BEST TRADES OF THE WEEK (15 NOV 2021-19 NOV  2021)

15 Nov 2021Profit of Rs. 25,629
16 Nov 2021Profit of Rs. 195,522
17 Nov 2021Profit of Rs. 128,607
18 Nov 2021Profit of Rs. 65,422
19 Nov 2021Holiday

The market nosedived further with the BSE Sensex falling way below the 60,000 mark, dragged by selling in all sectors with Auto, IT, Metal and Pharma being the prominent losers on November 18.

The BSE Sensex plunged 433.05 points to close at 59,575.28, while the Nifty50 fell 133.90 points to 17,764.80 and formed a bearish candle on the daily charts, continuing the downtrend for the third consecutive session. The index also saw bearish candle formation on the weekly charts as it was down 1.87 percent during the week.In this week as well, one of our traders made a profit of Rs. 195,522 on 16 Nov 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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