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Short-term gain is long-term pain Short-term pain is long-term gain Pain
is very useful. No pain, no gain; so goes the saying. Pain flags us
that something is wrong. When we are physically or mentally hurt we
feel the pain. Physical pain and mental pain are quite different from
each other. The latter is much more difficult to heal than the former.
Anyone with a broken romance will feel the mental pain. When
you take a small profit, you feel elated. As the stock which you sold
goes up and up, your short-term gain becomes a long-term pain. On the
contrary, if you cut your losses quickly, and the share price comes
down and down, your short-term pain becomes your long-term gain. A trend in motion is likely to continue in the same direction.
This is important. You will do well to commit it to memory. Let your
profits run. Never kill the golden goose when you have one. People say,
“don’t be greedy”. What’s the use of making pennies? You’ll never grow
rich making pennies. Think big and plan big and someday you will be
rich.
Money for value you must insist. Invest wisely. Good luck and all the best.
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