Trading cliches & expressions - the ones you really hate!

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Old Dec 20, 2007, 3:28am   #1
 
Captain Currency's Avatar
Joined Sep 2007
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
Joined Dec 2002
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
Joined Dec 2002
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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