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Original investigations into social injustice, public policy, inefficiency and fraud

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Face the Facts: Who wants to be a trader millionaire?

08/05/2013

Who wants to be a trader millionaire?

BBC Radio 4 - Face the Facts, Who wants to be a trader millionaire?

John Waite enters the world of the DIY financial traders.

John Waite on concerns that more and more people are taking up trading the foreign exchange market and stocks and shares, in search of well-paid careers or as a lucrative hobby.

We investigate concerns that more and more people are taking up trading the foreign exchange market, and stocks and shares, in search of well-paid careers or as a lucrative hobby. Expensive training courses offer the chance to learn the 'secrets of the trade' leaving participants to believe they can easily beat the market from the comfort of the computer in their spare bedroom or their laptop on the beach. With unemployment high, and interest rates low, a growing number of job seekers are turning themselves into d-i-y traders. So are all too many of those who sign up being fooled - or fooling themselves - into thinking that making money through financial trading is a pretty straightforward skill to acquire?

Producer:Joe Kent.

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