|17 Feb 2020||Profit of Rs. 27,483|
|18 Feb 2020||Profit of Rs. 43,414|
|19 Feb 2020||Profit of Rs. 109,905|
|20 Feb 2020||Profit of Rs. 85,712|
|21 Feb 2020||Profit of Rs. 62,031|
The market remained lackluster for the second consecutive week that ended on February 20 as investors continued to monitor the coronavirus outbreak which has raised fears over global growth.
Last week, one of our traders made a profit of Rs. 62,031 on 14 Feb 2020. This week, one of our traders made a profit of Rs. 109,905 on 19 Feb 2020. All other days were also ended in profits. But the maximum profit is achieved on 19 Feb 2020.
All these profits were made under the guidance of Mr. Yogeshwar sir who taught us how to trade and manage risk properly. If you can manage your risk and identify the right entry and exit points, you can end your week in profits.
Whenever there is high volatility in the market, there is a great chance of stop-loss getting hit. There is also an equal opportunity to make a big profit than the expected one. Such opportunities do not come every day and when it comes, we should prepare ourselves for the outcome. Give a chance to yourself at least once in a month and see the difference in risk to reward ratio. But make sure, you are trading with proper risk management, else you will blow your entire capital.
If you have learned the stock market technical and fundamentals properly, then you should only be working towards making consistent profit. Don’t try to chase people who are making big profits. Even if you can make small profits; slowly and steadily, you will also be able to make such big profits. The key to success here is, never allow yourself or prepare yourself for a big loss. Always work on reducing risk and making consistent profits.