In this powerful episode of the Losses and Lessons podcast, we bring you the raw, unfiltered journey of Karuna — a retail trader who lost big in options trading and chose to speak out instead of staying silent.

Karuna’s story mirrors the hidden reality of thousands of Indian traders: chasing profits influenced by online “gurus,” taking risky trades, and eventually drowning in losses. From getting lured by get-rich-quick schemes to taking loans to recover trades and hiding his failures from family — this episode dives deep into the emotional and financial toll trading can take.

Karuna talks openly about how YouTube influencers misled his expectations, how trading became gambling, and how overconfidence and lack of guidance led him down a dark path. The highlight? A brutally honest PnL reveal that shatters the illusion of universal success online.

If you’ve ever lost money in the markets, felt alone in your failure, or questioned your strategies — this episode is for you. It’s not a guide to profits, but a reality check that every trader needs.

Watch Karuna’s story — and take away lessons that charts will never teach. Because real trading education starts with real stories.

In this powerful episode from the Losses and Lessons series, meet Vineet Wadhwa — a Delhi-based accountant and MBA in Finance, whose journey into trading began in 2007 with ambition and curiosity. But the 2008 crash changed everything. After a long break, he returned in 2017 with refined strategies and ₹8 lakh of his savings — only to watch half of it disappear by 2020.

What followed is every trader’s nightmare: revenge trading, emotional decisions, overleveraging, and the desperate chase to recover. Over time, Vineet lost nearly ₹70 lakh — savings, mutual funds, even borrowed money — in the pursuit of turning it all around.

In this raw and honest conversation, Vineet reveals how education alone couldn’t save him, how greed disguised as confidence became his downfall, and how even solid strategies collapsed under pressure.

His story is a warning, not a guide. A must-watch for anyone who’s traded impulsively, jumped strategies too often, or believed effort alone ensures success.

Because sometimes, the most expensive lessons in the market don’t come from losses — but from the refusal to accept them early.

Watch now. Learn from what he lost, so you don’t have to.

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In today’s episode, we bring you the raw and emotional story of Ram Singh Yadav, an Indian Army officer who entered the world of options trading in 2017 with hope and dreams of financial freedom.

But instead of gains, he faced staggering losses — a cumulative ₹62 lakh over the years. As the losses piled up, debt entered quietly but ruthlessly. Ram ended up taking 10 loans, with EMIs touching ₹70,000–₹75,000 monthly. His entire Army salary would vanish instantly — leaving him with no savings, no cash flow, only stress and mounting guilt.

In this deeply personal conversation, Ram opens up about the double life he led — donning the Army uniform by day, and watching his demat account bleed by night. He talks about the emotional toll, the sleepless nights, and the lonely battles fought in silence.

But this story isn’t just about loss. It’s about realization and rebuilding. Ram shares how he began to understand the importance of discipline, stop-losses, and protecting capital before chasing profits.

This episode is a reality check — especially for those drawn to trading thinking it’s a shortcut to wealth. It reveals the hidden, painful side of trading:
🔹 The danger of averaging down
🔹 The trap of switching brokers as false hope
🔹 The pressure of EMIs clouding judgment
🔹 And the harsh truth — hope is not a strategy.

If you’re a trader or have ever faced losses, this story will resonate — and possibly change how you trade.

Meet Ronak Shah! He started his options trading journey in 2015 with just ₹5,000-₹6,000 while pursuing his graduation.

As he explored the market, he realized the importance of learning and dedicated two years to mastering options trading through courses and self-study.

With a lifelong dream of earning an MBA, he pursued and completed his MBA in finance, which further boosted his confidence in trading.

After MBA, he faced a crucial choice—taking up a job or returning to his hometown to join his family business.

Determined to break free from the cycle of a 9-to-5 job, EMIs, and financial obligations that could limit his ability to take risks in trading, he chose the latter.

Back home, he started tutoring school students while also teaching stock market concepts, allowing him to transition into full-time options trading.

In this powerful and inspiring episode, we bring you the raw and real journey of Sanchit Saini, a young and determined options trader who defied all odds to carve his name in the world of stock trading.

Sanchit opens up about the intense struggles he faced early on—when even his own family and relatives doubted him. He shares how he was constantly discouraged, told that trading was nothing more than gambling, and even warned that his obsession with the markets might cost his family their home. The emotional burden, the isolation, and the pressure to “give up and get a real job” would have broken most people—but not Sanchit.

Instead, he chose to silence the noise and trust the process. He dived deep into the world of options trading, made mistakes, learned from them, and stayed consistent. Today, he’s not just financially independent, but also a living example of what grit and self-belief can achieve in a high-risk game like trading.

🚀 Whether you’re a beginner in trading, someone facing resistance from family, or just looking for a motivational push—this conversation is a must-watch.

👉 Tune in to hear:

• Sanchit’s early struggles and breakthrough moments

• How he handled criticism and negativity

• His biggest lessons in trading

• Advice for aspiring traders facing family pressure

Meet Pradeep, who openly shared his stock market journey, the mistakes, addiction to recovering losses, and the hard lessons learned along the way.

He talked about the dangerous cycle of loss recovery, where traders get trapped in a Chakravyuh that’s almost impossible to escape.

It's a common saying that one must learn from others mistake but in his case, even after aware of this, he ended up making his own mistakes.

But those mistakes later turned out to be fruitful too.

During the coversation, Pradeep exposed the harsh reality of fake advisories that only care about their business targets, not your profits.

He also revealed how Telegram groups lure beginner traders with enticing messages, leading them down a path of heavy losses.

He highlighted how business news channels and YouTube influencers mislead retail traders by promoting certain stocks.

Sharing his own experience, he recounted how he once followed a YouTube recommendation, only to exit at a 76% loss. Today, that stock is delisted and trades in the unlisted market at just ₹16.70.

Before COVID, these mistakes cost him a total of ₹7 lakh—but they also taught him invaluable lessons about the market. Watch his story to avoid falling into the same traps!

Meet Anmol! Like many beginners, he entered the stock market without any learning and made every possible mistake.

With no knowledge, he jumped into intraday trading, only to wipe out his capital and call trading a gamble.

Because when there's no strategy, no learning, and only blind risk-taking, trading becomes gambling.

His journey began when his cousin introduced him to the stock market. Excited by the idea of making money, he invested ₹27,000 purely on recommendations, dreaming of only profits.

But reality hit hard—he lost ₹20,000 in a single day.

Still he didn't focus on learning and determined to recover, he started trading based on guesses, but losses kept piling up. His experience is a lesson for every beginner, why learning is the most crucial part of trading.

In this group podcast, experienced traders come together to share valuable insights on building a strong trading psychology — one of the most underrated yet essential aspects of becoming a consistently profitable trader.

The discussion kicks off with the importance of discipline in day-to-day life, drawing a powerful link between personal consistency and market success. When you create rules but don’t follow them, your mind begins to accept inconsistency — which can lead to impulsive decisions, especially when facing losses.

Another trader shares how tracking performance and focusing on the “Why” behind every trade has helped him improve over time. He emphasizes that trading psychology is not static — much like updating a phone’s apps, traders must constantly evolve to stay ahead, no matter how strong their setups may be.

The group also recommends some impactful books that focus on trading psychology, backtesting strategies, and understanding the probability-driven nature of markets. Studying the historical performance of your setups helps reduce the fear of losses and build confidence.

The episode wraps up with a deep dive into meditation practices that help traders manage emotions, stay focused, and even overcome the early-stage addiction many new traders face.

Whether you're a beginner or a seasoned market participant, this podcast is packed with practical tips and mindset shifts to help you strengthen your psychological edge in trading.

Meet Puneet Jaidka – A Trader Who Faced Major Losses but Found His Path to Success!

In 2017, Puneet Jaidka lost ₹2 Lakh in a single trade and almost gave up on trading altogether. But after realizing he was involved in Dabba Trading, his journey took a surprising turn.

Puneet shares his story of how he was drawn into trading by a dealer offering options calls, only to experience a devastating loss.

This loss almost pushed him into depression, as he struggled with the emotional challenges of trading failures.

In 2018-19, Puneet started trading on his own, focusing on options trading, but his lack of experience and poor strategies led to continued losses, including ₹8 lakh in options trading.

However, his awareness and dedication to improving his skills eventually led him to develop a strategy that now helps him generate around 50% returns annually.

In this video, Puneet discusses:

- How Dabba Trading led to his major losses

-The emotional struggles traders face when things go wrong

-His turnaround story and the trading strategies that helped him recover

If you're struggling with trading or facing losses, this video is a must-watch!

Meet Praful Kulkarni, a seasoned option seller who stays realistic about his trading journey. He emphasizes that a trader’s psychology plays a crucial role in success, especially when faced with losses.

During the conversation, he highlighted that the capital required for option selling depends on individual goals and circumstances, whether you aim to trade full-time or part-time, have financial dependents, or anticipate major expenses.

Sharing his own experience, Praful revealed that he started option selling only after securing enough savings to cover his expenses for two years. He also had a solid backup plan that if trading didn’t work out within that period, he was prepared to pursue an MBA and other career opportunities.

He stressed why small capital isn’t ideal for option selling. Without a financial cushion, losses can easily impact a trader’s psychology, leading to a cycle of recovery and revenge trading.

His key takeaway? Never enter options trading without a Plan B. A well-thought-out backup plan can be the difference between success and emotional downfall in the market.