Another episode from the Losses and Lessons series — where real traders share the truth behind the numbers. No filters, no hype, just experiences that matter.
Meet Vineet Wadhwa — a Delhi-based accountant, MBA in Finance, B.Com graduate from Delhi University, and a working professional in a reputed MNC since 2013. On paper, his profile is as solid as it gets. Educated, financially literate, and with a steady career in corporate finance, Vineet’s foray into stock trading wasn’t impulsive. He started in 2007 — early, curious, and ambitious.
But then came 2008.
Like many during that period, he suffered a massive setback. That one year shook his confidence, and forced him to explore aggressive strategies like short selling. It wasn’t the end of his journey — just the beginning of a long and difficult one.
After a break, he returned to the markets in 2017 with fresh energy and a more refined approach — this time through options trading and hedging. He backed his trades with his own capital, deploying ₹8 lakh from his savings into futures and derivatives. But by the end of 2020, the market had taken half of that away.
Still, he wasn’t done.
What followed over the next few years is something many traders will painfully relate to — revenge trading, overconfidence, overtrading, emotional decisions, borrowed capital, and the constant desire to recover fast. Each loss brought more urgency. Each failed trade brought a new setup. And in trying to win back what he had lost, Vineet slowly found himself in a financial spiral.
Today, he sits on a cumulative loss of nearly ₹70 lakh.
Yes — seventy lakh.
Some of it was his own savings. Some came from mutual fund redemptions. Some from loans. But what’s most important is not just the number — it’s the journey behind it. Because inside those losses are hidden the most critical lessons every trader must learn.
In this candid conversation, Vineet walks us through:
His early exposure to markets and the aftermath of 2008.
- Why short selling and speculative trading became his coping mechanism.
- His comeback in 2017 and why even sound strategies couldn’t save him from emotional traps.
- The decision to move into futures and the ₹4 lakh hit that followed.
- How greed during good phases led to bigger risks — and eventually bigger losses.
- The December 2022 phase where he had ₹13 lakh left — and lost 95% of it in just a few weeks.
- His last attempt with ₹6 lakh from mutual funds — and how that too vanished.
- His experience with online trading courses and why they didn’t help.
- The toll all of this took — financially, emotionally, and mentally.
Vineet’s story is not a guide on “what to do” in trading — it’s a real-world example of what happens when things go wrong, even when your intentions are right. His downfall wasn’t due to lack of effort, but a lack of discipline, structure, and emotional control — a challenge every retail trader eventually faces.
This episode will resonate deeply with:
- Anyone who’s tried to “recover” losses by taking bigger trades.
- Traders who jump from one strategy to another without reflection.
- Those stuck in the loop of revenge trading and over-leveraging.
- People who think education alone can guarantee success in markets.
Vineet holds nothing back in this episode. His honesty, his vulnerability, and his willingness to dissect each mistake make this conversation not just powerful — but necessary.
If you’re in the markets, thinking about starting, or already feeling the weight of inconsistency, take this story seriously. Because sometimes, the biggest gains come from listening to someone else’s losses.
At A Digital Blogger, we believe in giving voice to stories that usually stay hidden — stories that teach, stories that caution, and stories that save others from going down the same path. Vineet’s journey is all of that, and more.
Watch the full episode to learn the biggest trading lesson money can’t buy — self-awareness.
Subscribe to A Digital Blogger for more real journeys, more honest conversations, and more lessons that matter.
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0:00 - Intro
1:12 - Who is Vineet?
5:32 - Entry into Stock Market
14:12 - Early days into Stock Market
20:40 - Past Experiences
25:18 - Brokerage & STT
26:28 - Holy Grail Strategy
31:02 - Turning Point in Trading
35:18 - Impact of YouTube in Trading
44:06 - 70 Lakh Loss
57:05 - PnL Breakdown
1:06:02 - Final Thoughts