---
title: 'He Lost ₹10 Lakh in Just One Day'
source: 'https://youtube.com/watch?v=ILw_HCAHrA0'
video_id: 'ILw_HCAHrA0'
date: 2026-07-31
duration_sec: 61
---

# He Lost ₹10 Lakh in Just One Day

> Source: [He Lost ₹10 Lakh in Just One Day](https://youtube.com/watch?v=ILw_HCAHrA0)

## Summary

In this short interview, a trader recounts losing Rs 10 lakh in a single day during the 2024 Indian election results announcement. He reveals that half the capital was his own savings and half was borrowed, and he shares three hard-learned lessons for new traders: never risk your entire capital, news-based trading is unreliable, and don't quit your job for trading.

### Key Points

- **The one-day loss** [00:02] — The trader lost a total of Rs 10 lakh in a single day, which was the day the 2024 election results were announced.
- **Mixed funding of trades** [00:19] — The trading capital consisted of 50% personal savings and 50% borrowed money (loan).
- **First lesson: avoid overexposure** [00:34] — New traders should never invest their entire capital into a single trade, especially when trading is their only source of income.
- **Second and third lessons** [00:49] — News-based trading is not 100% reliable, and one should not leave their job solely for the sake of trading.

## Transcript

lost a total of Rs 10 lakh in trading. ? Just one day a year at a time. Which day was that and what happened? The day our elections were held in 2024, the
day the results were to be announced, I got my complete amount on that day. Was the money your own or did you take a loan?   There were some savings.  50% was mine and 50% cloned. If someone new is coming into trading,
what can they learn from your mistakes?   He can learn that never invest the entire capital in a single trade. Especially when that is your only source of income. Especially when that is your only source of income. And the second thing is news based
trading is not like 100% trading.  And the third thing is that one should not leave the job for the third thing is that one should not leave the job for the sake of trading.