Irrationally mad decision making to obtain the American Dream.

How to become a billionaire in 20 months by trading options, the power of compounding your profits.

UPDATE – Revised my rules, click here to goto new updated blog on this challenge!
HOW TO BECOME A BILLIONAIRE IN 20 MONTHS BY TRADING STOCK OPTIONS:

FIRST THE RULES: 

RULE #1 – YOUR MONTHLY CASH HAS TO EARN 100% COMPOUNDED FOR 20 MONTHS
RULE #2 – YOUR STOCK OPTION PRICE EQUAL OR LESS THAN $2  BUT NOT LESS THAN $.50
RULE #3 – YOUR STOCK PRICE HAS TO BE VOLATILE ENOUGH TO MOVE $2-3 IN 1 DAY.
RULE #4 – YOU CAN ONLY DO 1 TRADE A MONTH FOR THE 20 MONTHS AND YOUR 1 TRADE HAS TO MAKE 100% (TOTAL OF 20 TRADES).
RULE #5 – YOU CAN NOT ADD MONEY TO YOUR BEGINNING CASH BALANCE YOU ARE TRADING TO EARN 100% ON.
RULE #6 – YOU CAN NOT BE IN AN OPTION TRADE MORE THAN 4 BUSINESS TRADING DAYS.
RULE #7 – IF YOU ARE WRONG AND YOUR OPTION TRADE TURNS NEGATIVE AND WITHIN THE 4 DAYS YOU ARE INCORRECT ABOUT WHICH    DIRECTION THE TRADE WENT THEN YOU HAVE TO START BACK AT MONTH 1 AGAIN.
RULE #8 – YOU CAN TRADE CALL OR PUT OPTIONS AS LONG AS 100% IS MADE.
RULE #9 – EXTRACT MONEY TO PAY TAXES AFTER MONTH 10.
RULE #10 - IF YOU MAKE IT TO MONTH 20 YOU ARE AN EXTRAORDINARY PERSON WITH SUPERIOR DISCIPLINE AND TALENT.  I MIGHT ALSO INCLUDE YOU ARE 100% CRAZY.

IF YOU HAVE BETTER RULES PLEASE COMMENT THEM IN BELOW AND LET ME KNOW IF YOU ARE UP FOR THE CHALLENGE OR ONE SIMULAR.

I’M STARTING DEC 2006, LETS SEE HOW FAR I PERSONALLY GET!

DEC 06 MONTH 1: $3,000
JAN 07 MONTH 2:  $6,000
FEB 07 MONTH 3: $12,000
MAR 07 MONTH 4: $24,000
—————————–> made it to $44,000 by Feb 2007 starting with $1000
APR 07 MONTH 5: $48,000
MAY 07 MONTH 6: $96,000
JUN 07 MONTH 7: $192,000
JUL 07 MONTH 8: $384,000
AUG 07 MONTH 9: $768,000
SEP 07 MONTH 10: $1,536,000
OCT 07 MONTH 11: $3,072,000
NOV 07 MONTH 12: $6,144,000
DEC 07 MONTH 13: $12,288,000
JAN 08 MONTH 14: $24,576,000
FEB 08 MONTH 15: $49,152,000
MAR 08 MONTH 16: $98,304,000
APR 08 MONTH 17: $196,608,000
MAY 08 MONTH 18: $393,216,000
JUN 08 MONTH 19: $786,432,000
JUL 08 MONTH 20: $1,572,864,000

CONTINUE FOR 11 MORE MONTHS TO BECOME A TRILLIONAIRE

DO YOU HAVE WHAT IT TAKES?  DO YOU LIKE THE CHALLENGE?

Here are some positive articles on becoming a millionaire and then billionaire:

http://financeninja.wordpress.com/2007/01/14/how-to-become-a-millionaire-in-10-months-updated/

http://www.themoneytimes.com/articles/20070721/how_to_become_a_billionaire-id-106849.html

http://www.fool.com/investing/small-cap/2007/07/21/how-to-become-a-billionaire.aspx

http://www.businesslyceum.com/BAM.html?id=SarahSilva

http://ezinearticles.com/?The-Easiest-Way-To-Become-a-Billionaire&id=82914

http://search.yahoo.com/search?p=how+to+become+a+billionaire&fr=yfp-t-501&toggle=1&cop=mss&ei=UTF-8

About these ads

143 responses

  1. LOL – you are really stacking the deck against getting to any of the goals. I am sure there are people out there who managed to go from a few thousand to a million in that time frame. But they probably would do a lot of trades per month. Options isn’t a strategy that would make a billionaire though as soon enough your trades are too big for the options market in any individual stock. Even doing a trade for hundreds of millions in index futures is tough.

    November 27, 2006 at 5:40 pm

  2. True. But it is interesting to think about. Yes, also true trading millions in options you’d really move the option and stock. It’s a challenge to see how far you can get I didn’t say I’d accomplish it, but if you were an expert trader that 100% of your trades worked then you might be up to it.

    Like listed on my site my first goal is $100k. Getting to 1 million would be awesome, getting to 1 billion would make me a lion of the stock market. -fn

    November 27, 2006 at 8:27 pm

    • Intrigued by the game

      Why don’t you leverage your expertise by way of offereing investors a chance to participate. I’d risk 1000.00 on someone such as yourself, I’m sure with ten more like me, your share of teh profits would carry you a long way!

      May 19, 2013 at 4:41 pm

    • billionaireproblems

      I am a 7 Year old and would be inheriting about $127 billion from my father. I know it is not a lot of money but could you please help me in investing it in Options. Your strategy seems to be foolproof and maybe I can increase my wealth just a little bit.

      December 28, 2013 at 9:50 pm

      • lucky you, you seven year old dork.

        August 17, 2014 at 12:04 am

  3. Jordan

    Have you reached your Month 1 or Month 2 goal yet?

    January 14, 2007 at 3:17 am

  4. Hi Jordan and thank you for your comment. To respond for my ending month of Nov 06 I made a 200% gains on 4 trades, then loss 100%, giving me a 100% profit keep. For Dec 07 I did not buy or sell any trades so 0%. Jan 07 so far I’ve made 83% for the month. Total 183% in 3 months.

    As for my billion dollar quest in 20 months I’m going to revise the rules and goals. I still want to make it to a billion dollar account, but my first goal as stated on my site is to make it to $100k. I’m currently at $28.8k for networth. I feel I can do it if I just stay on track and only trade 1 trade a month and really put all my learning into that 1 trade a month. Returns should be higher than 100%, but I am starting to take smaller profits to stop myself from sudden death.

    I’m updating this page and reposting it with a new link (at the top) and on this comment. - Or click here to goto new blog.

    Again thanks and hope you are successful in your missions too. -FN

    January 14, 2007 at 11:32 am

    • Artie

      I’ve never heard of odds that demonstrate 20 wins in a row. It’s impossible. You can search the internet and find out all about odds.

      May 4, 2012 at 6:54 pm

      • It’s not impossible. You are just a loser and it shows in your comments. Just eat your own negativity and enjoy it.

        July 1, 2012 at 2:53 am

  5. Akmalkhon

    Hi, I don’t really think that the person could get that rich and why don’t you do it, if possible. Thanks, plese send me back aan answer.

    April 27, 2007 at 1:40 am

  6. Akmalkhon

    I don’t know the stocks and I would like to at least make a million ind a year if possible, but I don’t know stocks and I need help!!!

    April 27, 2007 at 1:46 am

    • Artie

      No one does

      May 4, 2012 at 6:55 pm

  7. so you want to make a million in a year but don’t know anything about stocks.
    well buddy. don’t expect to make anything not knowing anything about stocks.
    just listen to yourself. i don’t think most or all people are willing to do what it takes to make a million dollar a year in the stock market.

    May 2, 2007 at 12:06 am

  8. yes. this has been done. many of times with many different people that know what they are doing and how to trade well. its not up to me its up to you! you need to start somewhere.

    May 2, 2007 at 12:08 am

  9. natalie mottaghi

    hi
    can you teach me how?

    July 16, 2007 at 8:45 am

  10. natalie,

    All the steps are on this page. If you can master call and put options you can do it.

    July 24, 2007 at 8:23 am

    • akhil

      u are a fucking idiot

      August 20, 2013 at 3:33 pm

      • thank you.

        August 17, 2014 at 12:04 am

  11. mario

    hey
    finance ninja

    you seem to know alot
    im a fifteen year old with
    big dreams

    how can i make billions when i havent even finished high school.?

    February 18, 2008 at 6:40 am

    • Wayne Dever

      The answer mario is do you have what it takes to not just have billions but trillions.and i see you have big dreams.and im sure you have a few ideas and inventions.my advice and its free you can copywright it and patent it but the first rule is tell no one until its copywrighted and patented so no one can take it from you.then contact these two brothers that came up with a billion dollar idea and are trillionaires who enjoy helping people and youll become partners and they do everything .get their book or you can check them out online.at ( jeff and rich sloan.com ).then set up an appointment and your on your way.and i know youll make it and heres what you have to remember.never loose sight of your dreams and goals and when you get up every morning look in the mirror and say these words everyday (.im going to have a great life and no one is going to discourage me cause im a succesful trillionaire.) heres my challenge when youre a billionaire soon to be a trillionaire heres what i want for helping you.a picture of us in front of your company and one million dollars so that i can show people that yes your dreams can come true ( .MARIO THE TRILLIONAIRE.) has a nice ring to it dosent it and remember the steps to success ( never give in – never give up – and always keep trying.

      February 11, 2012 at 5:10 am

    • Wayne Dever

      mario always remember the difference between the poor and the rich is this ( the people that are rich did something about their poorness and the poor are always going to wish they had what the rich people have and always remember its what you think that matters not what others think why because people are going to say and think what they want about you no matter what so dont let it bother you.and remember the dislikes to my message to you are the poor ones that will never be rich cause they have no – ambition – desire – drive – vision and dont know how to go about accomplishing it keep in touch with the progress.my email is theadvocatedone@yahoo.com.

      February 11, 2012 at 6:03 am

  12. Hi mario,

    How can you make a billion before getting out of highschool? Being older then you and out of highschool can I ask what problems are you facing now that you need to be a billionaire so early in life?

    I could help you if you are willing to learn, but you must have a super IQ, a lot of money capital, and a LOT of free time to practice trading heavily. Even all this will likely not make you a billionaire. Do you know how many billionaires there are? Not many, being a millionaire first is more realistic (even at 15) if you have the will and motivation to be one.

    Since you aren’t even 18 (the standard legal age) your parents would have control over you trading account (which can be a good and bad thing). Hey there isn’t anything wrong with being ambitious. I say go for it, but you better have a plan BETTER than mine currently.

    February 18, 2008 at 7:14 am

    • Thanks for the comment. I fully agree.

      July 27, 2009 at 8:19 pm

  13. Jordan

    Could you help me? I have an iq of 145, and make $250,936 a year. I have been making this much for 1 year. I made this money myself. I made it in an online electronics bussiness. I have plenty of time to practice. I am only 14 and in 8th grade. Could the practicing be done over a webcam. I have plenty of time for that and I can handle any practice. Any help? I don’t need to become a billionaire. I would just like anything over $15 million. My parents would be fine with having the account.

    February 19, 2008 at 3:34 am

    • Tushar

      Can I have your email I’d?

      April 20, 2012 at 8:20 pm

      • No. But you can message me on any other platform you wish.

        April 24, 2012 at 10:48 pm

  14. Hahahah. Jordan nice one!!! Just think what you just wrote and how I can’t even be close to taking you seriously. How am I suppose to help a 14 year that has earned more in 1 year (if true) then I have in my entire life so far. For a person (if true) with a high IQ you sure didn’t take much time to read my About the Blogger page or my current networth.

    And even if you do have a high IQ and superb learning abilities making $15 million in a year of $250k is still unrealistic and extremely hard if you make some big mistakes you’ll go broke.

    If you are what you say you are I’d love to talk to you on the phone and collaborate on some other business to do and give you lessons on trading in return.

    February 19, 2008 at 4:04 am

    • bob

      hey how do u make so much money? what electronics??

      April 22, 2011 at 11:13 pm

  15. Jordan

    I am serious and sorry about the mistake with my IQ. It is only 135, i am still very smart though. I am typing on an Itouch, the keys are very close together. i would like to know your phone number so we could talk. There isn’t any hurry to start. I am a little busy with school and bussiness right now. So i cant start for 3-6 months.

    February 20, 2008 at 11:50 pm

  16. Jordan

    Sorry about the mistake, my iq is only 135. Everything else is true though. I am not in a hurry to start. But give me your phone number and we could do some bussiness. My email is ———–. I am kind of bussy with school, bussiness and other things. I could start in about 2-3 months. I can handle buying, trading and selling stocks. Is there anything that i should study, before i start. Could you send me a copy of your revised rules. I can afford to make a few mistakes, i have about $65000 extra in savings. And i did read your blogger page and current networth. It is 28.8K

    February 23, 2008 at 11:58 pm

  17. Hello Jordan,

    I’m still quite skeptical about you, but none the less here are some great books that will help become an apprentice in trading:
    Professional Candle Stick Trading by Bigelow Market Wizards 1/2 Technical Analysis by Pring High Probability Trading by King Books on Jesse Livermore Books on Warren Buffet value trading

    If you would like a seminar on trading options (one I attended and recommend) is offered now online at http://www.achieverschoicequest.com if you can take the time to actually go to the physical classes they are much better (longer too). If you do take it please refer my name Paul Meyer I’d appreciate it for sharing it with you. It is not advertised.

    These classes at first glance might seems a bit too simple and almost 5th grader-ish (well you are in the 8th grade) can I ask why you are even in school if you are smarter then college students? Can’t you just take your GED and go straight to college? Anyway they are VERY powerful wisdom classes. If you want to gain true wisdom and knowledge of obtaining more wealth as you want to then take these online classes and buy the CDs. I’ve got to hangout with him personally after classes late mornings at Denny’s. He has been through a lot like me and worked his way up through research so he knows his stuff.

    His online classes are intense so you would need 4-5 FULL days to consume them because they have a time limit on them just as the actual physical classes did. For example each class I went to was every other Friday I had to drive 6 hours to get to it then it lasted 6pm to 1am then I had to drive all the way back home and do this 4 more times (total of 12). This is how dedicated I am to my education in the stock market. If you are also you’ll take the time to complete these online classes.

    You can buy all those books on amazon.com (get them all used w/cds if offered) and it should cost you less than $200. At your age besides your high IQ for learning you should be able to consume it really quick. At your age I was fixing and repairing surfboards to sell to tourists for a small business! Though if I had your IQ I’d not still be in school I’d go straight to college and be a Doogi Howser (look him up – TV – 15 year old doctor – fiction)

    February 24, 2008 at 6:04 am

  18. Jordan

    Thanks for the book and seminar recomendations. I could take my GED if I really applied myself at school, but sadly I don’t. I don’t feel challenged so i don’t turn in all of my work. I wouldn’t really want to miss out on high school anyways. What good would a GED do me anyways I can’t even drive for 2 more years. Although I would be the youngest person in my family to get a GED anyways. I Could get mine before my 19 year old cousin gets hers. I used to run a lawnmowing bussiness when i was 13. I used money from that to start a web design bussiness. Then i invested that money in my electronics bussiness. Now i am ready to take the next step on my path to becoming a billionaire.

    February 28, 2008 at 3:45 am

  19. gabe

    Realistically, I have inheritted over $100m and want to know how to turn this into billions in a fairly short amount of time (2-4yrs). I have read your previous post and want to know of any brokers you recommend that I can try your “how to become a billionaire in 20 months” strategy out with using a much large starting capital? of course information is not free and I am paying.

    March 9, 2008 at 1:26 am

  20. gabe

    I would also like to collaborate with you as you offered Jordan. As I do have financial backing.

    March 9, 2008 at 1:28 am

  21. koppisetty nanaji

    hie i saw yr advertisement i want become a trillioner dat is my dream also.wll please send details.

    March 11, 2008 at 9:36 am

  22. First learn how to spell.

    Jordan – Work with a person how can invest all your money securer through such investments like tax liens and retire now, don’t dumb and young and risk it on options not having experience first.

    March 14, 2008 at 8:57 am

  23. Kulwinder

    What is the best stock or best type of stocks to buy now? the reason i want buy is b/c people are suffering and selling their stocks really cheap, So again which stocks should i get?

    March 17, 2008 at 12:37 am

  24. as much as the dispise the man because he has brainwashed my mom. crammer makes some good points especially now that there has been created a “tunnel” sandwhich like two candles showing upward movement is about to happen. buy a company that sells wanted great products. apple, fslr, goog, bidu, wfc, nue, x, rimm these are stocks that I watch and trade and have proved to be outstanding companies. the two most beaten up are apple and google by far.

    March 19, 2008 at 5:15 am

  25. henry

    how do i become a billionaire and how do i begin it because am in some bad and terrible financial debt that i cant even think anymore so if there is anyway you can help me please do. thanks for your concern and may the good God bless u and give u long life

    March 30, 2008 at 9:31 pm

  26. I LIKE YOUR POST AND ALL OF YOUR COMMENTS.BUT TO BECOME A SOON TO BE TRILLIONAIRE LIKE MY SELF TAKES TIME,AMBITION,PERSISTENCE,DEDICATION,FAITH,HOPE,& A DREAM.THATS THE KEY.IVE USED ALL SORTS OF WAYS TO BECOME EXTREMLY WEALTHY.IM AN INVESTOR OF GOLD MINE COPPER MINES SALT MINES IRON ORE MINES.REAL ESTATE COMMERCIAL AND RESIDENTIAL,&INDUSTRIAL.AND ITS LIKE YOU SAID FIANANCE NINJA YOU HAVE TO LEARN ABOUT WHAT YOU ARE DOING.TO GET THE RESULTS YOU ARE LOOKING FOR.FIRST I PUT GOD THEN ALL ELSE SHALL FALL INTO PLACE THAT TAKES FAITH AND EXPERIENCE.

    March 31, 2008 at 12:09 pm

  27. King Mike. I agree with you totally. I made this page 2 years ago and still its the #1 searched page instead of learning how to make just a beginning amount of money. read the rest of my blog. this post is old.

    henry – email king mike. I can’t help you out I’m not a billionaire. pay off your debt, don’t go through bankrupty. work a third job.

    March 31, 2008 at 6:40 pm

  28. Me & a few of my business partners are thinking about.
    teaching people how to get rich.The way we did.It goes back to the old saying.Give a man a fish he eats for a day.
    Teach a man to fish he eats for the rest of his life.
    So instead of giving people money.We will teach them how
    to get rich.Now im not saying yourgoing to get rich in a year
    but if you are serious & dedicated.You could start to see wealth within 2 years where you could quit your job.And no it’s not going to be one of those seminars where you would
    need to purchase something or buy something it’s all going to be free.We all have to find time to do it.

    April 7, 2008 at 10:38 am

  29. girlie

    HI,
    this sounds very interesting. But I am not brave enough do try it on my own, without anybody helping me getting everything right.
    So here is my request, could you take me by the hand and help me step by step? I want to be a billionaire, not a mere millionaire.
    Thanks for your time

    May 23, 2008 at 4:59 pm

    • SWdestroyer

      Ummm, If you are not brave enough to trek out there on your own and learn how to do things, then i am afraid you are NOT cut out to be billionaire status. Billionaires are brave and will do anything it takes to live the life they want, Just a little tip, :)

      May 12, 2009 at 6:04 pm

      • Live it up? I think you need to take a general class in reading comprehension again because it seems you can’t comprehend I’m living it up to infinity.

        May 13, 2009 at 12:32 am

  30. read introductions to options. read many financial books. and plan well.

    May 24, 2008 at 7:22 am

  31. sheaosaurus

    So, seeing that time is almost up for you sir, how much money have you made so far in our down economy? I have a quick question as well, I am 17, and want to be a millionaire in one year. Knowing that I can’t do anything untill I’m 18, I took 4 jobs and started doing those paid online surveys. However, in order to meet this goal, I need to make about $20,000 to $60,000 dollars a week. Does this sound releastic to you? I thought I could use Ebay and powersell, do online surveys for upto $5,000 a day and even resell cars. For instance, there is a $9,500 Range Rover that Carmax would have to buy (accordingto company policy) for about $40,000, thus I make a $30,000 profit. Is this goal realistic? Thanky you.

    June 4, 2008 at 1:24 am

    • I want to know how

      August 4, 2011 at 11:51 am

      • me too! paper trade. you’ll learn.

        August 24, 2011 at 5:06 pm

  32. yes. very unrealistic. UNLESS you can sell cars at 17 and sell 1 car a week. Are you extremely attractive? It helps selling things. I’m off of trading. For some weird reason everyone things I’m a billionaire. I am not. I just came up with this dubious plan and got to around month 5. I’m still working at my trading skills and need to finish my military so I can really get at it again. good luck.

    June 4, 2008 at 8:10 am

  33. sheaosaurus

    Oh, I se what you mean. Start now, then when I turn 18 I can capitalize on the money I have made. Attractive? I would not say very, but I’m not the ugliest crayon in the box I thought it was unrealistic, but I heard a quote that says “people are always making rules for themselves, and they are always finding loopholes to go around them.” I think if I stick to this philosophy, I can really make it in the finicail world. I hope. But about the stock trading, how would you go about doing that? Would I need a broker that I can control and teach myself not to take their advice and follow your plan? Or, would I need an online trading account to make this happen. If you can get to five months, I can do it. But I need to know how. The military huh? Which brach are you in?

    June 4, 2008 at 4:23 pm

  34. sheaosaurus. are your parents millionaires right now? do you have access to mad sums of capital? are you already an expert trader? if you can’t answer one YES then consider joining the military and saving and working your way from there. if you can answer yes then why are you asking me for advice?

    June 5, 2008 at 6:30 am

  35. Pingback: to the one-a-be billionaire duschebags (if that’s how you spell it) « 2008 #1 goal = Trade Selectively - Conserve ALL Profits

  36. sheaosaurus

    I can anwser yes to two of those questions. And the reason why I’m asking you is because teens don not usually listen to their parents advice untill later in life, and I want to make my own money.

    June 5, 2008 at 3:37 pm

  37. well it sounds like you are too much of a rebel to take advice, since you definitely are not asking the most important mentors which are you parents (already wealthy and successful).

    take advice from them, not some 27 year old bachelor who lives on a rinky dinky old sailboat.

    talk to a wealth management company. they’ll work with YOU because you are already from a rich family, lucky they won’t be prejudice of you because you actually have money to blow, your parents money.

    June 6, 2008 at 10:03 am

  38. sheaosaurus

    Well, I talked to my parents finicial adviser and presented him eith your plan. He said I’d have a better chance at makoing a billion dollars investing in Enron two years ago. (He obviously has a ‘sense of humor’). But I’m going to try out your plan whead have a better chance at making a billion investing in Enron two years ago (he obviously has a ‘sense of humor’). But it does not matter, when I turn 18, I’m going to try out your plan. Quick question though, would you suggest trading options online, or getting a portfolio team and use them. And I would start of trading penny stocks right? Thank you!

    June 10, 2008 at 4:20 pm

  39. bravo to you for talking to an expert, but i’d agree with what he says with seriousness. i don’t think you get it. this is my personal plan i did 2 years a go, didn’t work out, and you took it to your billionaire financial advisor? portfolio team???!!! are YOU FUCKING RETARDED??

    June 10, 2008 at 5:06 pm

  40. sheaosaurus

    No, not retarted. I just enjoy trying new things to see if they work for me. I doubt it will, but there’s no sense in putting someone else’s idea to waste. That way so I can say, ‘I tried that’. And I’m a stubborn person anyway.

    June 11, 2008 at 2:19 am

  41. Rohiet

    what u r saying is quite improbable and personally i didnt toatally get it , but this is a world in which anything can happen so can u be a little more descriptive

    June 28, 2008 at 8:33 am

  42. moe

    Hello finance ninja

    i would like to know how to get into trading and what programs or software do i need to get to keep my eyes on the shares and do you have a tip for me as a beginner ..i do have some knowledge about shares but woul like to expand my horizones.

    thanks
    moe

    June 28, 2008 at 7:53 pm

  43. moe.

    if you want to learn. go to the library and read books on the subject.

    July 3, 2008 at 12:59 pm

  44. Garrett

    Hey ninja. How much money would u have to invest to get this whole gig started?

    July 10, 2008 at 5:08 am

  45. kING MIKE

    HEY FINANCE NINJA IT’S BEEN A while since ive been on your page and I have one word to say realestate its a great time to make tons of money especially in multi-family units 5+ alot of people are losing their homes and need some where to stay ive been buying a lot of them lately and just as soon as i can buy them they fill right up

    September 7, 2008 at 5:23 am

  46. sami

    still in my first million but will make my billions.

    October 26, 2008 at 5:14 pm

  47. critic

    the cash inflow diagram is incorrect and is also impossible to accomplish, really what finance ninja is saying is that you can find a gold mine blind folded with out even digging,further more if this was really possible then why aint finance ninja a billionare??

    October 27, 2008 at 1:24 pm

  48. good question. i never claimed to be a billionaire or that it worked. YOU searched for it. haha

    November 5, 2008 at 10:06 am

  49. Isa

    OMG. This is the most ridiculous blog I have ever read in my life. Not because of the subject or because of the Finance Ninja. It’s because half of you sit here and just like everyone else in this world, you think that making billions can be that simple when you do a Google look up on, “How to become a Billionaire.”

    If you cannot even take the time to scan through the blog to pick up a couple details of what has already been said, you can use other peoples questions to answer your own, therefore you’ll learn to ask the right questions. Not the most basic, fundamental questions possible.

    I’ve read this about 3 or 4 times already. The Finance Ninja just threw this idea out to see if it would work for him while he is out at sea. While he is fighting one of the most destructive wars since WW2, you all think that you can get away with making millions at the least just by word of mouth on others peoples advice?

    I cannot tell you so many times in such big emphasis like The Finance Ninja has brought up! READ!!! READ!!! READ!!! Read on companies. Read where the market was. Where it is going. What could be beneficial to our market in this stage that the world is in.

    Quit acting retarded and use your head. If you WANT to be a billionaire in the stock market, you have to read hundreds of pages a day without realizing you even did it. Reading must become a second nature to you.

    Consider taking political science courses in a community college or in a university. First off, I started to get involved with politics. That greatly increased my confidence in several different aspect in this world and in this global market as well. Don’t think that politics is just for government purposes though. Politics can regards anything, from sports to health and science, to history, to navigation, mathematics…..stocks….economics….anything.

    It’s the art of questioning and getting back answers but questioning in a specific way. Like science and chemistry, you have to sit there and have a hypothesis, do your analysis, and come to a conclusion. That’s what politics is basically entitled for and as I said, can be used for anything your heart desires.

    It is a huge confidence booster because it encourages you to think about things in a different perspective. Which is what I do now. I can talk to anybody with confidence. Because with confidence, I ask questions about EVERYTHING from my girlfriend, to the mechanic, my work, school, parents, police officers—believe it or not, you’ll eventually learn to get out of tickets just because you won’t sit there like a mute when a cop pulls you over, and officers tend to not mess with people who seem socially educated. They could loose a case in court and completely waste their time pulling you over cause you are not another stupid person he pulled over again that day.

    You’ll learn to question companies that could have great potential one month when you completely think their on a rise to skies limits, when they actually end up coming down two weeks later. Based off of everything in this world, economics, wars, social problems, health, so many different other things, these all play such a huge role in stock market industry. YOU HAVE TO LEARN TO LIKE THE NEWS! YOU HAVE TO READ 100 PAGES A DAY ABOUT COMPANIES AND GLOBAL ISSUE whether their for the good or for the bad, and you MUST do it without noticing.

    You must learn to question. But question logically. NOT the same dumb questions I’ve read over and over and over again on this blog.

    Think about it. What ever you do, you can think to the point where you question everything. The one who questions the most, may look like an idiot, but you receive the information you need. You in this case need to learn how to be able to talk to everyone logically once again. This is exactly what you need to do that.

    The big dogs make it in this world because they use their heads. Any BIG stock broker or HUGE billionaire didn’t become a billionaire just based off of their parents cash but their own personal developement in themselves. Start reading books. And read some Robert Kiyosaki books. Rich Dad/Poor Dad. You’ll learn that Rich Dad made Robert want to learn and to learn effectively before he showed him any of the ropes to learning the market and market trends.

    I could go on forever. Life is like an ocean. You’ve got to drown in it to feel its intensity.

    Also, those who tell others how to do things that they are afraid to do themselves, are fucking fools.

    Live by those two laws, you’ll work wonders in your life. Take my advice responsibly though. I am not to be held reliable for messed up relationships in your life due to those quotes. How ever, those two quotes could have several different meanings behind them for SEVERAL different perspectives to create your own world. Take it responsibly. We have too many fools in this world.

    Good luck and God bless.

    March 8, 2009 at 1:07 pm

    • Artie

      For such a smart guy, what’s with the “loose” a case in court? It’s lose, dummy! Not loose. (Don’t say you made a typo because you meant to spell it that way.)

      May 4, 2012 at 7:10 pm

      • Correcting my grammar! thanks!

        July 1, 2012 at 2:52 am

  50. Pingback: passionate comment from a visitor at my blog « How to trade stock options, trading put and calls, young investment strategist

  51. Jon

    I’m a professional derivatives trader specializing in index options. I work for $5B+ hedge fund, and have to say that this is this most ridiculous article I have ever seen. This link has been sent around my desk multiple times. Get real, I don’t even know where to begin. I hope for everyone’s sake this is a joke.

    May 7, 2009 at 5:23 am

    • Dear Professional derivatives trader specializing in index options,

      For a person who can earn $100,000’s in a single week I’m surprised your so pessimistic about such a ridiculous trading plan. Ok, I admit the rules might be fucked up, but in general trading your entire account (a separate account) earning 100% on it 18 months in a row starting with $2k does earn one billion. It’s simple math. I’ve gotten to month 5. That says something. You surprise me that you can not even leave back real contact details, but instead leave fake ones. Now that’s ridiculous since you commenting on my page backing that my big idea in ridiculous. I’m sorry if you’ve just lost your clients money instead of making them money hand over fist. Is making a billion compounding your money 100% a month HARD????? Hells yeah. That part is ridiculous, but not the math. The math is real, making it in the stock market is real, I’m real, my account is real.

      Now everyone get back to your research and paper trading, develop your skills, and make that billion. Don’t listen to this “professional trader”. Go with caution, yes, but don’t stop your goals because of fools.

      May 7, 2009 at 5:43 am

    • Artie

      Amen!!!!!!!!!!!!!!!!!!!!!!

      May 4, 2012 at 7:11 pm

  52. If you are reading these comments then YOU are at my UNREVISED How to become a billionaire in 20 months page. Please go to the updated page. Remember, this is a blog not a permanent idea, it’s ongoing and revised.

    Click here http://financeninja.wordpress.com/2007/01/14/how-to-become-a-millionaire-in-10-months-updated/

    May 7, 2009 at 6:05 am

  53. FP

    This page seems quite ridiculous. And every one is so serious too…. especially these young kids!!! How can you become a billionaire in 2-4 years is not a question for an options trader…. look at a list of current billionaires – those are the ppl you should ask and it doesn’t take 2-4 years.

    If he can answer you shouln’t we all know and then all become billionaires? Then we can all be rich and buy Africa to develop its natural resources for more profit!!! Then we could purchase the moon and mars from the aliens and sell covered call options on it for the rest of our lives and generate income for us and out descendants.

    Hopefully we will find oil on the moon and mars as well so that we can diversify our venture somewhat …. but we will need a big, big insurance company to buy insurance from. They will have to cover alien invasions as well as meteorite damage, plus other natural disasters. This will be quite difficult because such events would be expensive and I do not think that the AIG has the risk apetite that it once had. We would probably have to form our own insurance company just to insure ourselves!!!

    Whew!!! We have a lot of work to do and should probably get started immediately.

    Yes it can be done…. and everything I wrote was real as well. Good luck young student with the 135 IQ !!1 You can do it!!! And guy with the 100 million, you already have a head start so give the money to the kid and he can make 1 option purchase this month with ALL of it so you will have 200 million next month!!! You are gonna have 1.6billion by the end of 4 months !!!! YAAAYYYYYY!!!!!

    Wow…. I should email the rabbit and tll him I’ve found the proof…Trix really are for kids!!

    November 12, 2009 at 5:42 pm

    • These kids are dumb. I already told them that and nobody is being serious on this post. My methods, crazy, but real appearantly YOU don’t trade options.

      November 12, 2009 at 7:39 pm

  54. gondito

    This is quite a post… I need to keep updated on these comments!

    November 12, 2009 at 5:44 pm

  55. Tdad

    Finance warrior, you are a fucking moron for having these kids think about the math of this strategy.

    November 12, 2009 at 5:46 pm

    • Thank you for the comment. Yes, I’m a moron on a lot of things, but not math and stock options. I really don’t think you should believe many of these posts saying they are 12 and make $200k a month. It’s total bullshit in itself. This blog has over 400 pages of documented trades but nobody especially the kids never seem to read them! I’m just an expert in SEO and do okay at trading so I know how to make my pages rank well so thanks for making them rank better with your vicious comments!

      November 12, 2009 at 7:40 pm

  56. remon

    hi paul meyer..
    im a doctor of medicine from india…im 25 n i want to be millionaire. i hav set realistic goals..i want to be a millionaire by 35 n a billionaire by 50. im willing to learn all there is to be one so it wud be nice if u cud show me the way. i just started reading this blog today n i hav absolutely no idea abt stocks, the market or options…

    December 13, 2009 at 7:50 am

    • Artie

      Sounds like u don’t know anything about doctoring, either. LOL

      May 4, 2012 at 7:15 pm

      • Yep i don’t claim anywhere on this site about being a doctor. Go back to your mamma.

        July 1, 2012 at 2:51 am

  57. trickinoeople

    this site is fraud !

    January 4, 2010 at 1:46 am

    • really? i seem pretty real to myself. i even have my contact info on my blog. yeah, really a fraud.

      March 12, 2010 at 11:49 pm

  58. I don’t have a lot of money, however, I can spare a couple of thousand dollars. Maybe I should give you the money, and when you get to a billiondollars!! we can split the money down the middle.

    June 12, 2010 at 9:57 pm

    • you make your own billion dollars Dan. i dare you to try my 18 month challenge. hahah

      July 1, 2010 at 3:31 pm

  59. Jonny

    Million $+ in 20 months is feasible trading options; however $1 Billion+ is totally unrealistic. And you think you can trade micro-cap/penny stocks as options trades? Clearly, someone who wrote this article has no real trading experience and is just fantasizing.

    July 13, 2010 at 10:15 pm

    • hey Jonny you can retire but you’ll need years of knowledge created by watching the markets or you can do it with no market smarts for $60 with One24.

      July 20, 2010 at 9:33 pm

    • Artie

      Correct. Most penny stocks sell in increments of only 500 shares. Then if the stock doubles, you can’t sell it. LOL No volume, no sale. LOLOLOL What a bunch of crap this is. I pity anyone who tries this. I have traded options for 37 years and I’m not even a millionaire!

      May 4, 2012 at 7:18 pm

      • Well i purchased penny shares in the 100’s of thousands (the only way you can make a quick big profit / or loss)

        July 1, 2012 at 2:50 am

  60. HERPDERPNEEGURR

    OHAY FINANCE NINJUR. I AM A NEGROLOL N I WUNTS SOM MONEYS. SO I CAN BUY ALL OF DA WATAMELLUNS N CHICKNS N GRAPE DRANKS N DA WORLDLOL

    GIMME YO SECRETS N YO MONEYS N MAKE ME A BALLINONRIARE PLOZ OKAY. OR ILL RAEP U N GIVE U TEH AIDS.

    KAYBAI LOL

    September 26, 2010 at 11:01 pm

    • yo, buy all of them, but sorry not giving out anymore secrets.

      October 4, 2010 at 8:38 pm

  61. kazmi

    i read thiz page several time but im cunfuzed because u never mention the procedure to start if i have sme thousand dollars then how can i start i mean where i send that money and where my comounded intrest comes back please answer me and clearfy my cunfusion.

    October 7, 2010 at 4:19 pm

    • kazmi,

      It doesn’t sound like you know much about stock trading. you should expect to put in some years before understanding any of this reading a lot of books and practice.
      1st – i’m talking about trading stock options (stocks)
      2nd – you need an online brokerage account to trade
      3 – the profits/losses on your stock options are the compounded profits (interest)
      4 – read “Introduction to Options”, “Technical Charts” by Pring, and practice a lot + keep a market diary!

      October 7, 2010 at 4:33 pm

  62. Lisa

    I’m determined and willing to learn. Please teach me.

    December 1, 2010 at 10:10 pm

    • Your best resource is this site http://www.achieverschoicequest.com

      January 3, 2011 at 12:54 pm

  63. Mr.billionaire

    i’m a billionaire

    December 26, 2010 at 2:28 am

    • me too.

      January 3, 2011 at 12:55 pm

  64. Who doesn’t want to learn how to become a billionaire :p I’ll give it a shot ;)

    February 22, 2011 at 9:55 am

  65. Lol well u guys and trading
    All crazy .the best way to make millions and even billions is to invest in Africa … As Africa have 90% of the worlds population of minerals and every day million companies require minerals to build and do things .all materialistic items are made from these minerals .. Want more advice mail me how ever I will help as we all will
    benefit .IV made my 1st 500 000 USD in 3 months ,u can to . Chromebase Add gmail dot com. Is my email
    Thanx

    May 10, 2011 at 8:27 pm

  66. Ymous, Anon

    just wondering, when you say that you made it to around week five, does that mean that that was the point at which you lost it all, or did you just take the money out?

    September 28, 2011 at 1:53 am

    • that’s as high as high $$$ as I made it – then within 4 months i had lost it all with too much ego thinking i was a better trader then i actually was at that time.

      September 28, 2011 at 12:40 pm

  67. Anon

    I have paper traded my own unique system on CFDs for the last 3 months (trading normal shares since i was 16, now 27 and im very passionate about economics in general), 80% accurate at the moment, 10 minute chart. approximately 1-2 trades per day capturing on average 70 index points a day (taking out spreads). I have made sure each trade is as realistic as possible. I have created a server to send me direct email alerts with screenshots to my phone at each trade with ping monitoring to my phone and constant lock up potential surveillance. My system relies on 24hour trading unfortunately so i could end up getting a notification at 4 am when im asleep. Stop loses are set at a reasonable level and i trade both directions of the market. The system has so far successfully sent alerts in a stable manner this week (roughly 7-8 per day and then i analyse) with real time trading getting approximately 50 point on average this week (1 wrong trade (-5 points) out of 5). Next week will be official, the same idea as yours, doubling the amount i trade fortnightly to cover each round of profit (just incase i get wiped out one week) starting with $2 per point at a 25 time margin. I cfd traded earlier to this new system but wasted too much time looking at charts and needed something easier and more realistic for having a life. The only problem is…..if i make too much profit will i be banned like in the casino? and are there any strategies around this? Should i try and hide my trading template so the cfd provider cant see how i do it? The system works similar to the black jack +/- 1,2,3 card counting probability system using 2 indicators together. I dont take notice of the current price at all except for stops. At the moment the system looks amazing, but then again who knows what each week holds…..Ive sacrificed accurately capturing major daily moves for a higher probability. I was sick off work for the 3 months so it finally enabled me to focus every trading day about 12 hours each, back tested originally and only modified slightly at the start of official paper trading. So many sleepy mornings! Cheers.

    November 2, 2011 at 8:41 am

    • Anon,

      sounds like you’ve done the work. no, you can make as much as you want. trading statistically and disciplined like a blackjack trader isn’t illegal but if you are trading similar to me working on compounding each time be EXTRA careful since really only ONE trade can wipe out a huge portion of your profits. i wouldn’t worry about the CFD (whatever that is – the market maker?/broker?) but trading is legit. it isn’t like gambling (however sometimes if you trade recklessly like i have many of times people will tell you it is just gambling). good luck and keep track of where you start and how far you get and ill post it (with just your first name) i’d love to see how far you get. i’d even challenge you but my own challenge recently has pretty much cleaned me out. good luck because really DO need luck even with everything else.

      November 2, 2011 at 1:36 pm

  68. Anon

    Thanks for the fast reply Paul! The reason i ask about being banned is within their disclosure statement which says they can pretty much remove your account without warning or reason….apparently for CFD providers in general when asked the question about customers making considerably large profits they tend to shy away from the question..

    There is also this story back in 2002 (limited info on google about cfd customer bans):

    http://www.financial-spread-betting.com/Chris-Kobewka-60minutetrader.html

    “In the second week he was trading he made over GBP1000 in an hour and after a month he was banned by Finspreads due to his incredible profit performance.”

    You’re right though, getting wiped out is my biggest fear. The way i see it is if i leave a minimum of a 2 week lag time between doubling then if one week is a loss of the equivalent amount i was intending to make, it would technically wipe out those two weeks, and if that occurred i would have to revise my strategy. Consistency and self discipline minus emotions is definitely the key to win this game. Realistically i think ill be too scared to double the amount in less than 3 weeks…even though im confident in the way it works i have too much fear in trading something potentially more than a profit of 100g a week in reality, this will probably be my real limit, but it all depends on how it goes probability wise…..

    Another thing im worried about is the CFD provider going bankrupt, like in the case of MF global holdings. Ive read of cases where people still had 100g in the account and have lost that amount…

    November 4, 2011 at 8:41 am

    • This is a bit strange. Do you mean GBD 1,000 or like 1,000,000 an hour??? Because making $1000 in an hour is nothing in the stock market. I’ve made upwards of biggest gains of $5000 in 30 minutes and $15,000 in a half day. As long as you are paying for your contracts / stock buying fees that is what keeps them in business and to make larger profits you have to pay much more in brokerage fees. I wouldn’t be surprised if this trader was possibly doing something illegal. It isn’t illegal to trade a stock or an option and make a big profit because you were just following the trend/news/charts and the stock goes up or down (call or put).

      Your money in the CFD is your money like a bank account. Yes, it’s all liquid but usually a company goes bankrupt within its own finances and debts. They can’t use your brokerage account holdings to pay their own debt. Some of the comments you are making sound really ridiculous to me and I consider myself to say wild things….

      I just read the article link you posted quickly. Seems like he was just extremely talented at making calculated positions. Personally, I’ve never heard of this brokerage service FinSpreads until you mentioned it. Go with a big name and you won’t be bothered because there are plenty of big fish that do GBD $1,000,000 an hour besides a petty GBD $1000 in 60 minutes.

      I strongly suggest Optionsxpress.com (easy online trades/navigation) or scottrade.com (very excellent customer service).

      November 4, 2011 at 2:38 pm

  69. Mark

    Gond day . How can i become a millionaire in 1 year

    January 13, 2012 at 8:08 pm

    • with a lot of practicing and constant work.

      January 21, 2012 at 1:50 pm

  70. Todd Navarette

    After studying a few of the blog posts on your web site, I truly enjoy your way of blogging. I bookmarked it to my bookmark website list and will be checking back soon.

    January 26, 2012 at 1:34 pm

  71. Anon

    Hi again Paul,

    Yes i am using a market maker. I have to be very careful with stop positions on this platform but Im now satisfied they wont get knocked out. I had a few months break from trading to capture more of the market but Im confident enough with the technique and programs and have officially started trading real time last Wednesday. Will keep you posted on my compounding progress. I initially had issues with an unreliable alert program i was using that would “hang” after a few hours but the developers have since given me an unreleased beta which is working perfect. I have also slightly revised the trading system to reduce alert frequency and capture different market speeds (high volatility during the first FY quarter 2011 followed by low movement November-Feb). Hopefully I survive trading 24h/5 days a week first..

    March 2, 2012 at 12:39 pm

    • Anon,

      So you JUST started to trade real money? well my friend just remember paper trades and real money trades have different emotions attached. Whatever your plan is keep to it and don’t let your feelings get in the way when you are wrong (meaning sell immediately) and when your gut tells you everything is right (meaning buy) follow through. good luck – YOU’LL need it. -paul

      March 2, 2012 at 1:26 pm

  72. Anon

    Well the first half of 2011 I did trade real money, more than i could afford….handle is the appropriate word, and it was an absolute emotional roller coaster. A few panic attacks later (and 2 trips to emergency) and i decided to sit down and work out a proper system. Ive since cut out coffee, that makes adrenaline release and logic terrible. Im pure rules now and nothing else, i like many others learned the hard way. If the rules say no its a definite no.

    When you traded options, roughly how many trades did you place on average per week??

    March 2, 2012 at 1:53 pm

    • Anon,

      I’ve been through plenty of emotional roller coasters. No panic attacks though or trips to the hospital. I was taught to trade no more than 10 times a month. So on average I was in only 1 trade at a time focusing in on it and usually no more than 3 trades a week, but on average usually less than 10 a month. I would be in and out in a good position sometimes – not so good a position. I understood early on it wasn’t about quantity of trades as so many people do it was about quality and length. The more I make the sooner I make it the sooner I get out the more successful a trade it is. I do believe in letting profits run and cutting your losers quicker, however, from my OWN personal trading experiences as soon as I had a big profit AND let the profit run in the long-term I would of made more getting out as soon as I made the big profit. Get me? And I completely agree with up 75-100% in 4-12 market hours and GET OUT WHEN YOU ARE UP!

      March 2, 2012 at 4:03 pm

  73. Anon

    I agree Paul, the chances of anything greater than 50% gain are far less than it occurring or worth aiming for in the short term. With trading the index im placing an average of 1-2 trades per day but my profits arent based on the size of the gain. I personally found however, if I made a trade based on ~high profit my thinking would become emotionally skewed, although if 50% was a defined limit or say 50 points then this would definitely solve that issue, although i personally didnt like this method as market momentum can change significantly each month. i have an indicator that tells me when the run is exhausted and this seems to cuts my profits a little short somewhat on average anyway. I’ll Increase my compounding based on the amount ive made to cancel the next level of compounding or at no earlier than 2 weeks. Most likely i will emotionally struggle at 5g a week (my highest daily profit was 2g early last year and this was definitely an emotional limit, i thought i was super awesome and the next day i thought any trade was correct…..it wasnt). I would probably only compound every 8 weeks from then on to “feel” safe. That would be 40g of profit to play with after that time and IMO would give more emotional freedom to move on. The other side to panicking is the mania, a sense of overconfidence after high profit which definitely skews logical reasoning!

    My cause for panic attacks was due to 1 second trading :) i thought id start at the smallest scale and work to longer time frames from there. I found spreads made the trading pointless at these levels. Id get up at 7am and watch the market for an hour trading $5-20 an point, then during work tea break/lunch afternoon tea, after work 6pm til 1am and about 4-5 cups of coffee over the entire day. As it turns out, caffeine is a great way to instigate adrenaline and panic attacks when combined with 1 second trading. What ended up happening after a few weeks was scary. After 5 minutes of staring at the computer screen my vision would blur and id get a vertigo feeling with very dilated pupils, followed by almost blacking out and 180 BPM! Plus intense headaches. I thought it was a stroke as my cousin passed away at a young age from one. it would only happen once i stared at either a computer monitor or TV screen (or had coffee), my mind associated it with the flight or fight response. This went progressively worse for 2 weeks until i basically couldnt sleep/nightmares etc. I ended up seeing a neurologist as the hospital thought it was temporal lobe epilepsy. The neurologist said i checked up normal and didnt even need any medication, just a break from trading and coffee and some much needed mental relaxation. Literally the next day with his reassurance all symptoms were gone. The benefit from this is I experience minimal emotion when trading now and thanks to a strict set of rules, I dont panic.

    The odd thing about trading is that emotion is the main hurdle to profit. Housing is a great example of emotional investing, when significantly owning any investment type we tend to believe its a great idea even when given sensible numerous arguments against it, and often panic sell when its too late once again when also given sensible arguments against. We also jump into an investment for fear or missing out on gains or buying in at a lower point. All of which make a poor investor, and you can usually tell who they are at the dinner table/bbq discussions. My personal favourite is the argument that property in Australia never decreases in price because “its different”. Instant moron in my mind.

    Warren Buffett must surely have minimal investing fear or sense of over confidence.

    Wish me luck! Ill post back after a month or so.

    March 4, 2012 at 4:19 am

    • Anon,

      You sound oddly intelligent so just stick to your limits and keep cool. My high profit isn’t my limit it is just usually when I’m very correct about the direction within hours-day I’m 100%, however I’ve gotten out many of times when I was only up 5-30% on an option. I wish you very good luck. With the QQQ index at $65 the market seems very optimistic so if you trade both ways there should be a lot of action to come. Actually going into March the markets haven’t really fallen at all and instead continually risen. That surprised me. I wish the housing market was the same! I would suggest which I didn’t do would be to if you make a large profit over 1-2 months like $20-50k buy some property RIGHT NOW. Because even though it’s a slow investment the interest rates are great and you’ll be rich the rest of your life just because your home will have cost you so little that even if you made $2k a month in trading you can retire if you don’t have to live on extravagant means. cheers -p

      March 4, 2012 at 8:13 pm

      • Anon

        Well unfortunately in Australia our property is more like the US back in 2007, im expecting some very large losses over the next couple years here. The bottom of our market will probably be 2015-16 roughly.

        The ASX has had a beautiful trend over the last month, like you said its easy to go both ways with a slight bullish direction. Im very cautious with the ASX atm, some are saying it could rally til september but i personally think it looks like its ready for another major trend down, doesnt really matter either way so long as the pattern stays clear.

        The trading is going ok so far, the first week was a little up and down but overall broke even, had a week interstate for holidays and the last two have been quite solid. Going up to the next level next week, only aiming for $100 profit for the week. Ive made a better system for compounding which is quite less aggressive than planned. Basically if i make my goal amount two weeks in a row then i compound, if i make a moderate amount in one week the amount traded stays the same and if i make a loss for the week then the amount traded
        is halved the following week. Will post back Iin another month.

        March 29, 2012 at 8:15 am

  74. I do not think really that would invest 100s of millions in options alone. For sure you would start investing to more stable equities like stocks, bonds or real estate after you have reached somewhere around 0.5 to 1 mill at the very latest. To me these numbers are just theoretical, it is easy to make 100%,200% even 800% per trade on 1000$ investment, Have done this many times. It is a bit different with millions. Not to mention trillions :) And maintaining constant high returns is highly unlikely. there will be set backs, losses. Personally I think it is very possible to reach 100,000 with these calculations in trading options, even then you should start to secure your money. One more thing most of the platforms would only allow you to do transactions for 100 contracts at the time,( so if you talking about 100s of millions(that’s 100a of thousands contracts), you would simply get tired of pressing the buttons :)). To those who read this article, I would suggest to think realistically, and not to trust some excel calculations as if in ideal world. The concept is good, I agree. The numbers are far from truth.

    April 28, 2012 at 9:33 pm

    • Darijus,

      It is no different. The only difference is buying a higher volume stock where bigger blocks contracts aren’t seen as noticeably due to institutions buying at the same time. I don’t think it’s impossible. Its been done. The idea is crazy. I’m sure it’s been done. It is only reflecting 1-2 trades a month.

      April 29, 2012 at 11:55 am

  75. to me it would seem crazy to risk all the money, lets say 1 mill. in trading options. as it can easy go wrong an even any form of the stop loss could not help. its is one to lose 60% of 1000$, and lose 60% of 1 mill. in theory i believe it could be done, but is this risk worth it? would it not be better to lock the profits earlier ( say 100,000$), buy quality stock, keep selling covered calls and make some 3-6% per month, and use some of this profit to speculate options as in your article. To me its the way to do it. If you make 3% a month on 100k investment, reinvest half of that 1500$ in to options and keep doubling it, which is easy until some point. And even if the trade goes wrong and you end up losing 100% of you reinvestment, you still get to keep your 100K, make new profit and start again. Options can create you wealth very quickly, but it can take it away just as quick.

    April 29, 2012 at 2:34 pm

  76. last comment got missing :))

    May 1, 2012 at 8:01 pm

    • check again buddy.

      May 1, 2012 at 10:24 pm

  77. fart

    “To respond for my ending month of Nov 06 I made a 200% gains on 4 trades, then loss 100%, giving me a 100% profit keep.” My maths skilz say “then loss 100%” = zero dollars left. Thanks for the tip.

    May 9, 2012 at 1:49 am

    • Yeah I slipped and you should be the next President. I meant 50% which would leave me a 100% gain on my money. Now go back to watching your cartoons.

      July 1, 2012 at 2:49 am

  78. Anon

    Hey Paul,

    All is going well so far. Helps to have distinctive bad news in the media however… Changed the alert system around which works for getting sleep, only one or two alerts through the night. Still taking a very cautious approach with compounding reduced to monthly to be safe.

    Cheers

    May 18, 2012 at 8:11 am

  79. Anon

    Also i think the market may reverse for a counter tonight. Ive found reversals are sometimes worth staying out of until a new pattern is clearer…too volatile and inconsistent like when the Fed mentions their next QE..

    May 18, 2012 at 8:13 am

  80. Sublime

    So how are u doing now paul phillip?

    June 27, 2012 at 6:43 pm

    • On tour vending for Phish shows and trading FB profitably up/down.

      July 1, 2012 at 2:47 am

  81. Anon

    Hi Paul,

    Still going very well, trading $500 per week profit now (getting around 400-500), ~10 trades per week on average with much more sleep now. Averaging 60-70% accuracy. Focused more on the 1 hourly chart for patterns but still using 10 minute for confidence with the indicators. Now trading Wall St, ASX 200, AUD/US dollar and Gold charts simultaneously, i find varying the trading takes my mind off making a gamble on a boring sideways chart. Currently progressing compounding based on a weekly wipeout…so say if i was planning to make $500 for the week but instead lost $500, if that $500 loss is no more than ~35% of the current amount of money ive made trading then i allow myself to increase the trade margin so that the next week wipeout is also less than 35% total, if that makes sense. This is to prevent overly emotional trading. Will let you know when i hit a consistent $2000 weekly profit.

    June 28, 2012 at 2:44 pm

    • Hi Anon, glad to hear your trading is improving and you are trading less and making better trades. Keep it up.

      July 1, 2012 at 2:46 am

  82. u funny

    almost 6 years later how much u got? negative a billion lol

    July 13, 2012 at 12:00 am

    • Yeah about that much.

      August 4, 2012 at 3:30 pm

  83. This page was extremely helpful. I actually
    really enjoyed reading it. I want to have to go play a few more games than I
    normally might which will be not the foremost productive thing I ever
    done but irrespective thanks!

    December 3, 2012 at 2:03 am

    • Play a game of cashflow and clue oh and sequence too!

      January 5, 2013 at 10:58 pm

  84. Rohit

    Hi Paul Philip,
    I’ve started trading options with your rules. I have Few doubts:

    1) Are you not trading in Index Options? If not what is the reason. (since Index options have more liquidity than stock options.)
    2) How many stocks are you concentrating for trading options? Is there any specific numbers to increase focus. Or are you trading in all the
    opportunity you find? Does concentrating on 4 or 5 Stocks for trading options increase the profitability?
    3) What are your money management rules? Are you putting 100% of your total account money in single trade per month? (Currently I am
    splitting my money into 4 equal parts and trading with 25% of total account money in any single trade).

    Kindly Reply.
    Regards,
    Rohit

    February 7, 2013 at 8:59 am

    • 1st. I think you are completely crazy to follow any of my stupid rules.
      2nd. To answer your questions yes I put all 100% back into trades, I have a basket of around 100 stocks I watch, but really only trade 2-3 of them consistently, and I really do not trade indexes they don’t move enough. I trade big stocks that have big moves to double my money quickly (or lose my ass) – GOOG, AAPL, PCLN, AMZN, NFLX – mostly tech. It’s what I know but may be different for you. STICK to what you KNOW. good luck my friend.

      February 12, 2013 at 10:35 pm

  85. iloveme9

    how can become a trillion dollar man ?

    February 21, 2013 at 1:42 pm

    • start with making trillion dollar strategies however great or horrible they are…do them.

      February 23, 2013 at 11:11 pm

  86. Von

    I was studying some of your articles on this internet site and I think this internet site is really instructive!

    Keep putting up.

    April 30, 2013 at 11:15 pm

  87. Doctor

    Oh my God, you are all so gullible, you all have completely missed the point of the article. He is being theoretical, it takes INSANE amounts of risk, and skill to do this. It’s great in theory, but not in reality, one bad trade and your account will literally explode, leaving you with nothing. So stop asking him, “how do you do this,” because NO ONE knows how to do this, not even institutions. No one can 100% predict what is going to happen in the stock market. Don’t get me wrong though, you most certainly can get rich trading stock options, if you manage your money well, and know what you’re doing, but don’t be insane enough to actually try this, but like I said earlier, it’s fun to think about.

    May 13, 2013 at 2:40 am

    • Follow this Doctor’s orders, but I also suggest reading Dead Doctors Don’t Lie.

      May 13, 2013 at 3:16 am

  88. Takunda

    what business are u in ….i m 18 and want to become a billionaire .

    May 22, 2014 at 12:35 am

  89. I drop a comment each time I especially enjoy a post on a site or if I have something
    to valuable to contribute to the conversation. Usually it’s caused by
    the fire displayed in the article I looked at. And on this
    post How to become a billionaire in 20 months by trading options, the power of compounding your profits.

    | broken ninja.. I was excited enough to post a comment :
    -) I do have 2 questions for you if it’s okay.
    Could it be only me or do a few of these comments come across like they are left by brain dead folks? :-P And, if you are posting on other sites, I would like to follow you.
    Would you make a list all of all your communal sites like your twitter feed, Facebook
    page or linkedin profile?

    August 16, 2014 at 4:15 am

    • I don’t know if you are real or not either. I’m anonymous on this site as the author but I’m not hard to be found if you have any online searching skills. I don’t trade anymore either. I live out in the boonies on an old plantation. cheers, -p

      August 17, 2014 at 12:03 am

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