Trading straight out of High School

MIT's average ACT score is 34, so I do not think that his 31 is out of line for your average white guy. Plus, he did tell me that he plans on taking it again.
 
Quote from bone:

MIT's average ACT score is 34, so I do not think that his 31 is out of line for your average white guy. Plus, he did tell me that he plans on taking it again.
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Only 10% of admits to MIT have a score of 31 or less. He'd be a bit above average at Urbana, depending on his grades. Really not the point. What kid saves $25k as a HS student? And of those few; who spends $7.5k on mentoring? I'd be far less concerned about his math skills than his mental state. Who takes 30% of their stake for mentoring?

And since when has anyone, when asked such a question, not exaggerated their score? Will you cover that XLE spread chart in class?
 
Quote from drownpruf:

Only 5% of admits to MIT have a score of 31 or less. Really not the point. What kid saves $25k as a HS student? And of those few; who spends $7.5k on mentoring?
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I saved enough in HS to buy a car and pay for my first two years of college that wasn't covered by scholarship. I stocked groceries and had a paper route. I don't think that HS students saving is anything terribly unusual. My own two teenaged daughters have saved quite a bit of money.

I politely declined taking him on as a client, BTW. I only take on experienced traders as clients. Not sure why you think that I would do such a thing.
 
Quote from bone:

I saved enough in HS to buy a car and pay for my first two years of college that wasn't covered by scholarship. I stocked groceries and had a paper route. I don't think that HS students saving is anything terribly unusual. My own two teenaged daughters have saved quite a bit of money.

I politely declined taking him on as a client, BTW. I only take on experienced traders as clients. Not sure why you think that I would do such a thing.
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How many here had a 31 ACT? Campus recruiters hire undergrads to put in D1 "babysitting" gigs all the time. The 25k is a monumental accomplishment and he's obviously extremely tight and likely risk-averse.
 
Quote from drownpruf:

How many here had a 31 ACT? Campus recruiters hire undergrads to put in D1 "babysitting" gigs all the time. The 25k is a monumental accomplishment and he's obviously extremely tight and likely risk-averse.
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25K is fantasy world. I'm 28 so I remember high school pretty clearly still. You can't even work in my state until you are 16 and more than likely it's going to be min wage. Could you even do that in 2 years on min wage working 40 hours a week? No. If he got a 31 I'm assuming he was attending high school and not working full time.

Also, don't go ripping on UIUC that's my alma mater. We may not be Ivy League but we got plenty of chicks and parties which was all I cared about.
 
Quote from actionzip54:

25K is fantasy world. I'm 28 so I remember high school pretty clearly still. You can't even work in my state until you are 16 and more than likely it's going to be min wage. Could you even do that in 2 years on min wage working 40 hours a week? No. If he got a 31 I'm assuming he was attending high school and not working full time.

Also, don't go ripping on UIUC that's my alma mater. We may not be Ivy League but we got plenty of chicks and parties which was all I cared about.
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Yeah, the $25k is fantasy. Likely not truthful about the ACT, as much as it matters.

Urbana is a excellent, excellent school. So many depts are top-tier; obviously compsci and many others. Birth of the search engine.
 
Quote from drownpruf:

Yeah, the $25k is fantasy. Likely not truthful about the ACT, as much as it matters.
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One thing that I've noticed in your posts is that you have quite the propensity for throwing out judgmental statements as fact. You like to say nasty things about other people you know nothing about. Honestly, you're way way way bitchier than most chicks I've met. Troll somewhere else. You claimed to have checked out by your second post. Enough of your narcissistic toxicity already.

Lots of HS aged kids have grandparents ( sometimes even parents )that pass and leave them with something. What if the kid's Jewish and had a decent Bat Mitzvah ? What if his Father is self-employed and pays his kid a salary in lieu of an allowance so he can deduct it ? What if the kid is Mafia and there were lots of fat envelopes for his Catholic First Communion and his Confirmation ceremonies ? What if he turned his closet into a righteous grow house ?
 
Quote from bone:

One thing that I've noticed in your posts is that you have quite the propensity for throwing out judgmental statements as fact. You like to say nasty things about other people you know nothing about. Honestly, you're way way way bitchier than most chicks I've met. Troll somewhere else. You claimed to have checked out by your second post.

Lots of HS aged kids have grandparents ( sometimes even parents )that pass and leave them with something. What if the kid's Jewish and had a decent Bat Mitzvah ? What if his Father is self-employed and pays his kid a salary in lieu of an allowance so he can deduct it ? What if the kid is Mafia and there were lots of fat envelopes for his Catholic First Communion and his Confirmation ceremonies ? What if he turned his closet into a righteous grow house ?
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Well, the Bat Mitzvah would make him a her.

The day you turn down $7.5k is the day the dead rise from the grave. You went after El Cubano alluding that he was a loser for trading D1, only to produce that hilarious XLE/ES chart that proved that you were the punch line.

And an inheritance is not "saving" $25k.
 
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