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

RicT00

Recruit
Messages
2
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.
 

Etedus12

Sergeant
Messages
174
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.
 

bigdolly

Sergeant Major
Messages
941
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.
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.
 

Anthony23

Recruit
Messages
86
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
 

Faelar

Private
Messages
37
It is interesting that such a young person achieves such high results, but on the other hand, isn't there an age limit for participation in such activity? Still, these are financial operations, is it even legal?
 

fxoday

Sergeant
Messages
200
Very very much interesting story, this will be giving motivation among trader if still any opportunities to get success like as this boy, on teenage old he already get rich from financial market trading, very amazing and inspiring
 

Shalirad

Private, 1st Class
Messages
93
I do not see how he could do it, all this simply screams that it was very very simple thing like fake news maybe, this story have too many points which are entirely impossible on every possible level out there, so thanks and good luck for that matter.
 
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