Chapter 9 of 14
This is the story of a trader who lost everything in the pursuit of financial freedom. It all began with the allure of options trading, promising quick wealth. An initial big profit fueled dreams, but soon, losses spiraled out of control. Desperate to recover, he took loans, borrowed from friends, and invested in courses, but nothing worked. Losses mounted, and debts skyrocketed to crore. Even after selling his flat, his final mistake was trusting a friend with his remaining funds—only to face another devastating blow. Crushed by financial ruin, guilt, and hopelessness, he reached the brink of suicide. When he finally confessed to his wife, they saw no way forward and decided to end their lives together. However, their darkest moment forced them to confront reality, leading to a chance at redemption. This is a story of loss, desperation, and the harsh lessons of financial risk.
After a week of turmoil, I returned to trading. Unable to take loans, I raised investments from friends at 4% returns, promising to share profits.
I restarted in mid-April, but debt pressure turned profits into losses. Desperation led to overtrading, making things worse.
Hoping for a turnaround, I took more investments, but by November 2024, I had lost over ₹60 lakh. My total debt had now reached ₹1.7 crore.
