A matter has come up for arbitration wherein the IGRP Investor Grievances Redressal Panel) has rejected the claim of the applicant for losses suffered for about ₹3,75,000/- due to mishandling of trading in derivatives by

A matter has come up for arbitration wherein the IGRP Investor Grievances Redressal Panel) has rejected the claim of the applicant for losses suffered for about ₹3,75,000/- due to mishandling of trading in derivatives by the representative of respondent, the trading member. The applicant is a Doctor by profession. He is having trading account with respondent which is a stock broking company since the year 2019. In the month of October-November 2022 an employee of respondent, who was assigned as Applicant's Relationship Manager (RM) advised to trade in derivatives. The Applicant informed that he was not an expert in the field but RM assured that she would deal on his behalf. The applicant suffered a loss of approximately ₹80,000/- in the beginning, he directed her to stop trading and further directed her to revive the losses. She assured that she will recover losses and thereafter will stop trading in derivatives. Despite recovery of said loss, she continued to deal and further purchased 30 lots, no stop loss was demarcated and applicant suffered a loss of ₹1,50,000/-. The applicant directed the employee not to deal any further, but she assured that she will recover losses incurred and purchased 250 shares of Adani Green which started losing due to the Hindenburg report. She did not sell these shares despite request by the applicant resulting in huge losses. The respondent trading member has opposed the claim. The account opening form of the applicant-claimant has been filed to show that he became registered constituent since June 2020. Is there any opportunity of winning the matter of the applicant before arbitrator? Explain.