India, July 30 -- "Tried everything under the sun. but nothing worked. Good weeks were usually followed by disastrous ones," wrote marginmemos, an anonymous Reddit user who shared verified proof of losing more than Rs.50 Lakh in futures and options trading.

Unfortunately, this isn't a one-off incident. According to SEBI, nine out of every 10 retail investors who trade in F&Os close a losing bet.

Ironically, this is happening at a time when India's retail investing story is being celebrated like never before, with demat accounts multiplying, broker app downloads at an all-time high, and millions of first-time investors entering the stock market.

Besides, options trading volumes have surged to such levels that the government raised the s...