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Mystery Trader Revealed...And His Name Is 'Hope'

Tyler Durden's picture





 

The UK's Daily Mirror newspaper has uncovered the FX trader who dropped over $300k in a Scouse club. It is a 23-year old 'self-taught' barrow-boy named (somewhat ironically in our view) Alex Hope. Self-described as "talented (three years in and a six-figure salary, hhmm), charismatic (its amazing how much 'charisma' a GBP125k bottle of bubbly will buy), and thoroughly likeable (ditto) man. Alex Hope exudes knowledge..." and is willing to share it with you according to his website. How did he become this B.S.D. of the FX markets? "I took two months off my job at Wembley, got really obsessed with reading charts and got the guts to start trading properly." This self-made rosy-cheeked young man with a penchant for mind-numbingly-arrogant-looking photos on his website may have just become the poster boy for all that is 'great' about the free market - or perhaps a skim through his blog and media exposure will reassure us all that anything is possible as we note he does have some good taste (not just in Champagne) in RTing our posts on Twitter.

 

We can only HOPE that the next time he decides to go down the rub-a-dub-dub for a Leo Sayer, maybe he'll take some of us Septic Tanks with him on the frog-and-toad...as the days of the ship-it-in-large-on-the-left John, done-a-yard by-breakfast spot FX trader are clearly back with us.

 

And here is his Bio, enjoy:

London born and bred, Alex Hope, 22, is a self-taught trader who specialises in the Foreign Exchange Market. Despite his tender years, Alex is a name to watch out for in the city; an expert in the UK economy, he works the currency markets, regularly trading millions.

 

Alex teaches people how to make money from trading the biggest financial market in the world, the Foreign Exchange. With a trading volume of $4 trillion a day, in his eyes it is undoubtedly the best and most exciting market to be involved in. Another specialist area for this young entrepreneur is Commodities – Gold, Silver, Copper and Platinum; all materials that have great volume and movement on a daily basis and can earn a healthy profit.

 

Alex knows and loves the FX market. Throughout his youth, his passions were football and…currencies! At the age of 11, Alex had a deep-rooted interest in the different currencies and relished trips across Europe where he could explore this interest first hand.

 

After school, he spent just over 2 years in the sporting industry as a Football Coach for Charlton Athletic Community Scheme before moving into the hospitality sector. Although he was making a modest salary of £21k, he could not deny his interest in the financial field and set about teaching himself everything he could and should know about the economy. Whilst still living at home and holding down a full time job, Alex started to trade, opening his first account with just £500; in one day he’d more than doubled his money and turned the £500 into £1100 by trading gold.

 

As his confidence and knowledge grew, Alex knew this was the world for him and at 20 years old he headed for the city and soon found employment at The Forex Academy in early 2010 as a FX & Commodity Trader. In July this year, he stepped into the spotlight when his career was profiled in The Daily Telegraph, subsequently Alex went onto to work at leading Trading and Commodities company, Zone Invest Group. For a career that started out trading on the local market stalls for pocket money, to a modest £21k salary in the hospitality industry, Alex has since followed his dream in the trading world and his basic salary has entered the six figure bracket!

 

An entrepruenerial spirit through and through, whilst working full time and in his spare time, Alex also offers private teaching for students interested in learning the tricks of the trade (both one-to-one and small groups), helping others to profit from the liquid market. Many of the individuals travel worldwide to meet with him and glean from his experience.

 

A talented, charismatic and thoroughly likeable man, Alex Hope exudes knowledge and you can’t help but respect and admire this self-taught and self-made young trader. Watch out trading markets, Alex Hope is kicking up a storm!

 

We can only assume that his current place of employ, Zone Invest, will soon be doubling his base as the offers come flooding in as momo funds rotate from AAPL to HOPE...

 


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Mon, 03/05/2012 - 22:45 | Link to Comment Ahmeexnal
Ahmeexnal's picture

HOPE AND CHANGE!

London born inbred

 

Mon, 03/05/2012 - 22:57 | Link to Comment spiral_eyes
spiral_eyes's picture

 

Nah, this guy is a true Keynesian — exactly the kind of guy we need to fix our ailing economy.

He understands that gold is definitely not money ("commodity", bitches), and he is willing to put the money (real money — from a printing press, or better yet 010101110011010101) down on the table for the chlamydia-addled slags when it comes to helping the local economy of a fucking disgusting shithole like Liverpool. I can feel the aggregate demand soaring right now! The slags will go and buy Dolce and Gabbana handbags, home pregnancy tests and bottles of Lambrini, thus stimulating the economy, and paying taxes to pay down our debt!

Barack "I'll Bomb Ya" Obama understands the importance of aggregate demand too, and so is keenly working on a strategy to bomb Iran back to the Stone Age, and hopefully start a war with Russia and China, so that aggregate demand can rise and we can have a recovery, bitches!

http://azizonomics.com/2012/03/06/barack-ill-bomb-ya/

Hope & Change 2012! 

 

Mon, 03/05/2012 - 23:00 | Link to Comment Ahmeexnal
Ahmeexnal's picture

True.  I expect Vagisil shortages in Liverpool metro area. Sounds like a localized bubble in the making. Really smart entepreneurs could profit from this.

Mon, 03/05/2012 - 23:08 | Link to Comment spiral_eyes
spiral_eyes's picture

Paul Krugman — and other learned Keynesians — (where is MDB when you need him?) says there is no such thing as a bubble, because all prices can be reflated with enough Keynesian medicine.

When will Zero Hedge get with the Keynesian program and change their slogan to "on a long enough timeline the survival rate (and presumably rate of chlamydia infection) for everyone rises to infinity"?

 

Mon, 03/05/2012 - 23:23 | Link to Comment CrazyCooter
CrazyCooter's picture

Upon reading the post (and article) I was overwhelmed by my intuition telling me Mr. Hope's ZH handle ...

Million ... Dollar ... Bonus

I mean, how else can this satire reach such staggering heights (just like the stock markets, bond prices, and frankly this guys hit count) ... until such a time as it all crashes and burns ... just the cycle of life ...

ASIDE: men desire younger women because, from a reproductive standpoint, they offer the best odds to successfully bear children. Men can't help the desire, it just worked for thousands of years. It amazes me how really smart folks dry hump corpses when it comes to money. You'd think that after all these cycles of getting cleaned out by, well, a corpse, we'd have learned something so simple.

Damn fools, the lot of 'em.

Regards,

Cooter

Mon, 03/05/2012 - 23:25 | Link to Comment Ahmeexnal
Ahmeexnal's picture

In other news, Syrian regular troops capture french elite special black ops commando team in Homs:

http://rt.com/news/french-army-officers-syria-893/

Mon, 03/05/2012 - 23:47 | Link to Comment redpill
redpill's picture

my god that website...kid should get some perspective before the ego bites him in the ass.

 

Funny part is that he reads Zerohedge.  He retweeted Tyler on March 1.

 

Mon, 03/05/2012 - 23:56 | Link to Comment LowProfile
LowProfile's picture

Hmm...

Is that the faint waft of bullshit I smell?

Something not right about this.

Tue, 03/06/2012 - 00:25 | Link to Comment AldousHuxley
AldousHuxley's picture

trading is 80/20. there will always be winners taking massive profits from larger masses of losers.

 

but in the end, the house wins by profitting off of each transaction. That's why US bailed out the gambling halls of world's elite on wall st....the market. Kings, Jews, Mafias all know that owning the gambling house gives you the most power.

Tue, 03/06/2012 - 01:52 | Link to Comment Harlequin001
Harlequin001's picture

A part time trader has just as much chance of making money in this bent market as anybody else. In a manipulated market your either on the inside or you're just plain lucky... for a while anyway.

Thing is, if this story makes it to the MSM and the Guiness book of records, it's just a lot of very cheap advertising. All I can say is, good on ya, way to go...

I find it very difficult to resent someone just because they made some money...

Tue, 03/06/2012 - 03:19 | Link to Comment Michael
Michael's picture

This lucky kid's great but why is this not a top topic on ZH?

Ron Paul Interview With Cavuto On Oil & The Dollar 03/05/12

Dr Ron Paul Can Get the Price of Gas Down to 10 Cents! : Theoretically.

http://www.youtube.com/watch?v=xreIsZpHzSk&feature=channel_video_title

Tue, 03/06/2012 - 04:32 | Link to Comment CrazyCooter
CrazyCooter's picture

Aw, come on now Michael ... you know better ... 20-something kids in England do not make six figure forex trading salaries. Seriously? Not to give you a hard time, but this is clearly a media article plant (just compare the bar tab to his advertized salary).

Ok, now, correct me if I am wrong, but the leverage in this space means you blow up at the hint of a wrong move. Further, the markets are soooo broken (e.g. central bank intervention on a regular basis) there is no way to trade consistently on any kind of fundamentals; one is either symetric or asymetric in ones knowledge of the "future" (i.e. you either have the insider info or you don't).

And ZH just covered the story, if not made fun of it (my read). It is funny. I mean, fuck, when I was his age, at least I could (and still can) palm a basketball. This guy will be a fat, worthless, whiny POS in about three years when all but the elite have to earn their daily calories. For fucks sake, look at the photo graphic they put up on the kid. And champagne. Clearly the guy hasn't worked an honest day in his life, or he could get a lot more ass for a lot less money. I work for my money, I like Makers Mark.

As far as his bar tab goes ...

http://www.investmentpostcards.com/wp-content/uploads/2008/06/zim-1.jpg

Regards,

Cooter

Tue, 03/06/2012 - 06:31 | Link to Comment ilion
ilion's picture

The f.cking analysts at Armada Markets were right again in their weekly update. On Sunday night they called for 1350 on SP500 at it is trading at 1352 right now. Also called for a test of support levels for Euro. Markets are manipulated or how else would they know about this.

Tue, 03/06/2012 - 08:00 | Link to Comment BigJim
BigJim's picture

He's, what, 23 years old? Of course the money's gone to his head and he's going to waste it. If only he realises what a prat he looks, wearing shades in a nightclub. In 10 years he'll be cringing when he looks back at this.

But a self-taught FX trader is making his money via voluntary transactions with willing counterparties, unlike a lot of wealthy people who have made their money through coercion (ie, government). Good luck to him.

Tue, 03/06/2012 - 12:26 | Link to Comment Not For Reuse
Not For Reuse's picture

OK, so this guy got a bunch of digits transferred into his bank account by gambling on what would happen to some other set of digits.

The fact that most people here think seem to think it is a "waste" to actually USE some of those digits in pursuit of a transcendent experience in the present, instead of converting it all immediately to gold coins and burying it in a fucking mason jar at the bottom of a fucking swamp, just shows how fucked up YOU ALL are about money

Tue, 03/06/2012 - 11:17 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

Fuck off, spammer!

ilion shilling again for Estonian spam operation armada markets.

spadacapital.com = armadamarkets.com = fucking spammers

Minna põrgusse, spammer!

Persse saata!

Tue, 03/06/2012 - 09:42 | Link to Comment Obadiah
Obadiah's picture

Good one ZCooter.

I took  asec to see wtf?  hehe

 

Also your right this is some fucking type of marketing peice... or he's better that corZine.

 

I he made it fair and square where do I sign up?  I 'll out work this lil puke and make him my bitch!

Tue, 03/06/2012 - 09:08 | Link to Comment buckethead
buckethead's picture

SWEET!

 

Love me a few doses of Ron Paul medicine on a daily basis.

 

If they don't watch out he will do something far more drastic than win the presidency: Enlighten the populace as to how they are being fleeced, one and all.

Tue, 03/06/2012 - 04:54 | Link to Comment TheGardener
TheGardener's picture

I`d fire him. If someone blows money like he robbed
a bank, next thing he becomes outright criminal.

Tue, 03/06/2012 - 00:26 | Link to Comment JPM Hater001
JPM Hater001's picture

No, its the pun-tang he is getting at 23 you never got.

Get over it.  the wild dictates you either get ass or wisdom...but never both.

Ask lizzie.  You would be wise to get both from her...and he hasnt.

Tue, 03/06/2012 - 00:36 | Link to Comment LowProfile
LowProfile's picture

More like this guy has inside information.

More likely though, he had a hot streak, and now wisely sells trading courses.

Tue, 03/06/2012 - 01:19 | Link to Comment TruthInSunshine
TruthInSunshine's picture

 

 

Andy: No, here's where it makes the most sense. You need it so you don't forget.

Red: Forget?

Andy: That there are places in the world that aren't made out of stone. That there's... there's somethin' inside that they can't get to; that they can't touch. It's yours.

Red: What are you talkin' about?

Andy: Hope.

Red: Hope? Let me tell you something, my friend. Hope is a dangerous thing. Hope can drive a man insane. It's got no use on the inside. You'd better get used to that idea.

Andy: Like Brooks did?

Tue, 03/06/2012 - 01:21 | Link to Comment flacon
flacon's picture

How much PRODUCTIVE CAPACITY did he contribute to socity? Oh... I forgot he is the GOD OF CONSUMERISM. IF NO ONE BUYS THAT BUBBLY THEN IT'S GONE TO WASTE, THANK GOD FOR CONSUMERS WITH MONEY WHO MAKE THE WORLD TURN..... FUKC YOU KEYNES!

Tue, 03/06/2012 - 01:35 | Link to Comment LetThemEatRand
LetThemEatRand's picture

I think that the bubbly is going to trickle down at any moment......

Tue, 03/06/2012 - 08:04 | Link to Comment BigJim
BigJim's picture

Apart from the fact he is making his money trading something that shouldn't exist (fiat currencies), he made his money through voluntary transactions.

He's no different (or more 'wrong') than a successful poker player. If someone is good at poker do you get all virtuous on his ass?

Tue, 03/06/2012 - 01:19 | Link to Comment flacon
flacon's picture

If this is the reality we live in, then I'm going to sell all my silver when it reaches at least $50,000,000 per ounce. And don't kid me on this, it WILL.... shitheads like that scumbag will have enough to buy two maples from me. I'd gladly sell them to him so he can continue to booze it up like hell....

Tue, 03/06/2012 - 03:27 | Link to Comment RafterManFMJ
RafterManFMJ's picture

 

 

You assume he is getting poon-tang;  tossing around such sums is really counter productive and reeks of try-hard; and what is he likely to get at such a club other than the well-worn troughs of hard, angular, high testosterone women?

Blowing 100K on a bottle, heh, he coulda blown 10K on a bottle blond and had her for the week.  But I'm glad such a productive member of our society is having a good time.  Such a useful, skilled dude. And six figures! Wow, I'm mightily impressed!

But really, good for him and Enga-land.  Good to see they've gotten a handle on their economy.

Tue, 03/06/2012 - 02:43 | Link to Comment Cadavre
Cadavre's picture

He's kinda cute, in a bathhouse-ish sort of way .. first comes love - then comes marriage - then comes rehypothocation in a baby carriage (even the lack of proper dimpling in his generous cachetes fails to prohibit a profound double secret desire to pinch his chubby cheeks!)

Mon, 03/05/2012 - 23:32 | Link to Comment WonderDawg
WonderDawg's picture

My desire for younger women has nothing to do with bearing children. Nothing like a nice firm twenty year old body.

Mon, 03/05/2012 - 23:35 | Link to Comment Buckaroo Banzai
Buckaroo Banzai's picture

Anybody who spends $300k in a bar in one night is a fucking douchebag.

Mon, 03/05/2012 - 23:44 | Link to Comment Matt
Matt's picture

yeah, he should have just bought gold bars and stuck them in a vault instead. What an asshole, spending money.

Tue, 03/06/2012 - 00:23 | Link to Comment CvlDobd
CvlDobd's picture

Can't take it with you!

You'd seriously rather have some gold over some hot pussy and 15 minutes of fame?

You people need to live a little.

Tue, 03/06/2012 - 00:52 | Link to Comment redpill
redpill's picture

Well keep in mind over half of it was that stupid champagne.  In my opinion the really fun parties start when you get some pre-ban Pernod Fils absinthe and a few girls like this.  Suddenly some bubbly and fake tits aren't enough anymore.  But alas, those were the good old days.

Tue, 03/06/2012 - 10:14 | Link to Comment trav7777
trav7777's picture

Brignac champagne, seriously?  This shit only became "popular" when JayZ had it in a rap video after he decided Roederer Cristal wasn't his thing anymore.  Big gold bottle with an ace of spades on it.

The shit isn't even vintage, and this particular neb bottle is like 15L.  It's a "make it rain" club champagne.  This champagne is like Louis Vuitton apparel these days, loud and announcing itself.  Kind of the opposite of brioni or loro piana or a true luxury marque.

I would prefer Krug to any of these rap video brands, the 96 is vintage is supposed to have been one of the top 2 or 3 of the last century. 

And you should only blow money like that in a club if it's a strip club.

Tue, 03/06/2012 - 10:27 | Link to Comment redpill
redpill's picture

Hell he probably didn't even drink any of it himself anyway.

Mon, 03/05/2012 - 23:48 | Link to Comment edwardscpa
edwardscpa's picture

Correction: Anybody who gets so excited over having attained a six figure income (WOW!) and spends $300k in a bar in one night to celebrate is a clueless fucking douchebag.

Tue, 03/06/2012 - 01:12 | Link to Comment Gidas19
Gidas19's picture

Leaving 5 kilos of Gold at the bar? for some fucking drinks? IS RETARDED, just shows how fucking idiotic this guy is... This kind of shit makes me so FUCKING MAD!!! And there is people in America who cant even afford 1.3 mill houses....

Tue, 03/06/2012 - 02:46 | Link to Comment fourchan
fourchan's picture

He is the bubble.

Tue, 03/06/2012 - 10:13 | Link to Comment Alethiometer
Alethiometer's picture

Are you referring to that poor sweet African-American couple that wasn't so much unable to afford to pay their mortgage as chose not to do so in the first place? 

I'm actually in the market to get a personal consumer loan to purchase a gas-guzzling automobile that is far removed from my affordibility and then choose not pay any of the loan payments whatsoever.  As long as I'm in it constantly driving they'll never be able to take it back.  I will also keep it in the garage of the $2 million dollar house at night; this is the house I purchased with no money down and have never paid a single payment on (nor property taxes). 

Tue, 03/06/2012 - 02:36 | Link to Comment Unnatural Selection
Unnatural Selection's picture

True dat.

For the 6 figure income crowd, a $3000 bar tab is meaty.

Proportions tell me that unless he is making 8 figures, spending $300k in a night is is full retard.  Even then it is still full retard.

Tue, 03/06/2012 - 00:23 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Oligarch wannabe.  That's what they are training us all for.  You too can be like us if you just....

Tue, 03/06/2012 - 00:29 | Link to Comment JPM Hater001
JPM Hater001's picture

"Anybody who spends $300k in a bar in one night is a fucking douchebag."

Yeah, that Douche will be paying for it for the next...month.

Of course in a year he will have slit his wrists in the collapse but let's celebrate him for now.

Go douche bag go!

Mon, 03/12/2012 - 23:09 | Link to Comment Silver Bug
Silver Bug's picture

We are gonna need it.

 

Charms and beads

Tue, 03/06/2012 - 08:23 | Link to Comment spinone
spinone's picture

Exactly.  Good traders look at money as a tool to deploy.  Would you blow $300K if you could turn it into $6M?  If this is how he uses his capital, there is no way he is a successful trader.

Tue, 03/06/2012 - 00:32 | Link to Comment CrazyCooter
CrazyCooter's picture

Really? Ever wonder "why"? I think your answer is a bit ephemeral...

When you can snatch the pebble from masters hand, then you are ready to leave.

Regards,

Cooter

Tue, 03/06/2012 - 04:06 | Link to Comment Al Gorerhythm
Al Gorerhythm's picture

Efemaral?

Tue, 03/06/2012 - 07:59 | Link to Comment tgatliff
tgatliff's picture

Yes a true Keynesian entrepreneur.   Makes nothing, risks other peoples money, is leveraged to obscene levels, and expects to make huge amounts of money...  I am rather sure this will end well.

> 50% of the financial markets just need to go away.   They were intended to support real business.  Instead, they pretend they are real business.

Tue, 03/06/2012 - 01:38 | Link to Comment Unprepared
Unprepared's picture

If this kid is smart, he could pocket in millions more every year just by putting his face on some of those online Forex trading website ads that make you "super rich in months"

Tue, 03/06/2012 - 08:42 | Link to Comment YHC-FTSE
YHC-FTSE's picture

+1

Too funny for words. As for the article, Tyler's got the native patois down surprisingly, & annoyingly well. Bruce Krasting must be wondering if one of his seeds went astray 22 yrs ago inside a London tart.

Mon, 03/05/2012 - 23:18 | Link to Comment piceridu
piceridu's picture

Wait 'til he gets that Black Amex bill...Hope and No Change

Mon, 03/05/2012 - 23:38 | Link to Comment LasVegasDave
LasVegasDave's picture

give the man some props

he talks the talk and walks it.

you 99%ers are such a bunch of petty, jealous cunts.

Its not like he is creating derivatives or asking for a govt. bailout

Tue, 03/06/2012 - 00:27 | Link to Comment LetThemEatRand
LetThemEatRand's picture

You just confirmed your own complete douchbaggery.  You, too believe you can be one of the oligarchs.  You will never be.  Douche.  But keep dreaming.  It's a small club.  You're not invited and it drives you crazy.

Tue, 03/06/2012 - 00:39 | Link to Comment LasVegasDave
LasVegasDave's picture

who says I'm not?

 

Tue, 03/06/2012 - 01:17 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Dream on Vegas. 

Tue, 03/06/2012 - 03:29 | Link to Comment Hugo Chavez
Hugo Chavez's picture

One in a hundred people are one percent.

It is a big crowd and quite a few will congregate on zero hedge.

Most of one percenters on zero hedge are self made and have no interest in allying with the oligarchs. We dont need them. They just get in our way.

Tue, 03/06/2012 - 04:04 | Link to Comment Likstane
Likstane's picture

Shut up hugo and rand.  If L V Dave is who I think he is, then he is definately a 1%er+.  Hell yeah, LVD, you go man!  When you split those 5's for 75k apiece at Binions last week and hammered home a quick 1.5, I wet my pants!  Hugo and Rand need to get out of the nickel dice pit and watch a real hound dog in action. 

Tue, 03/06/2012 - 10:29 | Link to Comment redpill
redpill's picture

Don't be an idiot, the threshold for a "one percenter" is somewhere between $300k-$400k gross income annually, you aren't going to be dropping that much at a bar in one night.  We aren't talking about the 1%, we are talking about the flash in the pan portion of the .01% that make a lot of money in a short period of time and spend it just as quickly.  Something tells me this kid will be broke in a decade.

Mon, 03/05/2012 - 23:47 | Link to Comment SAT 800
SAT 800's picture

To quote George Carlin, "Fuck Hope".

Mon, 03/05/2012 - 23:58 | Link to Comment ACP
ACP's picture

3 years just happens to be when the illegal manipulation went into overdrive.

Flash in the pan, baby! Enjoy it while it lasts!

Tue, 03/06/2012 - 00:46 | Link to Comment Sylvia Plath
Sylvia Plath's picture

All Media B/S... wtf do you know at 22 about investing?

Tue, 03/06/2012 - 02:44 | Link to Comment e_goldstein
e_goldstein's picture

Nothing. All he had to do is BTFD.

Tue, 03/06/2012 - 04:59 | Link to Comment doggings
doggings's picture

looks like Alex should have invested in better web hosting, the ZH spike appears to have taken his site down. like being on Oprah :)

I wouldnt mind betting the whole things a publicity ploy, "Advertorial"

good coverage for 125k, bet his ROI is decent.

here's the Google cache for anyone else that cant get in

Tue, 03/06/2012 - 06:16 | Link to Comment philosoraptor
philosoraptor's picture

Judging from his 'stature' in this engaging, ego-free, articulate 'interview', his skinny soccer days left him some years ago. Oh my, I could listen to that heart warming estuary accent all day long - whisper sweet nothings to me Alex......

http://www.youtube.com/watch?v=v-IjGxuY3TE

Mon, 03/05/2012 - 22:45 | Link to Comment Bunga Bunga
Bunga Bunga's picture

Everyone work as hard as him! Everyone become rich!

Mon, 03/05/2012 - 22:57 | Link to Comment Cursive
Cursive's picture

@Bunga Bunga

Is he rich?  Looks like the definition of a $30,000 Millionaire.  Dallas is full of them.

Mon, 03/05/2012 - 23:22 | Link to Comment Extremist Tan
Extremist Tan's picture

+1

Mon, 03/05/2012 - 23:24 | Link to Comment prains
prains's picture

dude hit an inside straight on the river and now he's an FX god, next time he pushes all in, it'll come up tits. good night dope.

Mon, 03/05/2012 - 23:44 | Link to Comment Fidel Sarcastro
Fidel Sarcastro's picture

He's only 22yrs old and TEACHES trading on Forex?  Sounds like he's running some kind of Ponzi-scheme.  He's an asshat poser.  

Tue, 03/06/2012 - 00:17 | Link to Comment UGrev
UGrev's picture

You don't drop that kind of coin if you're not trying to garner attention to yourself. Subtle shit like.. well, ok, not SOOO subtle.. but shit like this WILL eventually bubble up to the internet. If you ask me it was s 2 fer. 1 for the licks and kicks.. and 1 for the advertisement.. free advertisement.

Tue, 03/06/2012 - 02:03 | Link to Comment Temporalist
Temporalist's picture

Yea advertising for his "one on one seminars" because anyone that has such fame and fortune wants to spend an hour with some schmoe instead of making "six figures" and partying with the glitterati.

Incidenatlly six figures may be $100,000...he just blew 2 1/2 years salary in one night it looks to me.

Tue, 03/06/2012 - 05:02 | Link to Comment UGrev
UGrev's picture

I never defined what he was "advertising". Fame makes people do stupid shit. 

Tue, 03/06/2012 - 13:18 | Link to Comment long-shorty
long-shorty's picture

Right on. This kid could be the next Lenny Dykstra sans baseball prowess. Let's hope his clients have some good reporting on their forex accounts. On second thought, why do I care what happens to his clients?

Mon, 03/05/2012 - 22:46 | Link to Comment Conrad Murray
Conrad Murray's picture

$50 to the first person to change this creep's homepage to a WB7 image.

Go Go Go

Mon, 03/05/2012 - 23:00 | Link to Comment spiral_eyes
spiral_eyes's picture

Internal servor error :(

Mon, 03/05/2012 - 22:47 | Link to Comment Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Something smells rotten here. Hope has more of a story here than what is presented.

Mon, 03/05/2012 - 22:50 | Link to Comment Cursive
Cursive's picture

@Vampy

What?  You don't believe all of the Alger Hiss stories you read? (/sarc)

Mon, 03/05/2012 - 22:58 | Link to Comment Ahmeexnal
Ahmeexnal's picture

if he just turned 22, and at 11 traveled to the continent where he showed his interest in the different currencies....sounds like a fake story. at that time there was only "one currency to rule them all".

Mon, 03/05/2012 - 23:46 | Link to Comment Matt
Matt's picture

The Euro just turned 10. 22 - 11 = 11.

Tue, 03/06/2012 - 00:30 | Link to Comment LetThemEatRand
LetThemEatRand's picture

He inherited wealth, obviously.  Douche extraordinaire.  Tea Party Dream.

Tue, 03/06/2012 - 02:06 | Link to Comment TrulyBelieving
TrulyBelieving's picture

NO, LTER is the douch extraordinaire. You have no idea if this guys money is inherited or not, but you just like to stir up stuff because you are nothing but a small winey socialist that hates it when anyone makes a dollar or two. The only Tea Party dream you're against is the idea of Liberty and a free market. You sick scum. I'm tired of working hard, then forking over way more than what is right because those of your ilk that think there is some social good in stealing from some and giving to others(like yourself). You misguided idiot, like the blind leading the blind.

Tue, 03/06/2012 - 02:18 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Okay, truly idiotic.  I'll bet a buck we hear later that this douche is from money.  Care to wager your credibility?

Tue, 03/06/2012 - 02:26 | Link to Comment TrulyBelieving
TrulyBelieving's picture

Who cares where his money comes from? If we were to wager your credibility, fine, but I never speculated where his money came from, that be you that ignorantly assumes such things.

Mon, 03/05/2012 - 23:49 | Link to Comment nevadan
nevadan's picture

Alger Hiss?  You mean Horatio Alger, rags to riches story.  Not a commie sympathizer right?

Tue, 03/06/2012 - 00:03 | Link to Comment Cursive
Cursive's picture

@nevadan

Yeah.  Total brain fart there.  Horatio Alger.  And I can't get "Flowers for Algernon" out of my head either.

Mon, 03/05/2012 - 23:15 | Link to Comment YC2
YC2's picture

Well, does he make that money trading or teaching people to trade?  There is an enormous difference.  Getting clients, getting kickbacks as an Introducing Broker, then having a platform to take the other side of client trades or make another rebate passing them to somene else is a lucrative business as well.

Mon, 03/05/2012 - 22:48 | Link to Comment Bill D. Cat
Bill D. Cat's picture

Currency is my passion , cheap pussy is my obsession .

Tue, 03/06/2012 - 00:26 | Link to Comment CvlDobd
CvlDobd's picture

This dude likes really high priced pussy.

Tue, 03/06/2012 - 01:08 | Link to Comment hustler etiquette
hustler etiquette's picture

Quote to live by. "cheap pussy is my obsession." may the gods show you favor. I may get this tattooed on my forearm?

Tue, 03/06/2012 - 01:46 | Link to Comment Unprepared
Unprepared's picture

"Haters gonna hate"

Mon, 03/05/2012 - 22:49 | Link to Comment Cursive
Cursive's picture

Who was it that was just nominated for douchbag of the year?

Next day he boasted on his website: “Just opened the world’s largest Ace of Spades bottle with my boy George Panatiyou at the PlayGround. Great night! Miami Next

Gheyer than ghey.

 

Mon, 03/05/2012 - 22:54 | Link to Comment Ahmeexnal
Ahmeexnal's picture

he's got "GATORADE" slapped right on his forehead!

Tue, 03/06/2012 - 00:40 | Link to Comment Real Estate Geek
Real Estate Geek's picture

 

Asshole Admits To Being Asshole In Supreme Asshole Move

http://www.theonion.com/articles/asshole-admits-to-being-asshole-in-supr...

 

Tue, 03/06/2012 - 12:04 | Link to Comment zerotohero
zerotohero's picture

You have got to love the great combination that is youth and arrogance - where one has yet to attain wisdom and truly self absorbed.

Mon, 03/05/2012 - 22:50 | Link to Comment SgtSchultz
SgtSchultz's picture

It's so easy even a kid can to it!

Mon, 03/05/2012 - 22:50 | Link to Comment Hugh G Rection
Hugh G Rection's picture

He fucked George Soros to get his seed money as a trader... he deserves any and all success.

Mon, 03/05/2012 - 22:51 | Link to Comment Seasmoke
Seasmoke's picture

for $300,000 he could never have paid for this much exposure......looks like money well spent (and hopefully he got laid by the hottest chick in the group)

Mon, 03/05/2012 - 23:34 | Link to Comment WonderDawg
WonderDawg's picture

I would think more like the hottest three. The guy's in his early twenties, after all.

Tue, 03/06/2012 - 05:25 | Link to Comment TheGardener
TheGardener's picture

This type is not getting laid. One reason they act crazy.
The hottest chick went home with the guy who sold that bottle.

Mon, 03/05/2012 - 22:52 | Link to Comment EvlTheCat
EvlTheCat's picture

yawn!!!!

Mon, 03/05/2012 - 22:53 | Link to Comment gwar5
gwar5's picture

About the bottle of champagne.... Just me, but I would have spent $125 on Dom and then the other $124,875. on women over a longer period of time. I think Son of Scarface Montoya was coked out of his head at the time.

 

Mon, 03/05/2012 - 22:55 | Link to Comment gwar5
gwar5's picture

He looks like the E-trade baby all grown up.

Mon, 03/05/2012 - 23:27 | Link to Comment Uber Vandal
Mon, 03/05/2012 - 22:54 | Link to Comment SolidSnake961
SolidSnake961's picture

so he's a zh reader

Mon, 03/05/2012 - 22:56 | Link to Comment Dr. Engali
Dr. Engali's picture

That may be the best $ 300,000 investment of his life. After all this exposure people will be throwing money at him.

Mon, 03/05/2012 - 23:04 | Link to Comment Comay Mierda
Comay Mierda's picture

i dont blame the guy.  as a "successful" currency trader, he probably realized all fiat currencies are truely worthless.  might as well use worthless paper to buy in-demand commodities like hookers and blow

Tue, 03/06/2012 - 00:34 | Link to Comment JPM Hater001
JPM Hater001's picture

"That may be the best $ 300,000 investment of his life."

That is the best $ 300,000 investment of his life.

Fixed.

Justin Beiber is calling in 5...4...3...2

Tue, 03/06/2012 - 01:32 | Link to Comment superflyguy
superflyguy's picture

If you never travel then you may think so.

In Thailand he could have almost retired on that money with top notch chicks till the rest of his life.

He is exactly why this world is in trouble - lack of long term thinking.

 

Tue, 03/06/2012 - 18:40 | Link to Comment Matt
Matt's picture

Although to be fair, retiring in Thailand with lots of local chicks might not result in a terribly long life:

http://en.wikipedia.org/wiki/HIV/AIDS_in_Thailand

Tue, 03/06/2012 - 01:36 | Link to Comment LetThemEatRand
LetThemEatRand's picture

He inherited his wealth.  He probably has millions more from mom or dad. And guys like you are kissing his ass for being smart for buying a six figure bottle of champagne.  I'm not a religious person, but the four whoresmen [sic] must be close........

Tue, 03/06/2012 - 02:50 | Link to Comment Dr. Engali
Dr. Engali's picture

Maybe a little religion for you would be a good thing. It might teach you not to be so judgmental , especially when it comes to the beliefs of others. You don't know me from Adam yet you assume I worship him. For your information what I worship is not of this world. I believe that all I need will be provided by the God given talents granted to me. Anything in excess of what I need for a comfortable living and taking care of my family goes to those less fortunate than me. Another thing faith might teach you is to not be so envious about what others have that you don't. I have read a lot of your posts before and you seem like a bitter person. Greed has a way of taking care of itself.

Tue, 03/06/2012 - 04:21 | Link to Comment AnAnonymous
AnAnonymous's picture

Maybe a little religion for you would be a good thing. It might teach you not to be so judgmental , especially when it comes to the beliefs of others.

______________________________________________

And which religion provides the magical formula?

In the end, it will appear one does not need religion not to judge others.

So quite useless to ask.

Mon, 03/05/2012 - 22:56 | Link to Comment hack3434
hack3434's picture

Site down! Lol...

Mon, 03/05/2012 - 23:02 | Link to Comment DormRoom
DormRoom's picture
Star trader started out at a greasy burger bar

Alex Hope made his first trade around five years ago, while he was still working at a fast food bar – and now claims to earn a six-figure salary.

He made his first deals on his mobile phone during the commute to his day job, after a spread betting seminar shortly before his 18th birthday.

“That was it, I was hooked,” he said recently. “On the day I started India raised its rates. It worked in my favour – I made £600 on my first day.”

He had trials at Charlton Athletic and hoped to make a career in football, working at a fast food bar helped pay the bills.

“It was meant to be just an extra hobby alongside football,” Alex explained. “But when it started occupying all my thoughts.

"I took two months off my job at Wembley, got really obsessed with reading charts and got the guts to start trading properly.”

 

src: http://www.mirror.co.uk/news/uk-news/the-businessman-who-ran-up-20494788...

========================================================

lmao.. "reading charts".. why bother learning about fundamentals in economics, and accounting, when you can just gamble off charts, and have the Central Bank back you up, by never allowing the S&P to drop below 1060, or the Yen to drop below 86

 

Mon, 03/05/2012 - 22:57 | Link to Comment CreditcalMass
CreditcalMass's picture

A chav in a monkey suit who thinks he's got half an asylum between his ears, fan fucking tastic.

Tue, 03/06/2012 - 00:17 | Link to Comment palmereldritch
palmereldritch's picture

He best stay away from Cheltenham

http://www.youtube.com/watch?v=vvq-uO-XgjM

Mon, 03/05/2012 - 23:00 | Link to Comment bbq on whitehou...
bbq on whitehouse lawn's picture

Life is long enough to make and lose many a small fortune.

Good luck to you Alax. I havent yet met a curency trader who retired rich.

Let the kid have his day in the sun, we all know how this story ends.

Tue, 03/06/2012 - 03:38 | Link to Comment DIEKeynesianEco...
DIEKeynesianEconomics's picture

You probably haven't met any who have low draw down. If I had a nickel for the amount of times I've seen traders 10 fold their starting balance (or more) and then lose 50% or more in one trading day, that alone would let me retire rich.

Use stops, internet connections and brokerage servers aren't perfect. Not to mention large price gaps which your brokerage decides not to honor to the pip. Hell, it's even possible to place a market order and disconnect two seconds later when you go to place the stop. You call in to have your brokerage close the trade and you're already down 10%. Very rare, but it can happen and that will kill months or years of good trading.

The single most important factor to "retiring rich" is low draw down. Losing 1 or 2% of your balance on a trade should be max pain, but most traders don't get this, even very successful ones. The moment they make a bad trade, arrogance gets in the way and they let a 2% loss turn into 5, then into 10, etc..

As for this mystery trader, that was the worst article ever and was very obviously premeditated. They don't even show his face in the picture where he's holding the champagne. Not even the same guy.

 

 

Tue, 03/06/2012 - 14:56 | Link to Comment DIEKeynesianEco...
DIEKeynesianEconomics's picture

Yes, junk a comment that is nothing but truth. ZH for ya.

 

Mon, 03/05/2012 - 23:03 | Link to Comment goldencrumbs
goldencrumbs's picture

"OPM" Other People's Money.

I think I just threw up in my mouth....

 

Mon, 03/05/2012 - 23:04 | Link to Comment xtop23
xtop23's picture

He sounds like that MadTrader guy that used to whore his silly newsletter on ZH a while back and spent the entire time name dropping and increasing upchuck reflexes of the boards community.

Mon, 03/05/2012 - 23:09 | Link to Comment hotkarlandthecl...
hotkarlandtheclevelandsteamers's picture

what ever happened to that fucking bozo the clown mad hedge fund trader.  Did he make enough pimping his get your seat now before they fill up limited edition luncheons for 300 per plate.  That broken clock was not even right twice a day.

Mon, 03/05/2012 - 23:13 | Link to Comment xtop23
xtop23's picture

Probably working for the Treasury Dept

Mon, 03/05/2012 - 23:07 | Link to Comment chump666
chump666's picture

still smells like BS.

FX market (retail) is full of con-artists.  He probably owns part of that crappy club in sh*tville. That club just got viral free advertising.  An ex-stripper/hooker from NYC tried the 'I ran a hedge fund and made mega bucks...' scam. 

"charismatic and thoroughly likeable man, Alex Hope exudes knowledge and you can’t help but respect and admire this self-taught and self-made young trader. Watch out trading markets, Alex Hope is kicking up a storm!"

hahahahahaah oh f*ck that is good...

 

Mon, 03/05/2012 - 23:10 | Link to Comment chump666
Mon, 03/05/2012 - 23:40 | Link to Comment SAT 800
SAT 800's picture

If you read the blog page, from which your quote came; you'll see for further info. contact, Ms. so and so; at PR AGENCY.!  A professional PR agency wrote the frigging blog page. It's definetely a scam.

Mon, 03/05/2012 - 23:42 | Link to Comment SAT 800
SAT 800's picture

"Willing to teach you, and a few select others, how to make money in this exciting field"; Oh, mama save me. I laughed until I hurt. It's a complete fucking scam.

Mon, 03/05/2012 - 23:06 | Link to Comment hotkarlandthecl...
hotkarlandtheclevelandsteamers's picture

Just like Lenny Dykstra's sad run in the financial markets and his 100% winning options trades him and Cramer promoted that ended today with 3 years in jail for "nails", this overweight bozo will soon be selling 401k's plans for the local commercial bank.

Mon, 03/05/2012 - 23:09 | Link to Comment xtop23
xtop23's picture

Or muling heroin at San Quentin for his "daddy"

Mon, 03/05/2012 - 23:11 | Link to Comment Sir Edge
Sir Edge's picture

 

 

We Need A ZH Pool On This Guy...

He will Blow Out in...

A. 1 Year

B. 2 Years

C. 3 Years

D. Longer

E. Never

Place Your bets... Mine is B...

Tue, 03/06/2012 - 00:07 | Link to Comment Yes We Can. But...
Yes We Can. But Lets Not.'s picture

F - one month. I wish the kid well, but expect to never hear of him again.

Tue, 03/06/2012 - 00:35 | Link to Comment JPM Hater001
JPM Hater001's picture

Yeah, your pool sucks...Here is a better one...

He will die of Blow in

1

2

4

months.

Mon, 03/05/2012 - 23:09 | Link to Comment ISEEIT
ISEEIT's picture

Hey, Geithner is almost 'one and done', just imagine the amazing synchronicity in Mr. Hope becoming the new S.O.T.T?

Gosh Wally, is this cool or what!

"hope, change, and even more hope"

Wow, just Wow.

Mon, 03/05/2012 - 23:09 | Link to Comment I am a Man I am...
I am a Man I am Forty's picture

one of the more successful ZH readers!!  hey hope, teach me teach me, u gotta be better than goldman!

 

kidding of course

Mon, 03/05/2012 - 23:15 | Link to Comment YC2
YC2's picture

double post!

Mon, 03/05/2012 - 23:19 | Link to Comment DavosSherman
DavosSherman's picture

He's a great guy, if you don't believe me, just ask him

 

 

"great footballer and generally nice bloke!"

Mon, 03/05/2012 - 23:20 | Link to Comment Clowns on Acid
Clowns on Acid's picture

Alex must be related to Bernanke. One says that he doesn't print, the other says he does.

Mon, 03/05/2012 - 23:21 | Link to Comment BKbroiler
BKbroiler's picture

damn what a bunch of haters on here. props to the wiz kid, at 23 I was broke as hell...

Mon, 03/05/2012 - 23:44 | Link to Comment SAT 800
SAT 800's picture

You don't understand, Dude. It's a scam. It's bullshit. It's an advert for private trading training; (for big bucks).

Tue, 03/06/2012 - 00:01 | Link to Comment BKbroiler
BKbroiler's picture

I doubt it.  There are plenty of rich "analysts" in their early 20's, at least here in NYC.  This kid just made a ruckus at the bar.

Mon, 03/05/2012 - 23:24 | Link to Comment Arvo Particleboard
Arvo Particleboard's picture

I'll take the other side of a £125,000 bottle champagne all day long.

Fade Hope.

Mon, 03/05/2012 - 23:30 | Link to Comment Extremist Tan
Extremist Tan's picture

But online I'm out in Hollywood
I'm six foot five and I look damn good
I drive a Maserati
I have a blackbelt in karate
And I love a good glass of [sound of Code Red]

Mon, 03/05/2012 - 23:30 | Link to Comment chump666
chump666's picture

if he was/is a Soros, we would see that in the FX market moves, nothing too dramatic lately except the EUR selling since March 1st and the gold sell off.  From his tweets I don't think he was shorting gold.

Or he is leveraged to hell say 1000:1

If he was some nerd that set up a HFT and is scalping on 300K+, I would believe it. 

BS story.

Tue, 03/06/2012 - 02:05 | Link to Comment chump666
Mon, 03/05/2012 - 23:31 | Link to Comment crawldaddy
crawldaddy's picture

anyone who spends 300k at a pub is a stone cold idiot. Sounds like a scammer con man to me.

Mon, 03/05/2012 - 23:37 | Link to Comment prains
prains's picture

right on, either he's batting for the ALL MORONS or he's working the Alex Ovechkin "here's a pic of my bar tab" scam to run his name and grab the free pub.

Mon, 03/05/2012 - 23:36 | Link to Comment El Gordo
El Gordo's picture

Just what all kinds of "commodities" does he dabble in?  I only know of one line of products that offer those kinds of returns.  They typically are retailed at the street level by local "brokers" who are familar with the neighborhoods in which they operate, and the business is mostly cash - sort of like drive-through.  Be interesting to see.

Tue, 03/06/2012 - 02:53 | Link to Comment e_goldstein
e_goldstein's picture

He's probably Blythe's nephew.

Mon, 03/05/2012 - 23:38 | Link to Comment hotkarlandthecl...
hotkarlandtheclevelandsteamers's picture

Bottles and models baby...off to south beach next.

Mon, 03/05/2012 - 23:43 | Link to Comment Maos Dog
Maos Dog's picture

I am going to my bunker guys.

This and that Tim K article tell me the top is in for sure.

Mon, 03/05/2012 - 23:48 | Link to Comment lolmao500
lolmao500's picture

Those banksters... just fine folks...

Banker with $3.4 million dollar home stabbed cab driver over $204 cab ride

http://www.bloomberg.com/news/2012-03-02/morgan-stanley-executive-jennin...

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