{"id":748,"date":"2019-05-29T09:22:09","date_gmt":"2019-05-29T13:22:09","guid":{"rendered":"http:\/\/aky.pbv.mybluehost.me\/?p=748"},"modified":"2019-05-29T23:58:00","modified_gmt":"2019-05-30T03:58:00","slug":"harouna-traore","status":"publish","type":"post","link":"https:\/\/aky.pbv.mybluehost.me\/harouna-traore\/","title":{"rendered":"Harouna Traor\u00e9 &#8211; The Trader Who Made Millions by Accident"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Harouna Traor\u00e9 was a new trader in 2017. He w<\/span>as studying<span style=\"font-weight: 400;\"> in Paris to learn everything he could about the markets. <\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">O<\/span>nce he became <span style=\"font-weight: 400;\">more comfortable with trading, he decided to open an account with a brokerage. Traor\u00e9 gave a British broker 20,000 euros, and he was off. He began using the platform he r<\/span>eceived<span style=\"font-weight: 400;\">, trying things out with some simulated trading.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>You may also like<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><a href=\"http:\/\/aky.pbv.mybluehost.me\/bill-lipschutz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bill Lipschutz<\/a><\/li>\n\n\n\n<li class=\"\"><a href=\"http:\/\/aky.pbv.mybluehost.me\/howie-hubler\/\" target=\"_blank\" rel=\"noreferrer noopener\">Howie Hubler<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">So far,<\/span> he is on the right path. At Earn2Trade,<span style=\"font-weight: 400;\"> we likewise suggest education and then practice for new traders. Harouna Traor\u00e9 was ready to succeed, but things were not as they seemed.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">In reality, he soon found out he was not on a simulated account! By that time, he had managed to take a position in the neighborhood of a billion euros in equity futures. Not just that, he was down one million euros from these trades.<\/span><\/p>\n\n\n\n<div class=\"earn2-ads_pt1_desktop\" id=\"earn2-4053590028\"><div id=\"earn2-2598321616\" style=\"margin-left: auto;margin-right: auto;text-align: center;\"><a href=\"https:\/\/www.earn2trade.com\/trader-career-path?a_pid=E2TLLC&#038;chan=code330&#038;utm_source=Affiliate_track&#038;utm_medium=Top_Banner&#038;utm_campaign=Affiliate_blog&#038;utm_id=TCP_English\" target=\"_blank\" aria-label=\"910x300_earn2trade_ad\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2020\/04\/910x300-Dark-II_EN.png\" alt=\"910x300_earn2trade_ad\"  srcset=\"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2020\/04\/910x300-Dark-II_EN.png 910w, https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2020\/04\/910x300-Dark-II_EN-300x99.png 300w, https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2020\/04\/910x300-Dark-II_EN-150x49.png 150w, https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2020\/04\/910x300-Dark-II_EN-768x253.png 768w, https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2020\/04\/910x300-Dark-II_EN-770x254.png 770w\" sizes=\"(max-width: 910px) 100vw, 910px\" class=\"no-lazyload\" width=\"910\" height=\"300\"  style=\"display: inline-block;\" \/><\/a><\/div><\/div><h2 class=\"wp-block-heading\" id=\"h-harouna-traore-vs-his-brokerage\">Harouna Traor\u00e9 vs. His Brokerage<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">At this point, he was losing his mind with worry about what will happen to him and his family. Then, he makes a decision that is both bold and wild. He keeps going. He pushes his position even larger, around $5 billion. In the end, he ends up in profit! Harouna Traor\u00e9 has made $10 million in euros<span style=\"font-weight: 400;\"> in the end. <\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">No doubt more relieved than he has ever been in his life, Harouna Traor\u00e9 stops trading and calls the broker a few days later. It is not typical that he would be allowed to trade such large quantities without the margin to back it up. Traor\u00e9\u2019s account was actually meant to be limited to 10 contracts per day, but obviously, something went wrong with that. Too late to worry about that now, though. The trades were complete.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">However, this was not how the broker saw it. They said he went against the terms of the brokerage contract and that his trades were not valid. This caused Traor\u00e9 to <a href=\"https:\/\/www.businessinsider.com\/harouna-traore-trading-trainee-sues-valbury-capital-british-brokerage-after-demo-error-2018-6\" target=\"_blank\" rel=\"noreferrer noopener\">sue them<\/a> for the huge pile of money they now had due to his trades. <\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">It\u2019s a sure thing they will be fighting over that money for a while. It\u2019s also a sure thing you can practice your trading with Earn2Trade\u2019s simulator accounts without accidentally putting millions of dollars on the line.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Harouna Traor\u00e9 was a new trader in 2017. He was studying in Paris to learn everything he could about the markets. Once he became more comfortable with trading, he decided to open an account with a brokerage. Traor\u00e9 gave a British broker 20,000 euros, and he was off. He began using the platform he received, [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":50902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[9],"tags":[124,147,42],"class_list":["post-748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people","tag-europe","tag-simulator","tag-traders"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6.1 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Harouna Traor\u00e9 - The Trader Who Made Millions by Accident - Earn2Trade Blog<\/title>\n<meta name=\"description\" content=\"Harouna Traor\u00e9 was a new trader. He opened a \u20ac20,000 account with a British broker and started trading, but couldn&#039;t believe what happened.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aky.pbv.mybluehost.me\/harouna-traore\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Harouna Traor\u00e9 - The Trader Who Made Millions by Accident - Earn2Trade Blog\" \/>\n<meta property=\"og:description\" content=\"Harouna Traor\u00e9 was a new trader. 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