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"

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.)

The bend at the end of a trend is anything but a friend. (just made that one up!)

What goes up must come down. (someday).

What goes down must come up. (unless its called marconi)

Hello JTrader,

Dont forget to put in what you really think they mean

Better to be out wishing you were in than in wishing you were out = I'm too scared to trade.

dd

Hot stock tip...

I think you all know what that means.