Most teenagers dream of significant success and eventually making seven figures. For most teens, it’s nothing more than a pipe dream. Yet, at 16, Anthony Alvarenga made it happen. Also known as MambaFX, Alvarenga became a teenage entrepreneur and, later, a Forex trader.

Between his unique strategies, personal challenges, and recent milestones, Alvarenga has more than proven that his success wasn’t a fluke or the luck of the draw.

Breaking Barriers at a Young Age

Alvarenga’s accomplishments began as a teenage entrepreneur and continued until he quickly became the world’s richest independent trader. By 19, he had accumulated over $20 million net worth and made record-breaking trading profits.

While multiple components and avenues led to Alvarenga’s high-earning status, he grew his empire from Forex trading. He employed unique trading strategies and wealth-building techniques to get where he is today. Now 24, the entrepreneur has grown his online presence, amassing millions of YouTube and Instagram followers.

Overcoming Difficult Obstacles

Things didn’t always come easy to Alvarenga. As an adolescent, he worked through depression and other mental health struggles — many of which stemmed from growing up without a paternal figure. It takes someone powerful to turn that adversity around and funnel it into creating a better, more fulfilling life. Alvarenga channeled his challenges into motivation to pursue his ambitious dreams and encouraged other aspiring entrepreneurs to do the same.

Embracing Success

While some successful people never tap into their profits, Alvarenga embraced his quick success and curated a lavish lifestyle. Between luxury cars, travel, and high-stakes trading, he has proven the adage of high risk and high reward.

Of course, Alvarenga’s success isn’t purely physical. His engagement on social media platforms like Instagram and YouTube keeps him authentically connected to his audience, whom he inspires to follow their entrepreneurial dreams.

Finding Someone to Share It With

Alvarenga didn’t want to keep his success to himself. In February of this year, the entrepreneur made a grand, headline-making proposal to his longtime girlfriend.

So, how did he do it? He opted for a private yet lavish event reflecting his success and deep affection for his partner. She was right there alongside him for three years as they provided each other with passion, unwavering support, and the resilience that makes for a successful partnership.

Alvarenga’s Trading Philosophy

Trading has been the main contributor to Alvarenga’s success over the years, but those initial breakthroughs allowed him to branch out and pursue his other ventures at a young age. Every successful entrepreneur needs a personal philosophy to ground their path to affluence. For Alvarenga, that means self-reliance, determination, and the ability to work independently.

While having a support system is essential, solely relying on others isn’t the smartest business move. In a cutthroat industry, depending on oneself is the name of the game.

In addition to independence, Alvarenga’s trading approach centers on precision, patience, and strategic action. He built his entrepreneurial empire by focusing on identifying profitable setups, effective risk management, and disciplined execution.