Is feeding 1500 calorie fare good all for me?

I weight 218 pounds and I'm a touch overweight. I'm 19 years gray and I'm planning to lose weight. I just rode my bike all for 16 miles today and I just did 3 sets of dumbbell fly of 15 reps. I do cadio every day ( except for weekends) and I just wanted to know is a 1500 calorie fare good for

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