BEST TRADES OF THE WEEK (13 SEP 2021 – 17 SEP 2021)

13 Sep 2021Profit of Rs. 30,882
14 Sep 2021Profit of Rs. 18,68,775
15 Sep 2021Profit of Rs. 504,400
16 Sep 2021Profit of Rs. 132,669
17 Sep 2021Profit of Rs. 245,476

The market continued to hit fresh record highs but the selling pressure and profit booking in the afternoon pulled the benchmark indices lower on September 17. Metals, Pharma, PSU Bank, and select FMCG and IT stocks weighed down the market.

The BSE Sensex corrected 125.27 points to close at 59,015.89, while the Nifty50 fell 44.30 points to 17,585.20 and formed a bearish candle on the daily charts. In this week as well, one of our traders made a profit of Rs. 18,68,775  on 14 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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