Film, music and TV are only a few of the challenges conquered by 16-year-old star Rachel Fox, who is also taking on the stock market.

“I love short selling,” Fox told Newsmax TV in an exclusive interview.

“It’s what I actually do most of. I always have a great instinct for when things are just going to flip down a little bit based on trends or other things.”

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Fox said that she is looking to teach the basics of investing and stock trading to her fans and followers through her website www.foxonstocks.com. She credits her mother with explaining the basics of the stock market.

Editor's Note: Billionaires Dump Stocks. Prepare for the Unthinkable.

“I ended up falling in love with the concept of day trading,” Fox said. “It’s definitely not that easy, but it intrigued me at first and I really wanted to do it. I definitely had to go through some hoops with my parents. I had to definitely make sure that they saw that I could do it, but we worked through it.”

Fox has a secret weapon when it comes to monitoring her positions while on set: the iPhone.

“I’m always looking at it, always online,” Fox said. “I’ll zoom in and I’ll see all of the trends. I’m trying to integrate my life with foxonstocks. I’m just trying to show people that … no matter what you are doing you can figure out how to trade.”

As for show business, Fox is looking forward to continuing her recurring role on “Melissa & Joey.”

“We’re going to be filming again in the next couple of months,” she said. “My character will be coming back and that will be airing … (at the) end of this year, beginning of next year.”

Editor's Note: Billionaires Dump Stocks. Prepare for the Unthinkable.