The GOAL is to make $1000,000.00 out of $100,000.00 of virtual money in trading Options before our class ends!
I have created an account with a brokerage firm called TradeMonster.
Here is a picture of the account value.
If any of you are interested to trade with me while I am trading, then you can go to TradeMonster.com and sign up for a Paper Trade account. It’s an Options trading firm, with a great platform that is easy to use.
If you need any help with the process let me know I will help.
UPDATE: APR 18 2013
Everything is going according to plan. The account is worth $700,000.00
Next week I should hit the Million Dollar mark.
On March 1st I had decided to create an investment project for my CAOT32 class . The conditions were to start an account from $100,000.00 and take it to $1 Million until the end of the College semester. Exactly in 2 months the goal is achieved. Even though 3 weeks still remain to the set dead line.
The purpose behind this project was to shed some light to my class mates about the power of the Stock Market and the possibility of accumulating wealth through investing in the right stocks at the right time; Plus injecting the idea of “becoming a millionaire is easy”, into their subconscious mind. All you need to do is want it bad enough…
Please take a look at the pictures, they contain more details.