1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

A 16 year old turns £150 into £61,000 in less than a year

Discussion in 'General Forex Talk' started by RicT00, Apr 21, 2019.

  1. RicT00

    RicT00 Recruit

    Joined:
    Apr 20, 2019
    Messages:
    2
    Likes Received:
    0
    An article in today's Daily Mail (UK). Teenage kid turns £150 into more than £60,000 in just a few months by playing the money markets – using tips he learned online.

    dailymail.co.uk/news/article-6943523/Schoolboy-16-turns-150-61-000-year-studying-trading-tips-online.html


    FPA Forums Team Note: The article is interesting. We wonder how a minor legally opened a trading account.

    Please note that General Forex Talk is not for commercial discussions. Anyone trying to turn this thread into a discussion of any commercial products or services will be eaten by Spam Cat.
     
  2. Etedus12

    Etedus12 Sergeant

    Joined:
    Dec 9, 2018
    Messages:
    125
    Likes Received:
    18
    Spam cat please go away;) Yes, legality of the question of all this is simply out of the question, but most important that he should fail at least one time, correct ? Maybe he was, I haven't read. And third point is such thing simply hurts credibility of Daily Mail UK anyway.
     
  3. bigdolly

    bigdolly Sergeant Major

    Joined:
    Oct 21, 2013
    Messages:
    837
    Likes Received:
    60
    I also read there that some black boy working in McDonalds started to trade binary options and became rich. This stuff is paid and can't overrule the law that trading in profit is extremely difficult and turning 150 to 60000 pounds is impossible.
     
  4. Anthony23

    Anthony23 Recruit

    Joined:
    Dec 23, 2017
    Messages:
    79
    Likes Received:
    7
    Thank you for sharing this story. It is interesting what we can read in newspapers today. Now, let’s get realistic, this sort of earnings on Forex is just not possible. So, it might be that some other intentions are behind such an article, so, be careful
     

Share This Page