Benchmark indices ended with little change on March 27 after RBI announced some measures including repo and reverse repo rate cut.
At close, the Sensex was down 131.18 points or 0.44% at 29815.59, and the Nifty was up 18.80 points or 0.22% at 8660.25. About 1131 shares have advanced, 1138 shares declined, and 166 shares are unchanged.
Even though the market was highly volatile, our traders booked profits in this week as well. One of our traders made a profit of Rs. 196,520 on 23 March 2020.
|23 March 2020||Profit of Rs. 196,520|
|24 March 2020||Profit of Rs. 107,418|
|25 March 2020||Profit of Rs. 34,051|
|26 March 2020||Profit of Rs. 71,128|
|27 March 2020||Profit of Rs. 46,743|
All these profits were 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 always try to teach this psychological fundamental of the market every day in the live trading room as well as in any of the training programs. What we have learned at Pathfinders Trainings, you can see the results of that learning by looking at the profits made by professional traders. Every trade is good, even you make less profit. But working on not making big losses in the market should be our priority. If we have the capital to play in the market, our small lose can be turned into small profit and with consistency, into big profit.