Techie Loses Parents' Savings, Incurs ₹38 Lakh Debt After Trading Addiction

Hindustan Times · stocks

A 35-year-old tech professional has lost his parents' savings and accumulated ₹38 lakh in debt due to a trading addiction. Introduced to the Zerodha platform by a colleague, he initially experienced quick profits, leading to a dopamine rush and a neglect of his stable IT job. Despite significant losses, he engaged in revenge trading, wiping out his ₹14 lakh savings and taking out personal loans. His addiction escalated, impacting his family life, with his wife now staying separately and his salary being garnished.