Saturday, August 28, 2021

Why traders need to book profit?

On 27 July 2021, NEPSE index opened at 3030.51 and closed at 3079.67 with 29.24 (0.96%) points gain. NEPSE took 17 trading days dated from 27th July to 19 August, 2021 to gain 159.23 (5.19%) point. But it took only 3 trading days dated 19th August to 25th August to wipe all your profit that you earned from the last 17 days. Yes, we are in the bull run NEPSE is still expected to go further high but on the other side no one can predict Mr. market and things does not go always expected. So, make the habit of booking your profit. This strategy might not help to make enough out of this bull run but surely it will help you not to lose your profit that you have been making in this bull run and this strategy will surely be profitable to you when the market will be bearish. 







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