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I recently came across a fascinating trading story that I have to share with you. Do you know Takashi Kotegawa? Probably not — but this Japanese day trader is an absolute legend in intraday trading, and his story is simply wild.
The crazy part: This guy started in 2001 with just $13,600 and turned it into over $150 million. In eight years! And the best part: He did it practically from his bedroom, while most traders haven't even doubled their starting capital.
What makes Kotegawa so special? He's extremely mysterious. There are hardly any photos of him online, and he gives no interviews. Some even speculate whether he's real at all — but the numbers speak for themselves.
His strategy was actually pretty clever. He began during the dot-com bubble when the markets were in free fall. Instead of fighting against it, he exploited it. He looked for stocks that were at least 20% below their 25-day moving average, combined with RSI signals indicating oversold conditions. Then he waited for a trend reversal within the same day and took quick profits.
But then came 2005 — the trade that made him legendary. A trader at Mizuho Securities made a massive mistake and sold 610,000 shares of J-Com Holdings at 1 Yen instead of 610,000 Yen per share. That was a huge error. The stock crashed, Kotegawa grabbed 7,100 shares at the bottom, and when the stock rebounded — boom — $17 million profit in a single day! Today, that would be over $400 million. Crazy, right?
What impresses me even more: Kotegawa isn’t like other successful traders. He doesn’t brag, doesn’t buy expensive cars or watches. He lives modestly, stays invisible. His only big investment was a new apartment — apparently, his bedroom had become too small. That shows real mentality.
The interesting part is: Kotegawa trades out of love for trading, not for money. For him, trading itself is the reward. That’s a lesson many of us have forgotten.
Of course, we have to say — such results are extremely rare and require huge moments of luck like the J-Com trade. But the strategy and discipline behind it? That’s something we can all learn.