Welcome to the McBillion 20K Challenge


April 14, 2014 I will start a challenge with a goal of turning $5,000 into $20,000 in 2 months using Fibonacci and DMI. I will send my trade ideas using Facebook Private Chat and Twitter Locked account.

McBillion 20K Challenge Performance!

Symbol Intra-Day Trade Price Qty Date Long/Short $ Gain

SPY

Apr 14 181.00 Call

$2.70

10

4/14/2014

Long

-$150

AAPL

Apr 14 525.00 Call

$2.20

10

4/14/2014

Long

-$100

SPY

Apr 14 185.00 Put

$2.10

10

4/15/2014

Short

+$375

FB

Apr 14 59.00 Put

$1.92

10

4/15/2014

Short

+$350

SPY

Apr 14 182.00 Put

$1.10

10

4/15/2014

Short

$0

FB

Apr 14 59.00 Put

$1.10

10

4/16/2014

Short

+$260

SPY

Apr 14 185.50 Put

$1.20

10

4/16/2014

Short

-$200

SPY

Apr 14 185.50 Put

$1.18

10

4/16/2014

Short

-$180

SPY

Apr 14 184.50 Call

$1.10

10

4/16/2014

Long

+$120

SPY

Apr 14 187.00 Put

$1.10

10

4/16/2014

Short

+$280

AAPL

Apr 14 517.50 Put

$0.80

10

4/17/2014

Short

-$300

AAPL

Apr 14 522.50 Call

$1.00

10

4/17/2014

Long

+$700

SPY

25Apr14(W) 188.00 Put

$1.90

10

4/21/2014

Short

-$50

AAPL

25Apr14(W) 552.50 Call

$2.35

10

4/21/2014

Long

+$50

AAPL

25Apr14(W) 500.00 Put,

$1.90

10

4/22/2014

Short

-$100

AAPL

25Apr14(W) 575.00 Call

$0.45

10

4/24/2014

Long

+$100

SPY

25Apr14(W) 186.50 Put

$0.25

10

4/25/2014

Short

+$350

AAPL

25Apr14(W) 570.00

$160

10

4/25/2014

Long

-$200

SPY

25Apr14(W) 186.50 Put

$0.22

10

4/25/2014

Short

+$220




















































































Please read the following rules.

20K Challenge Rules:

  1. Start trading account with $5,000. (Nelson Molina (McBillion) recommends that all traders use a virtual account to simulate trade)

  2. Challenge ends after 2 months regardless of profit level.

  3. All trades are sent out in real time via Facebook Private Chat and Twitter Locked account.

  4. Trades can happen anytime, CBOE options market is open during the day.  Trades are also subject not to happen.   At times not trading is a valuable trade strategy.

  5. Trade commissions are not taken into account.

  6. As We build the account risk will increase 

  7. Trades made as part of the 20K challenge are not considered investment advice!  This is learning opportunity, not an investment strategy.  Loss of some or all capital is a potential reality and is your responsibility. See risk discalimer.

  8. You are welcome to disregard My entries and exits if you don’t feel the trade is right since this is a lerning challenge

  9. The 20K challenge is a learning exercise, not a retirement strategy.  Please be mindful of your risk.  McBillion.com (Nelson Molina) are not responsible for losses sustained.

Good Luck. Trade On.
















































Untitled Document

COPYING AND OR ELECTRONIC TRANSMISSION OF THIS DOCUMENT WITHOUT THE WRITTEN CONSENT OF MCBILLION.COM IS A VIOLATION OF THE COPYRIGHT LAW.

thinkorswim, Division of TD AMERITRADE, Inc. and McBillion are separate, unaffiliated companies and are not responsible for each other's services and products.

FTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Nelson Molina, McBillion is not a registered broker-dealer or investment adviser. Individual performance depends upon each student's unique skills and time commitment.