|June 01, 2020||Profit of Rs. 173,755|
|June 02, 2020||Profit of Rs. 91,642|
|June 03, 2020||Profit of Rs. 143,137|
|June 04, 2020||Profit of Rs. 84,138|
|June 05, 2020||Profit of Rs. 82,200|
The domestic market shrugged off the negative downgrade rating by Moody’s, as a robust rally of 5 percent was seen during the week in the index. Even though the market was volatile, our traders booked profits this week as well. One of our traders made a profit of Rs. 173,755 on June 01, 2020 highest of all other days in a week.
Whenever there is a volatility in the market, there is a strong chance of unpredicted market movements and stop-loss hitting. To tackle the high volatile market, one should work with proper strategy, otherwise, he will lose money on both sides. The one having the right mentor can 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.
If you are not a 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.