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  • Mystery Man Who Moves Japanese Markets Made More Than 1 Million Trades

    From bloomberg.com

    It was six minutes after the opening bell on Feb.4, and dozens of big-name stocks were still untraded in Tokyo. Telecommunications giant SoftBank Corp. was among those that hadn’t budged. The offer price fell 5 percent, then more, and still there were no takers. Then an order was filled: 300,000 shares at 6,714 yen -- worth just over 2 billion yen, or almost $20 million. Other buyers followed, momentum built, and the stock ended the day as one of only two gainers in the Nikkei 225 Stock Average. The man who made the market for SoftBank that winter morning was sitting in pajamas in a bedroom cluttered with comic ... (full story)

Awesome trader!!!
~I'll take 5 pips or whatever I can~
Quoting Ropoy
Awesome trader!!!
Wow. I wish I knew what he knew, or was just that lucky.
Quoting Forextrapain
Wow. I wish I knew what he knew, or was just that lucky.
I believe this guy was born to trade/gamble Just look at his history of playing games, gambling and trading. It must have been more than luck.
~I'll take 5 pips or whatever I can~
Quoting Ropoy
I believe this guy was born to trade/gamble Just look at his history of playing games, gambling and trading. It must have been more than luck.
Whatever it is, I sure wish I had 10% of it. LOL
  •  Guest
  • | IP XXX.XX.172.86
after reading it does have that feeling you're reading a fairytale. it even kinda correlates and is like a japenese rendition of the gospel of livermore. just showing screen shots of bank, tax, trade statements in trading forums doesn't prove much, anybody with time on their hands can falsify screen shot statements... not to mention in this article it never mentions anything about losses, only just his massive winnings in the millions. thats just two red flags there, no way around it, only just screen shots of financial statements are not verifiable therefore this story can not be classified as non-fiction.
Quoting Forextrapain
Wow. I wish I knew what he knew, or was just that lucky.
try play mmorpg and make money inside, i find trading is easier.
Quoting Ropoy
I believe this guy was born to trade/gamble Just look at his history of playing games, gambling and trading. It must have been more than luck.
1 million trades, definitely not a luck. He's some kinda master in math esp. fibo...
Keep calm and go GREEN...
Kung Fu Tse (Confucius' real name) say; Man who bet big, move market, until big money algos fall on head.

Seen these flash-in-the-pans come and go over the years, until some traders at the big banks/hedge funds decide to move the price against his big positions. Ouch! How's that going to work for you CIS?

But fun while it lasts! He should stop while he's ahead, but his kind rarely does. He thinks he's superman and doing it all himself. But a lot of it is situational. Right time, right place. He forgets, it's not what you make, it's what you keep...

No big secret to his technique - he's just manipulating the market with size. And it doesn't last forever, even for Paul Rotter, the notorious bund "flipper" who reportedly made $60 mil/yr for 11 years, or Jesse Livermore, for that matter, who committed suicide leaving a pittance of the millions he made in profit. :^0

You rock the pin ball machine too much & eventually it says "TILT - GAME OVER"

Right now Japan is so desperate for any kind of market action that they will tolerate, and even encourage, just about anything. This grasping at straws, though, usually ends badly. Usually, very badly...

The chickens may start to come home to roost beginning in 9/2016, that is, if Martin Armstrong is right. And he's usually right! ;^D
The mind thinks, the heart knows...
He told you everything you need.

"Forget the fundamentals" as we are talking about daytrading.

“Buy stocks that are being bought, and sell stocks that are being sold.”

"after learning to follow the momentum"

"he bets wrong four out of 10 times. The trick is to sell the losers fast while letting the winners ride."

"CIS doesn’t seem to regard trading, or amassing money, as a means to anything. Trading is the point."

So, go with the daily trend (impulsive and corrective waves), cut your loss, and you have to love what you do.
Quoting Ever E. Man
Kung Fu Tse (Confucius' real name) say; Man who bet big, move market, until big money algos fall on head.

Seen these flash-in-the-pans come and go over the years, until some traders at the big banks/hedge funds decide to move the price against his big positions. Ouch! How's that going to work for you CIS?

But fun while it lasts! He should stop while he's ahead, but his kind rarely does. He thinks he's superman and doing it all himself. But a lot of it is situational. Right time, right place. He forgets, it's not what you make, it's what...
What a stupid comment, come back and read your own comment when you feel happy...

and i bet he still will have 60+mil more profits then you.
Probably the worlds best currency trader.
Quoting Wheathermakr
What a stupid comment, come back and read your own comment when you feel happy...

and i bet he still will have 60+mil more profits then you.
Quoting Fudomyo
Your opinions are a reflection of your personal bias and have nothing to do with how another trader operates in the market.

And what Martin Armstrong thinks has no relationship to Japanese trader's profitability.
As you wish. Good luck in your trading endeavors!
The mind thinks, the heart knows...
Quoting Visitor
He told you everything you need.

"Forget the fundamentals" as we are talking about daytrading.

“Buy stocks that are being bought, and sell stocks that are being sold.”

"after learning to follow the momentum"

"he bets wrong four out of 10 times. The trick is to sell the losers fast while letting the winners ride."

"CIS doesn’t seem to regard trading, or amassing money, as a means to anything. Trading is the point."

So, go with the daily trend (impulsive and corrective waves), cut your loss, and you have to love what you do.
Nice summary, thanks
  •  Guest
  • | IP XX.XX.80.21
Quoting Gwan
try play mmorpg and make money inside, i find trading is easier.
+1
Easier not only for the amount of money you can make but for time and effort needed to make any of it too.
Plus a game will eventualy stop being entertaining whilst market analysts and traders will always figure a brand new joke of why market moved this or that way every day.
Not much impressed after reading his story.. I think he was just lucky on that one,there's no mystery behind his work.This story can spoil some rookies,pretty dangerous for the traders who believe on luck more than hard work!
Quoting Jj1459
Not much impressed after reading his story.. I think he was just lucky on that one,there's no mystery behind his work.This story can spoil some rookies,pretty dangerous for the traders who believe on luck more than hard work!
I agree with you on that. He was clearly lucky. He simply took a position because he taught IT WAS OVERSOLD. He guessed correctly. He did make a ton of money on the trade, but in no way shape or form has he down anything different from what any of us do. Now if the guy had hundreds of trades in which he had perfect entries, then I would say the guy is a Guru, but having a ton of funds and going all in because it is OVERSOLD is purly luck!
Quoting Master_kiwa
I agree with you on that. He was clearly lucky. He simply took a position because he taught IT WAS OVERSOLD. He guessed correctly. He did make a ton of money on the trade, but in no way shape or form has he down anything different from what any of us do. Now if the guy had hundreds of trades in which he had perfect entries, then I would say the guy is a Guru, but having a ton of funds and going all in because it is OVERSOLD is purly luck!
Lol lucky? He has made 16 billion yen trading over at least 10 years. 10 years of luck? Yeah right. This guy is a master at his craft and that is it.
I Am The Danger... I Am The One Who Knocks
Quoting HeisenbergFx
Lol lucky? He has made 16 billion yen trading over at least 10 years. 10 years of luck? Yeah right. This guy is a master at his craft and that is it.
I definitely agree with you!!! He has serious skills at his disposal!!! I, too, believe that it was not pure luck.
~I'll take 5 pips or whatever I can~
Amazing article. This guy will be me in 10 years.... muahhh hahaha

And btw, it is not luck. This guy is a genius, pure and simple.
Please check out my blog at https://from-zero-to-hero . net
"Man of substance".
This is the Dream of maximum traders on FF who start with few cents to a maximum of a few hundred dollars.
Persons with lots of money are a different case altogether.
Theoretically if this achievement consists of 100 steps I feel I have only just come to the start of this stairs without even having climbed one till now.
Maybe by 2022-2025 I may have climbed about 50-75 steps where in I have aimed to be trading a few million dollars.
Distant Dream but then , to achieve high you have to first dream big and work even harder and enthusiastically.
Good Luck to all traders with this dream/vision.
Wish me also luck.
Leaders don't do different things, but they do the same things differently.
Well if you guys are inspired by this guy then your forex trading career won´t last very long. The guy simply wagered 20million dollars because he thought the stock would BOUNCE! How much skill takes to GUESS? That is by far the dumbiest thing anyone can do. Yet, he lucked out on that trade and because of his liquidity he would make it very hard for that guy to margin call.
Quoting Wheathermakr
What a stupid comment, come back and read your own comment when you feel happy...

and i bet he still will have 60+mil more profits then you.
You are more interested in the amount of funds he made in profit, instead of how he actually did it. Noob!
Quoting Ever E. Man
Kung Fu Tse (Confucius' real name) say; Man who bet big, move market, until big money algos fall on head.

Seen these flash-in-the-pans come and go over the years, until some traders at the big banks/hedge funds decide to move the price against his big positions. Ouch! How's that going to work for you CIS?

But fun while it lasts! He should stop while he's ahead, but his kind rarely does. He thinks he's superman and doing it all himself. But a lot of it is situational. Right time, right place. He forgets, it's not what you make, it's what...
Paul Rotter still trading in Singapore, although no longer "flipping" the bund. Not to be lumped up with an addicted gambler, imho.
Patience is magic
He is lucky fx brokers were not able to manipulate the trend to go the other way.
Quoting Master_kiwa
Well if you guys are inspired by this guy then your forex trading career won´t last very long. The guy simply wagered 20million dollars because he thought the stock would BOUNCE! How much skill takes to GUESS? That is by far the dumbiest thing anyone can do. Yet, he lucked out on that trade and because of his liquidity he would make it very hard for that guy to margin call.

20 million dollars is 2187700000.00JPY, or about 2 billion yen, he had a 16 billion yen portfolio, with this wage you claim is the "dumbest thing any one can do" was only using 12% of his equity to take the position and he wasnt going to let the position value go to 0.... also this would be using 1:1 leverage on his money... Most people are more over leveraged than he was on every single trade they take on this blasted forum.... and again luck., i dont think so. this guy is a master at what he does. and all you guys who say otherwise don't know anything about trading or didnt read the article all the way through cause if you did you would understand that even if this position did go to 0, he would still be richer than every one on this forum with 14 billion yen or 140 million dollars....
I Am The Danger... I Am The One Who Knocks
Quoting HeisenbergFx
20 million dollars is 2187700000.00JPY, or about 2 billion yen, he had a 16 billion yen portfolio, with this wage you claim is the "dumbest thing any one can do" was only using 12% of his equity to take the position and he wasnt going to let the position value go to 0.... also this would be using 1:1 leverage on his money... Most people are more over leveraged than he was on every single trade they take on this blasted forum.... and again luck., i dont think so. this guy is a master at what he does. and all you guys who say otherwise don't know...
You are by far the DUMBEST person on this forum if you believe his position was taken on anything other then luck! You are claiming he is a good trader because he has more money then everyone here, but look at why he took the position! He took it because IT WAS OVERSOLD! If that isn´t by far one of the noobish things to do then I don´t know what else is.
Quoting HeisenbergFx
20 million dollars is 2187700000.00JPY, or about 2 billion yen, he had a 16 billion yen portfolio, with this wage you claim is the "dumbest thing any one can do" was only using 12% of his equity to take the position and he wasnt going to let the position value go to 0.... also this would be using 1:1 leverage on his money... Most people are more over leveraged than he was on every single trade they take on this blasted forum.... and again luck., i dont think so. this guy is a master at what he does. and all you guys who say otherwise don't know...
oh by the way. That guy could of easly bought a stock which could of ended up being halted, followed by being delisted which could eventually ended up with a reverse spilt which would of turn his investment into damm there nothing! Of course he would not of lost everything, but he would of been holding a very very heavy bag! You may want to reevaluate your definition of a good trader!
Quoting Master_kiwa
You are by far the DUMBEST person on this forum if you believe his position was taken on anything other then luck! You are claiming he is a good trader because he has more money then everyone here, but look at why he took the position! He took it because IT WAS OVERSOLD! If that isn´t by far one of the noobish things to do then I don´t know what else is.
And this is by far a dumber comment than the dumbest one.

Let's see here:

Nikkei 225 that means there are 225 stocks in it. And 2 of them rose on that day which was less than 1% of them.

He was in the 1 % while 99% of investors who held other stocks lost their money on that day.

Was he lucky or did he know? Neither.

On a day, what is the statistics that all 225 stocks fall in a day? Maybe less that 1%. So a stock or two have to rise on any given day.

Follow the logic? Remember 99% of investors who held other stocks lost their money on that day.
Feeling lucky or unlucky?

Now the sad story and nothing to cheer about. What is the chance of you were in the missing MH370 plane on that day?

Did you know or were you unlucky? See, lucky and unlucky is just a hairline of 0.0001 millimeter. If only you are off by that much, you are lucky. Or you maybe unlucky.
Quoting frx_trader
And this is by far a dumber comment than the dumbest one.

Let's see here:

Nikkei 225 that means there are 225 stocks in it. And 2 of them rose on that day which was less than 1% of them.

He was in the 1 % while 99% of investors who held other stocks lost their money on that day.

Was he lucky or did he know? Neither.

On a day, what is the statistics that all 225 stocks fall in a day? Maybe less that 1%. So a stock or two have to rise on any given day.

Follow the logic? Remember 99% of investors who held other stocks lost their...
Well it appears this post will be around for awhile. I think that you are falling to understand my point. Do remember that the idiot MADE THE MARKET for the currency. Maybe because everyone else who entered after him pumped up the price when no one else wanted to buy prior to him entering created enough of a spike for him to get in and out of the currency.
You are comparing what everone else did, but did all the other stocks have the liquidity which this one stock did? The article doesn´t say, but my guess would be no! Especally when most silly ducks look to enter into a stock or in our case a currency because it is OVERBOUGHT OR OVERSOLD DOESN´T make the entry any better then closing your eyes and picking heads or tails for 1 million dollars.
Had this trader been someone who fiquered out the MATH on entering a stock or currency at the best possible price time and time again, instead of simply making the market and hoping that all the noob cakes buy after him, then I would give him respect for what he has done.
Yet, him being liquid, trading with no leverage, and simply GUESSING THAT PRICE WOULD GO UP. Doesn´t make him a guru at trading. It simply makes him a luckly rice eater!
Quoting Master_kiwa
oh by the way. That guy could of easly bought a stock which could of ended up being halted, followed by being delisted which could eventually ended up with a reverse spilt which would of turn his investment into damm there nothing! Of course he would not of lost everything, but he would of been holding a very very heavy bag! You may want to reevaluate your definition of a good trader!
you are a fool.


again even if this happened he would still have 140 million dollars or 88% of his portfolio... I still do not understand how you dont get this... THE ABSOLUTE WORSE CASE SCENARIO INCLUDING STOCK BECOME NOTHING AT ALL, WAS ONLY 12% RISK LOL... When you trade your EURUSD and risk 2 % on 20 pips or 100 pips, something could happen where it goes to 0 and you lose well over 100% of your account because I guarantee that not a single trader who trades the EURUSD has a stop loss set at 0 and they would lose way more than 12% if it ever hit 0... This guy managed his risk extremely conservatively if you only had 12% at risk if the market went to 0 or dipped 100% you are in AMAZING SHAPE.... most peoples accounts go to 0 when market dips 25%.... Itd be like him taking a position in EURUSD at 1.28 long and would only lose 12% if it dropped to 0 lol or 12,800 pips.
I Am The Danger... I Am The One Who Knocks
To put what he did with his portfolio into a smaller amount easy to under stand.

That would be like longing the eur with a $1000.00 account using lot size of .01(so 1000 units) and a stop loss of 12,800 pips. lol and that is what you call risky trading? Give me a break...
your trying to say that some one who took this trade was not evaluating risk at all and was "dumb" for doing so...
I Am The Danger... I Am The One Who Knocks
Quoting HeisenbergFx
you are a fool.


again even if this happened he would still have 140 million dollars or 88% of his portfolio... I still do not understand how you dont get this... THE ABSOLUTE WORSE CASE SCENARIO INCLUDING STOCK BECOME NOTHING AT ALL, WAS ONLY 12% RISK LOL... When you trade your EURUSD and risk 2 % on 20 pips or 100 pips, something could happen where it goes to 0 and you lose well over 100% of your account because I guarantee that not a single trader who trades the EURUSD has a stop loss set at 0 and they would lose way more than 12% if it...

Once again you are failing to understand what it is I am saying. You are talking about RISK management instead of looking at WHY he took the position.
You are saying that if a trader took an order of 1.3999 buy of eur-usd 4 months ago, isnt a bad trader even if he loses 1400 pips, because he only risked .003% of his account. What I am saying is a person taking a GOD DAMM position based on over bought or over sold is by far the dumbest thing you can do.
So what if that rice eater can´t margin out, the reality is he would still be in a floating loss which could turn into a delisted stock, which would leave him with NOTHING you pee-brain!
You my friend know nothing about trading, and it is evident because of the comments of which you are using to support that guys trades. Who cares about money management. IN THIS CASE... They aren´t even highlighting it. They are simply stating his winning position, and why he took the position. Well for simply buying a stock because it was beat down to the floor is the same as betting on red until you win 1 million dollars! It is pure luck.
I unlike you, have a trade explorer account posted, along with money in myfxbook. I unlike you have over 140k usd in capital! You can see all my losers and winners. I don´t take trades because I believe the currency is over bought or over sold. People who do so use little equity because they know they will be facing a super high Pip-drawdown due to the position being based on pure luck.
Simple look at the EUR.-USD trade... How many people have been wiped out due to this 1400 pip drop! Even if a person used 100% equity with 1:1 leverage the reality is they need to get back 1400 pips just to break even. That my friend is horrible money management due to GUESSING.
As for EUR-USD going to 0.00 while the market is open it will NEVER HAPPEN! That my friend would only occur when the market is closed, as that would be the perfect time to catch everyone off guard.
The guy who you hail a trading GOD took a shot on stock that could of easily been reverse spilt, or even delisted, which would of left with almost nothing. Have a look at what reverse spilt does to the shares which you have, and tell me how you would of felt if that was your funds!
Quoting HeisenbergFx
To put what he did with his portfolio into a smaller amount easy to under stand.

That would be like longing the eur with a $1000.00 account using lot size of .01(so 1000 units) and a stop loss of 12,800 pips. lol and that is what you call risky trading? Give me a break...
your trying to say that some one who took this trade was not evaluating risk at all and was "dumb" for doing so...
You are such a noob cake. I didn´t say his money management was risk. I said the reason why he took the position was risky. Did you take the time to read what I wrote or did you just skim through it? Did you even see why he actually bought? Did you see his justification for his position?
Yes he could of bought, and after he bought they could of taken the price down even further, but remember you simple minded noob, if the freaking stock would of dropped another 50% after he bought, and he was trading with 1:1 leverage then he would of lost 50% of his funds! It is much easier to lose 50% in stocks with no leverage then it is to lose 50% of your account with 1:1 leverage in forex! Dumbarse! Pick up a book or something!
Quoting Master_kiwa
Yet, him being liquid, trading with no leverage, and simply GUESSING THAT PRICE WOULD GO UP. Doesn´t make him a guru at trading. It simply makes him a luckly rice eater!
300 grand shares @ 6714 Yen = 19 to 20 mil USD.

If the price had gone down, or reverse splitted, he would have lost some of his money. Say, Maybe more than 50%.

So would have all the investors who held that stock.

He was not alone in this market. There were already 99% of investors who lost some of their money. So, he would have just been a number in those 99%. Nothing special.

So MH370 plane has not been found. There were more than 200 passengers onboard. Everyone of them are missing. But remember, they are not alone. Why would more than 200 ppl have an unlucky day and miss at the same time? Can you explain?

Back to the trader. So 99% investors had an unlucky day. Why would he be lucky? The odds was against him. As if only 1 passenger on MH370 were not missing. And it would be very odd. Lucky or unlucky? Your pick.
trading is a video game we play with real money...plain and simple..

his brain is hard wired to thrills in the market. he is in for the trading not for the money..

the money is the reward..trading is the reason/the thrill
practising coitus interruptus
Quoting Muntu
Paul Rotter still trading in Singapore, although no longer "flipping" the bund. Not to be lumped up with an addicted gambler, imho.
I wasn't lumping them together, just making the point that part of Rotter's success was situational. He moved to Singapore because he had to adjust to changing market conditions, the extensive use of algos, which he admitted were making it hard to profit from his style of trading.

CIS is a noobie. He's taking all the credit for his success, part of which is situational. He may be able to adjust when the situation changes, who knows? Time will tell. I wish him luck.
The mind thinks, the heart knows...
Luck?
Luck never brought anybody that far!!!!

16 billion Yen by Luck? No Way!!!
i worshipped... Momentum
What I feel is that people are wasting unnecessary time debating on this. No offense intended to anyone here.
I give you an example : take a 200 ml transparent glass. pour 100 ml water into it. Some people will say it is half full while others will say it is half empty. Both are equally correct in their own way.
Similarly in the above article let each one believe what they want. LUCK , SKILL , whatever. We will neither enjoy the profits nor share the losses.
Its no use of us trying to be bothered about his money.
Lets learn what we want to from this article.
Leaders don't do different things, but they do the same things differently.
This article fails to mention that 99% of the investors lost some money on that day. So, ok, one big winner. It doesn't mean he will win all the time. How about his past performance? How much has he lost before scoring the big winner?

So, here is a guy who hit one bulleye after throwing 1000 darts. Forget about his past losses. He is the big winner who KO'ed the market. Great.

Who I mean is consistency. If it is forgotten than trading is nothing more than gambling and hit any currencies blindly hoping to score big.

If you can profit 1% of your account every week, than you can make 52% in a year.

Most traders in any year win 1% in 50 weeks and lost 60% in 2 weeks. That how the market hit on you. You punch the market for 50 weeks, the market punches back at you in 2 weeks and you lost 10% in a year.

Happy trading.
  •  Guest
  • | IP XX.XXX.11.183
If he was a mystery man they would not know about him - they are flying a kite. Do they know about me? Of course not. No one does.

The Crow (+_+)
Here are a few lines of many that I have extracted from the article on why I believe he is a skillful trader :

1. "The 35-year-old day trader says he made 6 billion yen, after taxes, betting on Japanese stocks last year."

2."During a decade of day trading, having started more or less from scratch, CIS has amassed a fortune that he says now exceeds 16 billion yen. In the process, he has become a cult figure among Japanese day traders, a tight circle of self-taught professionals who take pride in working one of the world’s toughest markets. CIS has been the subject of much chatter and speculation. A Wikipedia page attempts to track his investment results."

3. "He did show multiple 2014 statements from one of his many brokerage accounts, in addition to his 2013 tax return. Those brokerage statements, from SBI Holdings Inc., showed liquid assets ranging from 4.4 billion yen to 4.8 billion yen. His tax return showed he traded 1.7 trillion yen worth of Japanese equities in 2013 -- about half of 1 percent of the value of all the share transactions done by individuals on the Tokyo Stock Exchange. On his busiest day, he says, he bought and sold 70 billion yen worth of stocks."

4. "CIS’s first big score came on Dec. 8, 2005, when someone at Mizuho Securities Co. made a costly typing mistake. Rather than selling a single share of a small recruiting company called J-Com Co. for 610,000 yen, Mizuho offered 610,000 shares for 1 yen each. The order was for 42 times the number of outstanding shares. CIS saw it had to be an error and was among a small number of day traders and institutional investors who pounced. CIS says he bought 3,300 shares, about a quarter of the actual total, at the limit-low price.
By the time everything was sorted out, Mizuho’s quarterly profit was gone and CIS was, as he tells it, 600 million yen richer. "

etc,etc,etc
Leaders don't do different things, but they do the same things differently.
this guy must be ninja hatori hahahaaa
take what you can take, before market take it back
Quoting frx_trader
This article fails to mention that 99% of the investors lost some money on that day. So, ok, one big winner. It doesn't mean he will win all the time. How about his past performance? How much has he lost before scoring the big winner?

So, here is a guy who hit one bulleye after throwing 1000 darts. Forget about his past losses. He is the big winner who KO'ed the market. Great.

Who I mean is consistency. If it is forgotten than trading is nothing more than gambling and hit any currencies blindly hoping to score big.

If you can profit 1%...
The article also failed to mention that Colonel Sanders didn't become successful selling chicken until he had failed, terribly, for the first 65 years of his life, or that Dave Thomas was an orphan who got lucky with his Wendy's franchise. Donald Trump made millions, only to go bankrupt, then start over from scratch to be worth more the second time around. Michael Jordan sucked at basketball as a young child growing up in NC, yet still went on to become one of, if not the, best players of all times. None of these above guys had any type of consistency, except in loses, yet still managed to impress us all with their outcome. Were they all too gamblers?

Moral of the story, most people don't get it right the first time, and if you check their past records, you will see many failures along the way. This guy, I'm sure, is no exception, but I take nothing away from him and what he has done. Call it luck or whatever, he has more money than all of us commenting on him, put together.
Quoting Forextrapain
Michael Jordan sucked at basketball as a young child growing up in NC, yet still went on to become one of, if not the, best players of all times. None of these above guys had any type of consistency, except in loses, yet still managed to impress us all with their outcome. Were they all too gamblers?money than all of us commenting on him, put together.
Do you expect a young kid to be consistent? Get real.
Quoting Forextrapain
Moral of the story, most people don't get it right the first time, and if you check their past records, you will see many failures along the way. This guy, I'm sure, is no exception, but I take nothing away from him and what he has done. Call it luck or whatever, he has more money than all of us commenting on him, put together.
So, do you expect an inconsistent guy to be successful later in his life? I wish I could be inconsistent yet still be successful.

These guys that you mention are richer than any professors who have shown consistent records of studying. So I bet you would hire inconsistent guys in your company and hope they would bring you success and luck. Good luck with that.
Quoting frx_trader
So, do you expect an inconsistent guy to be successful later in his life? I wish I could be inconsistent yet still be successful.

These guys that you mention are richer than any professors who have shown consistent records of studying. So I bet you would hire inconsistent guys in your company and hope they would bring you success and luck. Good luck with that.
No, what I was pointing out is the fact that you were saying that he was lucky once, and that that in no way showed a pattern of success because they didn't mention his past losses. Since he is a trader, we all know he has his share of losses. We all do. It's the nature of the game. We know all of these guys, I mentioned, by their success, but no one cares about their past failings trying to get to this point. When you see reruns of MJ on the court, no one says, "Oh yeah, but he was lucky to get on the team with the other Bulls, and become the greatest player of all time, but what about consistency?" "He wasn't always great, so it's pure luck" "Coach Jackson just threw darts against the board, and MJ was the one picked." That would be dumb. This guy has millions of dollars, and still continues to thrive in the market. Who cares about his past failings, those are a given. He made it. Luck, skill, call it what you want, but trying to say he was just throwing darts, and one hit, makes no sense, because that is to claim that anyone who succeeds at anything in life did it by pure chance. Reminds me of a stupid quote I heard a while back, "You didn't build that."
Quoting RockRobb
Luck?
Luck never brought anybody that far!!!!

16 billion Yen by Luck? No Way!!!
Yeah, that is what I was trying to explain above. If one was to agree with some of these posters thoughts, then some in my society are correct. I got my college degree because of nothing more than white privilege, and my trucking company out of pure luck, because along the way, my track record has no consistency. I failed more times than my banker would ever want to lose sleep over again. LOL So, since I have some things in life, it means that I was lucky, and others must surely had to lose to accommodate my success. That is belittling, to say the least. If one is jealous that this guy made something good happen for him and his family, that's fine, but don't try to discredit his success by saying he was just throwing darts, and one hit. We all are gamblers in one form or another.

Like I said before, some subscribe to the stupidity of "You didn't build that" theory. SMH
I know what is flabbergasting you people with this story:
How come a person can achieve that without being touted on Cnbc and all TV's as the world's ninth marvel, for people to pour billions into his hedge fund or buy whatever is to be peddled with his name.
Patience is magic
Quoting Muntu
I know what is flabbergasting you people with this story:
How come a person can achieve that without being touted on Cnbc and all TV's as the world's ninth marvel, for people to pour billions into his hedge fund or buy whatever is to be peddled with his name.
Yeah, I think it's cool that he lives a normal life, and not out "blinging" it up like a snob. He's got it, but feels no need to flaunt it. Most lottery winners are broke in less than 5 years from all the junk they buy. This guy will be wealthy for a long time. Good for him. May we all have his success one day.
He got lucky with his first trade.. after that he pushed the market and it became self-fulfilling.. I call it luck and a bit of smarts to manipulate. If you read carefully he contradicts his own style with his big trades... so he has no style.. just being able to push price is his style.
Quoting Forextrapain
No, what I was pointing out is the fact that you were saying that he was lucky once, and that that in no way showed a pattern of success because they didn't mention his past losses. ......
Hmmmmm,........ Let's see. On that day that 99% investors lost some of their money, this guy picked a winner.

I mean I am not going to imitate what he did. I mean if only we can make consistent trades every week, week in and week out, we can be a winner. Sure we won't be rich, but we are able to make a living out of those who loss.

And in no way I discredit his success. I mean we don't know his past tradings. If he is a consistent winner in the past, then we won't be surprised of his success at all. But if he lost so many times, then scored a winner, then he is a dart thrower. Well, we can disagree. But that is the way I see it.

We all hope one day we will score a winner, a big one. But we do that by buying time by scoring small winners consistently.

If we are up 50 pips in one trade, do we expect 100 pips? Do we expect 200 pips? Do we expect 500 pips? Most of us won't, and take 50 pips profit. "A bird at hand is better that a flock of birds in the sky."

I mean we should be consistent in our trades, and that would be enough. The rest, let's leave it to the market. Don't try to a hero.

This guy didn't believe the market and went against it. Tell anybody if they will follow this kind of advice. On that day, we would stay out of the market, because we didn't want to get burnt. We stay out of risk. We are in the market to make some pips and try not to loss our accounts.

Good luck.
Quoting Master_kiwa
You are such a noob cake. I didn´t say his money management was risk. I said the reason why he took the position was risky. Did you take the time to read what I wrote or did you just skim through it? Did you even see why he actually bought? Did you see his justification for his position?
Yes he could of bought, and after he bought they could of taken the price down even further, but remember you simple minded noob, if the freaking stock would of dropped another 50% after he bought, and he was trading with 1:1 leverage then he would of lost 50%...
... If the stock dropped 100% he could only lose 12% because the postion value was 20,000,000. If the stock dropped 50% after he bought he would have only lost 6%. for him to lose 50% of his account on the stock dropping 50% at 1:1 leverage is impossible if he is only using 12% of his cash cross 100%. I don't know if you know this but when buys a stock they don't put every single penny in their bank in it. They only have a certain % of their account invested as any professional trader knows he needs to have cash in how account to properly manage margin.



Again to say this guys trade was dumb is a dumb. Like some one quoted from the post above.

"1. "The 35-year-old day trader says he made 6 billion yen, after taxes, betting on Japanese stocks last year." He makes more many after taxes taking "dumb trades" than every single person on this forum probably has in their entire lifetime.
I Am The Danger... I Am The One Who Knocks
Quoting Master_kiwa
oh by the way. That guy could of easly bought a stock which could of ended up being halted, followed by being delisted which could eventually ended up with a reverse spilt which would of turn his investment into damm there nothing! Of course he would not of lost everything, but he would of been holding a very very heavy bag! You may want to reevaluate your definition of a good trader!
Boy, Master Kiwa, YOU are the dumbest person in the world...

Seriously, how are you even alive? Yet allowed to trade?

You are a disgrace to anyone who is actually a trader, and I know that is not you.

You're the fucking fish noob cake and this will be my last post here, as I don't care to argue with idiots... But say what you will... I'm sure there's more in store...

ROFLMFAO
Please check out my blog at https://from-zero-to-hero . net
Quoting smash1820
Boy, Master Kiwa, YOU are the dumbest person in the world...

Seriously, how are you even alive? Yet allowed to trade?

You are a disgrace to anyone who is actually a trader, and I know that is not you.

You're the fucking fish noob cake and this will be my last post here, as I don't care to argue with idiots... But say what you will... I'm sure there's more in store...

ROFLMFAO

I love a heated debate, and sometimes I start one just to have something to do while waiting on my ship to come in, but you sir have gone too far. Name calling, and profanity is best left on the playground in the 8th grade. Your comments are not wanted, and am glad you won't be posting on here anymore. Did you see ForexTrader respond this way to me when I confronted him? No. Why? He has a brain and can put sentences together to stand on his position without your means of attacking. Please post your trading history, and we'll judge if you are a trader, or not. So, I bid you farewell, and hope that your real life conversations and interactions are better handled than the keyboard cowboy you try to be on here. If not, we'll read about you in the Sunday paper one day.
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it's no wonder why Cis wants to stay unrevealed and hidden in the shadows to protect his family, just read some of the comments made in here, sheesh.... and btw that proves it is not based on luck because obviously it was his plan all along to make millions AND (and this is the key part here) he is staying silent... and specifically speaking, from learning the psychology of traders after being an advent student of price action trading myself, I can assure everyone here and rest my case that when a trader wins trades based on luck it is against inherent human attributes to want to stay silent about the matter and what they've found in research is that most traders who do end up winning millions and becoming very successful... it took them so long to learn trading that becoming silent was just another step in the overall plan that this guy had plenty of time to think about in advance because he spent so many hours developing and polishing his trading skills to the point of where he is now... there that should settle this whole luck vs skill debate.
Quoting Master_kiwa
You are by far the DUMBEST person on this forum if you believe his position was taken on anything other then luck! You are claiming he is a good trader because he has more money then everyone here, but look at why he took the position! He took it because IT WAS OVERSOLD! If that isn´t by far one of the noobish things to do then I don´t know what else is.
Ok edit: THIS will be my last post. And no, I don't talk like I did in my previous message in real life. Only when I see dumb people like this Kiwa guy flaunting their success - which honestly there is nothing wrong - as long as you don't proceed to call everyone else who responds a "noob", as stated in the quote above.

I am not afraid to fight fire with fire, as 8th grade as it may be, and especially when I'm not the one who started the name calling.

And no, I will not be posting my trading history here, but if you are so inclined to take another stab at me again, you may view it for yourself on your own time.

PS: Amen to the reasonable "guest" who posted above. I rest my case. Peace brothas :eacesign
Please check out my blog at https://from-zero-to-hero . net
Quoting smash1820
Ok edit: THIS will be my last post. And no, I don't talk like I did in my previous message in real life. Only when I see dumb people like this Kiwa guy flaunting their success - which honestly there is nothing wrong - as long as you don't proceed to call everyone else who responds a "noob", as stated in the quote above.

I am not afraid to fight fire with fire, as 8th grade as it may be, and especially when I'm not the one who started the name calling.

And no, I will not be posting my trading history here, but if you are so inclined to take...

The best way to fight fire is with water by the way. Name calling is ok on this website because of you guys aren simply demo QUEENS who look up to noobs like CIS. Why not keep it on the ¨I¨and post your trade explorer or myfxbook, so we can see how well YOU are doing. Try to cheerlead less and study more, and maybe one day someone can make a positive article about you.

The sad part about this thread is that most, if not all of the peopel who support the CIS rice-eater is that they are simply looking at the amount of MONEY he earned, instead of looking at the form of trading which allowed him to obtain the funds which he did.

Simply take CIS form of trading on this one wager and apply it to forex, and EUR.USD over the last 4 months, and what would of the results have been? CIS in red who knows how many pips, but because he doesn´t over leverage, he would be considered a very smart trader sometime in the near future when EUR-USD (ASSUMING HE WOULD OF DONE THE SAME THING) bounces.

Simple look at the forums, and look at the beating that most of the traders are taking, that is for following the same type of trading (crystal ball trading) which CIS takes part in. Of course CIS liquidity is insane, but we are simply looking at his one trade and crowning him an amazing trader, but not looking at the system itself.

I for one trade price action, and stay away from support and resistance trades, because if supports were ALWAYS supports and if resistance were ALWAYS resistance then the market would be in one big range. Price action is the key to everything, and I would respect a trader more for realizing price action trends and making a killing on it, then raving about a liquid noobcake like CIS who pretty much went all in on a stock which ended up going his way.
Quoting Guest
it's no wonder why Cis wants to stay unrevealed and hidden in the shadows to protect his family, just read some of the comments made in here, sheesh.... and btw that proves it is not based on luck because obviously it was his plan all along to make millions AND (and this is the key part here) he is staying silent... and specifically speaking, from learning the psychology of traders after being an advent student of price action trading myself, I can assure everyone here and rest my case that when a trader wins trades based on luck it is against inherent...
What was/is his actual skill? What he claims to have done ¨buy the uptrends¨and sell the selloffs¨isnt what he did on the trade which was mentioned in the post. How many people actually noticed that? Then again people respect numbers more then they do theory.
Me personally, I say kudos to the guy, regardless of whether it was luck or skill. Statistically speaking, however, it is likely that there is at least one individual in the market at any given time who makes a single day killing of this nature (although not necessarily on this scale). I can also fully understand why he simply does not want the attention that identifying himself would entail ... .
Fireworks are fun ... as long as you don't blow your fingers off.
Quoting ZebraSquirl
Me personally, I say kudos to the guy, regardless of whether it was luck or skill. Statistically speaking, however, it is likely that there is at least one individual in the market at any given time who makes a single day killing of this nature (although not necessarily on this scale). I can also fully understand why he simply does not want the attention that identifying himself would entail ... .
Maybe he is an insider trader
DJ atm is down almost 1.50% and all 30 stocks are down. Who wants to be the mystery man and make millions? Perhaps it's time to a hero or zero?

Disclaimer : Trade at your own risk.
Quoting frx_trader
DJ atm is down almost 1.50% and all 30 stocks are down. Who wants to be the mystery man and make millions? Perhaps it's time to a hero or zero?

Disclaimer : Trade at your own risk.
Laughter the best Medicine.
Leaders don't do different things, but they do the same things differently.
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  • Posted: Sep 25, 2014 8:20pm
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    Category: Entertainment News
    Comments: 62  /  Views: 21,166