|13 April 2020||Profit of Rs. 21,503|
|14 April 2020||Holiday|
|15 April 2020||Profit of Rs. 57,057|
|16 April 2020||Profit of Rs. 35,804|
|17 April 2020||Profit of Rs. 192,951|
Banking stocks rallied sharply on April 17 with the Nifty Bank itself rising 6.6 percent after the Reserve Bank of India relaxed NPA classification norms and announced more liquidity measures to support NBFCs, HFCs, and MFIs. Axis Bank was the biggest gainer in the sector surging 13 percent followed by Bandhan Bank, Federal Bank, ICICI Bank, IDFC First Bank, and IndusInd Bank gaining 9-10 percent.
Even though the market was highly volatile, our traders booked profits this week as well. One of our traders made a profit of Rs. 192,951 on 17 April 2020 highest of all other days in a week.
Making a consistent profit should be the key parameter if you are trading or investment. No doubt, you can make a big profit one day but being in profit is a challenge. If you can make small profits consistently, it is even better than making a big profit. As the figure for a big profit is huge, there is a great chance of losing money and making big losses. This kind of trading can only be done under the guidance of professionals as in our case is Mr. Yogeshwar Vashishtha. All these profits are made under the guidance of Yogeshwar sir who trained many people and is trading for many years.
If you have learned stock market technical and fundamentals properly, then you should only work on making consistent profit. Don’t try to chase people who are making big profits. If you can make small profits, slowly and steadily, you can also be making such big profits one day. The key to success here is, never to allow yourself or prepare yourself for a big loss. Always work on reducing risk and making consistent profits.