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Showing posts from April, 2019

How boy, 16, turned £150 to over £60,000 in less than a year trading forex

A 16-year-old self-taught currency trader who has turned £150 into more than £60,000 in less than a year believes he is the “UK’s youngest Forex trader.” Edward Ricketts, who says he learned his tips from Youtube, was just 16 when he spotted a Foreign Exchange Market trader boasting on Instagram about how much money he was making. In awe of his flash cars and designer clothes, college student Edward asked him for tips, but was told without formal training he’d never succeed. Proving him wrong, Edward spent hours watching YouTube videos on how to make money by buying, exchanging and selling global currencies online for a profit. Edward, from Tottenham, London, believes he is the UK’s youngest Forex trader – and says he doesn’t know any traders his age who are making serious money. He monitors the money markets between college classes. His biggest gains have come from following news stories about key Brexit negotiations. He’s so good at Forex trading he now charges more than 100 cl...