Jay grew up in a small village, 130 kilometers from Chennai. With a degree in Bio-informatics and job in a multinational company for software testing. He was searching for a direction in life after engineering. In 2007, while looking for opportunities, he noticed people around him trading in the stock market — something that instantly caught his interest. The very next day he opened a broking account and asked father Rs 30,000 to trade. His friend advised him to buy a call option. Without knowing anything about options, bought Rs 30000 worth of worth of Nifty call option, Within days this money became Rs 500. The market during that time was very volatile the Rs 500 of put soon became Rs 30000 again. He gave the money back to father but this was the turning point in my life.Then started paper traded for 4-5 months before entering the market, and initially made easy gains during a mean-reverting phase, earning 30% in just four months. However, when the market turned trending, his strategy failed, and lost those profits. He paused, reworked my approach to suit both market types, and returned stronger — achieving 120% annual returns for the next two years, which gave him the confidence to scale up
Worst Experience:
During that time, his father sold a piece of farmland. He convinced his father to give him ₹70 lakhs to scale up which had came from selling of land. He gave him ₹70 lakhs to trade, trusting his track record. But success was short-lived. Within just three weeks, he lost the entire amount due to poor position sizing and lack of risk control.
Instead of giving up, Jay took a step back. His father gave him one year to figure things out. He didn’t trade during that time — he studied every past mistake, learned risk management, explored market profile strategies, and improved his trading psychology.He started again with just ₹6 lakhs and slowly, steadily grew it to ₹48 lakhs by 2015. With profits, he repaid his father the full ₹70 lakhs
Advice to a new trader?
One advice that he would like to give is that to try to win in small amounts before getting in the big league. If you cannot make money with ₹ 10000, what in the world do you think you can do it in ₹ 100000. If you trade for the money you will never make it, because it will affect your mind. Trade for the 3Ps – passion, process and patience and you will get what you deserve from the market.
Jay’s disciplined comeback made him a respected name in trading circles. He mastered tools like MarketDelta and Sierra Charts and even helped develop market profile software in India. Today, he is known as the ‘NiftyWizard’ — a self-made market profile trader who turned failure into a foundation for lasting success.
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