|30 March 2020||Profit of Rs. 88,981|
|31 March 2020||Profit of Rs. 24,185|
|01 April 2020||Profit of Rs. 28,704|
|02 April 2020||Holiday|
|03 April 2020||Profit of Rs. 102,513|
Indian markets witnessed a massive selloff which pushed the benchmark indices below crucial support levels. The Nifty50 closed below 8500 levels. 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. 102,513 on 03 April 2020 highest of all other days in week.
Everybody who trade in stock market want to make money. The one having a right mentor is actually able to make profits even in bad market times. In our case, 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, 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 not s professional 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.