There is a young lady, in my hometown, who made her first million by the Tim she was 18. She did got the money by baby sitting and other odd jobs, this level of financial wherewithal does exist. However, this young man soul either have to be extremely lucky, or have access to a lot of gas to play with.
I suspect that he’s not doing this on his own.
I do know of a lady who by just reading Investors Business Daily was able make some pretty good money. So much so, that the SEC knocked on her door two different times. And could find nothing on her.