---
title: More Than ₹70 Lakhs Lost
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last_updated: 2026-09-08T06:29:18+00:00
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---

# More Than ₹70 Lakhs Lost

Trading Took Everything: More Than ₹70 Lakhs Lost & **& His Mother,Friend & Wife**
----------------------------------------------------------------------------------------------

How much can a person lose while trying to make quick money from the stock market?

### For Yatin from Chandigarh, the answer is **more than ₹70 lakhs** & **& His Mother,Friend & Wife**

But the biggest loss was not the money.

According to his interview, trading affected his **career, marriage, relationship with his family, mental peace and friendships**. He also describes experiencing severe emotional distress and suicidal thoughts during the worst period of his financial crisis.

His story is a powerful warning about what can happen when trading changes from an activity into an obsession—and when borrowed money enters the picture.

> **The real danger is not simply losing money. It is continuing to trade because you believe the next trade will recover everything you have already lost.**
> 
> ---
> 
> ## From a Stable IT Career to a ₹70 Lakh Trading Loss
> 
> Yatin was an IT engineer with a good job and salary.
> 
> His financial journey initially looked relatively normal.
> 
> In 2019, he started buying stocks with his salary. He had around ₹2 lakh invested in shares.
> 
> Then someone introduced him to options trading.
> 
> He was promised that he could make **₹10,000–₹15,000 every day**.
> 
> For someone earning a monthly salary, ₹15,000 in a single day sounded extremely attractive.
> 
> His first successful trade created a dangerous impression:
> 
> **"If I can make my salary in one day, why shouldn't I do this regularly?"**
> 
> That thinking became the beginning of a much bigger problem.
> 
> ![More Than ₹70 Lakhs Lost](https://sanchaykaro.com/wp-content/uploads/2026/09/fo_trap_series_70lakhs_cover.png)More Than ₹70 Lakhs Lost---
> 
> ## The First Warning: A ₹70,000–₹80,000 Loss
> 
> Yatin and a cousin started following trading calls.
> 
> Initially, the losses were manageable.
> 
> Together, they eventually lost around **₹70,000–₹80,000**.
> 
> Yatin stopped trading.
> 
> For several years, he stayed away from the market.
> 
> This was actually an important decision.
> 
> The loss was painful, but it was still recoverable through normal income and disciplined financial management.
> 
> However, the story changed when he returned to trading.
> 
> ---
> 
> # The Friend Who Changed Everything
> 
> In 2023, Yatin changed companies and met a friend in Bangalore.
> 
> According to Yatin, this friend had reportedly made around **₹20 lakh profit in a year from trading**.
> 
> That success influenced Yatin.
> 
> Then came the most dangerous suggestion.
> 
> The friend reportedly told him that the upcoming **2024 election result** could create a major market opportunity.
> 
> The message was simple:
> 
> **Borrow money. Put it into the market. The market will rise. Make a huge profit.**
> 
> Yatin already had a history of trading losses.
> 
> But this time, he didn't use only his own money.
> 
> He borrowed.
> 
> ---
> 
> ## ₹35 Lakh Went Into One Trade
> 
> According to the interview, Yatin took loans from multiple sources and eventually put approximately **₹35 lakh** into an options position connected to the 2024 election result.
> 
> This was not ordinary investing.
> 
> It was a massive leveraged bet based on an expected market outcome.
> 
> The expectation was that the market would rise.
> 
> But the market moved sharply in the opposite direction.
> 
> And the result was devastating.
> 
> ### Around ₹30 lakh disappeared in a single day.
> 
> Yatin describes being unable to understand what to do.
> 
> He left on his bike.
> 
> He had no words to explain the situation to his family.
> 
> But the biggest mistake came next.
> 
> He didn't stop.
> 
> He started thinking about **recovery**.
> 
> ---
> 
> # The Most Dangerous Sentence in Trading: "I Will Recover It"
> 
> After losing around ₹30–35 lakh, Yatin still had loans to repay.
> 
> There were EMIs.
> 
> There were financial obligations.
> 
> There was pressure.
> 
> And there was one thought:
> 
> > **"I can recover the money."**
> > 
> > This is where many trading losses become much larger.
> > 
> > A person loses ₹5 lakh.
> > 
> > Then tries to recover it.
> > 
> > The next loss becomes ₹8 lakh.
> > 
> > Then ₹15 lakh.
> > 
> > Then ₹30 lakh.
> > 
> > Then more borrowing begins.
> > 
> > Eventually, the objective is no longer wealth creation.
> > 
> > It becomes **loss recovery**.
> > 
> > And that is a completely different psychological game.
> > 
> > ---
> > 
> > ## More Loans. More Trading. More Losses.
> > 
> > According to Yatin's account, after the major loss he continued trying to generate money through trading.
> > 
> > He used available funds, credit cards and other borrowing.
> > 
> > Sometimes he made profits.
> > 
> > He says that after one period of trading, he could make ₹2–3 lakh.
> > 
> > That created another dangerous belief:
> > 
> > **"Maybe I can really recover everything."**
> > 
> > But temporary profits did not solve the underlying problem.
> > 
> > The debt remained.
> > 
> > And the risk continued.
> > 
> > Eventually, Yatin estimates that his overall trading-related losses crossed **₹70 lakh**.
> > 
> > [[This Trader Almost Sold His Kidney After ₹55 Lakh Loss ](https://sanchaykaro.com/this-trader-almost-sold-his-kidney-after-55-lakh-loss/)](https://sanchaykaro.com/this-trader-almost-sold-his-kidney-after-55-lakh-loss/)---
> > 
> > # The Recovery Scam Trap
> > 
> > After suffering major losses, Yatin says he was contacted by people who claimed they could help recover his money.
> > 
> > This is another dangerous stage of a trading-loss cycle.
> > 
> > When someone loses a large amount, they become an easy target for anyone promising:
> > 
> > - Guaranteed recovery
> > - Account handling
> > - Fixed returns
> > - Huge daily profits
> > - Special trading strategies
> > - "We know your loss"
> > - "Give us money and we will recover everything"
> > Yatin says he gave money to people who promised to help him recover losses.
> > 
> > He describes payments including amounts such as:
> > 
> > - ₹50,000
> > - ₹1 lakh
> > - ₹2 lakh
> > - Additional amounts afterward
> > At one point, someone reportedly promised him **₹5 lakh in a day** after he provided more money.
> > 
> > The promise was unrealistic.
> > 
> > But when someone is already under enormous financial pressure, unrealistic promises can suddenly look like the only available solution.
> > 
> > ---
> > 
> > # Why Loss Recovery Can Become a Trap
> > 
> > Imagine losing ₹30 lakh.
> > 
> > You now have two choices.
> > 
> > ### Option 1: Accept the loss and rebuild slowly
> > 
> > Continue working.
> > 
> > Control expenses.
> > 
> > Negotiate debt repayment.
> > 
> > Stop speculative trading.
> > 
> > Rebuild your financial life over several years.
> > 
> > ### Option 2: Try to recover ₹30 lakh quickly
> > 
> > Take another loan.
> > 
> > Trade bigger.
> > 
> > Use credit cards.
> > 
> > Buy options.
> > 
> > Follow someone else's calls.
> > 
> > Try another "recovery" service.
> > 
> > The second option can feel emotionally attractive.
> > 
> > But it can turn a ₹30 lakh loss into a ₹50 lakh, ₹70 lakh or even larger financial crisis.
> > 
> > **The desire to recover quickly can become more dangerous than the original loss.**
> > 
> > ---
> > 
> > # When Trading Starts Affecting Your Family
> > 
> > The financial damage eventually moved beyond Yatin's trading account.
> > 
> > According to his account, bank representatives and recovery agents contacted him and sometimes came to his home.
> > 
> > He describes his family facing pressure and abusive interactions.
> > 
> > He eventually left home and stayed away from his family for several months.
> > 
> > This is where we need to understand the true cost of excessive financial risk.
> > 
> > A trading loss isn't always just:
> > 
> > **₹10 lakh loss on a screen.**
> > 
> > It can become:
> > 
> > **Debt → EMI pressure → family conflict → stress → isolation → health problems → relationship breakdown.**
> > 
> > ---
> > 
> > # Yatin Lost More Than Money
> > 
> > According to the interview, Yatin's mother died in November 2024.
> > 
> > He believes the financial pressure may have contributed to the distress she experienced, although that connection is his personal belief and cannot be independently established from the interview.
> > 
> > He also describes losing a close friend who had been involved in trading and who later died by suicide.
> > 
> > These are deeply serious claims, and they should not be treated as proof that trading alone caused either death.
> > 
> > But they demonstrate something important:
> > 
> > **Severe financial distress can affect entire families and communities—not just the person whose trading account shows the loss.**
> > 
> > ---
> > 
> > # His Marriage Also Broke Under Financial Pressure
> > 
> > Yatin married in 2021.
> > 
> > According to his account, his wife eventually left after learning about the scale of his debt and the pressure surrounding the family.
> > 
> > He describes feeling completely alone.
> > 
> > His words reveal the emotional cost of financial decisions made under pressure.
> > 
> > The money was gone.
> > 
> > The debt remained.
> > 
> > The relationships were damaged.
> > 
> > And the feeling of regret became difficult to escape.
> > 
> > ---
> > 
> > # "I Lost My Family Along With My Money"
> > 
> > Perhaps the most painful lesson from Yatin's story is that money can sometimes be recovered.
> > 
> > But time cannot.
> > 
> > A financial loss can potentially be rebuilt over five, ten or fifteen years.
> > 
> > But lost relationships, lost trust and lost peace of mind may not return so easily.
> > 
> > This is why financial decisions should never be judged only by their potential return.
> > 
> > We should also ask:
> > 
> > **What happens if this decision goes completely wrong?**
> > 
> > ---
> > 
> > # The Psychology Behind the ₹70 Lakh Loss
> > 
> > Yatin's story highlights several common psychological traps.
> > 
> > ## 1. The Shortcut Mentality
> > 
> > The first attraction is simple:
> > 
> > **"Why work for years when I can make money today?"**
> > 
> > Trading appears to offer speed.
> > 
> > But speed works both ways.
> > 
> > Money can disappear faster than it can be earned.
> > 
> > [[₹31 Lakh Trading Loss From KFC Manager to Auto Driver ](https://sanchaykaro.com/31-lakh-trading-loss/)](https://sanchaykaro.com/31-lakh-trading-loss/)---
> > 
> > ## 2. Borrowing to Trade
> > 
> > This is one of the biggest warnings from the story.
> > 
> > Yatin says he borrowed approximately ₹35 lakh for the major election trade and later used other forms of borrowing.
> > 
> > When you invest your own savings and lose money, the loss is painful.
> > 
> > When you borrow money and lose it, you still have to repay the original debt **plus the cost of borrowing**.
> > 
> > That creates a completely different level of pressure.
> > 
> > ---
> > 
> > ## 3. Trading Based on Someone Else's Confidence
> > 
> > The friend reportedly had a successful year.
> > 
> > That success created confidence.
> > 
> > But one person's previous trading profit does not guarantee another person's future profit.
> > 
> > The question should always be:
> > 
> > **Can I afford the loss if this trade goes completely wrong?**
> > 
> > If the answer is no, the trade may already be too risky.
> > 
> > ---
> > 
> > ## 4. The Recovery Trap
> > 
> > This was arguably the biggest problem.
> > 
> > Instead of accepting the loss, Yatin kept trying to recover it.
> > 
> > The market became a tool for repairing the damage caused by the market.
> > 
> > That creates a dangerous cycle:
> > 
> > **Loss → Recovery attempt → Bigger risk → Bigger loss → More borrowing → More recovery attempts.**
> > 
> > ---
> > 
> > ## 5. Unrealistic Return Expectations
> > 
> > Someone promising ₹5 lakh from ₹50,000 should immediately raise questions.
> > 
> > Extraordinary returns require extraordinary risk.
> > 
> > And even when a very large return is technically possible in a particular trade, that doesn't mean it is consistently achievable.
> > 
> > **Possible is not the same as probable.**
> > 
> > ---
> > 
> > # Why Sanchay Karo Takes a Different Approach
> > 
> > This is exactly where **[Sanchay Karo](https://apirrabbit.com/api/v1/master/LandingPage?arn=ARN-301757 "Sanchay Karo")** follows a different philosophy.
> > 
> > The purpose is not to encourage people to chase the next big trade.
> > 
> > It is not built around:
> > 
> > - Daily trading
> > - F&O speculation
> > - Borrowed money
> > - Market tips
> > - Recovery trading
> > - Overnight wealth
> > - Unrealistic returns
> > Instead, the focus is much simpler:
> > 
> > ## **Save. Invest. Stay Consistent. Grow.**
> > 
> > Sanchay Karo focuses on **mutual fund investment** as a disciplined, long-term approach to wealth creation.
> > 
> > The philosophy is based on an important idea:
> > 
> > > **You don't need to become rich tomorrow. You need to build financial discipline today.**
> > > 
> > > [[From ₹10000 to ₹10 Crore Loss](https://sanchaykaro.com/from-10000-to-10-crore-loss/)](https://sanchaykaro.com/from-10000-to-10-crore-loss/)---
> > > 
> > > # Mutual Funds and SIP: A Different Mindset
> > > 
> > > A systematic investment approach can change the way people think about money.
> > > 
> > > Instead of asking:
> > > 
> > > **"How much can I make today?"**
> > > 
> > > You start asking:
> > > 
> > > **"How much can I invest consistently for the next 10 years?"**
> > > 
> > > That is a completely different mindset.
> > > 
> > > A SIP can help investors create a regular investment habit by contributing a fixed amount periodically.
> > > 
> > > For example, instead of taking ₹5 lakh and making a high-risk market bet, someone might choose to invest an affordable amount regularly into suitable mutual fund schemes based on their financial goals and risk profile.
> > > 
> > > The objective isn't to predict tomorrow's market.
> > > 
> > > The objective is to stay invested for the long term.
> > > 
> > > ---
> > > 
> > > # Sanchay Karo: Consistency Over Excitement
> > > 
> > > Trading often creates excitement.
> > > 
> > > A green screen creates excitement.
> > > 
> > > A quick profit creates confidence.
> > > 
> > > A large loss creates fear.
> > > 
> > > Then the investor wants another trade.
> > > 
> > > This emotional cycle can become exhausting.
> > > 
> > > Long-term investing is different.
> > > 
> > > There may be nothing exciting about investing every month.
> > > 
> > > And that's exactly the point.
> > > 
> > > **Wealth creation doesn't always need excitement. It needs consistency.**
> > > 
> > > Sanchay Karo's philosophy is therefore centered on **mutual fund investing and disciplined accumulation**, rather than encouraging people to chase fast profits through speculative trading.
> > > 
> > > ![sanchay karo feature graphic](https://sanchaykaro.com/wp-content/uploads/2026/07/sanchay-karo-feature-graphic_1.jpg.jpeg)sanchay karo feature graphic---
> > > 
> > > # What Yatin's Story Teaches Us
> > > 
> > > There are several lessons every investor can take from this story.
> > > 
> > > ### Never trade with borrowed money.
> > > 
> > > If a trade goes wrong, the market doesn't care about your EMI.
> > > 
> > > ### Don't put your financial future on one market prediction.
> > > 
> > > Election results, news events and market expectations can produce unexpected moves.
> > > 
> > > ### Don't blindly follow friends.
> > > 
> > > A friend's success is not a guarantee of your success.
> > > 
> > > ### Don't chase losses.
> > > 
> > > A loss does not have to be recovered through another trade.
> > > 
> > > ### Be extremely careful with "[recovery](https://www.unesco.org/en/query-list/r/recovery)" promises.
> > > 
> > > Someone promising to recover your trading loss quickly may create another loss.
> > > 
> > > ### Don't make trading your only source of income.
> > > 
> > > Your salary, business or profession should not be sacrificed to support speculative trading.
> > > 
> > > ### Build wealth patiently.
> > > 
> > > For many long-term investors, mutual funds and SIPs can be part of a disciplined investment strategy when selected according to goals, time horizon and risk tolerance.
> > > 
> > > ---
> > > 
> > > # The Biggest Lesson: Protect Your Life Before Your Money
> > > 
> > > Yatin's story is not really about ₹70 lakh.
> > > 
> > > It is about what can happen when financial losses become more important than everything else.
> > > 
> > > A person may lose money.
> > > 
> > > But money can potentially be earned again.
> > > 
> > > Your health matters.
> > > 
> > > Your family matters.
> > > 
> > > Your relationships matter.
> > > 
> > > Your peace of mind matters.
> > > 
> > > **No trading profit is worth risking your entire life.**
> > > 
> > > ---
> > > 
> > > ## Watch the Full Story
> > > 
> > > If you want to understand Yatin's journey directly from his interview, watch the full episode of **Bazaar Ke Haare**:
> > > 
> > > [Watch the full Bazaar Ke Haare episode on YouTube](https://www.youtube.com/watch?v=I0MCQmIacFk&utm_source=chatgpt.com)
> > > 
> > > ---
> > > 
> > > # Final Thought
> > > 
> > > The stock market can be a powerful tool for wealth creation.
> > > 
> > > But there is a huge difference between **investing for the future** and **gambling for a quick recovery**.
> > > 
> > > Yatin's story shows what can happen when trading becomes driven by greed, borrowed money, emotional decisions and the desperate desire to recover losses.
> > > 
> > > There is another path.
> > > 
> > > **Save regularly. Invest responsibly. Stay consistent. Give your money time to grow.**
> > > 
> > > That is the philosophy behind **Sanchay Karo**.
> > > 
> > > Because the goal should never be to make money at any cost.
> > > 
> > > ### The goal should be to build wealth without losing the life you are trying to improve.
> > > 
> > > ---
> > > 
> > > ## Disclaimer
> > > 
> > > This article is an **original editorial adaptation based on the interview/article provided** and is intended for awareness and education. Statements regarding Yatin's losses, debts, trading activities, individuals, transactions, family circumstances and experiences are presented as described in the interview and have **not been independently verified**.
> > > 
> > > This is **not financial advice**. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Investors should independently evaluate financial products and consult a qualified financial professional where appropriate. Regulatory rules relating to trading, derivatives, crypto assets, overseas investments and other financial products can change; verify the current position with the relevant official authorities.
> > > 
> > > **If you or someone you know is experiencing severe emotional distress or thoughts of self-harm, please seek immediate support from a mental-health professional, a trusted person, or an emergency/crisis service in your country. Financial loss can be devastating, but it can be addressed step by step. A person's life is worth far more than any trading account, investment or debt.**