Anthony Alvarenga, famously known as Mamba FX, is the world’s richest day trader and a social media sensation, revolutionizing the US30 trading industry. With over half a million Instagram followers (@mambafx) and 472,000 YouTube subscribers, he has built an empire that blends financial mastery with an opulent lifestyle. Rising from humble beginnings, Mamba FX defied the norms of Wall Street, turning trading into a mobile, high-stakes endeavor—whether from luxury suites, private jets, or even the side of a Las Vegas highway in his Rolls-Royce Cullinan. His expertise, transparency, and engaging content have transformed thousands of aspiring traders into financial success stories, cementing his status as a trailblazer in modern finance.
How did you get into the trading game?
I got started in trading like most people—broke and looking for ways to make money. I tried everything, from legal avenues to some illegal stuff, until I stumbled onto trading. What drew me in was the potential to make money quickly. At first, I thought it would be easy—I’d get rich fast and everything would fall into place. While I did eventually get to that point, it didn’t happen overnight. It took years of trial and error, questioning whether this was for me, and pushing through tough times. There were plenty of nights where I wondered if it was worth it, but I kept going, and eventually, it all paid off.
How do you structure your day for maximum efficiency?
My day starts with a cup of coffee, a quick workout, and some quiet time for prayer and reflection. Then, I get straight into analyzing the charts—looking at trends, volume, and key levels to plan my trades. I keep my trading strategy simple, executing my trades in about an hour to an hour and a half. After that, my time is completely my own. Whether I’m spending time with my fiance, adding to my car collection, or just relaxing, trading gives me the freedom to live life on my own terms.
What’s been your biggest financial win on a single trade?
My biggest financial win in trading was making $240,000 in just 30 minutes. It was an incredible achievement, something I’d worked for a long time to reach. The next day, I went all in—blew that money on a McLaren and a Bentley, dropping $150K on each. But even though I lost it right away, I was proud of myself for hitting that milestone. I’m now focused on hitting bigger goals, like half a million or even a million, which is definitely within reach. However, I’ve learned to stay consistent and avoid over-leveraging, even though sometimes I do take risks. Making $250K in a day comes with major risk—typically, you’ll be putting $100K on the line to make that. I’ve found I’m more comfortable averaging $50K to $200K a day. I’d rather take a more balanced approach than risk everything for a big win.
What’s been your biggest financial loss on a single trade?
My biggest financial loss in a single trade was just over $100,000. I was aiming for a $300,000 to $400,000 win and felt confident about it. But then the market reversed on me. I had the chance to cut my losses at around $60K or $70K, but I kept telling myself it would reverse, that it was going to turn around. It didn’t. In that moment, I let my emotions take over, which happens sometimes, even as a professional. I lost that money, and it sucked. But it’s part of the game, and I’ve learned to bounce back quickly. It’s painful, but it’s just another lesson in the process.
How do you handle stress or regain focus when feeling overwhelmed?
At the end of the day, I remind myself to trust God. His plan is bigger than anything I can see in the moment, even when things don’t make sense. I also trust in myself—I know I have the strength to push through. Life isn’t always smooth sailing; there will be challenges. But when those tough moments come, the key is to stay focused, persevere, and keep moving forward.
What’s a key factor in your business growth or career success?
One of the biggest game-changers for me has been building a strong team. Anyone can make a million dollars alone, but scaling to 10 or 20 million requires the right people. I’ve spent the last few years putting together a team that excels in areas I can’t master myself—like website design, managing discords, or handling YouTube edits. Now, I have about 30 people on my team. It costs me a few hundred thousand dollars a month, but that investment has generated millions in return.