13 Dec 2021Profit of Rs. 141,513
14 Dec 2021Profit of Rs. 117,014
15 Dec 2021Profit of Rs. 32,386
16 Dec 2021Profit of Rs. 56,049
17 Dec 2021Profit of Rs. 57,227

The market fell sharply to hit nearly two-week low on December 17, as weak global cues amid hawkish stance of major global central banks & rising Omicron cases, along with surprise rate hike by Bank of England dented market sentiment.

The BSE Sensex plunged 889.40 points or 1.54 percent to close at 57,012, while the Nifty50 has breached the crucial 17,000 mark, falling 263 points or 1.53 percent to 16,985.20 and formed a large bearish candle on the daily charts. The index lost 3 percent during the week and saw bearish candle formation on the weekly scale. In this week as well, one of our traders made a profit of Rs. 141,513 on 13 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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