There lived a king who has a very strong army and very much interested in capturing the big forts of his enemies. As he wished he also captured many of his enemies big forts but he had one big problem and worries that he lost few of his best men's in the fight
When he approached the hut, he saw a lady cleaning the area around the hut. As soon as she saw the king, she thought he was one of the men from King's army. She invited him and gave some water to clean himself and to drink. Later she offered him a blanket and made him comfortable
She brought some hot rice in a bowl for him to eat. The king grabbed the bowl and started eating fast, he spilled few rice and hurt his fingers. The women after seeing him spilling rice & hurting himself, told "You are too impatient like our king"
The king got too furious and asked the lady, why did she told that way. The lady replied, king was very furious only in capturing the big forts and lost many men's instead he would have captured the small forts first and gain control over the outer area of the bigger fort, strengthen the army and then move to the bigger forts. Since he was impatient he concentrated only on the center (bigger forts) and he lost many of his best men's. This was a story of a king, who lost best things in life because of his impatience
This normally happens in stock market. Most traders think only of the bigger picture and lose many of the small confirmed winning opportunities. One should always concentrate on the decent returns and not be greedy of the higher returns in a short time. Being too greedy will hurt traders
Initially, It is always a wise thing to take position over small confirmed profits. After gaining more capital and experience, one can concentrate on the bigger picture.
"Life's battles don't always go
To the stronger or faster man,
But soon or late the man who wins
Is the man WHO THINKS HE CAN!"
Have a Great Day
B G Nareshkumar
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