Also includes most misused words and phrases. I'll start. Holy Grail (my vote for most misused of all) edge Black Monday Black Tuesday Black Anyday Black Swan "It's a top!" "It's a bottom!" "Is this a top?" "Is this a bottom?" Fibonacci Gann Elliott Sharpe standard deviation I look forward to your choices.
loose / looser / loosing pips 90% - as in 90% psychology or 90% of traders lose profit taking risk:reward of 3:1 zero-sum game
Probably "Let your winners run, and cut your losses short".... Great goal to have but once you solve how to accomplish that one thing operationally, you're a master trader.
"seems ripe for a correction" "market is oversold" "the market is telling me..." "investors are bargain hunting"
BTFD (Buy The F**king Dip) Buy low, Sell high This time is different The market WANTS to go up/down This market sucks What happened? positive expectancy
Let's not forget the biggest myth of them all : "Markets change over time". I always want to scream when I hear that stupid phrase!
"Don't worry, it will come back". This "sound" advice is usually given after a trader or a group of traders had experienced a dizzying 70% drawdown or more, Enron style .
market wizard market guru 2% rule Kelly ratio / Kelly principle / Kelly criterion random entries Normal distribution Gaussian lognormal high probability trades