Anthony Alvarenga, famously known as Mamba FX, 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.
What is your typical day, and how do you make it productive?
A typical day for me starts with a cup of coffee, a light workout, and some quiet time to pray and reflect. Then, I dive into the charts, analyzing trends, volume, and support and resistance levels to plan my trades. While trading may seem complex to some, I keep it simple—executing my trades within an hour to an hour and a half. After that, my day is completely free, allowing me to spend time with my fiance, expand my car collection, or do whatever I feel like. Trading gives me the flexibility and freedom to enjoy life on my terms.
How do you bring ideas to life?
I stay busy—whether it’s growing my family, expanding my car collection, or managing my finances. Because of that, I don’t always have the time to generate new ideas myself. Instead, I invest in a strong team, paying people to bring fresh ideas to the table. By providing them with the resources they need, they help fuel my vision. For me, time is money, and I’m willing to spend money to free up my time for the things that matter most.
What’s one trend that excites you?
I’m excited about the direction the US is heading, especially when it comes to taxes, regulations, and women’s sports. I support the current administration’s efforts to reduce taxes and improve financial conditions for both individuals and businesses. I’m particularly passionate about the protection of fairness in women’s sports, and I appreciate the policy changes that prevent men from competing in women’s categories. For me, these trends align with my personal and business interests, and they make sense both financially and morally.
What is one habit that helps you be productive?
For me, the key to productivity is consistency. Analyzing the markets the same way every day, waking up at the same time, and sticking to a routine have been crucial to my success. Repeating this process over and over keeps me sharp, comfortable, and prepared for whatever the market throws my way. Consistency is what has brought me this far.
What advice would you give your younger self?
If I could give my younger self some advice, it would be that condoms are a lot cheaper than raising kids. Don’t get me wrong—I love my children—but they come with responsibilities, and so do the bills. Life moves fast, and being smart about your choices early on makes a big difference down the road.
Tell us something you believe almost nobody agrees with you on?
One thing I believe that tends to stir some controversy is the idea of spending money like you make it. People are so obsessed with saving, holding onto every dollar, but here’s the truth: when you die, that money isn’t coming with you. Why not enjoy it while you’re here? Life is short, and too many people are scared to spend on the things that bring them happiness. I say, spend what you’ve earned, invest in yourself, and have fun. If you’re confident you’ll make it back, why not live fully? The future’s uncertain—make today the best day of your life.
What is the one thing you repeatedly do and recommend everyone else do?
One thing I do repeatedly and recommend to everyone is keeping things simple—whether in business, trading, or life. People tend to overcomplicate success by thinking they need fancy tools, expensive software, or complex strategies, but that’s not true. I trade using a regular computer, I take notes on my phone, and I focus on mastering my craft instead of chasing distractions. Simplicity leads to clarity, and clarity leads to success. If you can cut out the noise, stay focused, and be consistent, you’ll be surprised at how far you can go.
When you feel overwhelmed or unfocused, what do you do?
At the end of the day, you’ve got to trust God. He’s got a plan for you, even if it doesn’t always make sense. Stay on your path, and don’t stray too far off course. Trust in yourself as well—believe in your own strength. Life is great, but it’s not always easy. It’s not all sunshine and rainbows. There will be tough times, but when that happens, you’ve got to persevere, stay strong, and keep pushing forward.
What is one strategy that has helped you grow your business or advance in your career?
One strategy that’s accelerated my success is building a solid team. Anyone can make a million dollars on their own, but if you want to hit that 10 million or 20 million mark, you can’t do it alone. Over the past few years, I’ve focused on assembling a team to handle areas I can’t perfect—like website design, managing discords, or YouTube edits. Now, I have a team of about 30 people, and while it costs me a couple hundred thousand dollars a month, it’s been the best decision I’ve ever made. That investment has brought me millions in return.
What is one failure in your career, how did you overcome it, and what lessons did you take away from it?
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.
What is one business idea you’re willing to give away to our readers?
If you’re thinking about starting a business, my idea would be to make money first. Before jumping into entrepreneurship, acquire a skill set that allows you to generate personal income, like trading. Starting and running a business is expensive, and the costs can quickly spiral beyond what you initially expect. People often underestimate the overhead, unexpected expenses, and the risks involved. I’ve personally lost $500,000 thinking I’d make millions, but business ownership can be much harder than anticipated. So, focus on building your financial foundation first, and once you’re making money on your own, then consider venturing into a business.
What is one piece of software that helps you be productive? How do you use it?
For productivity, I keep things simple. My team and I use the Notes app on iPhone to organize ideas, and a regular camera to record content. I trade on a standard computer using TradingView to analyze charts. I don’t believe in the need for fancy software or tools. I make millions of dollars by keeping it straightforward. You don’t need all the high-end gadgets people often chase after. You can make money with just the basics, and honestly, I could use a basic Android phone in the middle of nowhere with reception and still make money trading. It’s all about keeping it simple and not overcomplicating things.
Do you have a favorite book or podcast you’ve gotten a ton of value from and why?
I don’t really read books. The only book I truly read is the Bible. I know a lot of people find value in books on business and entrepreneurship, and I’m not against that, but my mind tends to jump all over the place. I probably have ADHD, so I prefer watching videos and practicing my craft instead of sitting down to read.
One verse that really sticks with me is when God says, the love of money is the root of all evil. A lot of people twist that and say that money itself is evil, but that’s not what the Bible says. God never said that money is bad—He wants us to prosper, to give back, to take care of our families. It only becomes evil when people start loving money more than God Himself. I believe in that 100%, and I think it’s important to clear up that misconception.
What’s a movie or series you recently enjoyed and why?
I don’t watch a lot of TV—I just don’t feel like I have time for it, and it seems unproductive to me. But one show I did take the time to watch is The Chosen. It’s about the life of Jesus and everything that happened during His time on Earth. They’re still working on it, and I think they’re on season five now. I’ve watched all four seasons so far, and the fifth one is coming out this year. It’s pretty much the only show I’ve watched in the last few years, and I really enjoyed it.
Key learnings
Here are five key lessons from the interview with Anthony Alvarenga:
- Consistency Leads to Success – Alvarenga emphasizes the importance of maintaining a routine, analyzing the market the same way daily, and sticking to proven strategies. This disciplined approach has been crucial to his trading success.
- Invest in a Strong Team – He believes that scaling a business requires delegation. By hiring experts to handle areas outside his expertise, he frees up time for high-impact decisions, leading to greater financial growth.
- Simplicity is Key – Alvarenga avoids overcomplicating trading and business operations. He relies on basic tools like a regular computer and the Notes app, proving that success doesn’t require expensive software or complex systems.
- Smart Financial Decisions Matter – While he advocates enjoying wealth, he also stresses the importance of financial independence before starting a business. He warns against underestimating expenses and encourages building a solid financial foundation first.
- Faith and Perseverance Are Essential – Alvarenga credits his resilience to faith in God and a strong mindset. He acknowledges that setbacks happen but believes trusting the process and pushing forward are crucial to overcoming challenges.