Techie loses parents' hard-earned middle-class savings to trading after colleague shows him Zerodha, ends up rRs.r38 lakh in debt
India, Oct. 2 -- A social media user has shared a cautionary tale about the dangers of uninformed stock trading, citing the example of a friend who lost Rs.38 lakh to his trading addiction. Hemdharpan took to the social media platform X to talk about his friend who developed a trading addiction after a colleague introduced him to Zerodha.
The friend-a 35-year-old techie-kept putting money into the stock market despite suffering massive losses. In the course of a few months, he wiped out his parents' hard-earned savings, took out personal loans under false pretext, and eventually had loan recovery agents knocking on his door.
Hemdharpan described his friend as a 35-year-old with a stable career in IT and a salary of Rs.2 lakh per month, ...
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