stock trading: 'One mistake can ruin your life': Former JP Morgan consultant shares horror tale of investor who lost Rs 1.4 crore in derivative trading
Aditya Singhania, a former consultant at JP Morgan, shared a cautionary tale of a trader's journey. Starting with one crore, they made a net profit of one crore in 2022-23 but lost over 1.4 crores the next year. With substantial losses and hefty expenses, Singhania warns of the challenges in full-time trading. User reactions emphasize the importance of caution and risk management in trading.