After completing his Mechanical Engineering degree in 1990, Gautam Mazumdar dived with enthusiasm on opening up workshops just on the outskirts of Kolkata. The red tape of the days spared no effort and forced me to abort my maiden plan. He bade goodbye to engineering and jumped into the stock market in 1994. He has been watching it closely since 1989. The Harshad Mehta scam and recovery thereafter helped him sail through the initial days which he later felt was nothing but beginner's luck. By the end of 1995, Gautam realised the importance of education and that too technical analysis in order to succeed. Again beginners luck on the subject made him earn quite handsomely. However, as it happens with everybody, undisciplined trading and excessive speculation made him lose the entire amount and he was forced to work for small firms make the ends meet. He continued with his job till 2003, where his work was that of a technical analysis trainer, data vending along with providing training to users of Metastock and Advanced Get. He quit the job in 2003 to open his own firm which catered to exactly the same services. From 2003 to the end of 2010 time flew fast as his business grew across West Bengal and it spilled over to various regions of India. Appearing on regional TV channels for debates and discussions on the stock market was a regular feature. However, he could hardly find time for trading in stocks and being a nonchalant trader occasionally ended up on the losing side.
In 2011, the time was ripe for him to plunge into stock trading. He has been working on quantitative analysis since 2006. The moment he started trading in stocks, he realised quantitative analysis of derivative data will be at par with technical analysis for short term and swing traders. He chalked out the entire blueprint of deciphering the derivative data (futures and options) , put it up in an organised way and started interpreting them. There were initial hiccups. Books on quantitative analysis gave him a broad picture, but none of it gave him the exact insight. He had to fine tune the data for the Indian stock market (NSE in particular). At a later stage he had to do the same for weekly expiries. As time passed on, the data was helping him with wonderful analysis. Over the years he met a lot of educated and successful traders, institution’s advisors, HNIs, and trainers themselves. Added to list was also his ex-employer and a host of successful students. He learnt from each one of them and continues to do so in some form or other. He is and shall forever remain indebted to them for he grows rich when they share their knowledge and expertise with him. Learning is a process of constant evaluation. Teaching is another way to learn when you teach one-two learners. It is when the trading balance sheet turns positive and remains healthy he considers his mission accomplished.
