The Day Trader Who Turned $13,600 Into $153 Million
All of you who were inspired by my little feat of turning $12,415 into $1.65 million in 4 years (as detailed in my book An American Hedge Fund) and now repeating the feat and turning $12,415 into $103,000 (so far after 2 years…every step detailed HERE), prepare to be even more inspired when you read about this guy:
(of course he doesn’t have a real-time trade alerts service like the one for TIMalert subscribers nor is he willing to teach you his strategy through 10 separate instructional DVD packages…oh yeah, and he seems to have disappeared…)
Meet Takashi Kotegawa (aka BNF / J-Com man), Japan’s most famous day trader:
Do you speak Japanese? I certainly don’t.
Good news is that a few sites have covered him already HERE and HERE and this is what they say about good ole Takashi:
On October 9, TV Tokyo broadcasted a special program that consisted of information about US subprime mortgage woes, worldwide market turmoil in this summer and gold market price.
This man (29-years-old) is most famous Japanese individual stock day trader named Takashi Kotegawa, his nickname is “B・N・F”. He has increased his own fund from 1.6 million yen ($13,600) to 18 billion yen ($153 million) for 8 year or so (I have ever introduced his information to FF members in May).
Anterior half: His trade room which he bought a condominium in cash that’s worth 400 million yen. On August 17, when he saw big fall of Tokyo market, he decided to become wait-and-see stance. He said that his decision was the worst in this year and he deeply regrets that he failed to earn 500 million yen at that time.
Last half: After FOMC’s interest rate cut, he sold all his stock holdings(financial sector stocks etc…) and he earned 400 million yen by the close of morning trading. He said to the announcer, “I don’t know Japanese stock market’s future. I don’t look at market from a long-term perspective.”
What is revealed:
The most expensive thing he bought recently were two Nintendo Wii gaming systems.
He doesn’t carry around large amounts of cash because he feels that looking at it would hurt his ability to make sound judgments when day trading, penny stocks or otherwise.
He eats cup ramen for almost all of his meals. Not only does it save time, it also prevents him from eating large meals that make him sleepy.
If anybody knows anything more, please do share, it’s ridiculously tough to get over the language barrier.
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Hey Everyone,
As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!
Which is why I've launched my Trading Challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.
So when you get a chance make sure you check it out.
PS: Don’t forget to check out my 30 Day Bootcamp, it will teach you everything you need to know about trading.
I do live in Japan. The program on the top video (the YouTube vid) was aired in December 2008.
Mr. BNF goes into his philosophy in the sitdown session with the journalist, Hiroshi Kume (one of my favorite TV presenters…he’s not on so much anymore, unfortunately). BNF-san says that he doesn’t make money to use it. Aside from the amazing condo he owns (from which you can see the building where my current day job is), he lives a very frugal lifestyle. No car, no travel, etc. His concept of making money isn’t to use the money, but he just likes to run the market for the sake of running the market.
There’s several other videos on BNF, both in English and Japanese, out there. He was a large presence in the day trading community here from 2000-2008, but, recently, not much has been heard from him.
The Bloomberg clip talks about another trader.
Hi Timothy, I paid for his strategy via his website, on the 17th of January which forces you to pay with Bitcoin. After numerous attempts via WhatsApp and Telegram to either get the strategy or my funds. NO REPLY. Personally I think he is a hoax. Please do not send money to him.
I believe this is scam
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My First time reading this
difficult to take this site seriously given the number of typos.
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‘…deeply regrets that he failed to earn 500 million yen at that time’. Lol @that!!!
Yea i read about this guy before, he got a huge break in the form of a fat finger:
On December 8, 2005 an order from Mizuho Securities meant to sell 1 share of J-Com Co for 610,000 yen was mistakenly entered as a sale of 610,000 shares at 1 yen, resulting in an estimate loss of $347 million. Following the incident, though a considerable number of firms who had profitted from the order misplacement agreed to hand back their earnings (41.38%), a good number of individual traders refused to do so, as they were not obliged under Japanese law. Such was the case of B.N.F, who managed to amass, in a period of just ten minutes, a figure of 2 billion yen (apr. US$20 million).
the old saying “the harder i work the luckier i get” comes to mind.