AI Summary
A security guard recounts how he lost ₹8–10 lakh in trading over 3–4 years, funded partly by his mother selling gold. He shares his initial overconfidence, a ₹10,000 online scam, and the emotional toll after his father's death during the pandemic.
Chapters
He initially felt trading was easy and a game, investing wherever the market seemed to go.
Lost about ₹8 to 10 lakh in 3–4 years, while his annual income was not even ₹1 lakh; his mother sold gold to support him.
His father died suddenly during the Corona period, leaving the family's security work to him.
He watched social media reels showing people from poor families suddenly buying cars and homes, which motivated him.
His biggest profit in a day was followed just 3–4 days later by a scam.
A person messaged him claiming his money doubled in 10 minutes; after sending ₹10,000, it became ₹17,000 but he was asked to send more to withdraw.
With ₹1 lakh capital, he'd be satisfied with ₹15,000–20,000 monthly; the narrator notes no business grows 200% per year and 90% of what you see is false.
He earns ₹8,000/month as a security guard and admits he lacks control even when making a profit of ₹8,000 in one trade.
The interview is a stark reminder of how retail traders can lose everything — savings, family assets, and confidence — when they chase quick profits and ignore scam risks.
Study Flashcards (8)
How much did the security guard lose in trading over 3–4 years?
easy
Click to reveal answer
How much did the security guard lose in trading over 3–4 years?
About ₹8 to ₹10 lakh.
00:15
How did his mother help him financially?
easy
Click to reveal answer
How did his mother help him financially?
She sold some gold to support him.
00:15
What happened to his father during the Covid period?
easy
Click to reveal answer
What happened to his father during the Covid period?
His father died suddenly.
00:29
How did the scam start?
medium
Click to reveal answer
How did the scam start?
A person claimed his money doubled in 10 minutes; after sending ₹10,000, it became ₹17,000, then they demanded another ₹10,000 for withdrawal.
01:08
What monthly return would the guard consider enough on ₹1 lakh capital?
easy
Click to reveal answer
What monthly return would the guard consider enough on ₹1 lakh capital?
₹15,000 to ₹20,000 per month.
01:36
What does the narrator say about 200% annual growth and what is true?
medium
Click to reveal answer
What does the narrator say about 200% annual growth and what is true?
No business grows at 200% per year, and 90% of what you see is not true.
01:36
What is the guard's monthly income as a security guard?
easy
Click to reveal answer
What is the guard's monthly income as a security guard?
₹8,000 per month.
01:50
What did he realize about making a profit of ₹8,000 in one trade?
medium
Click to reveal answer
What did he realize about making a profit of ₹8,000 in one trade?
He lacked control even when making such a profit.
01:50
💡 Key Takeaways
Loss of ₹8–10 lakh
Reveals how a low-income earner can lose a fortune over a few years, with family assets sold to cover losses.
00:15Doubling scam
Concrete example of a common 'doubling' scam that trapped a desperate trader.
01:08No 200% growth
The narrator delivers the core warning: no business grows 200% per year and 90% of what you see is false.
01:36Income vs control
Highlights the gap between profit potential and self-control, especially for low-income traders.
01:50Full Transcript
[00:01] red candle is coming then put it down. This is how money will be made. In the beginning, I earned income once or twice and then I felt that this is trading. It is so easy. This is a game. Invest the money. Plant it wherever the market is going.
[00:15] lost in trading? So far, about 8 to 10 lakhs in 3 to 4 years. That means your annual income is not even Rs 1 lakh. And you have almost lost ₹8 to ₹1 lakh from trading. Mother also supported me by selling some gold. We but
[00:29] now even that is not left. My father died suddenly during the Corona period. This
[00:42] security work that I do, my father used to do it. watch a lot of reels that yes, someone was from a very poor family. Suddenly
[00:55] took the car. Someone took it home. What was your biggest profit in a day biggest profit in a day for me. But just three to four days after that, my you faced any scam in trading that you want to share with the public?
[01:08] in trading that you want to share with the public? it was doubled in 10 minutes, so I also sent a message to him and ended up giving him ₹10,000. So in the next 10 minutes he messaged me back saying your money has increased
[01:22] from ₹10,000 to about ₹17,000. So you send ₹10,000 more only then you will get the withdrawal amount. So I understood that sir, I have been scammed. Now if I ask you that today I will give you ₹1 lakh capital. So
[01:36] what will be your monthly return expectation that if I get this much return then Even if you earn Rs 15,000 to 20,000 monthly, it is enough. There is no business in the world that grows at 200% per year. First of all, 90% of what you see is not true.
[01:50] What do you think is the biggest mistake being made ? I get ₹8,000 per month as a security guard. But even if I make a profit of Rs 8000 in one trade, I do not have that control. I keep
[02:03] Do you think trading will do anything or do you think I should quit? In the area I come from, I don't think
[02:18] What does mother say now after doing all this ?
