http://finance.yahoo.com/tech-ticke...on-labeouf's-650k-payday-535447.html?tickers=^DJI%2cXLF%2cFAZ%2cGS%2cJPM%2cNWS%2cSCHW It takes a normal trader years to become profitable and this guy makes a 3,250% return his first try and knowing nothing about the markets. I guess as long as you hang out with the pro's its easy to be a profitable trader with no exp.
Hillary Clinton seemed to pull it off as well. These celebrities just seem to have a natural gift for it.
HA right! A guy who didn't know anything about stocks opens up an account with 20k and turns it into $650k. Trading from his cell phone? Come on, I guess talking to all those insiders he got a few good tips that he made his money on or this is just fake article to hype the movie up. Would be nice to see his track record from start to end.
Exactly! I'm sure the trading from his cell phone came 2 minutes after he got a call from Soros saying "Sell it now, that stock is about to go under!"
This is routine if you have ever walked into a schwab office in Encino with 20k Search for him on Jimmy Kimmel on youtube, he talks about it a little and is being asked to manage money. He also repeats what his broker told him word for word it seems, and then is lauded for being smart.
When I was a broker for a large FCM a colleague told me they used to clear her trades. Very often she would get filled at literally the best tick of the day (pork belly / cattle futures). It's pretty obvious she was unfairly given the best fills, as payment for something shady.