BEST TRADES OF THE WEEK (06 DEC 2021-10 DEC  2021)

06 Dec 2021Profit of Rs. 31,428
07 Dec 2021Profit of Rs. 88,012
08 Dec 2021Profit of Rs. 235,384
09 Dec 2021Profit of Rs. 65750
10 Dec 2021Profit of Rs. 58478

The market snapped three-day winning streak and closed the volatile session on a flat note with negative bias on December 10. But the broader markets outperformed benchmark indices as the Nifty Midcap 100 and Smallcap 100 indices gained 0.8 percent each.

The BSE Sensex was down 20.46 points at 58,786.67, while the Nifty50 fell 5.50 points to 17,511.30 and formed bullish candle on the daily charts as the closing was higher than opening levels. The index gained 1.83 percent during the week and saw bullish candle formation on the weekly scale. In this week as well, one of our traders made a profit of Rs. 886,950 on 03 Dec 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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