NEW YORK CITY, New York (PIX11) – Most high school students save up money by working at a store or fast food restaurant.However, one 17-year-old from New York has made a cool $72 million on Wall Street, according to PIX11.New York Magazine reports that during his lunch breaks Mohammed Islam would play the stock market.First, the Manhattan teen started trading […]
Updated 12/15/14 at 2:54 p.m.(CNBC) — The story about a high school student making outrageous amounts of money playing stocks has apparently been over-exaggerated.17-year-old, Mohammed Islam says that he does not know where the reported number came from, but claims that it is inaccurate.Islam says the actual number is still believed to be in the millions, but he declined to say […]
Updated 12/15/14 at 2:54 p.m.(CNBC) — The story about a high school student making outrageous amounts of money playing stocks has apparently been over-exaggerated.17-year-old, Mohammed Islam says that he does not know where the reported number came from, but claims that it is inaccurate.Islam says the actual number is still believed to be in the millions, but he declined to say […]
Mohammed Islam says he has made tens of millions of dollars in financial markets. Photograph: LinkedIn
A Stuyvesant high school senior who reportedly made more than $72m trading oil and gold futures has admitted he invented the tale as a hoax.Mohammed Islam, 17, told New York Magazine that he made enough to buy a BMW, rent a fancy apartment and turn […]
Mohammed “Mo” Islam, 17, is a high student at New York’s prestigious Stuyvesant High School.He’s also a multimillionaire and not even legally an adult.He’s apparently a real life teen Wolf of Wall Street… that just gave us a great idea for a crossover film about a young, stock trading werewolf…Anyway, Mo allegedly has made around $72 million trading stocks in […]
To say that biotech stocks have performed well as a group over the last two years is an understatement; they have absolutely crushed the broader markets. For example, the iShares Nasdaq Biotech Index has more than tripled the performance of the S&P 500 , and more than doubled the NASDAQ Composite , since 2012.This sustained move upward, though, has repeatedly […]
Defence against the economic elements? The street outside a share prices display in Tokyo on Thursday. Photograph: Kazuhiro Nogi/AFP/Getty Images
Global stock markets continued to tumble on Friday, pushing the FTSE 100 to its worst weekly fall in more than three years. Since Monday, £112bn has been wiped off the value of Britain’s leading companies.Investors headed for the exits amid growing […]
Why pay E*Trade $8 to buy or sell a stock when you can trade for free on Robinhood? After two years of development, $16 million in funding, and 500,000 waitlist signups, Robinhood finally hits the iOS App Store today. Robinhood lets you track the performance of stocks, and buy or sell them with just a few taps at no cost.The […]
Joe Donohue is a full time trader with 25 years experience. He is a senior contributor and investor in Stocktwits and has been seen on CNN Money and quoted in Marketwatch, Forbes, Reuters, NY Times and Wall Street Journal.Joe takes a swing trading approach to the market and his holding period can be anywhere from a few days to a […]
Books are one of many great resources that can teach you how to trade in the stock market. But let’s be honest, they may not be the best option, what with the introduction of the internet and instant access to blogs, forums and other communities. Books have kind of taken a back seat when it comes to teaching how to […]
