

Rafał Zaorski, born on October 22, 1978, is a seasoned investor and entrepreneur who has accumulated extensive knowledge from both the Polish Stock Exchange and international markets. In recent years, he has been recognized as a prominent figure in the trading community, particularly among Polish traders.
Zaorski gained significant recognition when a video surfaced online demonstrating how he earned one million Polish zlotys through leveraged transactions in the Forex market and CFD contracts. This achievement showcased his expertise in high-risk, high-reward trading strategies that have become his trademark approach to financial markets.
In February 2018, Zaorski achieved a milestone by generating a million-zloty profit within just a few hours through long positions on the DAX index and the GBP/JPY currency pair. His success continued throughout that year, as he reportedly earned 5 million zlotys in a single month from approximately 2,200 transactions, primarily focusing on the DAX index and currency pairs GBP/JPY and USD/JPY. These remarkable results demonstrated his ability to capitalize on market volatility and his deep understanding of technical analysis and market timing.
After taking a break from public appearances, Zaorski made a comeback by becoming active on Twitter (now known as X), where he began sharing his trading strategies and insights with a growing community of followers. This platform has allowed him to maintain his influence in the trading community while providing educational content to aspiring traders.
Trading Jam Session: A Community of Traders
Zaorski co-founded Trading Jam Session, a comprehensive community of traders dedicated to knowledge sharing and collaborative learning. TJS organized various initiatives including weekly meetings, live streaming sessions, and the publication of industry-related literature. The community served as a hub for traders to exchange ideas, discuss market trends, and develop their skills through peer-to-peer learning.
Zaorski actively participated in these activities and maintained his own YouTube channel, where he shared trading insights, market analysis, and educational content. The platform became known for its practical approach to trading education, focusing on real-world applications rather than theoretical concepts. Through TJS, Zaorski helped democratize access to trading knowledge and created a supportive environment for both novice and experienced traders.
BigShortBets: A Response to WallStreetBets
Inspired by the WallStreetBets movement, Zaorski launched the BigShortBets project, aiming to create a decentralized platform for retail investors. BSB functioned as both a platform and a cryptocurrency token, designed to facilitate information exchange among investors and enable collective investment decision-making. The project represented an ambitious attempt to leverage blockchain technology for creating a more transparent and collaborative investment ecosystem.
The project successfully raised significant financial resources through its token sale, attracting investors who were drawn to the concept of community-driven investment strategies. However, BigShortBets also faced considerable criticism regarding its tokenomics, governance structure, and the allocation of raised funds. The project's controversial nature sparked debates within the cryptocurrency community about the balance between innovation and investor protection.
Cebullion: Polish Stablecoin Initiative
The Cebullion initiative represented Zaorski's attempt to create a Polish stablecoin, marking an effort to introduce innovation to Poland's cryptocurrency market. This project aimed to provide a stable digital currency pegged to the Polish zloty, potentially offering Polish investors and businesses a more accessible entry point into the cryptocurrency ecosystem. The stablecoin concept was designed to address volatility concerns while maintaining the benefits of blockchain technology, such as fast transactions and lower fees compared to traditional banking systems.
Other Business Ventures
In 2018, Zaorski initiated the KryptoJam hedge fund, aiming to capitalize on opportunities in the cryptocurrency market through professional fund management. He also became a shareholder in mPay, a payment solutions company, demonstrating his interest in fintech innovation beyond trading. Additionally, Zaorski signed a letter of intent with Merlin Group, although this agreement was ultimately terminated in 2019. These diverse ventures reflected his entrepreneurial ambitions and his desire to expand beyond individual trading into broader business opportunities within the financial technology sector.
Zaorski holds stakes in several companies, including Noobz from Poland (12.7%), Ed Red (5%), and mPay (5%). These investments represent his diversified approach to wealth management, extending beyond active trading into strategic equity positions in promising technology and gaming companies.
One of Zaorski's most notable purchases was the acquisition of an apartment in the prestigious Złota 44 skyscraper for 23 million Polish zlotys. This luxury property, located in one of Warsaw's most exclusive buildings, became the center of a controversial plan. Zaorski announced his intention to divide the 485-square-meter apartment into 20,000 shares, effectively tokenizing the real estate asset. This innovative approach to property ownership was met with strong opposition from the building's management board, which raised concerns about legal implications and potential complications for building governance. The project ultimately did not materialize, and the apartment was subsequently sold for approximately 9 million euros, representing a significant transaction in the Polish luxury real estate market.
In the first half of 2022, Zaorski accumulated over 44 million Polish zlotys through cryptocurrency trading, primarily focusing on Bitcoin (BTC) and Ethereum (ETH). This substantial gain demonstrated his ability to navigate the volatile cryptocurrency markets and capitalize on major price movements during a period of significant market fluctuation.
Zaorski published a book titled "On Speculation" ("O spekulacji"), which became notable for its unconventional nature – the book is completely blank. Despite containing no text, it has become a sought-after collector's item, with copies reaching prices of tens of thousands of zlotys on platforms like Allegro. This unusual publication sparked significant discussion within the trading and investment community.
Zaorski explains that the empty pages symbolize the true nature of speculation, suggesting that speculation itself is inherently empty or that traders must fill in their own understanding through experience. The concept serves as both an artistic statement and a commentary on the speculative nature of financial markets. Owners of this work are promised to receive their own NFT tokens, adding a digital collectible element to the physical book and bridging traditional and blockchain-based art collecting.
Additionally, Zaorski supports the distribution of investment-themed books through the Trading Jam Foundation, which are made available free of charge to promote financial education and literacy among aspiring traders and investors.
Zaorski is a colorful and polarizing figure whose actions and statements have frequently sparked controversy within the trading community. Despite publicly expressing disapproval of paid trading courses and educational programs, he himself has been associated with the educational industry, leading to accusations of hypocrisy from critics who point out this apparent contradiction in his stance.
One of the more publicized episodes was a "media war" with another well-known influencer, Cezary Głuch (known as Trader21). This public dispute involved exchanges on social media and competing claims about trading success and educational approaches, capturing significant attention from the Polish trading community and highlighting divisions within the industry regarding proper trading education and ethical conduct.
In 2022, serious allegations emerged regarding Zaorski's use of funds raised through the BigShortBets project. The accusations centered on claims that he had used project funds for private investments, raising concerns about financial transparency and fiduciary responsibility. Zaorski defended himself by explaining that part of the funds "liquidated his hedge and covered losses" resulting from market speculation, suggesting that the losses were incurred while attempting to generate returns for the project. However, this explanation did little to satisfy critics who questioned the appropriateness of using community funds for high-risk trading activities.
Reports also surfaced indicating that Zaorski withdrew at least 3.5 million USDC from project wallets, with these funds allegedly being transferred to a major exchange. This withdrawal reportedly contributed to a significant decline in the BigShortBets token price, causing losses for token holders and further fueling concerns about the project's management and Zaorski's handling of investor funds. The incident raised broader questions about accountability and governance in cryptocurrency projects led by influential personalities.
In April 2025, Zaorski made a public admission regarding substantial trading losses, acknowledging that he had lost nearly 53 million Polish zlotys through a series of unsuccessful investment decisions. These losses were particularly concentrated during the U.S.-China trade war period, when market volatility reached extreme levels and many traders struggled to predict market movements accurately.
Zaorski attributed these losses to poor timing and strategic errors, acknowledging that his approach during this turbulent period had been flawed. In response to these significant setbacks, he announced that he would be taking a break from active trading to thoroughly analyze his strategy, reassess his mental approach to trading, and potentially develop new risk management frameworks. This public acknowledgment of failure and the decision to step back represented a rare moment of vulnerability from a figure known for his confident public persona, and it sparked discussions about the psychological challenges of professional trading and the importance of risk management even for experienced traders.
Rafał Zaorski is a renowned Polish trader and founder of BigShortBets. His expertise spans financial trading and innovative fintech solutions, establishing himself as a prominent figure in the cryptocurrency and trading sectors.
Rafał Zaorski's net worth exceeds $10 million, achieved by age 22 through cryptocurrency trading. His financial success in the crypto market represents a significant milestone in his investment journey.
Rafał Zaorski is renowned for his expertise in financial market analysis and trading. He gained recognition through his analytical abilities and market insights while working at XTB, and has built significant influence on social media platforms.
Rafał Zaorski built his wealth through strategic investments in cryptocurrency and blockchain projects, early adoption of digital assets, and active participation in the emerging Web3 ecosystem during its growth phase.
Rafał Zaorski is a Polish historian and author specializing in Polish-Jewish relations and Holocaust studies. He conducts historical research and has published influential academic works and articles in these fields.











