|24 Feb 2020||Profit of Rs. 49,105|
|25 Feb 2020||Profit of Rs. 22,384|
|26 Feb 2020||Profit of Rs. 70,334|
|27 Feb 2020||Profit of Rs. 35,419|
|28 Feb 2020||Profit of Rs. 88,347|
The month of February, which got off to a shaky start, especially after Budget 2020 and the Reserve Bank of India’s Monetary Policy Committee (MPC). On the domestic front, bears took control of D-Street weighed down by rising concerns of a slowdown in growth, and muted earnings growth for December quarter; while on the global front, increasing fears of coronavirus (COVID-19) ignited risk-off sentiment. The S&P BSE Sensex plunged 5.96 percent while the Nifty50 was down 6.21 percent in February, making it one of the worst monthly falls since September 2018, data showed. Nearly 400 companies out of the top 500 companies recorded negative returns in February in the S&P BSE 500 index, but 25 of them bucked the trend as they rose 10-60 percent in the same period.
Even though the market was volatile, our traders abled to make profits in this week as well. One of our traders made a profit of Rs. 88,347 on 28 Feb, 2020.
All these profits are booked under the guidance of Mr. Yogeshwar sir, who taught traders how to find high probability trades and how to manage trade while having a position in it.
He always says, “Never allow your small loss to become a big loss.”
Yogeshwar sir teaches psychological fundamentals of the market in the live trading room and any of the training programs. You can see the results of such learning by looking at the profits made by our professional traders. Every trade is right, even you make less profit. Consistent effort towards “not making big losses” in the market should be our priority. If we have the capital to play in the market, our small loss can be turned into a small profit and, with consistency, into a big one.