Takashi Kotegawa, commonly recognized by his online alias "BNF," is a renowned Japanese day trader celebrated for his remarkable success in the Japanese stock market. Beginning as a university student, Kotegawa cultivated a disciplined and analytical approach to trading, which allowed him to steadily grow his capital.
The Japanese company J-Com Holdings had just had its IPO and Takashi Kotegawa was glued to the barricade of monitors in his bedroom all day. That's how he noticed that a trader at the big firm Mizuho Securities had placed a sell order for 610,000 J-Com Holdings shares at 1 yen.
Japan's famed 'bedroom' trader Takashi Kotegawa is one of its most famous intra day traders,who made a fortune from trading stocks on the Tokyo Stock Exchange in the early 2000s. Apparently he grew a small account of roughly $13,600 to $153 million in just about 8 years!
George Soros is perhaps the most renowned trader in the world, famous for “breaking the Bank of England” in 1992. His audacious bet against the British pound earned his fund over $1 billion in a single day.
1. George Soros. George Soros is a Hungarian-American businessman, author, and philanthropist. Soros also runs a hedge fund called the quantum fund which gave an average return of 30% from 1970 to 2000, making him one of the most successful investors of all time.
One of Jack Kellogg's main indicators is the volume-weighted average price (VWAP). This shows the average price paid for shares and helps him gauge sentiment. He only uses indicators as a rough guide but never trades solely on them, he noted.
1. George Soros. George Soros, often referred to as the «Man Who Broke the Bank of England», is an iconic figure in the world of forex trading. His net worth, estimated at around $8 billion, reflects not only his financial success but also his enduring influence on global markets.
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.
Apparently, he thinks it's easier to make money in bear markets than in bull markets. He looks for short-term rebound plays in stocks that are down. Some describe Takashi Kotegawa's trading style as divergence day trading.
The world's most popular trader of all time, Paul Tudor Jones, established the private asset management company Tudor Investment Corporation in 1980, which now manages $13 billion in assets per Forbes.
Scholars estimate that between 1946 and 1951 the United States contributed more than $2 billion to rebuild schools, factories, and other institutions that the war destroyed.
A bedroom trader, Navinder Sra, becomes a legend by using innovative strategies to manipulate the market, leading to a $1 trillion loss in just minutes. His success stems from a unique blend of gaming skills and algorithmic trading, ultimately drawing the attention of regulators after years of profitable spoofing.
Key Takeaways. Jesse Livermore was a stock trader that amassed a huge fortune worth $100 million ($1.5 billion in today's money) at his peak in 1929. Livermore traded on his own, using his own funds, his own system, and not trading anyone else's capital.
George Soros is a Forex Trader and Billionaire. Bill Lipchutz is a forex trader and Billionaire. Bruce Kovner is a forex trader and Billionaire. And many more people you will find out there that are billionaire through forex trading.
It is possible to earn money with day trading and make a living from it and generate high income - but the chances are extremely low. A maximum of three percent of all traders achieve long-term profits; the vast majority lose large sums of money.
George Soros
His most famous trade, “breaking the Bank of England,” earned him over $1 billion in a single day. Soros' success stems from his deep understanding of economic trends and his willingness to take substantial risks.
If a person trades for excitement or social proofing reasons, rather than in a methodical way, they are likely trading in a gambling style. If a person trades only to win, they are likely gambling. Traders with a "must-win" attitude will often fail to recognize a losing trade and exit their positions.
The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.
Some observers have regarded Livermore as the greatest trader who ever lived, but others have regarded his legacy as a cautionary tale about the risks of leverage to seek large gains rather than a strategy focused on smaller yet more consistent returns.
According to English records, his personal worth is estimated to be worth 8 million rupees, a substantial amount of money at the time. He has been variously described as a "merchant prince," and a "plutocrat." The business activities of Virji Vora included wholesale trading, money lending, and banking.
1. George Soros. George Soros, aka "the man who broke the Bank of England," was born a Jew in Hungary in 1930, survived the Holocaust, and fled the country then. He is one of the most popular and famous traders worldwide.
Damilare Ogundare, also known by his trading alias "Habby Forex," is one of the youngest and wealthiest forex traders in the world. Born on March 18, 2001, Ogundare began his trading career in 2017 and made his first million at the age of 18. By 2022, his estimated net worth had reached approximately $5 million.