The Evolution of Sivakumar Jayachandran: From Hospitality to Options Trading
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Biography of Sivakumar Jayachandran:
Successful traders are akin to race drivers navigating their
vehicles at high speeds. What sets them apart is their deep understanding of
market dynamics—much like knowing the mechanics under a racing car's hood and
swiftly correcting any issues that arise.
For traders like Sivakumar Jayachandran, also known as Siva,
charts and indicators are not just tools but ingrained instincts honed through
rigorous research and practice. These tools become second nature, enabling them
to react swiftly and decisively without hesitation.
Despite his demanding career, Sivakumar Jayachandran values
family and strives for a balanced lifestyle. His journey underscores the
challenges and rewards of pursuing a career in finance after a successful stint
in hospitality. With an estimated net worth exceeding 50 crore rupees and a
monthly trading income surpassing 1 crore rupees, Sivakumar continues to
inspire as both a successful trader and a dedicated family man.
The Precision of Scalping
As a scalper, Siva holds positions for mere seconds to a few
minutes. In this rapid-fire environment, split-second decisions are crucial;
there's no room for deliberation during trading hours. Every move is
meticulously planned beforehand, ensuring swift execution during the frenetic
pace of market activity.
From Hospitality to High Finance
Siva's journey into trading was unconventional. Initially
trained in hotel management, he found success in the BPO sector before launching
his own firm. After years of managing his business, Siva transitioned his
skills to the stock market, where his disciplined approach and analytical
acumen proved invaluable.
Triumph at Investor Carnival
At a recent Investor Carnival in Goa, Siva showcased his
prowess by trading confidently on expiry day. Patiently observing the market's
movements from the opening bell, he seized his opportunity after 2:00 p.m. by
strategically buying Puts. This well-timed move, aligned with his meticulously researched
indicators, yielded significant profits—a testament to his strategic foresight
and adaptability in dynamic market conditions.
From Hospitality to High Finance: Siva's Journey
Sivakumar Jayachandran's career trajectory has been marked
by unexpected shifts and entrepreneurial leaps. Starting with a degree in Hotel
Management from a prestigious institution, Siva initially embarked on a career
with Radisson Taj Coromandel. Despite the lucrative earnings, the demanding
schedule left him longing for more personal time. This dissatisfaction led him
to transition into the BPO industry, seeking a better work-life balance.
Pioneering in the BPO Sector
Undeterred by initial setbacks due to overqualification,
Siva's persistence paid off when he secured a position at a smaller BPO company
in Bangalore. Rapidly proving his capabilities, he ascended through the ranks
and played a pivotal role in scaling up operations, notably with the Bank of
America account. His success not only solidified his career but also introduced
him to his future wife, marking a personal milestone amidst professional
achievements.
Entrepreneurial Spirit Unleashed
Driven by a desire to return to Bangalore, Siva collaborated
with colleagues from the BPO industry to explore entrepreneurial opportunities.
Spurred by a chance conversation that quickly evolved into a business plan,
they secured significant investment within hours. With focused determination,
they established a thriving enterprise, rapidly expanding from a modest team to
over 800 employees in just four years.
The Evolution of Sivakumar Jayachandran: From Hospitality to Options Trading , Biography of Sivakumar Jayachandran: , Life lessons of Sivakumar Jayach
Strategic Exit and Financial Success
In 2015, recognizing the changing political landscape under
President Donald Trump, Siva and his partners opted to sell their company to a
larger entity. This strategic decision not only safeguarded their business from
potential challenges but also yielded substantial returns for their investors,
quadrupling their initial investment while delivering consistent dividends.
Through these transformative experiences—from hotel management
to BPO leadership and ultimately entrepreneurial success—Siva Jayachandran
exemplifies resilience, strategic vision, and a relentless pursuit of
excellence in every endeavor he undertakes.
Early Days of Trading and Initial Setbacks
In the beginning, the trading journey started as a venture
for additional income, inspired by a friend from the BPO industry. Initially
investing Rs 2 lakh from savings, which grew steadily at 2-3 percent monthly,
led to increasing capital allocation up to Rs 10 lakh. However, the decision to
go all-in eventually resulted in significant losses, particularly with stocks
like DLF and Suzlon, dropping the portfolio from Rs 10 lakh to Rs 1 lakh. This
setback prompted a pause in further investments in the market.
Transition and Learning in Mumbai
Upon relocating to Mumbai, the approach shifted from
positional trading to intra-day trading due to flexible office hours. Moving
away from relying solely on tips, there was a conscious effort to understand
the market dynamics and learn from experienced traders. This period focused on
disciplined trading with a specific strategy, concentrating on a few liquid
stocks and options, particularly Nifty and Bank Nifty.
Mastering the Tools and Techniques
The journey continued with a deeper dive into market
analysis, including open interest, chart patterns, and candlestick signals.
This analytical approach replaced earlier reliance on gut feelings, enhancing
trading decisions. Initial tests with small amounts solidified learning,
leading to gradual profitability by 2015, culminating in a breakout phase in
2016.
Refining Strategy and Risk Management
Recognizing the cyclic nature of trading, the trader learned
to manage both gains and losses with increased confidence. By 2017, losses were
recovered and profits accrued, emphasizing options trading and tighter
timeframes. A structured approach to entry, exit, and money management rules
further stabilized performance, with weekly capital resets and multiple
brokerage accounts enhancing risk management and reliability during trading
hours.
A Day in the Life of a Scalper
Shishir Asthana begins his trading day promptly at 08:30,
logging into multiple accounts and setting up charts and indicators. Unlike
many traders who focus on the previous day’s close, Shishir starts by analyzing
the current status of Dow Futures, which often guides his initial trades. He
recalls a recent profitable day when early Dow recovery led to significant
gains in the Indian markets shortly after opening.
When the Indian market opens at 09:15, Shishir observes the
initial movements closely for the first 15-30 seconds. His trading decisions
are influenced by a blend of previous day's and pre-opening data, combined with
indicators like Parabolic SAR (PSAR), Supertrend, VWAP (Volume Weighted Average
Price), and RSI (Relative Strength Index). These indicators help him determine
entry and exit points, with RSI values above 70 prompting him to consider
reducing his position.
Strategy Execution and Market Analysis
Throughout the trading day, Shishir monitors additional data
such as implied volatility, open interest, and Put Call Ratio on an Excel
sheet. His trading strategy heavily relies on interpreting open interest
movements alongside technical indicators. A bullish signal is identified when
rising open interest coincides with price increases, validated by PSAR,
Supertrend, and VWAP. High volume during breakout moments further reinforces
his trading decisions.
Execution and Risk Management
Shishir’s trading approach involves selecting slightly
in-the-money or at-the-money option strikes and executing trades within
specific price ranges. He employs a systematic pyramiding technique,
progressively increasing trade size based on market conditions. Tight risk
management is maintained with strict stop-loss rules, ensuring minimal losses
if market conditions reverse.
Scalping Tactics and Market Timing
As a scalper, Shishir focuses intensely on the market
between 09:15 to 10:00 a.m. and again from 1:30 to 3:00 p.m., looking for rapid
profit opportunities. He avoids chasing trades that move too quickly,
preferring to wait for suitable setups that align with his strategy. Even on
expiry days, he remains active, leveraging his expertise in the options market
to capitalize on short-term price movements.
Future Plans and Innovation
Looking ahead, Shishir plans to establish a trading factory
in Bengaluru, creating a collaborative environment for like-minded traders.
This initiative aims to transform trading into a more interactive and engaging
experience, countering the solitary nature traditionally associated with the
profession. Additionally, he envisions launching a Trader Challenge platform to
foster competition and skill development among aspiring traders, enhancing the
vibrancy of the trading community.
The Precision of Scalping
As a scalper, Siva holds positions for mere seconds to a few
minutes. In this rapid-fire environment, split-second decisions are crucial;
there's no room for deliberation during trading hours. Every move is
meticulously planned beforehand, ensuring swift execution during the frenetic
pace of market activity.
From Hospitality to High Finance
Siva's journey into trading was unconventional. Initially
trained in hotel management, he found success in the BPO sector before launching
his own firm. After years of managing his business, Siva transitioned his
skills to the stock market, where his disciplined approach and analytical
acumen proved invaluable.
Triumph at Investor Carnival
At a recent Investor Carnival in Goa, Siva showcased his
prowess by trading confidently on expiry day. Patiently observing the market's
movements from the opening bell, he seized his opportunity after 2:00 p.m. by
strategically buying Puts. This well-timed move, aligned with his meticulously researched
indicators, yielded significant profits—a testament to his strategic foresight
and adaptability in dynamic market conditions.
Sivakumar Jayachandran: A Pioneer in Options Trading
Sivakumar Jayachandran boasts over 15 years of experience as
a highly skilled scalper in the financial markets. Unlike many, he has achieved
consistent profitability by buying options, a strategy often deemed risky. His
success challenges the conventional belief that option buyers struggle to
maintain profitability.
Entrepreneurship and Leadership in Healthcare
Beyond trading, Sivakumar is a seasoned entrepreneur who
co-founded a startup in the Healthcare Industry. Under his leadership, the
startup flourished into a profitable venture with a workforce of 800 employees.
His entrepreneurial journey reflects his vision to create impactful businesses
beyond the realm of finance.
Empowering Retail Investors
Driven by a passion for empowering retail investors,
Sivakumar aims to level the playing field in markets dominated by larger
players. This vision led him to focus on the Indian Derivative market, where he
has made significant strides in scalping index options. Through his
achievements, he advocates for greater accessibility and success for individual
investors.
Mentorship and Giving Back
Committed to sharing his expertise, Sivakumar has
transitioned into mentoring aspiring traders. His mentoring efforts aim to educate
and guide others in navigating the complexities of trading, emphasizing
disciplined strategies and risk management. This commitment underscores his
dedication to fostering a community of informed and successful traders.
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