$25,000 Options Trading Challenge: Grow $2,500 into $25,000 in a year in the Stock Market using Options Trading and Technical Analysis

I read Nishant's book, and it describes in simple terms a relatively straightforward method which resonates to me, and although 900% profit in one year sounds unrealistic (for me it is), some of the principles are very interesting to learn and experience.The book covers some basics about options, the technical analysis used to pick up trades and presents the rational for the rules part of the method. As a next step, it invites the reader to continue the learning process by visiting Nishant's 25k options challenge website where he "will be posting trade selection, trade rationale, trade analysis and outcomes". The site offers 2 services: 1) a "live trade alerts" service which then in the live trader service it inconsistently claims "as stated many times, this is not an alert service", or "Nishant runs this as an educational service, not as an alert service" and 2) a live trader service where "with daily live chat and mentoring, you are guided at every step in learning the $25K Trading methodology in your paper-trading account as described in Amazon’s best selling book on Options Trading".I subscribed for the live trader service, with a $100 monthly fee, paid every 3 months in advance.The service is supported by a discord server with several channels, and after accessing it, I was surprised that there is not a ledger available with the active 25k challenge trades, therefore, not allowing to track in detail the progress of the challenge.There is a tracker that contains a list of "official trades" which Nishant claims he performs in his different accounts, but there is no way to actually follow and know which trades were taken in the account where the active 25k challenge is supposedly taking place.In December 2021 Nishant declared he finished, in 1.5 years, his 10th 25k challenge, and Nishant mentions that at the end of every year he publishes the actual statement of the account he performed the challenge. Up to the current date I did not see the statement, nor clear to me, assuming it will be published, if it will demonstrate undisputable evidence of the actual completion of the challenge.Here and there some members ask for better transparency claiming to see the actual log of trades per account - such discussions are generally shutdown mostly by a few "Seniors" that "help Nishant" addressing the questions raised in the forum, under the pretext that "he used to do what you’re asking and it just created more questions and confusion and frustration. It was not a good situation.", or "at the end of the day you are here to learn to make decisions yourself", or "adding which accounts alerts are taken in is a major burden", or "because this does not help you do the process better. Learning the rules and then figuring out how to follow them would be a better focus"...In my case, after a period of some weeks of paper trading, I started to take real trades in 4 different accounts and was able to make some profit in 2 of them. From mid-December 2021, the market dropped, and all weeks since then were negative in all accounts I have, wiping the profits initially made.Overall, not surprisingly, like in many situations where people are losing money, some members started voicing frustration in the forum channels, one way or another, claiming to see more details of the actual challenge or the official trades per account.Additionally, is also being asked if anyone but Nishant was ever able to successfully complete the 25k challenge, which at least within the active chat members seams to not be the case.For the months I have been in the forum, this type of requests generally leads to the "Seniors" bashing the person raising the topic and eventually ending with Nishant coming with a message such as "I suggest we put an end to this discussion...".Recently, one of those discussions ended with, apparently inappropriate, messages being deleted, and the forums being put in read only mode:"Folks,As we deal with tough market conditions, it is natural that emotions come out (sometimes in ways that are not acceptable in our group).Due to the nature of some of the discussion in #25k-discussion channel, we are putting the channel in readonly mode for an hour and will be deleting any remarks which are unfriendly or border on personal attacks.This is the first time we are doing something like this, but to keep sanity in our group we don't have much choice. My suggestion to everyone is that if discussions here start going from healthy to personal attacks, just step away and come back later."I do not identify myself with such kind of approach as it does not feed transparency and mines trust, and I posted the following:"I would like to state my opinion that I am against all type of censorship, and for those of you who care, this simple blog post about "Censorship Is The Way That Any Dictatorship — And No Democracy — Functions" illustrates my opinion about the topic:[link removed]Deleting messages and setting channels to read only mode or whatever similar approaches, in my opinion, are just ways of hiding problems and not facing and resolving them as they must.If someone broke the rules of good coexistence, leadership is demonstrated first by a good attempt to fix the issue with that person, and if unable, or indeed the topic is absolutely unacceptable up to the point of no remediation being possible, leadership reveals itself when unpopular, but necessary decisions need to be taken, such as ban someone.Offensive language cannot be tolerated, and if that is the case, again, take serious and permanent decisions.Differences of opinion, even when it does not align with our own opinions are just that...opinions, and a grown-ups should be able to clearly differentiate between what let us affect us or not, and then should be able to simple ignore / do to grant any credit."The message was immediately deleted, and my permissions to write in the channels revoked, which lead me to cancel my membership:"Following the post (...) that was deleted from the 25k channel, then from the off-topic channel, and the subsequent removal of that last channel from my list and removal of permissions to write in any chat and considering that I do not think there is absolutely nothing offensive or inappropriate in my message, I can only conclude that indeed censorship is being applied in this group, which following my principles, I will leave. Please cancel my subscription for this group and proceed with any applicable refunds."So, overall, I think the book provides a method which I find interesting, the method is simple, which makes it easy to understand and tempted me to try it, and at the end suggests continuing to learn more in the paid service provided in Nishant's 25k options challenge website, but that service is led in a way which I do not appreciate, lacks transparency and is censured.

I liked the simple reading of the book. It's a good first approach to mean reversion strategies.I've decided to try it out in the real world and subscribed to the challenge issued by the author and offered in the book. The membership gives you access to materials like a spread tracker and some additional educational content. It also grants you access to the challenge discord server where after 6 months I can tell it was not an educational place.Since the beginning, I tried to understand better the 25k method by asking questions like "who else has accomplished the challenge?", "what's the official win rate?", "Why are there trade alerts coming up for setups that are not in alignment with the method described in the book?". I was called out multiple times for asking these kind of questions and got responses like I wasn't asking the right questions, or I should just trust the methodology, among other responses I think were out of line.They have a 25k discussion channel where it's not allowed to have discussions around the 25k method. Feels like if you ask anything that might make look the method not applicable for the current market situation, then you get slapped in the hand. Some members were even banned from asking similar questions justifying that they were personally attacking the senior members of the server, but it was always the other way around. Senior members are there to protect the image of the method and the author from any paying customers that want to understand why is the 25k method not working in non-bullish markets, which we are experiencing for the past several months. In addition, any question that questions the method is deleted almost immediately. What a way to treat paying customers.The evidence that this method doesn't work in non-bullish markets it's the official tracker, where most trades were losing ones since last Sep 2021. And it's ok if this method doesn't work in non-bullish markets, no method or strategy can be a winner at all times. But this is something neither the author nor the senior members want to acknowledge publicly or in the discord server, misguiding every new trader in there to keep getting bullish trades that make no sense in this market. I've spoken to several other members and no one has a win rate over 55% following the trade alerts in the membership for several months.The author and his senior members team, need to adopt a more humble attitude and be open to feedback from their paying customers. When a customer asks you why your product, service, or method is not working... you have to be truthful. Just keep it honest and acknowledge this doesn't work on non-bullish markets and it's not advised to keep trading this method until further notice. Although I understand why they are not saying that, I mean, what's the point of paying $100/month for a service on a method that hasn't worked for several months right?Final word, read the book if you want to understand one of the several mean reversions strategies out there on the web. But I don't think joining the challenge is worth your time or money. You can just try the book's indicators on paper trade and then make a decision if it's worth implementing it with real money (just make sure the market is clearly bullish as no bearish spreads are encouraged with this method).

I have made several winning trades using this strategy, and I offer add a couple of small points based on my experience.For the new trader or someone just starting out with this strategy, I encourage considering the size of your trades, goal amount, and profit targets based on YOUR personal comfort level. Just as the author remarks that he prefers trading with a goal of $25K, no more no less, there is a fear / greed psychological response that happens to us when we see big $$$'s flashing before our eyes. Any successful trader will tell you to ignore that response and stick to your plan.I found that I like to trade with about half the amount that the author recommends. I'm better able to execute a trade without making a hasty decision, and I can hold a position that is moving sideways / against me to my stop-loss instead of bailing early at the first sight of RED.To that point: the author mentions taking less than 100% profits in the back of the book. I HIGHLY recommend evaluating each winning trade on a daily basis especially after a sudden favorable move. For instance, I put on a trade with 20 days until expiration. At 5 days in the trade has gone in my favor and I'm up 50% of my total potential profit, which works out to about 10% profit per day. If I hold another 15 days to 100% that averages out to ~3.30% profit per day. Is it worth it considering the stock could move against me just as quickly? Granted, using this method is designed to put market moves in one's favor, but it isn't a guarantee. Just some additional food for thought.

Excellent book , the followup book " mean reversion trading" is amazing

I dont understand the reviewers who complain about this being a short book. It is not a treatise on Options or trading. There are lots of those books out there. So what is it? Its a very short overview of a technique that the author has used over the last 10 years to consistently make money.To those people who complain he only uses one technique and the book is short - Would you rather have a long book with 10 techniques and be left to your own devices? And if you already know 10 techniques why are you looking at this boo? Unless your 10 techniques aren;t giving you the profits you are looking for.This book gives you a very specific technique - it gives you a way of picking which stocks to trade - he gives you his watchlist. He also has a website with his previous challenges so you can see exactly how he trades and how he makes money. All for free. In the latest challenge you even get to see how he managed to navigate the Covid crisis. He has also created some free videos to help.Yes there is also a paid website where you get to follow along, in real time with his current challenge. This you have to pay for although there is a free trial. You dont have to join this though - its purely optional. You can still run the system just with the information in the book. But think about this - from all the books you have read; How many of them have been profitable over the last 10 years? And how may authors have the guts and competence to let you follow along with them in real time?Funny thing is I had signed up with 2 other authors/course providers who charge over $1000 for their options programs - one rhymes with Gucci and the other tries to make things SIMPLER (hint hint) and both of them are teaching this same strategy.... so hmmm.... maybe there is something in this... I mean this guy does show his trades and does consistently make money. It just seemed too easy. So I didnt follow it before... But now I am and its AWESOME.Buy the book and stop complaining about it being short. Its probably the best book on Options trading so far ever written and you don't have to pay $1,000s of dollars for it. I would take a short book with a profitable system over your fancy 10 Option technique books anyday.

So this is really how simple options trading can be. Most people shy away from options because they read very complicated books and think they need to know everything about everything. Not true. I recommend people that are not successful with options trading to read this book and apply the strategy. Just look at some parameters, check the charts and put on a trade. If it doesn't work, exit. If it works, hold. At worst you will lose a little money. However, if it works out for you, you can have a steady income for life! The risk reward ratio cannot get any better than that! Also, the author debunks a myth that only option sellers make money. Remember, every put that closes out of money, there is a same strike call that closes in the money.

I reaped 170% profits already just in 3 days after following the analysis and especially the rules stated in the book.Failure is a process that make ones find their own way to beat the market and find good timing for the best trade based on their daily routines.I suggest that readers would feel what the author really wants to share his experience for handling market correction especially in the FAQ.

There is only the most important and relevant information present in this book. I've read 21+ books on trading and learnt some of the most advanced techniques out there. This book is a great addition to my collection. I'll definitely be reading this more than once.