The harsh reality of India’s F&O trading boom, where 93% of retail traders suffer losses while institutions, brokers, and the government profit handsomely. It dives into the structural disadvantages faced by individuals—like time decay, over-leveraging, and social media misinformation—that make success nearly impossible for the average trader. The article serves as a warning and a guide, urging retail investors to understand the game before risking their hard-earned money.