|November 27, 2020||Profit of Rs. 81,791|
|December 01, 2020||Profit of Rs. 39,788|
|December 02, 2020||Profit of Rs. 70,653|
|December 03, 2020||Profit of Rs. 59,068|
|December 04, 2020||Profit of Rs. 146,566|
December 4 will go down in history as a remarkable day as the market barometer Sensex breached the 45,000-mark for the first time. The Nifty50 formed a bullish candle on the daily as well as weekly charts, as closing was higher than opening levels. It gained 2.2 percent for the week. In this week as well, one of our traders made a profit of Rs. 146,566 on December 04, 2020 highest of all other days in a week.
Making a consistent profit should be the ideal approach rather than looking at the percentage of profits. Yogeshwar sir always teach one important rule of stock market which is
“Always work on reducing your risk and never allow yourself to take a big loss.”
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.