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?
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This entry was posted on November 27, 2006 by Paul Awol. It was filed under how to become a millionaire, money management, One24 Online home-based business, trading stock options and was tagged with how to become a billionaire, how to become a millionaire, http://www.124today.com, One24 online home-based business, steps to making millions, trading stock options.