₹32K Salary, ₹30 Lakh Loan: He Lost Everything in Trading | Market Losers Ep. 3

[00:02] ₹130000 Your EMI was earlier ₹66000, now it is ₹1300 What is your salary now? It's 40 now.

[00:14] So you have put unnecessary pressure on yourself. Put. What was my focus right now? Trade on the day of expiry and 1 day before Have to do it. I think I know enough which if I have to trade daily Understand if you want to do 6 7000

[00:29] The minimum amount should be Rs 1 lakh. I will tell you right now, look at your brother. Psychology is very messed up. Just think yourself that if money is available so easily If it were possible then so many Ambani, Birla, Tata etc. Why lay wires under the sea? So 1920

[00:42] I saved around Rs 80,78,000 by making some deposits. We had some portfolio of this. For. The first year saw a loss of around Rs 7 lakh. How did you start trading? Since childhood, I wanted to earn well.

[00:59] Heard about trading from someone or saw it online Was? How? Sir, all this happened through YouTube. in that actually Which showed that not one in the stock market It seems like everything has changed in a year. Your Main The reason for coming into trading was that one should get a job.

[01:11] You were not satisfied with it. Second you Had to earn money. Because it is obvious I dream that whatever I put my hands on I will give it to you so that you don't have to show the price. Meaning I earned up to ₹1,20,000 in 10 days. Had taken. Just one point to take, sir.

[01:24] To cut the trade. SL Not SL. That means if you come then it will be ₹7,000 and if you go then it will be ₹1.5 lakh. My single day profit was Rs 1.25 lakh. I became even more greedy that I

[01:39] I will still give it Rs 1.5 lakh. So that's mine It was the worst day. By 3:30, my It was the worst day. By 3:30, my 4,97,000 on my screen You earned around ₹5 lakh. Yes sir.

[01:54] So, net loss of ₹13.5 lakh that year too. It's done sir. 31 Worth ₹31 lakh. The loan of Rs 15 lakh that you took Apart from that, he took a total loan of Rs 31 lakh. How much did you lose in trading?

[02:21] With me from Samaji Nagar, Maharashtra Vicky Ingole in 2019 Vicky Simple Started with investing. everything is going well Had been. Then Futures & Options on YouTube Show. Earn daily profit, 10% of one do it. All these things attracted Vicky.

[02:36] And from there life turned around. from small lots The journey began, then large quantities, Then revenge trading, then loan apps. Vicky took 12 lakh rupees from loan apps and credit Get a loan of Rs 15 to 16 lakh by combining the cards Took to trading. The salary was

[02:50] Took to trading. The salary was Only 32,000 and EMI 66,000. Only 32,000 and EMI 66,000. Imagine paying a loan for double your salary. Was. One day Vicky started his trading career Made the biggest profit of ₹12,25,000

[03:03] But took another trade in the grid and made some 6 lakh clean savings zero in hours, 6 lakh clean savings zero in hours, Mutual funds had to sell zero gold and Then the family came to know the truth. Vicky today YouTube will tell you how to lose in the market.

[03:18] The dream of making money landed him in a debt trap. Gave. How Greed After Profit Has Taken Over Everything Something was taken away from them and how more than the loss Man is wasted in trying to recover It happens. If you want us to trade If you keep bringing the real side of

[03:33] Please love this series. to the video Like, share and comment Please give your opinion. And if yours too If your trading story is similar, then you too There may be features in the losers of the market. In the description box comment section you

[03:46] You will get the link. Fill out that Google form Do it and our team will reach out.

[03:58] Did you start? Sir my name is Vicky Ingole. I Aurangabad is now in Sambhajinagar I am from Maharashtra We And I have done engineering and trading.

[04:11] In actual trading, we mean stocks I have been in the market since 2019. Meaning From a year before Covid to after Covid I have not come. One by one from Covid How did you come? Yes. So actually I mean since childhood, a

[04:29] Yes. So actually I mean since childhood, a I wanted to earn a good income. And then I returned home to earn good money. I did engineering on the advice of my parents. And I passed out from that too in 2014. So I was struggling for that one year.

[04:43] Meaning, we did not get any job. At that time, the campus etc. were also a bit slow. Meaning There was no campus in our college. had seemed We

[04:57] So my starting salary was very low. We Got it done We The work I have got is not position wise He got the job

[05:09] was not So you mean because of satisfied work were not there or were not even there due to money Now if there is no work then there is no money You won't get it sir, then 2000 means 17 I got a good job which belongs to Pune.

[05:23] Ok So that company has kept me stable till now. So if he was not in the company then Then it got messed up And you need a secondary source of income

[05:36] trading or seen online How did the introduction happen? Sir, all this happened through YouTube, that is, on YouTube. We used to come with videos So what was actually shown in that was that Such a change in the stock market in one year

[05:51] Well, I mean, that video where it tells that from the stock market Yes, the stock market has changed my life. Overnight the dream changed and made sense. I became rich overnight in the stock market. So after seeing all this you will

[06:05] yes yes Sir, what is there in our house, actually I have brothers etc. so their thinking is that This market is really dangerous. This is it. We

[06:20] So small people have no business here. And this costs a lot of money. No, he did not know anything. that's me He was telling me that I do it. He was telling me that I do it. Good. Okay okay. that this big means big

[06:33] We There is no work for small people here. We The one who has more money means 50 lakhs 1 We So my point is that right now what we

[06:47] Meaning, in our daily life, we have some of our own There should be no tension. means to think about something There should be no need for this. We that if I want to take this today then I have it or There is no need to think to see that. It should be studied, that's why I said some income

[07:03] If you should not depend on me then two-three I was sourcing places Meaning, there is a job Second, some part time job, anything that means found that And the third one was trading, by the way, my three

[07:17] I had kept the source for my earning For monthly earning So you Your main reason was to get into trading. Were. Second, you had to earn money. Because

[07:31] This is what a class person dreams of. That whatever I lay my hands on, I will get a price. And I'll take that stuff. So in that you felt that trading was such a thing Who can fulfill my dream. How much capital did you start with and how?

[07:47] did you mean increased capital or did you Was that the whole scene? Actually, in trading, I Was. Ok? I mean, it took about three minutes to place that order. These were some four. Trigger Price SL Price

[08:02] And so on and so forth. So I found it very hard and at the same time In 2018-19. Yes. So at 19 I opened an account there. Tha trading account. Ok?

[08:14] So in the beginning, I actually I had created a portfolio based on stocks only. Meaning I used to do it only in stocks. Me Actually, in 2019, some FAO knowledge is missing. Ok? So in 19, around 1920, I did some

[08:30] By accumulating something like ₹78,000 It was our portfolio. We In 2019-20, it was ₹78,000. This is your investing portfolio. Yes yes. There was no loan in it, nothing.

[08:43] Was. This was actually proper saving. These I actually meant saving the entire At that time I actually remembered a stock. It is coming. There was Reliance Communication at that time. Actually it was at ₹12.

[08:55] So in the beginning I did not have any knowledge. So I called Vodafone India We Reliance Communications R Drugs R Sir, when I invested in drugs at that time had done

[09:08] In my thought A stock of ₹1000 went up to ₹3600, sir. It went up to 3600 during the Covid period. I ran away a lot during the period of 36 So at that time I actually I actually invested Rs 3040

[09:21] So You made money on it Yes, I did not take it out, sir, but it is good. I had seen that I saw that the stock would increase and it would increase, I said. If it is there then it is not reversed so it is 36

[09:36] Back from 100, he used to be mine Actually he went negative in that So I kept it in stock for a year or two. Then later I came back, actually I don't even see Whatever it is, only then will you get to learn something

[09:51] I watch more videos than YouTube. What does it mean to watch the video? Some things to learn about the stock market will get. Someone has a success story. The points that someone has, who Don't make the mistakes that I made.

[10:03] The zoom that you are doing now is like that I actually read many people's stories So whatever portfolio you have created, Get inspired by watching YouTube and you made. The portfolio of Rs 78,000 became yours.

[10:17] What happened from here? Then Yes. So back to 21 actually. There was a portfolio. Meaning it was till 20. then after I probably had some reason, so I took it out. Ok? And from 21 onwards I did that trading.

[10:33] He -- me FO did not start. No no 202 from 19 to 21 me Was doing it comfortably. Life was good at that time. Yes, there was something, there was no tension. But

[10:45] What happened was that those few stocks and There was one called Future Retail, sir. right now he There was a change. Yes, my money is also stuck in Future Writ. So that stock probably went bankrupt. So that's my entire money. So my

[10:59] I am very happy with the stock, sir. actually It was my mistake that I did the wrong thing. Yes. What a scene it is for all the stocks You told me the name of the ROM. you you Told DHFL. You have also just Vodafone

[11:16] Told DHFL. You have also just Vodafone Told the idea. You just told the future. YouTube watches And all these stocks have nothing or the other. So what people do is invest in all these stocks. Make a video by pressing it.

[11:29] So when the video is made by pressing it and yours too The requirement is that my money is invested, friend. What should I do? Now you are every person's You watch opinions on YouTube. Now that guy How qualified you are, how much you are not Don't know. Many people are wondering what's behind the camera.

[11:41] Ok? How much money did they make in stocks? You don't know from the market. But they speak I hope this stock will go up. Its target That's it, what else do you want to hear? you so I want to hear this, friend, it should go up because When you have invested, then psychologically

[11:53] Will go. If I tell you that the stock you have you will abuse me But this is what I will say if these stocks double will be. You will say yes Mac brother, yours The analysis is very good. I love you very much

[12:05] I like it. So this is what happens. So that All this happens somewhere or the other psychologically at the time You must be listening. And you might feel that yes friend, this is where the money will be made because you Got stuck. Yes sir. And in the journey from 90 to 20

[12:21] I was actually learning a lot. What is a bowler band? 920 EMI So now the meaning which is used in trading I mean, that was the Biangar band, a first. I mean, that was the Biangar band, a first. That was my strategy. Yes and 9:20

[12:36] Ok And the one who lived trading No sir, free What I feel right now is that I know enough to trade if Understand me daily 6 7000 if you want to do it

[12:52] But he can do it with this knowledge also. 6 7000 daily from how many capitals If it is one or 1.5 lakh then it should be 1 lakh. It should be minimum, there will be less risk in it I was speaking according to that.

[13:05] yes yes You are saying that you have a capital of Rs 1 lakh. Yes That means how much is it for the month? in the month If you hold me for 20 days So 1.5 lakh means you double your capital every month.

[13:18] You will be able to do it. Are you thinking this? This is true. This is what I am saying. if so If it stays for even 10 days sir, then it will be 60-70000 This does not happen normally. the human being feels This does not happen normally. the human being feels Yes friend, what is it 3% 4% 5% of your day

[13:31] Take any person into trading Obviously, if you are into trading A person thinks that he should do this all his life. If you do this throughout your life, then you have freedom. Yes So this is not possible throughout life because

[13:45] When you think of making Rs 5000-6000 a day It will be made but the risk is yours. So what happens when a person gets caught in the middle of it? If one starts taking high risk then capital Then the person says, friend, the market is bad. The market is dirty, the market is gambling, so this

[13:59] The best trader is If you calculate its average returns also That's 20% 25% 30% CAGR If you tell a fund manager today who also trades I am not giving you 20% CAGR, friend.

[14:14] Am So much capital that he doesn't hold you and hug you yes sir yes So the thing is, it's not your fault either. Pay Yes, yes, I actually saw it completely.

[14:27] I understand. So whatever is yours The mindset is completely based on social media. There is an end reason too to do this entire series. So that we can make people aware that those who We see it on social media and the reality There is a huge difference in that.

[14:41] Right. Ok. So you thought that from 1 lakh So actually I started Didn't do it directly with 1 lakh. Me Actually I did not know how much of what It comes out and so on. So I actually did one by one

[14:55] Started from the lot. some of my thoughts There was some lot of 15 from Bank Nifi Sir 21 changes had been made. So that's why I took one lot of Bank Nifty. got it? So I was getting some ₹10 from it. ₹12

[15:10] So I did 21 22 Half means did the same till half of 22-23. Meaning and then how does that price move. On what basis does it move? From where? You were learning till 22. Where does the reverse happen? Is? What is a trend line? what is stop loss

[15:25] Is? What's high? Tomorrow's high is And so on. Trend Line I Actually Yes. So this is your investment from 19 to 21. small trade And learning had a big mishap?

[15:42] There was no stress. Ok. When did you get stressed again? When I got stressed, I actually got loan offers. Sir was coming. Well, actually I have some I did not have the funds to trade. So I got some loan offer of around 12 or 15 lakhs

[16:00] Tha means multiple ways Tha means credit 3 lakh from the card. Some meanings that remain financially NBFCs So there were many loan apps. So how do I get 2.5 lakhs from that?

[16:13] Gaya Sir Loan So you took a loan of 15 lakhs. Took a loan of 15 lakhs And on what basis did you take a loan of Rs 15 lakh? raised. did you have some track record or

[16:26] No, I am not asking this. Civil matter I am not asking. I am asking that I pick it up and with 15 lakhs I Where did that confidence come from? Actually, sir, in between I

[16:40] I had invested some Rs 15,000-20,000. so in that I was getting Rs 1200-1500 from it. So I am not actually getting the full 15 lakhs. Was about to apply it. This was my first thought. The 15 lakhs that I have taken Out of that, I had invested around Rs 8 lakh.

[16:54] In mutual funds. Ok? And I kept the 45 lakh rupees in savings. was what I meant Take savings EMIs etc. And the loan I took at that time,

[17:07] The EMI had gone up to around 67, sir. What was your salary at that time? What was your salary at that time? At that time Sir was 29 or 30 something. That is, 300 The salary was yours and your EMI was almost Of Rs 66000. Yes sir, it was around 67.

[17:23] Your total monthly amount of Rs 96000 And this was the meaning and household expenses in that I did not include it sir, what I mean So you are saying that it means 3000 My EMI was only Rs 67,000, sir. The EMI was Rs 67,000 on a salary of Rs 300 and this

[17:38] You've done all you can to trade Or I can't talk about trading. half was put in But for trading in the stock market yes yes yes So how were you managing not feeling scared?

[17:50] Yes no actually sir what is my view That was the time when mutual funds were 7 lakh 8 Whatever is left of the lakh rupees, I will give it to him. Monthly returns will definitely be up to Rs 15,000.

[18:03] I mean, five or six stocks, that is, funds, were mine. Yes I was also getting more in it, I mean one, two, three I saw it actually 30000-40000 per month. And the 4 lakhs that I had left, 4-5 lakhs something was left

[18:16] One of the first funds I added was Meaning in Meaning for Trading We So and that from trading me and my That's why I took the risk How can I pay the EMI of Rs 66,000?

[18:31] How much do I have to earn daily for this? I calculated what it would take Yes So it's almost 3300. That means you will get Rs 300 per day You have to earn only then you can pay your EMI, this is mine.

[18:45] yes yes yes Okay, I mean, I can touch my salary. Ok? I will pay the entire EMI of Rs 66,000. We I will earn it and pay the EMI.

[19:00] So some of my strategies to start with Was not there. From 23 to 24, strategy and so on There was nothing. What I've learned is that Where will the reverse come from, where will the reverse come from

[19:12] Where will the reverse come from, where will the reverse come from It will turn according to the spot price. It means it is 22, at that time it is 22-23000. Nifty was at 22,500 and immediately after that

[19:24] I got a call for the next strike price. Put buy as per market conditions We Or even if its price is 120 then I Was. So, I did not have any target at that time.

[19:40] That I have to cut this much on this. So that I let it go as long as it takes. I let it go as long as it takes. It means loss also and whatever mistake I made, I will bear it. Applied it sir. Meaning you do not trade by placing a stop loss

[19:52] And the people I talk to This is what they say, we are on stop loss I don't trust it at all. Sir, I talk about stop loss. Actually what was mine in the beginning So 120 if I took the call

[20:04] We And what happens sometimes if it is taken at 120 Suppose we have placed a stop loss of 115 It would immediately become 115, sir, I did it once or twice. Went So I there

[20:19] If you remove the stop loss, then this loss will be will be closed had Now, would you recommend this podcast to anyone? He should place a stop loss should be placed, should be placed stop loss

[20:33] Whatever mistake I make, it should be done accordingly. Sir, there is a loss of Rs 2 lakh 2.5 lakh. We If you understand that it is 120 in sharp movement 120 immediately becomes 50 sir with in a 10 minute where did you go out you

[20:48] So the whole game would have been over in 10 minutes. if you had placed a stop loss This is what I tell people, isn't it? Stop Loss No Is Like Breathing If we give it, we will die. If you want to survive in trading

[21:04] So you will have to place a stop loss. Otherwise, trading That the life that we have will end. And what happened was that I did not apply it. Meaning 23 22 Yes 23 I do general trading on 24 Was. Meaning, my price action in that was

[21:17] I used to trade according to that. 20 Points used to take 15 points 30 points. So overall the year did make some sense. No. Ok? coming and coming meaning My profit will be around 2023 to 24.

[21:32] There was a small profit. means 4000, 3000, 5000 In the first year. we we So in that year, I actually at that time I did not watch anything like PNL etc. I didn't know that much. Then later I

[21:45] He started watching that. Meaning 6-7 months After that the entire negative went away. means that No. You are trading, just trade. You're going on and you don't know what's happening We Meaning, he used to come after five to six days.

[21:59] [sound of clearing throat] On the sixth day, it was complete. He would go away. So while doing this, my first There was a loss of around Rs 7 lakh this year. means you OK, there was a loss of Rs 7 lakh in 23-24. It was something like 6.5-7 lakhs and my salary was that.

[22:12] If you say 29 on time then my yearly package is There was something 3. around 3.4 lakh So, if I lose twice my salary then it will be my loss. Meaning your life was going well. We We were investing among ourselves. So slowly

[22:25] Suddenly I got bitten by a bug That we take a loan of Rs 15 lakh. And your EMI was Rs 66,000. Your salary was ₹0000 And you thought that every day I would get ₹3300 Have to earn. To pay EMI

[22:38] And what happened at the end of one year? After that, as much as your Your salary was Rs 7 lakh, you suffered a loss. Yes sir. So you have put unnecessary pressure on yourself. Put. You felt like everything was alright, friend.

[22:51] Was going on. I took a loan for nothing I took it, paid the EMI and now I am on my own. I am going into stress every day that today I will earn Rs 3300. Have to earn. If 3300 is not earned today and 3300 Be profitable. So it is obvious that this is going to happen

[23:05] I caught it. He was caught for 20 days. And if you hold 10 days out of 20, you If you say 6600 then it will not be available for 6600. Then You will also suffer a loss for 10 days. yes yes that too So when you did all these calculations, you felt

[23:20] Yes So you understand that this scenario will happen. was completely trapped When did you ever feel like I was stuck? Yes And then I got that mutual fund of Rs 8 lakh.

[23:35] Yes So I had to slowly remove it. Because what was I saying? When were you withdrawing your mutual funds? Ah, he was taking me out for EMI. What did you think sir, you got 20,000 for 8 lakhs

[23:48] You get the monthly rate of interest. This is your return. 8 lakhs for you Which Mutual Funds 20 There wasn't just one, Sir, actually there were four or five. So it is possible that the market is good at that time. If so, you were getting this regularly.

[24:01] Yes, I don't get it regularly now, I mean that That experience went wrong We So at that time I actually got something like 30-40000 Did Then later I realized that that EMI

[24:15] we we So I got to the end of 24. So I got to the end of 24. Meaning, he felt that he wanted to reduce the EMI. Meaning by making some repayment We

[24:30] We Then We I mean Which meant 1.5 lakh, that is, in January-February I thought I should change my strategy.

[24:47] I told you that my first year was I was not a strategy person. My I used to take 20-30 points directly. Then one year passed like this. then 24 I can change the meaning to something else. Is that what he thought

[24:59] So in that I realized that if I If you take a large quantity, what should I do first? I used to buy it even for the price of Rs 120. We What I was focused on right now was the expiry and Within is to trade the day before.

[25:14] Ok So even if my capital remains Rs 1.5 lakh So what was mine in that? I have in mind to pick up only the 25 to 30 rupee note. You were buying options, sir. Sir, I don't do option buying and selling.

[25:29] I saw only option buying and selling. So it required a lot of capital. The strikes I bought from 25 to 32 The price range that will be We And just to take one point sir

[25:45] to score a point 7000 quantity pick up within 10 days to cut off the trade Meaning bought at ₹25 and exited at ₹26. Yes, I immediately placed a sell order with in one two My trade would end in 2 minutes.

[25:57] Not SL So what was the risk, i.e. ₹25 if you buy Yes, this sir Your target is 26. yes sir yes That means if they come then 7000 and if they go then 1.5 lakh.

[26:13] You used to apply it, meaning you didn't stop completely, right? I am his It has happened that Tell me about him, he is Sir, this is the first time I am 25. I was picking it up so actually I directly

[26:26] Ok That market-like movement is happening, isn't it? He was going two or three times and coming back. 27 was going back 23 was coming back 27 was going While doing so, I kissed him five times. I was picking it up when I saw it.

[26:38] So you got success in that. yes so what happened in that sir I was about 10 10 yes so what happened in that sir I was about 10 10 The trade I had for about 10 days till the day By 11:00 I was completely in the green. 200000 10 days continuously sir

[26:52] Ok For those 10 days my trade was such that one It was going great, Sir. Meaning I took 1.5 lakh and invested 1.5 lakh. Meaning I took 1.5 lakh and invested 1.5 lakh. Kia Capital and had raised something of 23.5

[27:07] Suddenly he went up to 26 We So in a single trade I got about two and a half points. Had met. So that's something close to 18 to 1000. Had come. Well, in 10 days, sometimes my income is 24, sometimes 7000.

[27:20] Yours. Yes. So 10 days, I mean 1 lakh Approximately increased. Meaning Forest Meaning I earned up to Rs 1200 in 10 days. So that made me think that this strategy was good. Is. And that strategy was also good when I

[27:35] We Ah, when I went on the 11th day, the first trade itself We So he went into my minus so in that So what do you do at that time? Yes. So I cut at three points, not 24.

[27:50] We And what I mean right now is on my mind. What was that throughout the day I had five or six I want to take a point, sir. Just when it's on my mind I come to trade So instead of taking six points one time

[28:04] one point It would be good if we get one point each. Meaning Risk reward will be there only when stop loss is met are you putting till he is We

[28:16] We We Meaning, he is trying to get every point. I kept getting stuck again, I kept getting stuck, I kept getting stuck So that was my first loss, I think.

[28:29] Meaning, in a capital of Rs 1.5 lakh 94000 in a single trade Not in single trade, meaning to withdraw it. In the round, I mean, I had to do plus 24. Whatever your target was 5-6000, so he would have done it to me.

[28:45] Same day you lose Rs 94000 So I had put a 1.5, 94 Yes So then I didn't add 50 to it. Then I started it again from 500 and it started a little slowly. If that too gets finished while doing it, then it means

[29:01] We He earns 5-6 lakhs like this, little by little. We Meaning and I will have to reconsider my savings later. There is money. We

[29:13] I can see that right now, I mean, here it is. 4 lakh rupees from the loan I have taken. We 4-5 lakhs are gone and only 8 lakhs are left. And whatever it was, what I told you,

[29:28] So at that time there was some problem, so the family members has also helped me. How much did he help you at that time? I mean, my family members, my brother and father, about 3 We were 1.5 lakh So I repaid Rs 4-5 lakh.

[29:42] Yes, so I mean, out of 15 lakhs, I saved 5 lakhs. I had a loan of Rs 10 lakhs after paying it back and I had a loan of Rs 10 lakhs after paying it back and Now out of 10 lakhs, again my main thing was

[29:55] I mean 20 mean back if that were the case I Did he take a break of two-three days? If 94 Then I took a break for four days. We I put back the amount of ₹1.5 lakh which was mine I had a mutual fund at that time.

[30:09] We So back then I had a first few maybe ₹ lakh Ok So I did it back like that and then my I also invested that ₹1.5 lakh. Just a second, we the viewers will give it a little bit.

[30:22] Loss of lakhs Yes After that you thought you would change your strategy. and there is a one point strategy that The quality has increased and I will take a point and

[30:34] I will not place a stop loss and will trade. And it worked for you for 10 days. Up to Rs 1.2 lakh You made 1.2 lakh And then one day on the 11th day you suffered a loss. Now you had in mind that almost 24000

[30:47] I have to close this in green. In revenge trading, that 24% conversion is done. Yes Okay, so yours and then doing this, yours Yes That means he has lost Rs 8.5 lakh net take.

[31:00] That's my thought in A Beginning of 24 It is just a matter of two-three months. Good Then my major period came in April-May. What happened in that? Yes, actually in April-May.

[31:12] In April, I mean my job was So I was out for a bit. So at that time I returned Rs 1.5 lakh. I was actually fixed on that. 1.5 lakh rupees Don't apply it on top. I had a fundament that Not to invest the full amount. 1.5 lakh only

[31:26] To apply. It was being built for ₹1.5 lakh. That's why I said ₹1.5 lakh fixed amount Keep. ₹1.5 lakh and then one day I I have closed ₹15,000. Good He followed the strategy of only one point.

[31:40] After that you made ₹15,000. Yes. In just one single day. It means everything to me Screenshots and so on. Yes, I made the entire video. I uploaded the video on YouTube.

[31:52] Did. Okay, I understood. ₹15,000 to see that If I had green then I would like to see that trade Whenever I did something for myself, So how was the feeling at that time when ₹15,000 Made because it caused damage.

[32:05] We is not a big deal. He seems to be on time Yes So I never made a deal of 1 lakh like this 80,000, once mine was running at 60,000. Meaning till 24th April-May.

[32:18] And I remember that day. 16th May was my trading day sir. They What will happen000 Yes, at that time I actually invested capital I had ₹1.5 lakh, so I invested it. And at 10:00 I go to the office for my 1 hour.

[32:34] We So I used to take trades in between my work. We So I almost In five or six trades, each point I made was worth Work on the same strategy

[32:49] We And first of all, I got three points in this. Sir, we So I picked up something for 23.50. And we sold it around 26 of 27. So it is a matter of time and that is how we do it.

[33:02] I returned the same strike price. It used to come from 26 to 24 and go back from 24 to 26. It used to come from 26 to 24 and go back from 24 to 26. It was the same 22 something, maybe 2200 something. We So at the same price of that time I almost

[33:17] 50600 withdrawn means Took a call, sold a point. We In doing so, I had become worth Rs 50,000. 10 to 11:00. Yes. No, and there is still a lot left. They I mean there was a lot of transaction in the Den.

[33:33] The brokerage itself went up to Rs 14,000 at that time. Of Single Day. Yes. So at that time I waited till 1:00 pm sir I made my living by trading like this. Single day profit was Rs 1.25 lakh. Meaning you had invested ₹15,000 before this

[33:47] 12,25,000 ₹000 in a single day till 1:00 PM I had made it, sir, breaking that old record. But I got more greed in my mind. We That I will still do it for 1.5 lakhs.

[34:01] We So it was a big mistake to say 1.25. So it is a huge amount, isn't it, sir? But this When I was trading, I This amount did not feel like that much. It seems when a person starts making money

[34:13] Neither does the king understand trading So this amount of 1.25, Sir, I thought that Today do something Today is a big day, make it a stormy day Even if you take up to 1.5 in that, and from my friend My friends were also trading in the conversation.

[34:27] Good He was earning Rs 15,000 a month from trading. That too in stock trading, I mean He came with me And they saw me, my child. It was my birthday, so at that time I

[34:39] Ok So my daily profit was Rs 14,000. Then he saw my gold ring in it. etc., all that was good, birthday etc.

[34:51] I was actually doing it with him. Then he saw that he was talking to me. If I and I did something like this with the stock, then today It's going well. Then I showed him We So I had something like 14,000 that day. We

[35:05] I mean, if it was in green then how could he take it like this? So people were thinking that trading will help you Life is changing and it was visible Yes, I was seeing it and I was earning it too. So he asked me how to do this. Then I taught them two or three things.

[35:18] Four or five people were my friend circle. So I taught them the same thing and told them the same thing. So I taught them the same thing and told them the same thing. That it's better than it looks That it's better than it looks It is 100 times more dangerous, so they also learned it.

[35:31] He also suffered a loss of Rs 5.6 to 5.6 lakh. About We stopped that Okay, let's go back to that day ₹125000 Now you take revenge What happened to me now, after a quarter and

[35:46] Ok Same quantity 7000 8000 quantity and That trade went wrong in my head. Meaning the reverse has happened again Ok So that 8000 that you said in a single trade

[36:00] That if there is one point then it comes to 8000 What will you do if the returns go wrong? So that just happened, that means before that It had not happened to me So if he returns then he directly There was some movement, so that was about 40 minutes.

[36:15] It became almost plus, meaning it decreased by 1.2 would have been mine Good I mean, I was completely upset, then I thought We So then while doing this again, I cut it.

[36:29] We He does it slowly and gradually reaches zero. Went. He is also running minus from zero. I said that this much has come now, so he You don't let me go, sir. If 1.25 to me It looks like I mean everything was closed.

[36:43] I have. I turned the screen back on and a second After taking the trade, my There was a complete loss. So that was my capital. We And in the middle of work, a little bit of that meaning

[36:58] To see means to see. But he is sharp What happened in the movement, that was the complete meaning of a Sir, in one stroke, he said 8000 quantity, so everything He came in the return above We Then my mind went back to 1.25.

[37:12] Plus was You had booked the house for Rs 1.25 lakh that day. had to control Two hours had to be controlled Then your loss will slowly increase. It's 40

[37:24] From Meaning around 1.5 lakh 1.65 yours went yes Ok Then whatever I had was returned to me through mutual funds.

[37:36] We So again I added something like 3 lakhs to it, sir. Yes at 1:3 I do averaging ok he will run away yes yes I actually what I mean if

[37:49] Suppose I had taken Rs. 25, then it was around Rs. 10 had come close to So I said if I do something average then that The 25 one is about 17 18 so even if it came seven There will be movement at eight points. But this is wrong, yes my calculation is wrong.

[38:03] will be. I put back we So that was my worst day. 3:30 pm So that was my worst day. 3:30 pm Till mine on my screen was showing in red. Meaning he had become completely zero.

[38:17] My capital is zero plus 3 lakhs. That too is zero. So net and came you No sir, that's what I am saying. 1.25 plus was That converted to -4.97 We earned around Rs 5.25 lakh. Sir

[38:31] My God So that was my The Great Bolo Over Trading. Meaning, due to over trading, my biggest This was the biggest enemy, he was over trading. Sir, otherwise I would have three or four trades every day. The trades were going successfully, sir, meaning until

[38:48] We I turn green every time until 11:00 in the morning. So I remain in green for 8 days sir. I was only two days old and I got Rs 8000. Los was in loss. But 8 out of 10 days Day I lived in Green. When I was 11

[39:04] Day I lived in Green. When I was 11 When trading after 12:00 After 1:00 pm, then after 3:30 pm, I mean Then again, at that time, my biggest meaning was only one. Then again, at that time, my biggest meaning was only one. There has been such a huge loss today. And that in 2425

[39:17] My small losses after that Were. Meaning 24 sometimes also means 60,000 So, net loss of Rs 13.5 lakh that year also. It's done sir. Well, a little bit of it I will stop you from losing Rs 6 lakh. at that time

[39:32] Whatever happened that day at that time, your day It was going very well, it was your best day. means a lot And the best day of your trading career It turned out to be a very bad day for 125000 From profit you incurred a loss of Rs 6 lakh.

[39:45] Exactly Sir, actually what I meant was my point. I was at work, where were you at home? I was at work, sir. Yes. I was disturbed, I mean he and

[40:02] My friend told me we were having a conversation 1:30 Till 10 pm, that's mine, I call them, that means theirs How much did the call cost? How much is it? So I I used to tell them whether it has become 60 or 80. He will definitely break the record. So then I Record means I even reached 125, sir.

[40:17] that I have deposited Rs 12,25,000 I earned the day's money. And that too with Rs 1.5 lakh capital. My four I earned my monthly salary in one day. Made four months salary in one day but 2 Lost my entire year's salary that very day.

[40:30] Well, one thing that is a year's salary in one day Think about it, sir. It's a big deal for anyone if If a person's 2 years' salary is spent in one day If I leave then it will be a big shock. At that time, I mean, when I went home, someone

[40:47] I did not talk to him at that time. that day I still didn't know anyone. Actually, I mean this much I am trading dangerously, I mean this So in the evening when our friends mean in the evening

[41:00] We used to meet to see what happened today and so on. He said that today you are 1.5 brother You must have lost a lakh, so I gave him something. I said no, I showed it empty, they were also shocked.

[41:12] I mean, Sir, I tolerated that I He said okay, I lost one on myself. I will take responsibility and not blame the market. I am giving you that market price, Sir, which is equal to 1.25.

[41:24] absolutely, absolutely he That is your greed. It doesn't happen. no gap. So that's my fault I converted 1.25 lakh to 5 lakh means Six total which was my overall so about 6:25

[41:39] 6:25 That of Single Day. Then I went in the evening When I showed it to him, he said, my brother. So the hand itself would tremble. After seeing me so much So the hand itself would tremble. After seeing me so much Something would have happened to me. so how are you

[41:53] have money We Isn't it more important than life, if it is money? If something comes to mind, what should I do? We That we can do it with him and this can also happen

[42:08] Can mean something big can also be made and I am the one earning the money, so I If I lose it, I will earn it back once. Accordingly, I left that and then that time So I actually stopped everything for two-three months. Gave

[42:21] We and back again now My family gave me back the loan amount. The offer came, sir. good again In the mid-20s, I was back and this was on time.

[42:34] I got a big offer sir. So whatever you told me, ma'am, I told you. I took a loan of Rs 5 lakh and took it for Rs 5-6 lakh. Crore loan and these two-three lakh were given by the family members. We So then I got another loan in the mid-25s.

[42:49] The offer was made. Meaning, why buy it from one place? From? We were offered Rs 7 lakh each. 3.5 lakh refunded from a credit card One became 288 So overall how much loan did you take at that time?

[43:04] 31 31 lakh rupees that loan Meaning, this is the loan of Rs 15 lakh that you had taken. Apart from that, he took a loan of Rs 31 lakh or Yes, out of that loan of Rs 15 lakh.

[43:18] I I had Rs 7-8 lakh left. Yes I repaid that from that. yes yes Ok

[43:31] So While doing this, at the end of 2425 As we come, we My loss was around Rs 13.5 lakh, sir. In? My total loss went up to 25 in 3 years sir.

[43:47] You have incurred a loss of Rs 25 lakh in 3 years. And you keep taking loan after loan in the hope that But something happened Yes, what happened at this time, sir? actually he Meaning, a little bit to close that loan.

[44:01] He took a loan to do trading. So, after increasing the loan, now it is 30 lakhs. Out of that I mean the EMI which is going on now Sir, I am saying everything together Sir, I am saying everything together So the current EMI is ₹130000

[44:15] Your EMI was ₹66,000 earlier, now it is ₹1,300. EMI What is your current salary? It is 40,000 now. So how are you paying that EMI now? Because if your salary is 40,000 And your EMI is ₹1,300. Sir

[44:29] If you spend your entire salary on paying your EMI Even if you give it, where are you getting ₹0000 from? So right now Sir, actually I first Se hi means double double means a little bit outside I also work for. means friend of a friend In this

[44:41] Is. I work at two, three, two, three places. Ok. So how much do you get from there? So 40, 50 comes from there also. My basic motto was that the market Even if you get 20, 300, 400 from it, it is still a lot.

[44:56] This thing of mine and what I have said, yes, there is one in it My motive was that I bought it for Rs 30 lakh. I should invest it somewhere else now. get some real estate We Or if I take something, my rental income from it

[45:09] It will happen or in a couple of years I will tell him that Sell ​​it and earn a profit of two to four lakh rupees. I will close that loan. We And that's 1330,000 now. And that's 1330,000 now. Some of that was in my mind that he

[45:23] Meaning that it should also give some return. Ok Was Otherwise, I still don't understand it. Yes How are you able to reap because ₹0000

[45:36] Let's get 500 extra sources of income. You are earning Rs 400, that is your salary. Where are you getting the remaining 40,000 from? No, yes sir, that's what I just now Are you still trading? The whole thing is closed for six months now.

[45:50] But that is such a huge amount right now. I also had cash. 30 lakhs now I took some money from it worth 6-7 lakhs. Repayment made. Repayment made. Whatever I had taken from my family, that is Rs 3.1 lakh.

[46:02] I returned that too close to home. To those who means we So, my share of Rs. 10-12 lakh is Rs. 10-12 lakh. That he had gone away. And later, I have now I have kept some savings. this loan

[46:15] Meaning the EMI So I have that repayment of Rs 15-16 lakh. I have kept for us So as I get the source of what I give you The less of it is growing then that I I am depositing from my savings right now

[46:29] You have prepared the old raita and now you can clean it. to do Sir, I have to do the same for 3 years. I mean, the one who does not have a loan of Rs 30 lakh right now. That's what I have to do right now, Nikki Neel. I stopped trading for six or seven months.

[46:42] So will you trade further or not? You will manage the loan of Rs 30 lakh in some other way. We That you should not trade for 2 years. We Meaning, until this amount of Rs 1.3 lakh is fully paid

[46:55] We When I become duty free Then I'll get back to trading. Well, let me give you a suggestion in this. I want. It is very important for everyone. Listen carefully. Like you said, friend

[47:07] I used to do option buying. and option buying Why did he do it? Because the capital is forced Was not there. So that's why I started option buying. Earlier I used to charge a premium of Rs 120. I charge a premium but the quantity

[47:20] I will increase it. Now look at the one in 2025. There is a premium, it is out of the money. What is an option and an out of the money option? Big people sell it by force. So eventually if you are buying then you You are going against a big player.

[47:34] And the more in the money options are 10 There are only seven or eight zeros. You You might have noticed it too. So if you are this one If you are following the point funda then here You are also here and may be you feel this If it is working then you need to stop at one point

[47:49] Had to finish by imposing a loss that there is 1 forest Either 7000 will come or 7000 will go survive So one day he had to come where he This day will pass So one day passed

[48:03] So this is your learning, not whenever you You start now as much as you want me to. He told me that I understand this. That you lacked knowledge and did not have awareness. So you have caused a loss, so in the future when you Start first thing

[48:16] Sir, this is mine Now you have to start only with your own money. So think for yourself whether you have achieved this thing in 21 Started today we are sitting at 26 5 years He went away and did nothing. The only thing that happened was that there was tension on my head.

[48:31] Yes The hair on the head turned from black to white Isn't it true that tension would be different, stress would be different. It would have happened and nothing would have happened Every day that means that of a man There might also be a regret that I came.

[48:43] Why would you regret that you came at all? So it's best if you restart. If you want, I will definitely give you a suggestion. That you leave the mutual funds that you have They were investing by doing all that Build wealth gradually and you will get some returns.

[48:55] It will also be visible, otherwise think for yourself if you are in this 15 If you had taken a loan of Rs 1 lakh 5 years ago, you would have invested in FD. If you do it then you will get Rs 20-225 lakh instead of Rs 15 lakh. There would have been some increment, although that They take more interest from you than that. So there's no benefit in this and one more thing

[49:10] I wanted to share what you said. with the audience. You said I'm not like that That I did not make any profit. I am in 10 I used to make seven to eight times profit. You have 10 Made profits continuously throughout the day. But 10 days You lost the profit of one day.

[49:23] Pursuing accuracy in trading How many of my trades are correct, how many of my trades are correct The trades must be correct. In trading Accuracy just doesn't work. Your risk Only management works. And you too The one who drowned followed risk management.

[49:36] Didn't do it. So your money is drowned. That's if you manage risk, Recover your losses on time and with accuracy I don't run after you that every day I get everything It also happens that that someday the market is such that brother

[49:49] Whatever you do that day, you will not make any profit. Can make. If that acceptance is within us If he had come, he would have made money. Well, so much was happening. a little I will pause this. Meaning your 15 lakhs There was a loan. Then you got a loan of Rs 30 lakh.

[50:02] Due to trading you got stuck in the quagmire. Your EMI goes up to Rs 13,35,000. your salary Your EMI goes up to Rs 13,35,000. your salary It was 400. There was a lot of pressure in the mind. Very Something must be going on inside. told the family Didn't tell. The family did not know

[50:17] Was. Have you ever shared all this? No, the family actually got the figure that was Meaning it is so much etc. But I knew it was so intense. He was intense and seemed to be under pressure. Is. So that's why he told me to

[50:30] The thing is. How did your family support you at that time? What was their reaction to that? They made me think you were talking. Not that profit is being made, that is happening He remains like this, he says, ultimately

[50:44] Isn't that a loss, I mean four days. you see it And on the fifth day, this happens in loss. And these big people like us We So shut it down

[50:57] So then I took that suggestion too, so I stopped. I did it in the middle Then later I said, little by little, day by day By stopping, I mean I took a little break, right? And after taking a break, I just did I was, but I'm not as active as I used to be.

[51:10] We I was a little more active at 24-25. We And then coming back to 2526, I'm a little bit less. I'm still trading and still in loss. Actually, in 25-26 also my previous

[51:25] Financial year around 5-6 lakh So Vicky Bhai, when you are continuously losing for so many days If you are in me, then what do you find inside you? Believes that money will be made in this way We So you don't think that my friend feels

[51:39] It is wise to remain silent Pack your bags and move on. This is my yes no sir, that's why I just What did you do that it is my second source of income? Ok. And right now I have stopped trading.

[51:53] When I have never seen Net PNL yet It was sir. Good Meaning it is going on, it is going on, doing it like this 3 Years have passed before me, I recently I saw that he had gone around 25 out of that Brokerage was Rs 2 lakh

[52:07] 2 lakh brokerage gone And there was a net loss of around 23 There was a loss of 25 lakhs Yes, yes, there was a total loss of Rs 25-50. Yes, yes, there was a total loss of Rs 25-50. And you have suffered all this loss from the loan money.

[52:22] You told me that the family had I supported you and told you that the money is for the family. to give you money Whatever little gold he had was also sold. Whose gold was it? I also had some 10 grams and took it home.

[52:35] did not give Which was on the surface, meaning which we could sell. Which was on the surface, meaning which we could sell. Yes, I mean I had one ring and the other one was 220 Yes, I bought it with my trading money. The gold went into that.

[52:49] So that means How much gold has been sold in total amount If it was 20 grams then it was worth Rs 72000 at that time. So, you have gold worth around Rs 1.5 lakh. Something had come. Family sold gold To eliminate trading losses.

[53:03] He sold it for cash. I even gave cash My brother had given me around ₹1 lakh. By the way If I had accumulated around Rs 3 lakh and I had some money so I took a couple of loans. I closed it and later the next one He took a loan and closed it but the loan

[53:17] So actually that is wrong. This is absolutely wrong. Loan to loan to loan This is absolutely wrong. Loan to loan to loan Is. Then now this loan this loan is yours now I have to close this loan sir. And I won't be trading. Just now

[53:30] My focus is that I will stay in the next 10 months. Went out of it. I am currently in my 25th month. We My EMI till the 25th month Now? 22 23

[53:44] My God, I mean if you are taking a loan of Rs 30 lakh And after three months or three years you can repay the loan. If you are, you are almost 10 11 My. Only 11 lakhs are going more. 42 lakh rupees

[53:57] You are giving that around. And 11 lakhs then you If you are not making money from your salary Yes sir. Okay, tell me this much, Vicky Bhai, Okay, tell me this much, Vicky Bhai, You are right, whatever went wrong, went wrong. Very

[54:11] You incurred losses in trading and took a loan. Took. You told me about your family. And I want to stress this point because Because first of all I salute you. You are telling me.

[54:24] Also with those who will watch this episode. The little one is running. People don't have the courage to start a family No sir, this is But you tell me that family care

[54:37] What is it and after sharing it with the family Did you get the courage or not? We are Sir When there was a loss of Rs 6 lakh at that time My face itself was telling me that something Even then if there is a problem then it means it is with someone Don't talk and I will tell you at that time

[54:52] Meaning I should have told you at that time. The ringtone that was set was of Shri Krishna's fluid We I had made that fluid my ringtone Yes So I feel a little peace

[55:04] Good after a loss Yes, so that means that and then I something Man remembers God after loss that of the podcast Otherwise what would have happened, Vicky Bhai? When money is made, the man is like Harshal Mehta.

[55:17] yes sir And when the damage is done, it comes back. The person becomes spiritual. yes in that Then I also read some motivational speeches. It is necessary at that time So every every every every every everything I believe this

[55:35] Absolutely And whatever problem you are in Time will pass, whether it is right or wrong Yes, that time is running out two all Whatever is going on is very good and our

[55:51] The salary in the city is decent. Salary means that loan was ours. everything was going well Everything was there but what I believe is that everything Growth is about doing something great, that's his Because I mean so much

[56:06] that there should be growth I should have normal growth. Is Because there is a saying and it is in English. There is a saying that when you are born you look Like Your Parents

[56:21] So you look like your parents. But When You Die You Look Like Your Decisions. When If you die, then what is your face, What decisions have you made in life? Pay is decided. So it's perfectly fine to think big. But your

[56:35] Paying Attention to Risk What is my capacity? And I always say that from Borod Money Money is not made. If you don't tell me Now Vicky Bhai, I will do one thing brother I will give you 10 lakhs. Will you to me

[56:48] Make that profit and give it to me. I am writing to you I am saying that while for the last six-seven years I am consistently profitable from it. I am your I may not be able to make money with money. The amount is not for me. But why should you tremble? because it is your

[57:03] There is money. You can ask me questions about that. Will you do it? Right? That's responsibility and that's money. But I have to answer you. So if you want to trade, with loans and so on Do not trade. Fast escape What happens in me is that the person is in the middle

[57:17] He gets injured. My family members are also saying the same thing that you The faster he is going, the A little break will do the trick. that happens It happens.

[57:30] Hey, what was mine? What I felt was that That was already my motive, sir, actually. I have to work till 42. Who told you all this that till 42 What will you do after that? No, I mean relax sir, I mean no tension.

[57:47] No. And if you don't do anything. I am saying the same thing Was. I was just wondering if nothing else If you don't put the money somewhere then 20 it was awesome. You had savings of Rs 20-2 lakh in 5 years. Now

[58:00] By doing this you could have created a big property. Sir, my two BHK was included in this. Same is the case with humans and trading. It happens. When a person trades, not only Thinks about profit. Los K Doesn't even think about it. So Los's

[58:14] Take it with you. If we take the worst case scenario If it doesn't work then brother, trading will be done by many people. has been ruined. And in this you can Can't even blame someone because I haven't told you. Invest this much money. Any He has not told you to take a loan. All this

[58:29] It happens. Okay, fine. Whatever you did, whatever you You are bearing it, I have full faith in you Seeing the confidence that you have outside of it And getting out is also very important and These stories will come out in the minds of people.

[58:43] At particular times it feels like everything is over Has gone. Life is over. Everything is useless. Many people bring suicidal thoughts. But that You just have to go on time. Your friend, friend

[58:55] Lighten your mood with someone in your family. For them Tell me. Nothing will happen at that time. at that time But the problem will remain the same. But yours Mentally you become a little calm Yes. I just want to ask you one last question

[59:09] I am Vicky bhai before we wrap up that if If someone new is coming, then I have two questions. If someone new is coming, then I have two questions. Are. First, according to you

[59:21] Should he trade with ₹ lakh, ₹ 3 lakh? Needed? first question. Secondly, what loan does he have? The experience was not that good. So this What do you say about this? What do you say about this? Yes, so listen to the answer to the first question. if his

[59:34] Yes Ok. Yes So he should easily earn Rs 2 lakh.

[59:46] I put a small amount from it. if made It doesn't matter if it is not made. Yes sir. Yes sir. out of 2 lakh if He will have proper knowledge So he can easily make 10,000. Proper If you have knowledge

[59:59] of the day I will still call you Vicky Bhai, yours Yes Still your psychology is not right. To you I don't know the reality Vicky Bhai. And me I am saying this because we trade

[1:00:12] Are. You, you, that's what I'm saying, if you do this Answering the question that with a capital of Rs 2 lakh You will earn Rs 10,000 per day. If you spent these 6 months I would say, yes Vicky Bhai, you are right. Are you speaking. This is what you are talking about today

[1:00:26] long term talk And it does not last long. It doesn't work. You will make 5% a day and you will do it for 6 months. Can you continue or not? So When you are making money in trading, you

[1:00:39] Think about the amount of money I'm targeting. Am I doing this for 1 year, 2 years, 3 years, I can continue for 10 years. If the answer Even a slight noise is coming, which means it is possible. So that's what I'm saying in trading. 2% 1% 2.5% 3% became of the month. of the month

[1:00:53] Because you yourself think that if it is so easy If money could have been made from this then the fight going on here right now Down between Iran and the USA Wires are laid in the sea. so much Do you lay it under the sea? These people also They say, brother, take the money and trade for the day.

[1:01:08] They say, brother, take the money and trade for the day. Make 5%. No, right now, sir, if You can start trading only if you have Rs 30 lakh. Come. I believe that if you have 2 If it is only one lakh then you should not even think about the meaning. 2 Better to keep it in your savings account than a lakh

[1:01:22] Or keep it in a mutual fund. it will be cool. That's what I believe right now it will be cool. That's what I believe right now that trading will only make money if you When you are stressed about EMIs You will not be able to make etc. etc.

[1:01:36] You can't make it. And if the capital is Rs 2 lakh If yes, then your capital is Rs 2 lakh. You should know the risks That monthly cheque to me and the PNL cheque

[1:01:50] You should continue doing your 10 day PNL. I should check if I am going in the right direction or not. And you should decide your strategy. We We Only then can you use those 2 lakhs, otherwise

[1:02:02] You cannot use it, that is, if it is only 2 lakhs If it is there then it is no, it is the biggest no. You mean to say that capital of ₹ lakh Only if you have a capital of ₹ lakh And if you have 20 lakhs, you are investing ₹ lakh from that. So there is no problem

[1:02:15] And you don't have to take a loan at all. Don't even bother about loans. Don't even bother about loans. Whoever takes a loan, firstly EMI Like my experience in 10 days If the profit is gone for 11 days then I

[1:02:27] So do not trade with loan money. Needed You are also taking a loan of Rs 5 lakh or Rs 10 lakh. You feel very heavy interest on it Even if you make that much in trading in a year It's very good

[1:02:41] Yes, and companies with loans will have this habit. That she will call you every time and tell you You are getting a loan, you are getting a loan. Getting a loan is easy but repaying it is difficult. Getting a loan is easy but repaying it is difficult. So Vicky ji, you spent almost 5 years, 6 years.

[1:02:53] In those 5 to 6 years you gave to the market You incurred a loss of Rs 25 lakh and Rs 30-40 lakh. Trading has dented you a lot somewhere. Has any new person entered this market? If I am coming then what are three or four such things

[1:03:06] Whatever you have suffered, you will Want to give advice? Want to give advice? Yes sir. The first thing is that Do not trade with borrowed money Needed Meaning we are in the business of loans

[1:03:21] Get into trading only if you have your own money. Needed And secondly, over trading means We So maximum two or three trades a day If you trade too much because of that If you do it, that is also dangerous.

[1:03:36] And the third one is stop loss. So actually The problem I faced is that I set my stop loss Must use it. And without movement, he is your shield. Absolutely. Many people have stop loss I think what is the need for stop loss?

[1:03:51] Yes sir. Trading if you don't place a stop loss I won't be able to survive anyway. And Fourthly, there should be discipline in it. Fourthly, there should be discipline in it. That and discipline and greed, this means basic

[1:04:04] That's what you need to do for trading. If you are feeling greedy, you should Absolutely. If greed comes into trading then it is completely goes over. It's been so long for you, you've

[1:04:20] damage done, whatever happened, anything What do you regret? They He does it a little by saving and a little by you are speaking So I'm going to learn it now.

[1:04:35] I mean, two, three, two, right now this is my first focus. So this is that the loan remains closed for two years. We Even after that, if you want to do it then stop it. Loss Proportion and Risk Reward Proportion The ratio is different and what I think is that this much

[1:04:51] Ok. If the value of money is a little more, then It's good. So if you see more then That too is problematic. Ok. Thank you very much Vicky Bhai. you came You shared your story with all of us. I

[1:05:06] Hope the public also learned something from this story will be. Tell us in the comments what you What did people learn? And one more thing I I'll see that in the last few episodes. what do people do not this man It will improve. He made this mistake. Look at you

[1:05:20] I have made this mistake. Yes. So you can tell him about it in the comment section. Don't point out the mistakes. You tell him that his He had so much courage inside him that he came and He told his story and told other people has been saved. Somewhere I complete

[1:05:34] I am confident that the youth who will benefit from your story today This is a generation that will be inspired. she will listen She will understand that yes friend, if I have to go to the market If I have to come, what things should I take care of? Will have to keep it. Thank you very much Vik Bhai.

[1:05:46] Will have to keep it. Thank you very much Vik Bhai. Thank you sir