Exactly what does Alex Hope do?

tazwhoever

I am sure there are 1000's of people working in the city trade, making loses and profits. As Alex is 23, and making huge amounts! Can anyone learn his business and become a quite rich?

http://www.thesun.co.uk/sol/homepage/news/4184400/204k-on-a-booze-bender-was-worth-it.html

Thanks

paddyrg

I presume he gambles with other peoples money, takes a slice when he gets lucky, and doesn't suffer losses when he doesn't. They usually call it 'fund management', although after outrageous fees to pay such people, most investors would be better off without one of these activemy managed 'funds'.

axomoxia

I think he a spot FX trader. I read an article on Zero Hedge that he was trading on his own account, so its his own many. In any case I think he is sell side, not buy side as Paddyrg is saying.

Russe11

any one can be a currency trader, not everyone can make it pay though.

Most people on this board will not understand how money can be made, let alone "sun readers"