Amir
👤 SpeakerAppearances Over Time
Podcast Appearances
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.
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.
Well, I've been averaging about $15,000 a week for the past five months. The past week, I made $25,000. Wow.
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.
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.
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.
So they take commissions off my trades and then they give me the rest.
So they take commissions off my trades and then they give me the rest.
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%.
It's a 90-10 split. I get 90%, then they get 10%.
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.
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.
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.