06 June 2022Profit of Rs. 28,809
07 June 2022Profit of Rs. 49,098
08 June 2022Profit of Rs. 90,327
09 June 2022Profit of Rs. ,99,949
10 June 2022Profit of Rs. 237,375

After a day of recovery, the Nifty50 fell quite sharply and dissipated hopes of a pullback attempt on June 10, following weakness in global counterparts after ECB interest rate guidance and ahead of US inflation data due later today.

The index has formed bearish candle on the daily as well as weekly charts, as the closing was lower than opening levels, indicating a clear nervousness at the street. The index lost 2.3 percent for the week. In this week, one of our traders made a profit of Rs. 237,375 on 10 June, 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 teaches 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 profit 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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