Amir
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So they take commissions off my trades and then they give me the rest.
It's a 90-10 split. I get 90%, then they get 10%.
Uh, well, I've got most of it sitting in my bank account. Um, I still live with my parents, so I really don't have many living expenses. I'd say I probably only spend about maybe 1500 a month. Okay. I've just been saving it up and, uh, I've been planning on buying a nice car, but I don't know if that's the responsible thing to do.
No, never. I actually recently just turned 18.
Yeah. Yeah. I understand. It's not obviously a linear thing. I wasn't planning on buying, you know, a supercar or anything. I'm looking at a 2014 Mercedes CLS. It's about $28,000. And I was just wondering if buying that cash would be a responsible thing to do or not.
Uh, it is now. I used to, uh, do, um, like, uh, gigs on apps like DoorDash and Inbreeds before I became profitable.
Well, it really depended because I was still in high school and then towards the beginning of this year, I was still in college. So I was only working about 20 hours a week. So maybe at most like $1,500 a month, but some months I'd go up to like $25.
No, no debt.
Well, I'm actually currently in college studying biochemistry. My dream is to become a doctor one day.
Yeah, it does sound like med school. That would cover all four years.
Hey, guys. I'm a big fan. It's really nice to be on the show.
Yeah, so I'm in a bit of a unique spot. I'm 18 years old, and I trade futures. I'm a day trader, and I've recently started making a pretty large amount of money, and I just want help managing it correctly and making responsible choices.
Well, I've been averaging about $15,000 a week for the past five months. The past week, I made $25,000. Wow.
So how I actually trade is I'm a funded trader. I'm actually treated as an individual contractor, and the firm provides me with capital to trade with after they've evaluated me. So really, I just paid for that evaluation fee, which was only $150.