Brandon Fleisher is a notable 17-year-old stock picker from Toronto, Canada, who gained attention for reportedly doubling his money in 14 months and managing a portfolio worth around £20m. He focuses on growth investing, specifically small-cap stocks, and spends hours researching them.
Alex Gonzalez (known as Alex G online) is a forex trader and social media influencer based in Miami Florida. In 2018, at 18 year old, Alex was working a minimum wage job at Dunkin' Donuts. Unhappy with his circumstances, he explored other methods of making money including stocks, drop-shipping, and rental arbitrage.
The youngest trader millionaire in India, Nikhil Kamath, didn't start by reading dusty financial books or sitting in classes all day. He was just 17 when he quit formal education, but he got right into the action with a regular job at a call center and spent his evenings studying the stock market.
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.
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.
George Soros — Earned $1 Billion in 1 Day. Of course, George Soros is one of the top Forex traders. Perhaps, he is the best Forex trader in the world, and, for sure, he is the best day trader in the world. Soros was born in 1930 in Hungary.
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).
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.
Many people have made millions just by day trading. Some examples are Ross Cameron, Brett N. Steenbarger, etc. But the important thing about day trading is that only a few can make money out of day trading and the rest end up losing their entire capital in day trading.
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.
No one in the history of the world has ever amassed $1 trillion in wealth before. But that looks like it's about to change—soon.
Jennifer Lopez Is Richer
The "90-90-90 rule" in trading is a harsh reality check stating that 90% of new traders lose 90% of their money within the first 90 days, highlighting the high failure rate due to emotional decisions, poor risk management, and lack of education/strategy. It serves as a cautionary tale, emphasizing that success requires discipline, a solid trading plan, continuous learning, and strict risk control (like risking only 1-2% per trade) to avoid the common pitfalls that wipe out most beginners.
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.
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.
Top 10 Traders in the World – How They Got Rich