Missed ₹50 Lakh Profit in One Day
55sThe pain of missing a 10x profit by exiting too early is a relatable trading tragedy that triggers strong emotional reaction.
▶ Play Clip"Title accurately describes Anurag's ₹18 lakh loan and his trading losses—this episode delivers a raw, honest confession."
In this episode of Bazaar Ke Haare, Anurag shares how he lost ₹15–20 lakhs across penny stocks, options, commodities, and illegal dabba trading despite knowing the risks. His story highlights how greed, overconfidence, and a fast-money mindset can override knowledge and discipline.
Anurag started freelancing at 19 and saved ₹20–25 lakh quickly, making him feel that everything he touched would turn into gold. This overconfidence laid the foundation for his trading losses.
Invested ₹100 in his first share, then saw penny stocks with 20% daily upper circuits and decided to invest more heavily, thinking it was easy money.
Followed YouTube videos promoting penny stocks, bought one at ₹100, and it fell like a falling knife. He kept averaging down and lost about ₹60,000 of his ₹80,000 capital.
After a break, Anurag saw his uncle's portfolio gains of 600%+ and decided to start trading again, ignoring the fact that his uncle was hiding massive losses.
His uncle told him not to invest more than ₹500 in Adani after a bribery case. Anurag invested ₹5 lakh anyway; the stock rose 13% the next day, making him believe he was a genius.
Anurag bought a Nifty call option without knowing what delta or expiry meant. The option went to zero on expiry, and he lost his entire premium.
Joined a Telegram group that claimed to be SEBI registered, paper-traded their tips for a while, and then deployed ₹5 lakh in real money after seeing some hits.
For a period, Anurag earned ₹50,000 per day using stock tips, but he never used stop losses, which eventually led to huge losses when a trade went against him.
Bought a Wipro call option at ₹27, watched it fall to ₹4, averaged down to 78,000 shares at ₹75 average, and finally sold at a ₹3 lakh loss. The next Monday, the stock gapped up 20% to ₹65—a missed ₹50 lakh profit.
Placed ₹3 lakh in put options while high, the market gapped down 5% and his profit reached ₹5.67 lakh. But he didn't exit and missed a potential ₹90 lakh gain when the market reversed at 12:20.
After losses in indices, Anurag turned to commodities like gold, crude oil, and natural gas, losing money in each due to lack of liquidity and poor timing.
Started dabba trading (illegal off-exchange trading) with relatives, attracted by no margin requirements. Despite knowing it was illegal, he continued and eventually lost about ₹15 lakh.
On February 26, 2025, silver fell 29% in a day. Anurag bought 2 kg at ₹42,000–was caught in the crash, lost over ₹6.5 lakh in a single trade, and later borrowed money to square off.
After burning his own savings, Anurag took an ₹18 lakh HDFC credit line in his name to fund his cousin's MBBS, adding financial and emotional pressure.
Anurag concluded that the market only rewards disciplined study and risk management. For him, hope trading and lucky guesses led to a loop of losses, revenge trading, and frustration.
Anurag's story is a stark reminder that knowledge without discipline is powerless. His repeated losses across multiple asset classes show how greed, overconfidence, and a quick-money mindset can destroy capital and even lead to borrowing for education.
What was Anurag's first experience with penny stocks?
He invested around ₹80,000 in a penny stock recommended on YouTube; it kept falling and he lost most of it.
05:46
How much did Anurag invest in Adani against his uncle's advice?
₹5 lakh.
13:11
Why did Anurag ignore stop losses?
He felt he couldn't take any loss, so he didn't apply stop losses, hoping the position would recover.
22:29
What happened with the Wipro call option?
He bought a call option, price fell from ₹27 to ₹4, he averaged down to 78,000 quantities, and eventually sold at a loss of around ₹3 lakh before the stock gapped up 20% the next Monday.
22:15
How much profit did Anurag miss on the election-day put trade?
₹90 lakh if he had held; he booked around ₹5.67 lakh profit.
34:18
What is dabba trading?
Illegal trading outside regulated exchanges where no margin is required, but only losses are paid; there is no legal protection.
44:43
How much did Anurag lose in a single silver trade?
Over ₹6.5 lakh.
01:00:30
How did Anurag fund his cousin's MBBS?
He took an ₹18 lakh loan (HDFC credit line) in his name after burning his own savings.
01:04:25
What was Anurag's core reason for his losses?
Greed, overconfidence, unrealistic expectations, and hope trading without discipline or risk management.
01:08:55
What advice does the host give about averaging down?
Never average down blindly on losing positions; when the market proves you wrong, cut the loss instead of adding more capital.
01:07:10
Unrealistic expectations drive losses
Anurag admits that thinking he could double money in two days was beyond reality, showing how expectations distort judgment.
01:08:55Ignoring stop losses magnifies losses
His refusal to accept small losses turned a routine blip into a ₹3 lakh hit and a missed ₹50 lakh opportunity.
22:29Illegal dabba trading has no safety net
Trading outside SEBI regulators left him with zero recourse if the broker disappeared.
44:43Borrowing for aggressive trading is dangerous
He took an ₹18 lakh loan to cover losses and fund his cousin's education, demonstrating the far-reaching financial consequences.
01:03:29Knowledge without discipline is useless
He knew every trade was risky yet repeated the same mistakes, proving that awareness alone doesn't prevent losses.
01:06:00[00:02] I was high I had consummated. So at that time I felt like everything I touched That thing will turn into gold. So that's $3 90 Lax of Lax Exactly. that day look I was thinking I was the unluckiest person in the world.
[00:15] I was thinking I was the unluckiest person in the world. I am a person. $500 on Adani company There was a case of bribery worth one million rupees. So that My uncle told me that he was going to leave. So he can take this share. don't pay too much money Apply it. Still I did not listen to him.
[00:27] I invested ₹5 lakh in it. They Told me that the expiry is carte position It's going to be zero. I saw that man This has really become zero. Introduction happened. I knew at that time that there was a share
[00:40] Of the company. You will buy it. If it grows Then you will make profit. If it decreases then you will lose will be. I then invested in some penny stocks Put the money. From the day I said goodbye Not that stock started to fall like a Falling Life. So I sent a telegram again.
[00:53] Joined the group. So there you have it. Was being. I knew at that time that this Still you were trying your luck in it. Why was this happening? You can also call him greedy and a little stubborn. Meaning, you would have judged beforehand that this friend
[01:06] Now I don't know if SEBI will catch me or not. Will catch it. I started trading in a box. Trading is illegal in India. 100% I continued trading continuously for 6 months. My monthly loss was going to be 70-80
[01:19] Consistently. Tau is also of colour. that lap Went to do MBBS. I him I will do trading but I made money Burned nearly 15 lats. Does the market show dreams of making money? or is it an illusion that money
[01:32] or is it an illusion that money It can be made in the market.
[01:44] That he is from Derry. Anurag completed his 12th Later I started freelancing and within a short time Accumulated savings of Rs 20 to 25 lakh. All Something was going right. But then Fast Money Anurag started trading due to this. Did it. When you make good money at a young age
[01:57] So Anurag thought wherever I would put my hands There will definitely be money to be made there. First Penny Stocks then options trading then Telegram Tips. And when all this didn't seem enough Anurag started Dabba Trading. Gave. Where there are no rules,
[02:10] No protection. Sometimes there was profit, sometimes loss Happened. But the problem started when they It seemed that he understood the market. One Almost everything was reduced to zero in trade. Then he missed the profit of Rs 50 lakh in the next trade. Did it. 90 lakhs a few days later.
[02:23] Missed the profit and then revenge Trading, overconfidence and then sure It will happen mindset. Anurag was taken away 15 Up to a total loss of lakhs. This story is just for loss It is not. This is the story of such a man. He knew everything and yet he could not control himself.
[02:38] Couldn't do it. Anurag is the loser of the market today. I will tell you how even after having knowledge Humans make mistakes. How to Be Overconfident The biggest risk is and how the market Man loses more to himself than to others. If You want the real side of trading.
[02:52] If you can bring this video to everyone's attention, please do so. Like, share, comment and Watch more episodes of this series and Learn from their mistake. And if you also have Is there such a real story of loss and greeting? Or if recovery is done then description box and
[03:06] will get. You should definitely fill it. Share your story with us. Our team will call you back and the market Your chance to be featured in the Lose will get. Perhaps your story will tell someone else's. May life be saved.
[03:26] Your Anurag, tell me a little about him. Absolutely. So when I was 19 years old I used to watch this on TV. NFT 50 Sussex Over Zee Business Channel I was looking to see what was inside it.
[03:40] Explains that this is a stock pick in this If there is profit or loss then I will see I wondered what Nifty 50 was. It was 202 when I passed my 12th class And I had no plans to change my mind where do means what am I going to do
[03:56] We So then I started freelancing. In freelancing, I started I basically learned graphic designing a lot. Journey quite similar Yes, I saw your journey, so there was one in it
[04:09] Shop's For such but US clients We Now at that time I did not know that FAO was doing something We I knew at that time that there was a share
[04:24] You will buy it and if it increases then you will If the profit decreases then you will incur a loss. So at that time when I started, my I remember the first share I made. Good. And I had invested ₹100 in it, sir, just by cheque.
[04:38] We I saw that 5% I made nothing I saw it, friend, this is nothing. And I remember from the beginning I used I have been. So it had a feature at that time that
[04:51] It shows top gainers like this Shows the section. So at that time it appeared in There were some stocks which were worth ₹2 in it Daily upper circuit was looking 20% yes penny have been 2020%
[05:05] So one day I thought of math I started saying okay, let's go. We I think it was worth ₹1 lakh But I thought let's deploy 60-7000 I will give my capital and according to this I
[05:18] We I then invested in some penny stocks. Started from 10,000 Because it was the first time there was a draw. We Then I made some money on them. Because daily circuits were being applied on it.
[05:31] Were. Then, while doing this, I bought two or three stocks. I Think 15 2000. Then after that I gave it to me again I used to check the best top on YouTube Five Penny Stocks to Buy. We
[05:46] So what would have happened in that was that brother you video If you are looking for any meaningful creator then that Pay AIDS And they come to AIDS, what does it mean? There are advertisements that BSC code This is its CMP, this is its target, and what else?
[06:02] They show a lot of fake news, meaning Mostly how big an order did it get? I can name the You absolutely take it, you absolutely take it We Yes, at that time it was being sold for ₹100.
[06:15] I saw that and I said goodbye From the day I said goodbye That Stock Started to Fall Like a Falling knife is falling down So at that time I saw that By the Dips
[06:29] It was not that anyone had by the dips for something but I looked okay So I kept buying and buying inside it. And its daily seemed to be hitting lower circuits. We and I mean I thought okay a
[06:42] We I will keep buying it the day it starts increasing. After that I will make profit again. We That stock never went up. It kept falling. And I remember that I had mine inside her Invested capital of Rs 80,000 and invested Rs 80,000
[06:56] I think probably my 800 in that 80,000 of mine and 60,000 of mine in that loss At that time I had to take my laptop also. We So I thought that this thing is useless. let's leave
[07:11] We give. So that was my first test of trading. You mentioned on YouTube that you search It's about penny stock Yes So this scam is not new. Scam Pay
[07:26] I once made a video of my old It's the same thing on the channel, what people do. that you absolutely because of a lot of stocks The names are similar. So you don't get stuck there If you buy stocks, they will give you that code first. You know that this is the BSE code and as you
[07:39] I am going to get this much order from the government. These The company is available at a very cheap price right now. Has been. It is available at the price of coal. These It is going to be a diamond. and use it like this I will make a tone that you will feel, friend, if I If I don't do it now, who knows, I might get a chance.
[07:53] It runs in the same circuits. If an upper circuit occurs, do not say bye You will be able to do it. So you're influenced by watching YouTube videos. They used to be there or did you think so after seeing that ad? That friend, this is the ad I am seeing at that time
[08:08] It felt like I was watching an ad or something. At that time you believed what you saw. Well, I knew very well that I would see the ad. I have been. and this could be a Fraud Company But greed had come. The test was taken by Penny
[08:22] It seemed that something might go wrong. I knew it, but I saw it, let's see it and We It cost money. Yes. So after how much time of freelancing
[08:36] When it was launched in the market, there was little There will be a lot of savings I assume. Yes, yes. So how much time had passed? Well, in March 202 I earned Had started. And I Remember the First Stock I Buy To Told You Dhan Bank
[08:49] Yes after 5-6 months Then you were doing your work side by side Yes, I was working and investing. I had savings of around Rs 1 lakh. and it began Okay, and the broker you mentioned is
[09:05] There was a feature where you could find penny stocks. Top gainers looked like losers You can say that somewhere out there I felt a little excited because I saw you every day. that this 20% because for penny stocks Moving 20% is not a big deal.
[09:18] So you must be thinking that if ₹100 If you deposit, it will become ₹20. If you deposit, 000 200 will be made. So somewhere from that you There was an impact. I mean, I thought, man, let's go for it. Let's invest. Well yes because when I buy this stock
[09:31] Had been. Call it a blue chip stock. Then you Call it mid-cap stocks. You became Dhanalakshmi. We It seems like this is a lot, friend. What can we do? Hmm We are young, we can take risks. so why not
[09:45] Go All In So I was looking to see the top gainer in it. The list shows the top 20% gainers. My God and that 20% just to give a No, now I used to watch it weekly. The chart, then the staircase pattern in it
[09:58] It appeared that its starting price was ₹10 was then 12 then 12 became 16 missed the gain I saw that it would continue to grow, what else could I take? I saw that it would continue to grow, what else could I take? If we take it then in the beginning it is mine
[10:13] I saw it on the broker, I It looks good to me in that put it on Meaning, if the broker does not have those features then might have survived May be you can say that well in that time
[10:25] It was as if you assumed Or you would have reached somewhere by thinking Why should I research stocks? Let me read his balance sheet etc. At the time when I came to stock in the beginning I remember and I still
[10:39] I hope you know him. So I used to watch his videos. He told That trading is useless. them basically All the principals were fresh about what not to We And I abolished all of them. I saw their
[10:52] We And then I saw, why do I need to research? Is required. Why do you need to see this? Is? Why not invest in penny stocks? We give. Bus Meaning I knew everything but after knowing it
[11:05] He also made that mistake. I knew it was an ad. These There is an ad for penny stocks. You can get stuck here. Invested money in it. I knew all this stuff I don't want to do it. in penny stocks and so on Have to invest, have to do research. Some? Didn't do research, just invested money.
[11:18] So, somewhere we can say that in a way So on the basis of luck you thought that let's be lucky One you use a word hope trading. Absolutely that meaning fits this Ok. Ok. what happened after that? Anurag after penny stocks this is your Arnab
[11:33] You lost in fashion. After that, the journey How did it proceed? After that after that I think How did it proceed? After that after that I think I remember that I had my broker app We I was not able to work for a week. Work
[11:48] Good Productivity had fallen drastically. And then the work carried on. meaning to oneself I pushed it and said okay, let's do it, so all this happens. I think it worked for a year. Hmm
[12:01] Went. Good. A then after that sorry 2020 Good. A then after that sorry 2020 I did this in April, in May 2022. We Then after Diwali 2023, in November
[12:18] We She started seeing videos on Instagram again. That motivational music is playing in the background. No one is showing their rented lumber We And funny enough that time my uncle is
[12:31] Was. He created the portfolio Covid Crush And I was massively impressed with her Portfolio. We I can't tell you the numbers, but his gain was
[12:44] Some were 600% and some were seven-figure amounts. So I saw him in trading also. Should I take advice? We I mean, I am not intelligent. mature
[12:58] Then again the same insects woke up and said, let's go Okay, let's start investing. Started investing. I remember. So then the first time I invested So then the first time I invested I did it so I remember that it was December 2023.
[13:11] Inside November He is on Adani Group, an Adani company. A case was filed. So my uncle told me that he was going to leave. Is. So he can take this share. more money Don't apply it.
[13:23] I said okay. At that time I had no I have saved Rs 2025 lakh. Ok So Ok. That means you took a break of one and a half years. Had taken.
[13:36] The work seemed complete. Then he told that this allegations were being made. Can and after this Adani stock He will definitely run away. And I am talking about Adani The stock had crashed 80% at that time, Adani ports, adani or vmar all stocks
[13:51] He said don't bet more than Rs 500. Apply it. The capital that you have is the money That means 510% I invested ₹100,000 in it [laughs] Up 13% the next day Wow, how much is 13% of 5 lakhs?
[14:06] Whatever loss happened the first time, it was all recovered. I lost one more in one stroke, that's what I So I saw it, man, this is right. Next time I will listen to them We Who knows if the stock is going to rise tomorrow?
[14:19] We So he gave me one or two such stocks which were make money We Then I saw that okay, I did so many I think I made money
[14:32] Made a profit of lakhs We Good So I noticed that if I trade My uncle was also trading at that time but He was in loss, he didn't tell me.
[14:45] So I saw that if I Uncle used to tell only what he could earn. It is happening in. He had also told about the loss It happens but he did not tell about his loss. How much did they lose? If I had known about that loss
[14:57] Meaning he had a massive loss. Fat loss was absolutely The loss in trading was huge. Yes, his trading losses were huge. He did not tell where there is red. So then I saw that the money I had
[15:11] This is kind of free money. Why not invest in trading? We So I took some advice from my uncle. I am fine, tell me what to say. Should I buy call and put at that time?
[15:23] The basic thing I knew about options was Well, the call is made when the market rises. So he told me it was okay. By doing this, trade the index at that time. Was inside Nifty and Bank Nifty So that was it, I made a little profit
[15:37] One day he told me that this is your Exit the position, it is going to be zero. I said it's going to be zero, what's that? If it becomes zero then he said expiry Good I said expiry well so I said
[15:49] It will not be zero, he said cut it. Position we Trading with me, I gave you Rs. 2 lakh I had made a profit from the delivery but I had invested only ₹00 for the first index. Inside Nifty Call Option
[16:02] So that was the expiry day at that time. And the call option I had given was Maybe ₹2 I didn't know at that time, I didn't know at that time I didn't know what a delta was out of the Money knew nothing
[16:16] is about to run away And a lot of money will be made. I thought of ₹2, which is 5, 10, 15, 20. I thought I thought 25 of that How much does Time Nifty cost I think? Was? The lot of 50 quantities was something like this.
[16:29] It was something like this, I mean I read 500, I don't know how many. The quantity I got was 20, 24,000 saris. We And I took that position in the afternoon. At that time all the premiums had fallen. And then I set the alarm and woke up. I
[16:42] On the pretext of. Then I woke up and saw what this was? My Then I woke up and saw what this was? My The position has been cut at 0.05 paise. 99.99% We So he said yes, this is within the option
[16:57] We In good options, the money can be zero. But Didn't see. Meaning yes, it happened in penny stocks. That was my butt which means mid cap company then We So he said yes, okay. he said
[17:13] That yes it becomes zero. Still I I did not listen to him. Then I quietly What did I do? I knew at that time That all this tipping and wiping is fraud. How do you mean as much as I talk to you right now? I am finding we
[17:27] What happens in it so that people know Doesn't last. So people keep getting trapped in that trap. You are the first person right now where you It is wrong. Or this cannot be correct.
[17:40] So it cannot be correct. Still you were entering it again and again. Then Why was this happening? Greed What are you insisting on? The insistence on this thing that it means that when there was a time when
[17:57] What do I say, I saw your growth When I started earning money in my career, at that time I felt like everything I touched That thing will turn into gold. So I thought why not look into it? His initial losses under carrying trades
[18:09] Should I go? Okay [laughs] okay, just like that thought comes to mind. The growth you saw in me, you felt that Whatever I do may be the same Growth can be seen.
[18:22] Ok. So in your option the first 500 went What happened after that? After that the real story begins. We After that the story starts which is why
[18:35] Today I have come here. Well after that it was like I said yes I will tell I was telling you about tipping. I Then this search started that brother SEBI Registered us Any tip groups on Telegram we
[18:47] So I see I knew that tip and all It's a fraud, but I saw that it's okay. SEBI will be registered So, at least he must have some knowledge. Something must have been read Meaning there is registration, there is certificate, then something
[19:00] Yes, if he qualifies then I will do another one If you join the Telegram group, then inside it In the beginning he had the option I started giving trades and he used to tell me That trade lo aap ko FG mein wipro ke There are options inside the stock as well.
[19:15] I didn't know at that time, then one day I I asked uncle, uncle, inside the stock also I don't know, I said I don't know He said, yes it happens, he said, why did I I said I was just asking Then when I joined that group
[19:29] Those tips were coming there, so I What did you do intentionally, there is an account. It is called demo account or it is called Paper trade accounts speak of me So I opened a paper trade account. To find out its accuracy.
[19:43] Had done. And we won't even believe that what Many of the trades he used to give were such trades It meant something that within just one day he Triple slippers were happening. I saw it, friend If I use these real funds
[20:00] Then Confidence will come somewhere. Yes, I gained confidence. At that time I had a I didn't notice anything when he gave tips. We That SL was also hit and the target was also hit.
[20:15] I wasn't paying attention at that time But then I started to realize it later. We But today this stop loss was also hit, I We I saw this, man, okay, one
[20:28] These market moves often cause the market to They deliberately make it fall so that the stop loss is hit. Let the hunting be done and then we would get the target later. I'm fine with scaring people like this Is. Then what do I say? Gro's Capital worth ₹5 lakh was deployed inside.
[20:41] Capital worth ₹5 lakh was deployed inside. Then many stock tips came from there. Daily inside that I am exactly in the option up to five days I remember I was earning ₹50,000 per day. This is what Nifty 50 companies mean.
[20:54] Sometimes someone's put option came, ICC Bank's This way She was working well and earning money. Yes, yes, yes, and at that time I knew. It was that there were many such calls of his which Inside SL has been hit but I traded
[21:07] But after that his target gets hit. Was We And you basically did not use stop loss. If you hit the stop loss then stop loss I did not apply it and after that recovery happened.
[21:20] I used to enjoy that time, it's the same again I used to enjoy myself and it became a bad habit. Okay, one thing I'm just going to cut here. Then we will move forward We have this SEBI registered version of Telegram. I had taken subscription of Tips Wala. his
[21:34] People? Its cost was quite expensive. It had She was a month old, I think, 59, and Then take that 12 months, I think it It costs ₹3000. Something like this. So did you take it for one month or one year?
[21:48] You paid ₹6000 for 1 month as call tips. For this SEBI restated R. And he used to give trades. Never stop loss The target was hit. Next [laughter] Well one day
[22:02] We Wipro Call with strike price of 26,255 We A tip comes that this is its target.
[22:15] We And the SL given was 26 Its SL was probably somewhere below ₹3 So I jumped on that stock. In the beginning, I invested only ₹1. I put in a lakh, meaning it was worth ₹1 lakh.
[22:29] Purse of Quantity So stop loss is hit as soon as it is taken. big Me I will not place a stop loss. I will not follow stop loss. in the mind That we cannot take the loss. I cannot take any loss.
[22:43] I cannot take any loss. And I don't know what happened at that time. yes his Result season. Of IT companies. Tech Mahindra Result Infosys result was out And the results were fine
[22:56] And the day the results came, the stocks would rise. were 8 8 10% We So when that stock tip call came, it was It came on 7th and its result was to be declared. was it on the 14th or the 15th
[23:11] I bought that day and set my stop loss I got hit, I didn't exit. The next day it fell again, I bought it again. In doing so, he bought it from ₹27 to ₹30. After buying it from there, it came down to ₹4. And I was buying at 20 15 14 12
[23:29] And I was buying at 20 15 14 12 I remember I had 78,000 My God And my average price was there. And its current market price was 4.5 Something like this
[23:44] We What quantity did you say? 74,000 78,000 and what was your average? 7.5 You can assume this is roughly. 7.5 Roughly 5 Lakh ₹5.5 Lakh is your investment Were.
[23:57] The price was ₹4.5. Yes, yes Sometimes. Haven't taken it till today. And whatever your history was till now Getting Started in Penny Stocks
[24:09] Then I only looked at the profit. So your experience It was good to be in the market that money from the market And because of that confidence, this money you put it Confidence or overconfidence You can also call it overconfidence.
[24:23] We I know it's going to happen this time too and this Ok It just so happened So what happened after that Anurag? Yes, after that I was waiting for that
[24:37] I was waiting for the results to come. So we Remember that means about five-six days have passed. And every day I was getting up and not feeling like it Every day that call option was in Delhi was falling by 10-10%
[24:49] We Okay, the day the results were supposed to come. I think the result came on Monday. And what do you say on Friday?
[25:01] Friday was the day I took the position Cut it because it increased its price by ₹4 It had become something around ₹ Now what were we talking about here? I told my uncle that I am uncle Bought 78,000 quantity. so much mine
[25:16] We He said sell on rise tax. I'm fine. Then I gave them all I told him that I have got this tip. This result season etc. from such So he told me to get out. first thing
[25:29] So such a big position is not being handled then There is no point. or one of your Remove at least 90 or 80% quantity Give. At that time it was either I was 100% I will give
[25:42] It was this So then it was Friday and I was suddenly scared. I sat down and I remember that one time For that call option, the price was ₹4 We Now that means I am not joking, literally.
[25:56] When I saw the market was open, it The price of the screen had come down from ₹40 to ₹2. Ok There was a lot of fun outside in the balcony. But I could see everything blacked out. I could only see that red color. Address
[26:11] There was a loss of more than Rs. There will be a loss of Rs 3 lakh. 1.5 lakh are left. I have taken a screenshot as well. Bye The Way to Scare. Will give. Yes. So then I was looking at
[26:26] Loss of Rs 3 lakh and I can't see anything. I just see that screen. Uncle, I have had such a story. that I What should I do? He said go away as much as possible It may happen soon. Then on the same day he sold Rs. 2 I think the price came down to around ₹6.
[26:38] I think the price came down to around ₹6. I mean I invested around ₹1.5 lakh in it. Had gone. And the biggest regret was when that Monday That Wipro Stock Opened 20% higher.
[26:51] its price It had reached ₹65. My God. I banged my head so hard against the wall that day What have I done, friend? You have approximately 5 lakhs and you in it because he first put you in it
[27:05] So a loss of Rs 3 lakh was shown. So you thought I saw a loss of 3 lakhs Now as you were seeing that loss of 1, you Took it and left. A loss of 170 lakhs, yet you felt it was less. Because I have seen a big loss.
[27:18] Exactly But you open 20% gap up the next day and 6570 means there could have been a profit of Rs 50 lakh. Yes almost 10x means it had become 9x Straight gap up was open So there was nothing to do, just sit and
[27:33] I had to hit the exit straight away that day. I cried so much I broke my head How did you feel, what was your feeling at that time? That day I felt like the best person in the world. That day I felt like the best person in the world. I am the unluckiest person on this planet Earth
[27:46] I was blaming God We I was blaming my uncle You are asking the same thing, I got angry at uncle I definitely got angry But I mean, let's say he told me.
[27:58] ok what can I say But it is not that easy to grind it. It is very difficult We If there was a profit of Rs 50 lakh then it would have meant I think maybe in your life you
[28:11] No I did not earn Rs 50 lakh in my life. Yes through savings of Rs 25 lakh You made 25 lakhs and that too in one and a half years. I would have got Rs 50 lakh in two to four days. Yes Yes No Within a week on the 7th
[28:23] Who earns 50 lakhs in a week? Brother? Were on. Yes, I mean substantial capital. Just imagines That friend, if I book a profit of Rs 50 lakh
[28:38] How much money would I have had if I had taken it? I imagined that I already had What I am saying is that when I started my work I had done freelance work so I had my We so I saw that I mean the biggest one
[28:50] We I want to buy a piece of real estate. What do you want to say bye? Piece of real estate. Or any other rental Dude, the biggest goal. You Had the Chance
[29:06] But you still missed it. I felt very cheated. I felt cheated. For three days I kept counting that suppose I would take this thing, I would take that thing. Yes. A very big car would come.
[29:19] Yes. An expensive car would have come. RX everything would come. [Laughter] An expensive car would have come. RX everything would come. [Laughter] That's the same thing. So but I think I Was busy in that. Some 10-15 days Coming out of the euphoria that my friend
[29:32] Also, is it getting that bad? Next Just one more time, next time I get such an opportunity I will not leave you at all That's all we had going through our minds Firstly, you have also suffered a loss. Where would there be a profit of Rs 50 lakh in this?
[29:46] what happened after that After that So This Was For January We three months after that We We are coming without getting tired
[30:01] Profit loss, profit loss kept happening. I had heard some tips at that time. Yes, this time I thought I was watching this I had learnt about indicators etc. These I had learnt RSI etc. Bollinger I had learnt band etc. so one
[30:15] There was a trading indicator, I forgot it. Went. I had paid for that too earlier. That's why I used to trade accordingly. How much did you pay for the indicator? How many did he think I had? 3900 A life time.
[30:27] Ok. Yes. So it was mentioned in it that 1 forest girl We used to come to trade Suppose you bought an option of Rs 50 SL of 25 is your target of 75 but that Mostly above the base of momentum
[30:42] It tells that according to the volume Kind of a weep so inside that then yes three Then I made a profit and loss on that trade for a month. profit loss There was a loss of Rs 1 lakh, otherwise it was more but I wasn't feeling much
[30:56] After that we If You Remember Us There was an election. It was election day. We How much of a blood bath did the market go into? How much Percent gap down was open?
[31:11] I wouldn't kid I just had a chat too That's it. I told uncle that I will put We And I will be putting in ₹3 lakh. Will not be seen. We I feel like something's going to happen this time
[31:23] It is going to happen. Exit polls are showing That this time BJP crossed 400 and showed it I don't think so. I said it straight away Ok. So at that time I did not know Podcast I Should Speak Not Speak I needed it but I had some substance at that time.
[31:38] What did you consume? My father is also watching. Was not there. Ok. I mean, whatever you consumed. I will listen to the whole thing. So what at that time? Was? I was about to deposit ₹3 lakh.
[31:53] But I didn't know. I in that ₹30,000 has been invested in put option. It was on Friday 24200 We And the next day the market opened gap down.
[32:07] 21,700 was his low and 22,200 was something like that. Thi gap down. And I had taken a put option Around 22,800. And you seemed to Yes, I thought I had deposited Rs 3 lakh. And I had also made this position very
[32:20] After working hard, at 3:20, when the market suddenly closes was about to. And you mean you were not conscious. I was high. I had consumed it. Ok. You are fine. You were not conscious. so you
[32:33] Yes. And what was that profit on Monday? Ok. I woke up the next day and made a profit of Rs 5,67,000.
[32:45] I am seeing only 57000 profit I had invested 3 lakhs, this should have happened. 57 lakhs and when the market was about to open The market opens half an hour earlier, like at 9:15. First gift Nifty I think that time him Singapore used to call it Nifty in its old name.
[32:59] I was looking for a nifty gift And I was also watching the news at that time. We with uncle so then he called option I was watching what was happening We
[33:11] We The index is opening down 5%. I that I have never seen in my life that the index is 5% Opening below. And I was looking again Is it going to open?
[33:24] We I saw a straight up open put option of ₹30 I saw a straight up open put option of ₹30 It was open, I think 300 500 will open above 500, right? It opened above ₹500. But this means this
[33:37] It went up to ₹900. As much as I remember. It went up to ₹900. Exactly yes Yes, it had gone that far. and then to me I was surprised that I had not lost 3 lakhs, friend. Went into history. I checked I How much money was lost?
[33:49] Had deposited ₹00. And then I recalled. The day I We I felt very sad that I Yes. And this time 50 lakhs became a reality.
[34:05] Brother, should I tell you what happened that day? If you remember, from 1220 the market took There was a U-turn. The market was built in 1220 Remember the pin point of 21721 till today We His premium had increased 30 times, so he
[34:18] 90 la 90 Lacs Exactly [sound of clearing throat] You missed an opportunity of Rs 50 lakh in January. I won't take a chance though, but if now It was 5 lakhs, it could have been 50 lakhs also.
[34:31] So in June also, 50 lakhs worth 1 crore were lost. Somewhere or the other, you lost your chance and this time you I also traded Yes, then how did you feel at that time? I felt cheated but then I Did you take drugs after that or did you quit?
[34:45] No, after that Well, I did that a couple of times Yes, let me tell you this. This thing means a lot So this is about smoking and doing this. I feel like it very much.
[34:58] I don't know why this happens. I saw It is that I don't feel like doing it. Does that calm the mind? mind from him calm hum Or you want to forget about it Yes, exactly a little bit to forget you
[35:12] You forget about it for the short term, but That's an excuse that I'm intoxicated You can call escape a temporary relief, but That's Not An Effective Way We do not promote this, right? Definitely not me either
[35:26] Ok So I was telling you that day I was going to book profits. nearby Well, the market had returned on 1220. My highest profit was around 9 lakhs.
[35:38] I said that your market will never make a profit. I can't give you flowers. The loss has to be paid in full 100% profit means The thought was coming to my mind that friend, when I lose If I book, I book the highest loss. I do. Meaning, at zero
[35:52] And when she makes her call on the market high For example, suppose 10 becomes 100, then Why would I book a 10 rupee note for 50 rupees? Am? But then somehow I am fine brother. Well, no problem, 20,000 has come. what bad The thing is? But what was going through my mind that day?
[36:04] So many things had come to mean to me that Now that's it, that's my switch again. was turned on Because you haven't suffered any significant losses yet. Thee eventually just missed opportunities
[36:19] And I had made some small net losses. Who thinks you've become profitable now? At Well Net Net, we Not yet, until that time By that time, will I be in profit? It was there but I paid it through brokerage.
[36:31] Ok I was equal in my opinion Is Nearly 15 lbs So how did this 15 lock thing happen then after that 15 Lock was you, I am equal till here
[36:45] We After that [sound of clearing throat] 2024 we reached in June yes that I remember going to Thailand after I earned ₹280 that day and went shopping. I have booked the flight etc.
[36:58] We After that he spent all the money. We Then what I used to do was that yes, at that time I I was watching a lot of these YouTubers come live. Streaming
[37:10] that if this breaks then this is the target Whatever whatever. Ok? So I started watching. Then I What was he used to doing? Combine your analysis With the stream of urthers that I am fine, this is my vision and so is theirs.
[37:25] We I think for six months straight I Kept trading. We It can be done with a capital of not more than Rs 1.5 lakh. consistently It was in the Indian market
[37:37] I thought I had lost it like this Around ₹65 lakh had lost a lakh Yes, at that time I thought that Nifty And this curse became the Bank Nifty index. I will not do the option
[37:50] Then I got addicted to commodities. Good Ok Gold in commodities at that time I thought when I was looking at his gold The price was not around 60-7000 but at ₹65,000
[38:05] We So I saw gold ka now gold me as you No, how high margin is required for its future. One day I bought a call option to buy I see he's not going bye We
[38:18] And I was looking at his options chain. Inside, let's say one, let's say 65,000 So it is showing liquidity remaining on that. Pay is not showing liquidity of Rs 64900 I bought the call option and it showed up. No more. I What is this thing? Then I
[38:32] I read a little about the concept of gold, Silver is their contracts Options are not so liquid but illiquid. Crude oil is better. We I also suffered losses in crude oil.
[38:45] Had eaten 50000. But I am fed crude oil I hated it at that time because I Till now I have not made a single trade in crude oil. Did not exit in profit. Then tried natural gas. natural gas Let's see. And at that time I knew that
[38:58] How did you know? One India and its one There is a website where all the CPI data is available. And so on and so forth keep coming. All economic data How much is the demand? How much does he produce Going to do. natural gas storage unit
[39:14] How much is left after doing this? So I was looking at that okay. first week So I was looking at that okay. first week The supply was crude oil earnings. I took Had kept it. I think his opposite supply earnings Less was received, meaning the price of crude oil rose.
[39:26] and I had taken a put position wrong the next week I saw that okay this We Meaning to go down that wrong then three such I felt that this time my guess was right. Maybe I think this time I'll hit the jackpot.
[39:42] It will happen because I have done so much analysis I have done this and that, every time its supply is decreasing This time there should be more supply, friend. We I am fine, nothing happened then. His Inside again I five times five weeks
[39:54] There was a loss inside him. A little bit of natural gas side by side There was loss in that too. And I did that time again a couple of times, just Had done. One is like a big 1 kg of gold
[40:09] It happens. Then inside it was a gold coin. Some Guniya would call him then gold 10 for it Traded. But how much movement is there inside it? Did you come? Meaning, its price was prevalent at that time.
[40:21] Some ₹34000 and there was movement in it, meaning I used to put in roughly ₹1, ₹150. I used to earn ₹1 lakh a day, I said. Yuck, what is this? I can earn so much money in ₹1000100. I am living, I will earn so little again Man sees ₹9 lakh profit on ₹5 lakh
[40:36] Yes absolutely Okay Anurag, tell me one thing. Hum [sound of deep breathing] You used to know everything Were You used to use your brain a little bit too.
[40:50] And Meaning behind everything you do Yes. Yet you got stuck every time. So why What do you think is the Did you get into trouble because of reason? What
[41:05] Did you get into trouble because of reason? What In the pursuit of earning more money, Greed can speak. or once or twice You made a profit by chance. You thought I did this through a system I have created this system and I will follow it.
[41:17] Was it the reason? Because as far as I can see hmm what happens normally? People are aware But from your story I feel That you were aware. You were reading things side by side and You were aware. But you're still doing harm
[41:30] There were again and again. Yet you mean a human being who He is aware and is earning at a young age. Street He is a smart type of guy. How is he getting caught up in the trap of qualities? Used to be? He is into penny stocks. How is it getting stuck?
[41:45] How is he speculating in trading? speculation basically Expectation Who has set unrealistic expectations? We I am just too big, I can earn this much.
[42:00] We At that time I knew what it meant I mean, at that time, I had a trading goal. that in the beginning the initial goal was that Source of income should be same We
[42:12] But then some dust got deposited on it. I went and I felt that now the whole world We Quick Fast and Easy was being made in the beginning Sometimes I made 2 lakhs, sometimes 3 lakhs, sometimes 4 lakhs.
[42:28] Yes I used to enjoy my work because you I am earning in a month and in 2 months I can earn it in 1 day. Where will you feel like working, where will you feel different? I remember some of my clients at that time.
[42:42] There were those who did not make on-time payments. Then There was some video that meant something. Do this change. To me, he seems a little worthless. And I remember that I had two or three clients I had left them.
[42:56] Should I flirt with them? Why quarrel with him? Why debate with them that I am right? We I got another option That thing had settled in my mind.
[43:10] Eventually, now I have left this and am working full time. You can also get into trading. But I thought of releasing it to me. There is no need. So this can also be called a smart decision. that you at least made mistakes
[43:24] Is. But you did not leave your work. Very What do people do these days that have well paying jobs? or any business means any earning It is a means because eventually humans Need capital. Capital you bring what you You work from there and you also invest your capital.
[43:39] So where you start seeing some profit If it happens then people use it as their first source of I'm going to get completely into it So at least you didn't do that. We people I can definitely say but
[43:51] So neither at home nor at the ghat I will not say this message, I have I mean, I had one or two such faces, I will tell you. I will tell you when I had a big loss like this There were one or two phases when I was five or six days old. I took a break from work
[44:04] We A little bit for the mental piece but I u five fivefivefivefivefivefivefive There is a break of five to six days. I have been. I am saying permanent break Now I will not do this.
[44:17] Reset can say you came. Yes yes yes okay. So we were the people Things did not work out in commodities either. So at that time What was the total loss till then? What was the total loss till then? By that time the loss had already happened, I think around
[44:31] Nearly around ₹9 lakh. The total loss was around ₹9 lakh. boxes Tell us how you got into trading? So this We were some relative of Dabba Trade We I said yes, we
[44:43] I said yes, we So he asked how much brokerage you are paying. I asked you how much margin you charge is in front We At that time, you can buy 1 kg of gold within Rs. 1 lakh.
[44:55] We It was something like this that he had ₹7 lakh near expiry. We Margin calls came, so I said yes. He said why don't you go in the box Make a trade. You only have to pay the loss.
[45:08] Good. And he is a good person. I mean, it's about me I am from Wellvers Trading. I do trading full time. they felt that there will be some help because now you see
[45:22] If you want to trade on your Demat account Do you want? You don't need to pay margin Fell. Meaning basically we leverage So there is so much leverage. You also use You can do it inside crypto. What basically happens in trading is that a
[45:35] I was also not that aware, so he It was told that in Dabba trading, if Have to give. If there is profit or loss then it will be given to you. We will give it to you and you just have to pay the loss. Same was with you too. Some deposits
[45:49] But you were trading dabbas. Sorry Let's put it. Not at all. No. No. So yes, if it was started in the box then
[46:01] No margin required. It's just a loss I have to give it to you and you have this much grace. You will get speed for 15-20 days. I said okay, what could be better than this? Can it? And I trust him. Ok. So I
[46:13] In starting. We Did you do it by calling? Direct call pay. Ok. He also had an app. But I used to do it through calls
[46:25] To me for recording proof. Because I heard he said that someone manipulated the app. their back end Manipulate her emotions by coding and teasing I didn't want something like this to happen to me. So I said okay, call me one on one.
[46:37] Trading is illegal in India. 100% So that's why you entered into Dabba Trading So that you can save your brokerage. I only need the margin brokerage. I did not have to worry about brokerage.
[46:51] Because I don't have that much money So that I can trade here. So here I also trade in the box If I do that then I will get a chance to trade So it was all speculation. 100%
[47:03] So it started like this that I won gold. Start Trading in Gold in 2020 We And you know about gold in commodities. We So the price of gold at that time was ₹65000
[47:17] We And I bought a gold mini. And I bought a gold mini. So one Gold Mini means a move of ₹1 if So one Gold Mini means a move of ₹1 if The price of gold comes to ₹65000 66000000
[47:29] If it increases then 1000 * 10 means your profit It has been done for ₹100. Ok? So I bought a Gold Mini. We And it was my relative who told me that
[47:41] Gold prices are going to surge and increase 73 Around 74000. I said okay, there is no problem. keep I will take it. I mean very difficult I should book profit. by doing this I controlled myself. I then at last
[47:56] Whatever the price, I cut the position. Butt her After two days, its price suddenly increased to Rs 78,000. I said oh my god I really missed this Did it. I waited for 15-20 days. We After scoring off end positions
[48:11] Meaning profit has been booked. despite that I was a little sad, in a way, profit Even after earning, I have to book my profit. After three days, its price within three days We Then he said, it doesn't matter what you do.
[48:25] We I said I can't come, I don't think so. We So now I'm telling you this, my I think it was around Diwali because this I heard there is a demand for time
[48:40] Yes, 24 I think it's after Diwali. So I did some study about Diwali There is a high demand for gold during the season. If yes, then search for prices That Is Not At All I watched later
[48:53] So Then I said goodbye to gold, I think. I didn't buy even a single gold 78 78500 something around And as soon as I said goodbye, I thought it would be a week later. That feeling had come inside me.
[49:07] Yes, and I also averaged somewhere in between. My loss was around 120 had gone around 70-800 And he went on doing that feeling 60 well
[49:19] I am sorry, this is a little further. This is 2025. When did the budget for 2025 come? Inside? Your budget came in July. So the thing is that I did not think that an interim budget came. Was. came after Independence Day and probably
[49:36] It was something like this. I don't remember exactly But it was something like this. and that day Yes, I bought gold for Rs 78,500. Price. And then it fell to 72000. My
[49:50] Losses went up to 70-8,000. We Then I saw that gold was going to rise now. The day the budget came We So I saw that there was some news that day. Import duty on gold
[50:04] We Lower circuit was installed inside gold We I also saw that gold does not fall. We That day my phone fell on me and that day
[50:16] I think yes, it had fallen by about 7-8%. He Gold hit a lower circuit near was left [nasal sound] But he was falling, I was falling. I was doing average I average at 72, which means he's my close friend.
[50:31] The price was then opened at around 69 Then that 69, I averaged 68500 I averaged 68 but didn't even win five gold medals. I did that and my average Still, it was quite high, I think about 72. She was around 73, she was something like this and she
[50:46] Its price had gone up to around Rs 60,4000. Day's Take And on that day I lost my The position was cut. I panicked and I There was a loss of ₹ lakh. Yes.
[50:59] Had gone. ₹80,000. So basically, luck somewhere or the other. Can you speak? What will you say to this? Now I can tell what the mistake is. Was. It was a mistake that on some levels I You should take care to average. We
[51:14] End Meaning Combination Levels Also, blindly averaging down my calculations and from above Is it also possible to average out losing positions? to losing position When you have taken a trade
[51:27] Yes, yes And if it's going down, that means Yes, it is going wrong. So when the market has already proven the person It's saying you're going wrong So did you want to add more salt to your mistake?
[51:40] Needed? Yes [laughter] he asked the right question. I I can understand this, suppose you Some did research, some traded. Ok? Me Looks like this option is about to run away. But he is falling.
[51:53] We Ok? If you believe something, they say it. If we buy on levels. That makes sense. Ok? If there is an event then there is no event. I saw that day that there was an event but
[52:08] I neglected him. I said to this It's not going to make any difference but that news The one who impacted, his fall Its price dropped drastically Yes, the news is not under control. The news is not under control and when you
[52:21] Yes You kept averaging like a blind person 67 It will be called wrong Because you didn't even do the experiment. The price will come up to And many people who are watching this series
[52:35] Many people will be able to relate to this as well. We take trades and keep incurring losses. It will come at my cost and I will leave. So this is called gambling. Any of you Many people might be doing this. So this is not the Right Way to Trade. Meaning your starting
[52:49] The exposure was ₹1 lakh. Just because you You are going wrong and you are at a loss. Don't cut it because ego has come into play. So you that Averaging a position of Rs 1 lakh to Rs 5 lakh Yes. So you mean your basically I say I can say that the capacity is 1 lakh but 5
[53:04] Do not take Because the market has become adamant that Trading So, does fighting the market make money? The beating is very severe, absolutely worthless. It does not become completely wrong
[53:17] Many times brother Okay, so in box trading you Was anyone doing Dabba Trading or has been closed I have to eat it before that too, before that too I just went into trade silver.
[53:29] Recently we Don't ask about silver. What happened I studied in Silver, Silver Coffee A volatile, sometimes silvery precious metal Sometimes silver becomes an industrial metal.
[53:41] Hey, I even saw your video. that you had told that when this So what do you say inside silver like this? The pattern is repeated inside the silver What is silver basically physical? Silver, we talk about it, but Silver.
[53:54] Paper silver is widely traded and Chicago, the Muscle Exchange, is completely Let's control it. Either silver, yes, this is just silver It started just after Diwali 2025 Silver price rose by one after crossing 15.
[54:10] I reached 145 in a few days and I My relative told me that Who told you? The same relatives who dumped me First uncle supported me and then someone else. The relatives were different.
[54:23] Has your relative drowned you? No Meaning both or influence then you somewhere were not anywhere But the reason was yours It is not true that both the people are good but I
[54:36] wanted yours wrong But he also did not know many things. Yes He used to say that you would accept it. Ok Yes, I can say that and I consider myself
[54:48] Patre also used to behave like I am capable I have hidden my losses, let me tell you like this. ok ok means you didn't tell me that They can think what loss I may face. I knew half a thing that was a little realistic.
[55:00] Ok. [laughter] Okay. So in silver What happened? We Anurag I said okay. I said why? Speak That the price of silver will reach ₹1.5 lakh.
[55:12] We I am buying the current price of ₹115000 I studied at Silver around that time. That's how many times silver has crashed. At $50 per ounce, that means it's ₹1 At the price of lakh per kilo, this is safe for me.
[55:29] Lou Silver is about to run away, so before If gold runs away then why not invest there He said, it is your wish but silver is more. They gave me all the same things that will grow faster Factors that indicate demand for solar By doing this inside EV inside 5G
[55:44] We But I neglected his words and trade. While doing that, the feeling went away within a few days. 1445000 inside I came to around ₹1.5 lakh Then I thought
[55:57] took it well Yes, I used to talk to him sometimes. Then I request you to take one of my IDs for the box. So let's say I want to trade Should I ask you to get me an ID? Give me two so I can trade with him.
[56:12] So I was thinking whether I should get an ID or not. I won't take it, the price has already reached 1.5 lakh. Then he told that it was not ₹1.5 lakh but this The price will be 2.5 lakhs. The price will be 2.5 lakhs. Two and a half lakh will go. He said yes, then I
[56:24] I told him to take the ID for me. There is no problem. I just A silver Micra inside starting of. Silver micro means 1 kg. If Profit and loss. And I found about 3035000 points in it.
[56:38] We And there was a profit of Rs 3035000. But when I asked him Asked how much profit you made? They He said that we bought 10-10 kilos and sat down. And what do we say? Inside the shelf that. The price may come to Rs 2.5 lakh. We will cut that too
[56:51] We even got some physical bars. Silver K. We We So Ok. Then he told me that you have done a lot
[57:04] Anurag has taken a small position. I said yes I don't have that much confidence in silver. It has a very brutal crash. You are from the 1980s You will see that it has fallen by 80-80%. Silver 85% 90% of me is scared of silver. So he said, look, this is very big.
[57:18] Hmm. I said you are feeling it. We He said there is nothing to be afraid of. We He said there is nothing to be afraid of. We I said okay. Then I interrupted him
[57:30] I had taken a little trade, just a little Made a lot of profit. So one half of this By buying a kilo of silver, I made no Earned Rs 60700 here. Exactly when I started that Silver was taken
[57:42] Bought one for 55. Then I cut one at 85. And the day I cut On the same day, silver fell from 1.85 to 1.73. Silver is very volatile at that time. Was being. 2000 points within 10 days
[57:56] So what about silver and your trade? Happened? Once you made a profit of Rs 35,000 After that I invested Rs 10-15,000 like this Meaning, many trades were taken, small and many in between I also took it intraday. But I was scared at that time It was because of the shock of silver in between
[58:08] We Then I did not earn much money. I earned around Rs 60-70 in between. And the day when The price of silver had gone up to Rs 4,20,000. We February to February 2025 February 27, 2025 Now
[58:23] 26 The peak price was on February 26. I with closed eyes I bought silver We
[58:36] within that one day Silver dips by ₹1 lakh, falls by ₹1 lakh I thought, man, this can't happen. How can so many crashes happen in one day? Inside? Let's assume it's okay, 80% silver. It has fallen and may drive the whole world mad
[58:51] is falling That means there would be a dedicated bounce And I think I can catch that I can say that you generally see that If Nifty suddenly falls by 100 points then 2030 The point is raised, however, the same concept was there that
[59:06] Dedicated Bounce is coming I bought 2 kg for Rs 4200. around Loss of lakhs Yes, the loss of 2 lakhs was probably 1 lakh rupees. Around 98,000. The contract I
[59:20] I had bought it but it was broken 98-97,000 Points but forward contracts next The futures that were there were above 1 lakh only. Meaning it had become minus. And even gold too Your 13% end silver crashed that day
[59:32] Within 29% percent vice. Look, it's not right. I mean, I consider them my enemies. Made it crash. history's biggest Crash. Oh my God. Only the most unfortunate person feels like this. I will not cut the position. ok then come
[59:48] I bought 2 kilos and then some more. Within a few days, his price had reached 2 Within a few days, his price had reached 2 lakh I think something like 2 lakh 2000 I cut the position the company was carrying
[1:00:02] I had this in my mind that friend Silver's bar That feeling is just about to come, it is about to come. Then somehow that feeling came in the middle. 270000 came a few days ago I ran away in 255 2 and I ended To be honest, I don't even remember myself.
[1:00:17] How much loss was there because I was with my relative I used to ask for some money. He gave his Yes I did not understand the meaning. you your I had given some money to my relative. Borrow.
[1:00:30] And he settled into his box. Yes brother, I want to pay my age to them. Will fall. I think my loss is gone Was. If I am not wrong. It had gone above Rs 6.5 lakh. Loss of Rs 6 lakh in a single trade in silver
[1:00:43] Yes, inside the box. How did you give the money? Then Well, yes, I did them To the box seller or to the relative? To my relative we Meaning they needed it.
[1:00:55] Am. You ask for money. This is also a square off It will be done. If the position is skewed, then tax Not there. Then after that I put some gold in it. We Then I understood that it was okay that Gold
[1:01:11] I will trade inside. Gold Better Because gold was not so broken and I put a half something bold inside the gold I had created the position and had created it with just this thought in mind. That if there is a loss of ₹1 lakh then I will be out I will quit I will take a long
[1:01:27] But nothing like that happened on the day he went to gold. I think it was down 13% in January. 28th or 27th February 27th on that day I had taken some positions because that At that time I knew that the day I I will cut this position of mine, after that he
[1:01:41] So I made two or three gold medals with a little mail. I had said goodbye to Mini and it was only for a few days. Inside inside inside gold I think The 10,000-point rally had arrived. And I think I had 2900 or so in it. 2 of my recoveries were gone.
[1:01:55] I breathed a sigh of relief and then I felt a little I started observing that I see the bar There was a good opportunity somewhere else. Once This little madness doesn't participate Foam. We
[1:02:09] This is not trading. Then I came here I took a little break. And here it is My last trade was of boxes. and Mary I think the number of books is around 4 lakh. So was your settlement one time or
[1:02:22] I did not understand. When did you pay settlement meaning loss? Meaning to a broker with When did you give the money? When did he give you money? My thought was that when I would make a profit of Rs 500
[1:02:35] Ok. Yes, this was close to our amount. Yes. Ok. Suppose the loss is complete, say 500. He would cut off the position and he would ask directly.
[1:02:48] were not even straight So what is your net loss? Boxes cost around 15 lakhs Your own 15 lakh boxes are also gone. No no, get the box and deposit it in demat Mixing Crypto's Mixing
[1:03:01] He also did some betting in the IPL. It's not much, it's just that she tries I think there must be about 30 losses in it. Meaning whatever this is, it is your trading. The box is gone, the crypto is gone, the speculation is gone. This is a failure, Jamling, whatever.
[1:03:16] Looking at this, it seems like this somewhere Somewhere in the mind of quick riches, there was a You did not go anywhere in that pursuit of big money You can say that you lost so much money somewhere. 100% no doubt And was this all your own money?
[1:03:29] Did you take anything like loan one etc. No, I did not take a loan for this. is not for me but that is for my brother but That's on my name actually I told that my younger brother is studying in Cypress Butt is also my uncle's son.
[1:03:43] my cousin She kept bringing me to do MBBS. I promised her that I would I will not burn money in trading. That money was mine. But I wanted to He should be a little successful. He has a little of his
[1:03:55] We So I said there is no problem. your What do you say about yourself? Study Carry On Tax. But I burnt that money. Now again he How do I get the money? The education people
[1:04:09] Meaning, by God's grace I have a decent income. It is a good ITR. So my loan is Rs 18 lakh. Get it disposed of from there and give it to my brother. Give it. So you can call this loan but I am Well, he is taking the loan there only. Yes, he is doing it there but in my name.
[1:04:25] I am a copycat. Well, I mean, if he doesn't pay, then you Yes, I have taken it from HDFC credit line. February 31st, not February 31st, sorry, March The money arrived on the 31st. But I processed I started the day I closed the box
[1:04:39] Brother, you wasted the money. Spent all the money I felt guilty that somewhere or the other I had saved money for my studies. I actually felt very guilty. I once felt like this, let's
[1:04:51] We If it was not possible then I would have done it like someone's career could I mean You gave him a hope that let's go And then you back out at the last moment. So he could have had a problem somewhere.
[1:05:05] My image at home as a responsible Person is And I am the one who comes first when comes To you know any sort of work and means any At that time I had that sense of Responsibility
[1:05:19] Meaning I did not see within myself that we are How can I make sure to trade? It was also okay brother, let's assume that I We had to give him ₹1 lakh. I would invest this money and trade with one or two lakh rupees. Why did I spend so much money?
[1:05:33] I felt very bad that day that I Dude, this is wrong Ok I have just one question, we will end it now. Market which is any market is stock Market, Crypto Market, Gold Market
[1:05:46] In which you have traded, have you done The market shows dreams to make money It is on the market. I think it's an illusion. Money is not made. Most of the people you mean completely many
[1:06:00] You have to study the market closely. To. I think then you might be able to get Something out of it. We But like someone like me means my Like someone started Hope Trading Or how I thought that Tukka would mind
[1:06:14] This means that whatever I have of you See, you did a complete trick. Yes And did not follow discipline stop loss Did not follow, did not manage the risk Even though you know everything
[1:06:28] I just did it in the hope that something might happen There will be recovery and profit will be made. Given If a new person is coming into the market. 23 So some new guy who is young
[1:06:42] And suppose he has started earning a little. Because what is a human being? earn a little let start. Then think straight Double your money by trading and kick your job We will kill you and straight away we will take out our luxury Vehicle. So if any young guy is reading this podcast
[1:06:56] is looking at. Under 30s catch it. The one who started earning early or the one who has This is how I multiply my money. I will do it. would you recommend them Why? I think
[1:07:10] this is Trading is a brutal game. We Your mental piece is inside this, right? Your mental piece is inside this, right? Drastically means it will end up like a
[1:07:22] We No doubt. And when you suffer losses, you will regret it. will be. And when you suffer a loss, you will also get this. You will feel that it's okay friend, what can I say? Are? Only one trade was wrong. Then Losses
[1:07:35] Will be. Then you will think, let's go a couple of times. There was a loss. ok will try again Am. Then a loop is created and then You at the end of the day you are somewhere You start taking revenge with the market From where it is difficult to get out. You're a clutch
[1:07:49] You get stuck in it. my my my like this Seems to be specifically within trading SIPs are fine. But FAO specifically I don't think so that it should come into this. Unlace
[1:08:03] Now I did not do much in this. Well, I also did option selling. Thi or inside Anibeach When those coins were made inside it, they were like cowries If they were made, they would have seemed like a lot But I think there are some hedging strategies
[1:08:16] There is iron condo strategy etc. in it You can see what happens in it. That there is a fixed loss and your profit is fixed. It happens inside because you turn left on one side You are living and on one hand you are out of the money and you are You are doing it and you are selling it in the money.
[1:08:29] But people don't enjoy it. How much role do unrealistic expectations play? Has it happened in trading? Unrealistic Because you thought that it was worth a penny. In the sense, what do you mean by starting?
[1:08:42] If you do this, it will take 20 years to become rich. I don't have that much time. So this quick money maker attitude Somewhere in the confusion, your The attitude that caused the loss was wrong. was right According to you.
[1:08:55] At that time, I felt that I could think of anything. I can do it. We But Later I found out that was Because it's too unrealistic
[1:09:08] Expectation had become expectation, right? The money has to be doubled within two days. We So that is completely way beyond reality Beyond Imagination Has there ever been a change in trading behavior?
[1:09:21] How has trading changed? Look, you've almost caused so much damage. Loss of 15-20 lakhs has been incurred And I dug out heavy positions and made them my own. Capacity created more positions How emotionally drained are you?
[1:09:34] Emotions were good when the market was closed We We Sometimes I did not eat food, I did not like the food. Talk to family members, some relative came home A friend came to the house
[1:09:47] I don't feel like doing it That toxicity had been created many times. End There is some work at home, whatever it is, postpone it. hitting or sometimes within a slight tone A little harsh or a little loud
[1:10:03] Being aggressive, yes We did this because there was frustration. of losses Yes, because that was a good thing that happened once. I even fought with my friend. He said I'm coming, okay.
[1:10:17] Pay We The day and the time when he came to my room He had entered my position from green to red. I said you pretend, brother, don't do it next time. Come. We
[1:10:29] He said okay, I will not come. And I don't know how, randomly once I had a meeting with him and I didn't know that I am going to meet him or else we If we were somewhere, somewhere in a common place, perhaps I was in the park, I don't know where I was.
[1:10:42] I saw that. As soon as I saw him, I again That position made me blush And then what do I say after that? He tells him that brother, you are in front of me. Tell me. You are my daughter. He took this matter personally. We
[1:10:56] He took this matter personally. Then I Hui. He said, brother, there is not much in this. It happens. This is a small thing. I said When I take a trade in the stock market
[1:11:08] Even if I am here, don't come. Then don't do this By doing. So these have different meanings. By doing. So these have different meanings. No, can you call it a myth or what? The person then catches the pattern. your own He blames the mistake on others.
[1:11:23] That in the process of taking accountability for oneself He puts it on someone else. We Ok. Come on Anurag, it was nice talking to you and This is what it looks like [nasal sound] that little over
[1:11:35] We There is a way to earn some money quickly. To me. Hmm And despite knowing everything, he still does everything. Because I had no control over my heart.
[1:11:49] Yes, I had no control over my heart at all. So these were all the things that you did wrong, but okay it takes guts to speak what you Have Done Wrong Because Good Success Stories And this is also not a failure story but This is a learning story
[1:12:03] So a lot of people will learn from this and I hope You guys will learn. Now what happens in the comments? Isn't it true that people only tell the guest in the comments? That you did this, you did that. These Then it will not improve. See the moral in the comments. Don't do policing. You too are not pure milk.
[1:12:17] No, it is not. Nor am I innocent. We People all make mistakes. This is the series we are making for the market. Its main purpose is that the guests who come from the one who is telling their stories What can you learn? he needs knowledge
[1:12:31] If he had knowledge then he would have known it himself. have got it. He has done so much damage That he himself has attained knowledge. every one Whether a person is educated or not. If Someone caused a loss of Rs 50 lakh, 60 lakh, 70 lakh. Then he understood what was inside me.
[1:12:43] And if I feel that something else, friend, If the person still doesn't understand then I will tell him I would have explained it in person or on a podcast. I know you are making a mistake. then comment Dropping in the section if you drop then Somehow that will not be a good thing.
[1:12:55] Rest thank you Anurag for coming. it was a Good conversation and hopefully public from this Thank you Make brother. It Was a Real Pleasure Talking with you. So we have come to six segments of the market. And today we will talk about Anurag's
[1:13:08] What can you learn from trading stories? See, Anurag is a very young boy. Anurag Started it. Earning at a very young age Started it. start freelancing So at a very young age he had a lot of The money has arrived. And when a person has
[1:13:23] At the age when money comes, a person is not mature. remains. The stock market is one such place. Where even mature people would have caused harm Are. So here is Anurag who has a lot I saw 20-25 lakhs in a very short time. then him It seemed that brother, money was being made very fast.
[1:13:37] My money grows at a very fast pace. will be. And this fast money mindset Anurag has been drowned and Anurag has suffered a lot. There was loss. If you have completed Anurag's You must have heard the conversation. did you notice It must be that Anurag repeatedly said that SIP
[1:13:50] It's boring to do. make me money fast Was. That is, when he earned the money from his work He thought there was a quicker way. To earn money. And that mindset is nowhere Somewhere Anurag was drowned. The next point is Knowledge is not equal to discipline. Anurag
[1:14:03] When I talked to him and his story If you understand me then once in a year I will When it became clear, Anurag knew everything. What is he doing? When Anurag dumped the box I knew this was not legal. But Anurag has Started it. When Anurag bought penny stocks
[1:14:16] Aware but even after that Anurag did not give the money Put. You know Anurag knew everything It was not there, so all the knowledge that I had was useless. It happened and despite having knowledge Anurag lost money from his market. The next point is to ignore SL. When
[1:14:31] Anurag told about his trade with Wipro. When I discussed this, Anurag clearly said When I used to place a stop loss, my stop loss If it was hit, I would have thought that the stop loss No, no. And this is in many people. The mindset is that as soon as you place a stop loss
[1:14:45] Yes, there is loss. Look at one thing You have to understand that the small pens are Time seems painful but it is big. It is better than disaster. So if we to do. I also don't want to cause harm I will do it. But I lost money in my trade.
[1:15:00] It is possible I could be wrong. market He can prove me wrong. So if I I will give you a loss, I will feel bad that day. That Time will be bad. The next day I was fine I will go. But if I do my best I will cause more damage. Lost all capital
[1:15:12] If I give it, it may be my 3 months or 6 months The whole year's hard work goes away and I am in the market I should get out of it. After this, what Anurag said Anurag made the biggest mistake, he thought I was Chand I will save it. So I am into Dabba Trading.
[1:15:24] I do. Anurag got trapped in that affair. Now watch Anurag do Dabba Trading There are no rules. And here if Dabba trading wala who is your guy He is a broker and if he wants, he can take all your money.
[1:15:36] can not help it. Because of Dabba Trading It is illegal. So if any of you box Be careful while trading and if Someone tell you about Dabba Trading If so, please don't go there because In Dabba Trading your broker is your ally
[1:15:49] He can run away with the money and you will not be able to do anything about it. Can't even show proof. So such a market Trade in where everything is legal So that if the broker does wrong to you So you can go directly to SEBI here. You can complain and get your money back.
[1:16:01] You can take it back. Your conversation today What did you learn from me in the comment section? Please do tell me. I'll see you next Episodes
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