Father of 4 Kids, Lost his Business in Overtrading Options | Losses & Lessons Ep-21

This Losses & Lessons episode isn’t just another loss-making hope trader story. It’s the story of Mohsin, a small-town businessman from Jagtial, Telangana - about 200 km from Hyderabad - who built his life through hard work, discipline, and craftsmanship…until the stock market came into the picture. Remember - he is not a trader but a hope trader. Before trading, Mohsin ran a modest furniture and mattress manufacturing unit with around 25 workers. His business was stable, profits decent, and life balanced. But one conversation changed everything. One of his workers casually mentioned - “Sir, I made ₹100 from the market today.” That one line triggered a storm. Mohsin thought - “If he can, why can’t I?” Soon, ₹1 lakh went into the market, then another, and then another… until he found himself ₹40 lakh in debt. How did it begin? It started small. On his very first day, he turned ₹256 into ₹24,000 - a lucky strike that rewired his brain. He thought, “If I can make ₹24,000 from ₹256, I can make crores from a few lakhs.” That was the turning point. The next few months became an endless loop of hope and despair. Every morning began with optimism, and every evening ended in regret. A few trades in profit, followed by overconfidence, and then the inevitable crash. “I used to wake up at 6 am for my business. Now I wake up at 8:45 am — for the market. But earlier, I used to earn. Now, I only lose.” He lost control. His brokerage charges alone crossed ₹7 lakh - enough to remind him who the real winner in his trading journey was. By 2022, Mohsin had almost shut down his business. Machines stopped, workers left, EMIs piled up. He was once the man who gave 25 people a salary. Now, he borrows ₹10,000 from friends just to trade another day. It’s not that he didn’t try to stop - he just couldn’t. Because every hope trader looks for that one profitable day that keeps you hooked… “I once made ₹2 lakh in a day,” he said. “That day never left my mind. I spent two years trying to recreate it.” Why Did He Lose So Much? 1. Tips & Account Handling Scams - He fell for multiple unregistered advisory scams. Paid lakhs in “premium fees,” got fake promises, and was ghosted. 2. Loss-Recovery Mindset - Every time he lost, he increased his trade size. The classic gambler’s fallacy: “One trade will fix everything.” 3. Overtrading - 40 to 50 trades a day, every small candle looked like an opportunity. 4. No Learning, No Mentorship - He admits, “I came to learn, but no one taught. Everyone sold dreams.” 5. Emotional Numbness - He says, “Earlier, if I dropped a ₹500 note, I’d panic. Now, I lose lakhs and don’t even feel it.” When did he realize? It wasn’t just about losing money. It was about losing peace, purpose, and identity. Trading had become a substitute for self-worth. By the end of this conversation, Mohsin finally agreed to close his trading account and return to his business. A symbolic but powerful decision. Mohsin’s story is a reflection of what’s happening across India - hope traders chasing quick money, believing fake profits on Instagram, ignoring the process, and burning through savings. His journey reminds us that the real trade is between patience and greed. And patience always wins - but only if you stay in the game long enough to learn. This is not just about loss. It’s about realization. And that’s why we call this series “Losses & Lessons.” Fill out the form to appear in "Losses & Lessons" Podcast - https://shorturl.at/8ChN4 Have you been scammed? File your complaint at - https://aseemjuneja.in/ Install Stock Pathshala for LIVE classes and Webinars now: https://play.google.com/store/apps/details?id=com.codeclinic.stockpathshala&hl=en_IN iOS App: https://apps.apple.com/in/app/stock-pathshala/id6566178182 Join Our Whatsapp Group: https://www.whatsapp.com/channel/0029Va5uiyqGufIvVfGbnG1m 0:00 Promo 1:00 Who is Mohsin? 3:30 Entry into Trading 6:55 Losses Mohsin made 7:58 Financial Burden today 11:55 Tales of losses 13:04 Expectations from Stock Market 15:27 Account handling Losses 17:20 Impact of Trading on Business 18:57 Advice for Mohsin 20:49 Issues in Trading Mindset 25:28 PnL discussion 29:50 Changes in Life after Losses 32:19 Present Scenario 38:15 Final thoughts