BEST TRADES OF THE WEEK (30 AUG 2021 – 03 SEP 2021)

30 Aug 2021Profit of Rs. 150,873
31 Aug 2021Profit of Rs. 70,756
01 Sep 2021Profit of Rs. 329,945
02 Sep 2021Profit of Rs. 64,177
03 Sep 2021Profit of Rs. 84,372

The market rallied further in the week gone by to cross yet another milestone backed by FII inflow and further easing of Covid restrictions. Auto, metals, IT stocks and index heavyweight Reliance Industries pushed the Sensex to surpass the 58,000-mark and the Nifty 17,300 levels.

On September 3, the Sensex climbed 277.41 points to 58,129.95, while the Nifty50 jumped 89.40 points to 17,323.60 and formed a bullish candle on the daily charts. The index gained more than 3.5 percent during the week and made a bullish candle on the weekly scale.

In this week as well, one of our traders made a profit of Rs. 329,945  on 01 Sep 2021, the 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 the stock market which is

“Always work on reducing your risk and never allow yourself to take a big loss.”

If you want to stay in the stock market game, then you should work on making a consistent profit and reducing your risk. Risk management is the key to success here. I believe, people who don’t follow proper risk management, always find themselves in the struggle. No doubt, you would have made a big profit some days. But the real challenge is to maintain that kind of profits everyday day. If you are making Rs. One lack in a day and losing the same on other days. You are not working as a professional trader. I can assume this sort of profit-making is through gambling.

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 loss can be turned into a small profit and with consistency, into a big profit.

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