"Dinesh Kirola: From Army Man to Stock
Market Maverick"
Introduction:
Dinesh
Kirola, also known as Stock Burner, has emerged as a prominent figure in the
stock market world, captivating audiences with his inspiring journey from a
humble background to financial success. This narrative explores his remarkable
story, highlighting his early life, career trajectory, trading successes, and
notable achievements.
Biography and Early Life:
Born
in Almora, Uttarakhand, in 2000, Dinesh Kirola grew up in a modest family with
limited financial resources. Despite facing challenges, he exhibited
determination and resilience from an early age. With three younger sisters and
a small brother, Dinesh hailed from a family where his father ran a vegetable
shop. His decision to join the Indian Army in 2018 marked the beginning of his
transformative journey.
Army Life and Stock Market Beginnings
Dinesh
Kirola, a soldier in the Indian Army, hails from Uttarakhand. He has three
younger sisters and one younger brother. His father runs a vegetable shop. In
2018, Dinesh joined the Indian Army through sports quota. While serving in the
army, he began trading in the stock market. Due to this involvement, he
eventually had to leave the army.
The Discovery and Temptation
During
his deployment on LoC in 2020, Dinesh faced medical issues that prevented him
from being authorized to carry weapons. Consequently, he was assigned the duty
of cooking meals for the soldiers. It was during this time that he stumbled
upon a video on YouTube about earning lakhs of rupees in the stock market.
Intrigued by this possibility, he opened a demat account.
"Biography/ Journey of Stock Burner -Dinesh Kirola "
Initial Success and Greed
At
that time, Dinesh Kirola was earning a monthly salary of 45,000 rupees. He
began trading in the stock market with this income. Initially, he made profits
of around 20-30 rupees within a day or two. Then, on the advice of a friend, he
invested his savings of 80-90 thousand rupees in an IPO and earned his first profit
of 18,000 rupees. This success fueled his greed for more.
Escalating Losses and Desperation
After
earning a profit of 18,000 rupees, Dinesh became entrapped by the allure of the
stock market. He then started trading with a capital of one lakh rupees,
combining his initial investment of 80,000 rupees with the profit. However, on
the very first day of trading, he incurred a loss of 20,000 rupees due to short
selling. In an attempt to recover from this loss, he ended up losing even more,
first going from 20,000 to 45,000, and then all the way up to one lakh rupees.
Reckless Investments and Borrowings
In
2021, to cover the loss of one lakh rupees, Dinesh started engaging in option
trading. However, this move resulted in a significant setback. He again invested
his entire salary of one lakh rupees into the stock market. When it grew to one
lakh twenty thousand rupees, his greed escalated. Subsequently, he lost all the
earnings once more. With the help of a friend, he then took a personal loan of
eight lakh rupees from the bank. The monthly installment for the loan was
initiated at 18,000 rupees. Initially, he earned two lakhs, but eventually lost
all that money too. Despite these setbacks, he did not quit trading.
Learning from Mistakes
Dinesh
combined three lakh rupees from his salary with a bank loan of seven lakh
rupees. He invested the entire sum of ten lakh rupees in the stock market to
offset the previous loss of ten lakhs. However, he lost the entire amount
within three weeks. After losing twenty lakhs, he distanced himself from the
stock market for some time. He started using half of his salary to pay the
installment for the loan.
A Risky Gambit
After
saving up one and a half lakh rupees from his salary over two to three months,
Dinesh re-entered the stock market. With the help of friends from the army, he
managed to accumulate eight lakh rupees at a ten percent profit margin. Adding
two lakhs from his own savings, he invested the entire amount in the stock
market. By this time, his losses had reached twenty lakhs. Upon making some
profit, he returned the money to his friends, thereby gaining their trust and
support.
The Turning Point
Earning
a monthly salary of 45,000 rupees while also having to pay installments of one
and a half lakh rupees towards bank loans and friends' shares, Dinesh found
himself in financial strain. By the third month, he had lost all his capital.
This led to disagreements with his friends. He didn't return home during a
one-month leave and instead spent all his time in one place, learning the
intricacies of the stock market. It was during this time that he realized and
rectified his mistakes.
Full-Time Trader
Then,
by falsely claiming financial difficulties at his friend's house, Dinesh took a
bank loan of ten lakh rupees in his friend's name. Adding two lakh rupees of
his own, he started option trading again with a total of twelve lakh rupees.
This time, he changed his strategy, deciding to book profits even at a slight
loss and focus on increasing profits. This strategy worked, but by then, Dinesh
Kirola had already incurred losses of forty lakhs.
Family Revelation and Celebration
In the
end, Dinesh Kirola was left with three and a half lakh rupees. In a do-or-die
situation, he started trading again with this remaining amount. On one day, he
earned 22 lakh rupees, but on another day, he lost 18 lakh rupees. Eventually,
military officers found out about Dinesh's dire situation in the stock market.
This began to affect his job as well. In April 2022, Dinesh Kirola decided to
quit his job in the military and started trading full-time in the stock market.
He began sharing his strategies related to the stock market on the YouTube
channel "Stock Burner".
Earning Trust and Belief
When
Dinesh Kirola earned 20 lakh rupees, he sent eight lakh rupees home for his
sister's wedding and used the remaining 12 lakh rupees to live in a PG and
continue trading in the stock market. He reached earnings of up to 1.5 crore
rupees. On Diwali day, he revealed the truth about his success to his family.
He had been trading underground for many months, and when he earned 1.5 crore
rupees, he informed his family last year on Diwali that he had quit his job and
become a trader. His relatives couldn't believe his earnings at first.
Building a New Life
Before
coming home for Diwali, Dinesh Kirola called his father and told him about
earning 22 lakh rupees in a single day. His father's response was that if he
wasn't coming home, then there was no need to come, but don't try to fool him.
Then, Dinesh sent his father a screenshot of his account, which made his father
believe him. After changing residences, Dinesh Kirola bought a new apartment
upon returning home for Diwali. He decorated the entire house in a luxurious
manner. He also gifted his father a scooter. Now, Dinesh has set up his home
for trading in.
Achievements and Net Worth:
Dinesh
Kirola, known as Stock Burner, has garnered widespread recognition and a loyal
following on social media platforms, where he shares valuable insights into
stock market trading. While formal awards may elude him, his impact within the
trading community is undeniable. With an estimated net worth of approximately ₹
5-6 Crore, Dinesh has diversified his income streams, leveraging his expertise
in trading, YouTube, social media, and paid promotions. His You Tube Channel
has more than 5.5 Lakh subscribers.
Conclusion:
Dinesh
Kirola's journey from an army man to a stock market maverick serves as an
inspiration to aspiring traders worldwide. His story underscores the importance
of perseverance, resilience, and continuous learning in achieving financial
success. As Stock Burner continues to inspire and empower individuals through
his social media presence and trading expertise, his legacy as a trusted figure
in the stock market community is set to endure.
"Biography/ Journey of Stock Burner -Dinesh Kirola "
