Teenager who is not “smart on paper” makes £10K a week online

A teenager who failed his GCSEs is on the cusp of becoming a millionaire – making £10,000 a week by working just two hours a day.

Ashley Richards, from Tenby, Wales, is featured on BBC Wales’ new documentary, Young Welsh and Pretty Minted, making £2,000 in just 30 seconds.

Armed with only his laptop and a mobile, the 19-year-old has been known to bring home £8,000 in one day by trading money on the internet to support his appetite for a £120,000 car and designer watches, Wales Online reports.

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During the show, self-taught Ashley explains what he does: “I buy a currency at a lesser price and sell it at a higher price, it can all depend on various things like interest rates, bank decisions, Brexit.

“I am always looking at trends in the market. I had to teach myself how to do it online. I probably downloaded about 400 eBooks.”

It all started when Ashley withdrew £450 out of his bank account on the day he found out he hadn’t passed his GCSEs.

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He can work from anywhere in the world, and usually starts his day with two hours of trading in the morning.

Catching up with Ashley after the show was filmed, he explained: “It’s the foreign exchange – all sorts of currency.

“My friend got me into it, he was doing it and I got into it via him – I’m not at his level yet,” he laughed.

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“I’ve always been looking at what I can do later in life as a job, with minimal GCSEs.”

The teen added: “I’m not very smart on paper, I’d say. Not academic.

“I had to look at stuff that wasn’t really academic related. There was no other way.

“For me, I felt I either had to go via school, go to university and get a normal job like that or find my own path.”

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