|14 FEB 2022||Profit of Rs. 116,612|
|15 FEB 2022||Profit of Rs. 112,048|
|16 FEB 2022||Profit of Rs. 117,180|
|17 FEB 2022||Profit of Rs. 132,598|
|18 FEB 2022||Profit of Rs. 25,924|
The market remained directionless for the third consecutive session and finally settled with marginal losses on February 18 on the back of weak global cues amid Ukraine-Russia tensions. Auto, IT, pharma, select FMCG and metals stocks dragged the market down.
On Friday, the BSE Sensex fell 59 points to 57,833, while the Nifty50 declined 28.30 points to 17,276 and formed bullish candle which resembles Spinning Top kind of pattern formation on the daily charts, continuing to struggle around its 20-day SMA (17,353) for the third session in a row. In this week as well, one of our traders made a profit of Rs. 132,598 on 17 Feb, 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.
For any query, call 9022330008, email to firstname.lastname@example.org
or visit http://www.pathfinderstrainings.in