Property News · July 20, 2013

Trialling 'learn to trade' stock market websites: can you get rich quick?


Can you really achieve ‘financial freedom’ by spending a few hours at a seminar on stock market investing? David Robinson joined fortune seekers at three ‘learn to trade’ schemesTony turned £3,000 into £47,000 in just nine weeks and has retired at the age of 50. Awia was a “bored mum”, but is now earning a good living while being “100% there for the kids”. Samet made 30% on this first trade, and each day his profits rise. These are just some of the glowing testimonials posted on “learn to trade” websites, which hold out the promise that anyone who spends just a few hours at a seminar can look forward to a future relaxing on luxury yachts in the Caribbean sipping strawberry daiquiris. All you have to do, it seems, is follow a few easy-to-apply trading strategies.Almost every day in hotel suites across the UK a new crop of would-be stockmarket millionaires sit down to hear from the “professionals” the secrets of trading in stocks and currencies. Over the last few months I’ve been one of them. Not only that, I decided to put down some of my own money and see how far I’d get following the advice of the so-called experts. Continue reading…

Source : theguardian.com
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