By Jack Longstaff For The Mail On Sunday
Published: 22:55 BST, 20 April 2019 | Updated: 22:55 BST, 20 April 2019
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'
To prove him wrong, the teenager spent up to five hours a day watching YouTube videos on how to make money by buying and