28 FEB 2022Profit of Rs. 737,235
01 MAR 2022Holiday
02 MAR 2022Profit of Rs. 1558,643
03 MAR 2022Profit of Rs. 50,748
04 MAR 2022Profit of Rs. 390,558

Bears dominated Dalal Street for the third consecutive session with the benchmark indices falling around 1.5 percent on March 4, following continuous acceleration in Ukraine-Russia war and rising oil prices. Selling was seen across sectors, barring IT, with Bank, Auto, Financial Services, FMCG and Metal being prominent losers. The BSE Sensex plunged 769 points to 54,334, while the Nifty50 declined 253 points to 16,245 and formed Spinning Top kind of pattern indicating indecisiveness among bulls and bears. During the week, the index fell 2.5 percent and formed bearish candle on the weekly scale. In this week as well, one of our traders made a profit of Rs. 1558,643 on 02 Mar, 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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