Japan's Legendary "Twitter Trader" Reveals The Secret Of His Multi-Million Dollar Success
Two years ago, when we first profiled Japan's mysterious "Mister Watanabe" daytrader - aka CIS - we thought it may just all be a hoax. But, as his claims this week that he made $34 million trading the panic on Monday - "I do my best work when other people are panicking,"
Bloomberg reports, CIS - who claims JPY20bn AUM, has become a cult
figure among Japan’s tight-knit community of day traders. Notorious for
lines like "Not even Goldman Sachs can beat me in a trade," CIS drops
some knowledge this week on how he has become so successful... "Buy stocks that are being bought, and sell stocks that are being sold." Just don't tell Cramer.
While a lot of investors were hitting the panic button Monday, Bloomberg reports a Japanese day trader who’d made a big bet against the market timed the bottom almost perfectly and narrated a play-by-play of the trade to his 40,000 Twitter followers. He claims to have walked away with $34 million.
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While a lot of investors were hitting the panic button Monday, Bloomberg reports a Japanese day trader who’d made a big bet against the market timed the bottom almost perfectly and narrated a play-by-play of the trade to his 40,000 Twitter followers. He claims to have walked away with $34 million.
Continue Reading
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