The video, posted on microblogging web site X, captures the driving force candidly recounting how he misplaced an quantity equal to his total annual earnings by means of choices buying and selling, a sobering reminder of the hazards retail traders face when navigating complicated monetary devices with out adequate data or capital.
“I incurred a lack of Rs 2.5 lakh in 2024, all by means of choices buying and selling. I had held shares and so they did not end in any loss. All the loss got here from choices,” the driving force stated in Hindi.
LOTTERY CASINO KI TARAH AJKAL
Choices buying and selling ka NASHA sabko haiWho made Earnings : #JaneStreet
Who misplaced right here : Poor Uber driverDetails checked from this video :
He makes 25K from driving however
Misplaced 2.5L in choices buying and selling and
Humorous factor is that he’s not quittingHis quote :… pic.twitter.com/gzgfHvZDx6
— Vipin Gupta (@Vipster007) July 5, 2025
A monetary blow that outstripped earnings
The driving force, who earns Rs 25,000 a month, admitted that his foray into choices was marred by a scarcity of adherence to fundamental buying and selling protocols. When requested whether or not the loss equaled a full yr’s earnings, he responded merely, “Sure.”
The Uber driver stated he would solely return to choices buying and selling if he might “have a great capital to speculate.” His expertise underscores the widening gulf between retail enthusiasm and market preparedness, a spot that regulators have been grappling with amid a surge in first-time retail merchants post-pandemic.
A bigger drawback
The Uber driver’s story has drawn widespread consideration not just for its private gravity but additionally for what it represents. His confession has been held up as emblematic of a broader sample: a rising variety of retail traders getting into derivatives markets with out satisfactory monetary literacy or safeguards.
Investor advocates and market analysts have repeatedly warned in regards to the risks of retail buying and selling in leveraged devices akin to choices, particularly in an atmosphere pushed by social media suggestions, low entry obstacles, and aspirational risk-taking.
Sebi’s current strikes
Apparently, the Uber driver’s remarks additionally touched on regulatory reforms, specifically, adjustments launched by the Securities and Trade Board of India (Sebi) earlier this yr.
“This can be a good rule by Sebi; now there’s much less probability of fraud,” he stated, referring to Sebi’s January 2025 determination to change fund settlement cycles for inactive accounts from weekly to month-to-month.
Beforehand, brokers had been mandated to return funds from accounts that had remained inactive for over 30 days inside three working days. Beneath the revised guidelines, such accounts will now be settled throughout the month-to-month operating account settlement cycle, a transfer aimed toward easing operational pressures and streamlining fund administration practices.
The person within the video additionally expressed concern over excessive brokerage charges, indicating that buying and selling prices additional compound the dangers for small traders with restricted capital.
The Jane Avenue issue
The put up accompanying the video additionally praised Sebi’s crackdown on world buying and selling agency Jane Avenue, which had allegedly engaged in market manipulation. In a significant enforcement motion, Sebi lately seized Rs 4,840 crore from the agency, a improvement extensively seen as an indication of the regulator’s growing vigilance over market integrity.
Whereas the Uber driver’s account is certainly one of particular person loss, the broader narrative it fuels is way from remoted. As derivatives volumes proceed to balloon on Indian exchanges, market specialists stress the pressing want for sturdy investor training and stronger gatekeeping mechanisms to stop susceptible contributors from risking capital they can not afford to lose.
Additionally learn | Rs 735 crore in 1 day! Jane Avenue’s most worthwhile day on Dalal Avenue was constructed on Nifty Financial institution’s fall
(Disclaimer: Suggestions, strategies, views and opinions given by the specialists are their very own. These don’t symbolize the views of The Financial Occasions)
