A Trader's Journey

He Kept Trading After Losing 30 Lakh, Why? | A Trader's Journey Ep 01

The first episode of this series steps away from frameworks and rules for one honest conversation with an ordinary retail trader, Lituna Mallick from Odisha, about how a one thousand rupee test deposit turned into close to thirty lakh rupees of debt. He lost his fintech sales job during the pandemic, found trading on his phone in 2021, and followed the path so many beginners follow without realizing it, Telegram tip groups, a paid course that used a strong buy or strong sell label as its entire signal, and a slow drift from stocks into options where the losses moved faster than his understanding of them. What makes the account valuable is not the size of the number, it is the honesty about where the real damage happened. He is candid that the technical side of trading was never his actual problem, it is the psychology, the part that quietly disappears the moment the live market opens no matter how much he has studied. He has since repaid around twenty lakh with help from his family and a steady job, still carries ten lakh, and continues to trade small size in Nifty options while working on the discipline that was missing the first time around. SEBI's own data shows more than ninety percent of retail derivatives traders lose money, and this episode is what that statistic looks like from inside one person's actual decisions, including the specific position sizing rule he now believes could have changed everything if he had followed it from day one. It closes not as a cautionary tale to feel superior to, but as an early warning system, so someone earlier in the same loop can recognize the pattern before the debt does the recognizing for them.