Trader builds $5 Billion position after realising he wasn’t trading in Demo account
Harouna Traore, a Trader in France recently learned Trading from a Stock Market Institute in Paris was testing his skills in a Demo account. Traore opened a real trading account using Euro 20,000 during the Trading course.
He was using a british brokerage firm Valbury Capital’s platform and lost almost 1 million Euros. Little did he know it was the actual account he was trading on which got him surprised the moment he found that.
He says ” I was only thinking about my family “. Traore is a married man with two daughter, and he was thinking about the Million Euro loss.
but traders are audaciously bold, aren’t they?
He didn’t stop there and continued trading until he turned the loss into $11 Million profit firm cant keep profit
To explain the situation Traore called the Stock broker but the firm declared he was in breach of his contract and the holdings were both
Traore later sued Valbury an Indonesia based financial Services for the profit of $11 Million profit realising but as per the company can keep up they did nothing unprofessional and wrong.
There has been a 15% declining in Valbury’s revenue from 2015 so this is a make or break case for the firm. As there is a Growth in the firm for more than $11 million,