Good day all,
As i gear my self for week 3 of trading i took the time to read many post from members within this community. This thread is created to point out the terms which should no longer be used because they don't apply to dynamics of how this system works.
The only rule of this thread is to add the term/word which you believe should no longer be used and explain the reason as to why.
The term i utterly dislike is "OverTrading".
The term seems to be used alot by people whom believe they have a strong grasp of the market when in reality they are as green as the grass in Ireland. Everything in life as a, "counter" so if you believe Overtrading exsist then simply define what undertrading is. A thread by DaviT on pivot trading has that word plastered every where but it is easy to see that he uses the term because people trade More than he does. I guess the trading world revolves around him and his pick a pivot price and pray strategy.
As i gear my self for week 3 of trading i took the time to read many post from members within this community. This thread is created to point out the terms which should no longer be used because they don't apply to dynamics of how this system works.
The only rule of this thread is to add the term/word which you believe should no longer be used and explain the reason as to why.
The term i utterly dislike is "OverTrading".
The term seems to be used alot by people whom believe they have a strong grasp of the market when in reality they are as green as the grass in Ireland. Everything in life as a, "counter" so if you believe Overtrading exsist then simply define what undertrading is. A thread by DaviT on pivot trading has that word plastered every where but it is easy to see that he uses the term because people trade More than he does. I guess the trading world revolves around him and his pick a pivot price and pray strategy.