So lets get a list together of the great trading clichés out there, Ill start you off with 2 of my favourites:
- Buy the rumor, sell the fact
- Don't try to catch a falling knife
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I cringe every time I hear the word contrarian.
why jsmort
The pigs get fat but the hogs get slaughtered. You can never go broke taking a profit.
Contrarian, the most overused and under-utilised phrase in the markets.
You can pound a pig in the ass but it won't shit gold.
"Sell in May and go away." "The trend is your friend."
let the winners run
when the shit hits the fan
Most of them have already been mentioned. Some other cliches:
"Buy high, sell higher." "Losers average losses." "The market is always right."
"Markets can remain irrational longer than you can remain solvent" -Keynes
One of my favorites, and something you should always keep in mind.
"Buy the fucking dip."
"You're only as good as your last trade."
Haha
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