You know, I recently reread the story of Harshad Mehta and realized why this story is still relevant to traders today. This Indian broker in 1992 orchestrated one of the largest financial scams on the Indian stock market, and his methods were surprisingly simple but effective.

Harshad Mehta manipulated the stocks of major banks and companies, creating the illusion of demand and artificially inflating prices. Profits flowed like a river, and it seemed he had found the perfect formula for wealth. But here’s the catch – such schemes only work until they are exposed.

And the story of Harshad Mehta ended exactly as it was bound to. His scam was uncovered, the market collapsed, and thousands of people lost their savings. It was a real shock to India’s financial system.

What amazes me? That even after more than 30 years, people still repeat the same mistakes. They seek quick money, believe in miracle schemes, and ignore fundamental rules. The story of Harshad Mehta is not just a criminal chronicle; it’s a lesson for everyone who takes investing seriously.

Without a solid foundation, honest trading, and a long-term strategy – nothing will work. Only this way.