Takashi Kotegawa-Mysterious Japanese trader who made $153M profit

Mysterious Japanese trader who made $153M profit

Japan’s famed ‘bedroom’ trader Takashi Kotegawa, is one of its most famous day trader in Japan, who made wealth from trading stocks, on the Tokyo Stock Exchange in the early 2000s. He made fortune and grew a small account, of roughly $13,600 to $153 million in just about 8 years! There was a facts, when sometimes he even made millions per trade.

Thank you for sharing information about Mr. Takashi! Im happy to know more about his secrets of trading. :grinning:

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As far as I’m aware it’s complete control over his emotions, whether he was winning or losing it didn’t matter.

Internet source:
Some people describe Takashi Kotegawa’s trading strategy as divergence day trading, wherein he uses indicators like Bollinger Bands, Relative Strength Index (RSI), volume ratio, and the 25-day moving average for decision making.

:100: This rule work for every trader

This is interesting. Looks like He uses a pullback strategy based on the 25 EMA, and volume as confirmation, on the daily chart.

When price moves more than 25% away from the EMA he opens a position (a large position) in the opposite direction. At least that’s my understanding of this strategy.

Doing some testing with forex pairs I don’t think this would work as well. Especially with today’s volatility. But it is an interesting concept.

That’s extremely interesting information which leads me to acknowledge he is anticipating a probable directional move, therefore taking a position on the ‘right’ side. And this is in accord with another (stock) pro trader who uses the EMA 20 to the same effect on the monthly chart.

Suitable for long term FX swing traders, perhaps.

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I think forex is gambling

FX is highly speculative and 85% of traders lose their accounts. That’s why every regulated broker is required to inform potential clients of the risks involved in trading. If you have any concerns do not apply to join.

Regretably social media marketing hype promises financial success to everyone, which is fantasy land.

Now that’s something I’ll look into. Perhaps even the weekly charts.

can u show some charts?

I talked to profitable traders they said they dont like FX low volatility compare to stocks and crypto my score for asset classes:

  1. crypto :bear:
  2. stocks :see_no_evil:
  3. fx :sloth:

Hello where is Takashi

:money_mouth_face: he is making money!

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