BEST TRADES OF THE WEEK (16 MARCH, 2020 – 20 MARCH, 2020)

Indian equity markets have been experiencing extreme volatility in the last few weeks. This volatility is reflective of the conditions in global markets. The CBOE Volatility Index (VIX), a measure of volatility in equity markets that is tracked widely, has been at multiple year highs and has been extremely volatile in the last couple of months. Even though the market was highly volatile, our traders abled to book profits in this week as well. One of our traders made a profit of Rs. 563,695 on 18 March 2020. 

16 March 2020Profit of Rs. 212,644
17 March 2020Profit of Rs. 79,049
18 March 2020Profit of Rs. 563,695
19 March 2020Profit of Rs. 73,805
20 March 2020Profit of Rs. 66,968

 All these profits were made under the guidance of Mr. Yogeshwar sir who taught us how to trade and manage risk properly. Managing risk and identify the right entry and exit points is the key to success in stock market.

Whenever there is high volatility in the market, then 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 in this market only. Such opportunities do not come every day and when it comes, we have to be prepared 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 are a safe trader, better is to watch the market, and not take any position. Not taking any position and saving money is also a position in the market which helps to keep you in the market for a longer period of time.

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