Schoolboy, 16, turns £150 into £61,000 in less than a year... by studying ...

Schoolboy, 16, turns £150 into £61,000 in less than a year... by studying trading tips picked up on YouTube for five hours a day  Teenager, 16, made more than £60,000 in eight months trading currency online  Edward Ricketts, from Walthamstow, east London, started with £150 in savings   He then watched YouTube videos on money trading for up to five hours a day He now has 100 clients willing to pay him £155 a time for his tips on the markets

By Jack Longstaff For The Mail On Sunday

Published: 22:55 BST, 20 April 2019 | Updated: 22:55 BST, 20 April 2019

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A teenager has turned £150 into more than £60,000 in just a few months by playing the money markets – using tips he learned online.

Edward Ricketts, 16, developed a knack for trading after he saw a foreign exchange expert on Instagram boasting of high earnings, flash cars and designer clothes.

The ambitious business studies student asked him for advice and was told he would never succeed without formal training in currency dealing. 

Edward Ricketts, 16, who passed eight GCSEs last summer, initially kept his deals a secret from his family for fear of how they would react, but eventually revealed his success. ‘To begin with my dad wasn’t happy at all,’ he said. ‘But he’s fine with it now'

Edward Ricketts, 16, who passed eight GCSEs last summer, initially kept his deals a secret from his family for fear of how they would react, but eventually revealed his success. ‘To begin with my dad wasn’t happy at all,’ he said. ‘But he’s fine with it now'

To prove him wrong, the teenager spent up to five hours a day watching YouTube videos on how to make money by buying and

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