18-Year-old Sai Reddy makes over 12300$ a week from new mobile app.
Sai Reddy is now officially one of the richest 19-year olds in the Pune and the entire India, for that matter. The Pune native was playing on his smartphone last week when he discovered a popular new app called Olymp Trade. He had recently downloaded it but hadn’t played it yet.So, Sai opened the application and started playing with the demo account you get when registering for free. In just 15 minutes he doubled his money, making more than his parents earn working hard the entire month.One week later, Olymp Trade binary options deposited 1200$ of Sai’s earnings straight into his mother’s bank account.Sai is the only son of Vihaan and Pari Reddy, a typical middle-class couple, both of whom are originally from Chennai. Sai’s mom taught him how to use a computer at the young age of 6 and ever since then, he had been hooked. When he’s home, he can be found usually playing video games online or on Youtube. Their family did not appear to be the “stock trading” type though. That’s why his father, Vihaan was shocked when Sai showed him his balance on his phone!Mr. Reddy tells us, “I was watching the game with my wife when all the sudden, I heard Sai yell out, ‘Dad, Mom, I just made 120$ for us!’ I thought he was talking about some game on his computer again. I went into the bedroom to see what the fuss was all about and saw his trader account with graphs and numbers and most importantly with 130$ on it. And that was just in 15 minutes! I couldn’t believe it at first; I thought it was some kind of a joke. But then Sai told me he was playing a popular new Olymp Trade binary options app he downloaded. For him it was just like a game. But he took that game seriously reading a lot about market signals and trading strategies on Internet. Later on Sai had surprised us more and more with how much money one can made with binary options. 350$ a day and it’s not where it really stops!”
First I thought this was some kind of another gambling scam” says Mr. Reddy “but soon with relief I have found out that binary options are offering real currency market trading not some casino or some other hoax. I have read articles on Olymp Trade and learned about binary options. It occured that with it you can trade successfully with much less risk because you have strategies and market signals. They are really easy to find on Internet. This helps a lot! And you can practice it on demo account not risking any real money.”The next day, Olymp Trade holding company contacted the Reddy family to ask where they should wire the money. Sai’s parents decided it would be best for Sai to keep the money since he had technically earned it. They opened a savings account for Sai and funded it with a chunk of the money he had made. Sai is the youngest trader to make such profits on a regular basis with binary options, but certainly not the first. Since the beginning of 2017, over 3400 citizens of India started making over 300$ daily with Olymp Trade, many of whom had with minimum deposit.