Stories of have-a-go forex trading heroes belie a quiet market - Financial Times
Stories of have-a-go forex trading heroes belie a quiet market - Financial Times Stories of have-a-go forex trading heroes belie a quiet market - Financial Times Posted: 26 Nov 2019 07:23 AM PST Tabloid tales of currency-trading whizz-kids are back. You know the sort of thing: young men (they are always men) in their early 20s or even late teens. They manage to secure full-page treatment, telling the world how they turned a modest lump of cash, perhaps their first pay cheque, into serious money through their mastery of forex. Cue pictures of fast cars and designer trainers. The genre — a guilty pleasure of many a financial-markets professional — took something of a knock in the UK in 2015 when Alex Hope, a self-proclaimed FX whizz who once splashed £204,000 ($262,000) on a bar bill, was sent to prison for fraud. But the inspirational stories live on. A new flurry has brought a college dropout telling The Sun last month how he " ...