24 Jan 2022Profit of Rs. 124,280
25 Jan 2022Profit of Rs. 136,793
26 Jan 2022Holiday
27 Jan 2022Profit of Rs. 326,088
28 Jan 2022Profit of Rs. 51,693

The market failed to sustain bounce back started from the beginning of the day and lost more than 270 points from day’s high on the Nifty50 in last couple of hours of trade to close with moderate loss on January 28, the first day of February series. Heavy consistent FII selling, caution ahead of Union Budget and weak global cues weighed on the sentiment.

In this week as well, one of our traders made a profit of Rs. 326,088 on 27 Jan, 2022, 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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