MemCast
MemCast / episode / insight
Jumping straight into options without fundamentals leads to big losses
  • Hiren started trading in 2019 by jumping straight into options and immediately suffered a Rs 80,000 loss.
  • He admits it was “my biggest mistake” because he had no knowledge of options pricing or Greeks.
  • The loss caused a period of depression, highlighting the emotional toll of trading without preparation.
  • This experience taught him that any trading system requires a solid technical foundation before risking capital.
HirenVijay Thakkar00:00:16

Supporting quotes

When I started in 2019, I directly started with options trading. It was my biggest mistake. Hiren
I had a loss of Rs. 80,000. I was in complete depression. Hiren

From this concept

Learn From Early Mistakes

Hiren’s first foray into options trading without a solid foundation cost him heavily, but the painful loss forced him to pause, study fundamentals and seek mentorship. The episode shows how a disciplined post‑loss routine, combined with the right books and mentors, can turn a disastrous start into a profitable swing‑trading career.

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