarantee of future performance
= I got lucky. Off to polish my dice.
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Old Dec 20, 2007, 11:33am   #10
 
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ring ring.. "if I could introduce you to an opportunity that could make you 1000% on your money with no risk, would you be interested?"
= I work for a boiler room, please make me richer
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