At the height of Turkey’s day-trading frenzy, Osman Sekman was opening as many brokerage accounts as possible.
The 23-year-old computer engineer had convinced 18 of his friends and family to pool their money together for a better shot at initial public offerings, and cash in on stocks going limit up in their first days. He more than tripled his initial investment of 5,000 liras ($580) of his own tuition savings over nine months.
