Monday, April 19, 2010

"Long-term greedy"

Here is a good advice from a "bad" but brilliant man - Goldman!

"as long as money is made over the long term, trading losses in the short term are not to be worried about."

This is Goldman's famous philosophy of being "long-term greedy"!!!

This applies wonderfully well to the learners in stock market!

As long as the new budding amateur traders are learning and improving

"mistakes" and losses are pardonable.

These are like consuming ammunition to train the budding soldiers......

These are like trainee pilots crashing the trainer jets but ejecting just before that.....

These are like friendly goals of budding football champs....

These are like broken bones of budding boxing champions....

As long as the lessons are being learnt

and experience is being gained

and methods being hardened

loss should be accepted with a mature smile!

as a cost of learning!!!

Afterall, training a stock trader is as costly as training a fighter pilot!

Be a proud "trainee fighter pilot" of The Royal Air Force

of National Stock Exchange!!!

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