Takashi Kotegawa, also known as "BNF," is a famous Japanese day trader who turned roughly $13,600 into over $153 million in less than a decade, peaking around the late 2000s. While some, often unverified, sources refer to him as a "billionaire" (or claim his net worth reached $1.8B), he is more consistently reported as having a fortune in the $150–$400 million range.
Takashi Kotegawa, also known as BNF, is a legendary Japanese day trader who famously turned an initial capital of around $13,600 into an astounding $153 million in approximately eight years.
In the early days, Takashi would do what many stock traders did. He would use a scanner to look for the biggest movers on the day. But he often found that he was too late to the move, so instead, he created a list of 50 stocks that had good price movements in the past.
Rakesh Jhunjhunwala. Rakesh Radheyshyam Jhunjhunwala (5 July 1960 – 14 August 2022) was an Indian billionaire investor, stock trader, and Chartered Accountant. He began investing in 1985 with a capital of ₹5,000, with his first major profit in 1986.
In the high-stakes world of trading, few stories are as captivating as that of the Japanese day trader known by the pseudonym "CIS." In August 2015, amid global market turmoil, CIS claimed to have made a staggering $34 million in a single day.
I just crossed + $500,000 in profits after 1 year of full time day trading. In that time, I have had a maximum cumulative drawdown of only — $6,419 with an average drawdown of -$1,000. This article is my holistic approach to risk management that any trader can apply to their own strategies.
He seems to have shifted his focus on the slower real estate market (a rumor is due to spend more times with his wife and families).
A ¥400,000 monthly salary (around ¥4.8 million annually) is a decent, livable wage in Japan, especially for a single person in smaller cities, allowing for some savings; however, in expensive Tokyo, it's comfortable but requires careful budgeting, especially for families, as rent and living costs are higher. It's above the national average for younger workers and below the median in major cities, making it a solid foundation but not luxurious, with higher incomes needed for family comfort in expensive areas.
Honma Munehisa is best known for the candlestick chart that he has created and which is used throughout the world even today, as well as Sakata's Five Methods which is an investment tool that he produced based on his candlestick charting.
Stocks were valued at just 12 percent of what they had been worth in September 1929. Altogether, between September 1929 and June 1932, the nation's stock exchanges lost $179 billion in value. The great stock market crash of October 1929 brought the economic prosperity of the 1920s to a symbolic end.
His name is Takashi Kotegawa, known as BNF, and his journey remains one of the greatest stories in trading history. He didn't chase the market. He observed it, studied it, and understood the mind behind every candle. This is not just the story of how he made millions, it's the story of how he mastered himself.
Takashi Kotegawa's Most Famous Trade
Seizing upon a brief market mispricing, he executed a sequence of calculated trades, securing over $1 million in profit within a single day. This trade not only showcased his keen eye for market anomalies but also demonstrated his boldness in acting swiftly to maximize returns.
Some of the most frequent reasons for traders' failure to reach profitability are emotional decisions, poor risk management strategies, and lack of education.
The "24-year-old trader making $8 million" refers primarily to Jack Kellogg, a successful day trader who reported over $8 million in gains from trading in 2020 and 2021, starting with just $7,500 and leveraging key indicators like VWAP, support/resistance, volume, and linear regression for simple, adaptable strategies. His story highlights achieving significant returns by weathering different market conditions, learning from losses, and sticking to core principles rather than overcomplicating things.
Day trading presents similarities with some types of gambling, mainly with online and skill-based gambling. Even though day trading is not solely based on chance, due to its characteristic of short time between purchases and sales, it is often vulnerable to sudden price changes.
How Takashi Kotegawa turned ₹9 lakh into ₹1100 crore | Akhilesh Mishra posted on the topic | LinkedIn.
The 3-5-7 rule in trading is a risk management guideline: risk no more than 3% of capital on one trade, keep total risk across all trades under 5%, and aim for winning trades to be at least 7% larger than losing trades (or a 7:1 ratio) to ensure profits outweigh losses and protect capital. It promotes discipline, reduces emotional trading, and balances potential high rewards with controlled risk, making it great for beginners.