Hi guys, Welcome to the Advanced Video Search Engine, and you are watching How a Japanese Trader Made $40 million in a trade! CIS. That video is uploaded by Travis Pavlik at 2015-08-28T17:11:59-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [91iEkDFI1oA]
| Name | How a Japanese Trader Made $40 million in a trade! CIS |
| Video Uploader | Video From Travis Pavlik |
| Upload Date | This Video Uploaded At 29-08-2015 00:11:59 |
| Video Discription | My Twitter: https://twitter.com/tpavlik Bloomberg story http://www.bloomberg.com/news/articles/2015-08-28/while-many-panicked-japanese-day-trader-made-34-million "One document showed he had traded $14 billion worth of Japanese equities in 2013 -- about half of 1 percent of all the share transactions done by individuals on the Tokyo Stock Exchange that year." "โOf course Iโm happy about today, but you win some and you lose a lot, too,โ he said, explaining the Greek financial crisis had cost him about $6 million." THE TRADE: "The latest trade began on Aug. 12, when CIS noticed a shift in equity markets he hadnโt seen for a while. Shares in the major indexes were struggling to recover from sell-offs. He started shorting Nikkei futures: 200 contracts the first day and another 1,300 over the following week and a half. The stakes were enormous. With 1,500 contracts at a notional value of about $160,000 each, his bet against the Nikkei was about $240 million. For every 100 yen move in the index, he stood to make or lose $1.25 million. The market was mostly flat over the next few days; CIS bided his time playing video games. On Friday Aug. 21, the Nikkei dipped. Then on Monday, the index plunged the most in two years, and the futures fell more than 1,000 points to 18,410. By the close at 3 p.m. in Tokyo, his profit stood at about $13 million." CIS trader twitter handle https://twitter.com/cissan_9984 91iEkDFI1oA |
| Category | People & Blogs |
| Tags | CIS | Japanese trader | how to make millions | trader makes millions | How-to (Website Category) | nikkei futures | TraderMade (Organization) | Tokyo | Market | Trading |
