Manage episode 479896667 series 2573969
Meet Umang Uniya, who, like many aspiring traders, initially saw options trading as a get-rich-quick scheme.
Early on, he made profits but soon learned that losses teach the most valuable lessons.
At first, he didn’t focus on learning but took a seemingly right step—following a SEBI-registered Research Analyst (RA).
While this decision helped him make good returns, he later realized that blindly trusting even registered advisors can be risky.
Fortunately, he was cautious about risk management, which kept him from facing devastating losses.
However, true success came when he shifted his focus to learning. His journey wasn’t smooth—he faced a ₹1.5 lakh loss initially.
But instead of quitting, he persisted, learned, and evolved, eventually becoming a successful options trader today.
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