Insider Trading-How To Make $7 million from Insider Trading Information

Insider trading can be your fastest way to getting rich very quickly in the forex market and also in the share market.

Wouldn’t it be good to have that insider trading information ahead of the trading masses? What if you knew what the exact details of the Non Farm Payroll 5 minutes before if officially came out?

Or what if you knew that the Reserve Bank of Australia will cut its interest rate 5 minutes before the news came out so you take short positions because you know how the forex market will react to that?

Or what if you had a college friend who worked with Australian Bureau of Statistics who’d tell you what the employment figures for the previous month would be so that you’d take your bets well before the trading masses?

Guess what?

If you had access to these kinds of market moving data before they officially came out(announced), you would with no shadow of doubt make a  lot of money in the forex market.

2 TYPES OF INSIDER TRADING 

We all are intrigued by insider trading and how these traders get that information to do insider trading. But in reality, insider trading is all about having the right information at the right time before anyone else does and profiting greatly from that inside information.

Its all about having that market moving information before anybody else gets it and there are two ways you can have access to these kinds of market  moving information.

1. You are the inside man, the insider, so you know that inside information. The most basic case is that  you work for that organisation that releases that information and your role in that organisation allows you to have access to that information just before it gets released to the public.
2. The second way is that you have a friend, a wife, a husband, or just somebody who you can bribe working in the organisation that knows what kind of information will be released to the public. And this person, gives you that information so you can trade based on that information way before the trading masses see the forex news and react to it.

HOW A 26 YEAR OLD FOREX TRADER MADE $7 MILLION WITH ONLY 23 TRADES BASED ON INSIDER TRADING INFORMATION

Lukas Kamay is a 26 year old National Australian Bank Employee. He has a friend, Christopher Hill, who Works with Australian Bureau Of Statistics. Two former university mates… Perfect!

If you don’t know, the Australian Bureau Of Statistics releases monthly economic data for the country to the foreign exchange markets. This data moves the forex market. Luckily for Lukas Kamay, he had a friend who knows exactly what the data would be before it gets released to the public.

So what happens is before the news comes out, Lukas Kamay is taking positions based on the inside trading information provided to him by his former uni mate Christopher Hill.

Based on that inside trading information, Lukas Kamay Made $7 million…in one year.  It is alleged that, the amount of money came from only 23 Trades. Lucky guy!

But here’s more, Lukas Kamay paid around $50,000 to $60,000 to his former uni mate for this insider trading information.

Lukas Started Trading Forex in August 2013.

WITH INSIDER TRADING, ITS ONLY A MATTER OF TIME BEFORE THE LAW GETS YOU

Lukas Kamay was caught just this month, May, 2014. You see, you can hide for a while with Insider trading but eventually the law will catch up to you.

These two guys could spend 8 to 10 years in jail if found guilty by the court.

That’s the penalty for insider trading if you get caught. On an interesting note, their insider trading case is one of the biggest cases in Australian history.

For more information on this story here, click this link: forex insider trading case

WHAT WOULD YOU DO IF YOU HAD INSIDER TRADING INFORMATION?

Insider trading is illegal…we all know that….But I just say: you wan’t to be a smart crook. Do you think you would have done  things a bit differently and still would have not have  got caught with insider trading?

What would you do if you had access to to insider trading information and you don’t want to get caught profiting from that inside information? How would you have gone about doing your forex trading?

I would be really interested to know…Leave your comments below.

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