The problem with 'LGBT'

Just to clarify, I'm not talking about lesbians/gays/bisexuals/transgenders themselves. I'm only discussing the term 'LGBT' itself. 

The term 'LGBT' stands for lesbian/gay/bisexual/transgender, of course. On the surface, this term sees to blanket all of the queer community. Sure, it's easy and simple to remember, but I've got some problems with it. 

For one, it disincludes many people within the queer community. What about the pansexuals, asexuals, demisexuals, etc.? They don't count according to that term. It could be argued that these are 'exceptions', but that's really not good enough. The term 'LGBT' is plastered all over gay pride processions and is the common term known the public, disincluding all these other branches of the queer community leads to a situation uch like we have today, where any sexuality outside the umbrella term doesn't seem to exist to the general public (if you want proof of that, my iPhone didn't recognize pansexual or demisexual as words). 

In addition, I have a problem with the inclusion of 'transgender' in the acronym. I'm not hating on transgenders, however, as any of them may tell you, transgender isn't a sexuality. The inclusion of 'T' in 'LGBT' creates the misunderstanding that one's gender has anything to do with their sexuality. A male-to-female transgender (a woman who was assigned a male body at birth) doesn't necessarily have to be attracted to men. She can be a lesbian, despite identifying as a woman in a male body. However, transgenders really do need the understanding they deserve, and their place within the widespread term 'LGBT' helps them to get this. Although the placement can create misunderstandings, there's really not much we can do. 

On the other hand, other acronyms, such as 'LGBTQ' or 'LGBTAQ' do exist. The best in my opinion is 'LGBTAQ' (lesbian/gay/bisexual/transgender/asexual/queer). To me, this really does cover as much as we can of the queer spectrum. Other branches of sexualities would still need recognition, but are covered in the 'Q' of the acronym. Although in another interpretation this 'Q' can mean questioning, I feel it is better that it stands for queer. 

Or in the end, wouldn't it be great to hold gay pride under the term 'queer pride'? We should be raising awareness for the whole queer community, not just the branch we are in. Let's embrace all sexualities, not just our own.