SteadyOptions Produced 33.9% ROI in April 2013

[Kim]

April was an excellent month for SteadyOptions. We closed 16 trades in April, 13 winners and 3 losers. Total gain in April was $2,032 based on $1,000 allocation per trade. Assuming maximum of 6 trades open (the average number is lower), that's 33.9% non-compounded gain. Most Fund Managers don't make those returns in a full year.

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[jr1221]

Great month Kim.  Being an original member, I can say that the strategy adjustments you've made have been very effective, helping us make money in all market conditions.  2012 wasn't a great year overall for my SO account but I hung in there and my account is up 40% since January.  Ridding ourselves of the occasional big loser has been a key, and I'm personally a huge fan of these calendar trades.   Amazing  how resilient they are when a company's earnings date approaches.  I think of all the traders from the early days of your forum, and they'd be kicking themselves today for being so impatient and cancelling their subscriptions. 

 

Keep it up, so I can quit my day job!

[cwelsh]

Only problem with quitting the day job -- you have to have a huge account that can survive the ups and downs.  I'm not there yet either .

[Kim]

Great month Kim.  Being an original member, I can say that the strategy adjustments you've made have been very effective, helping us make money in all market conditions.  2012 wasn't a great year overall for my SO account but I hung in there and my account is up 40% since January.  Ridding ourselves of the occasional big loser has been a key, and I'm personally a huge fan of these calendar trades.   Amazing  how resilient they are when a company's earnings date approaches.  I think of all the traders from the early days of your forum, and they'd be kicking themselves today for being so impatient and cancelling their subscriptions. 

 

Keep it up, so I can quit my day job!

Thank you for your kind words.

 

Like I mentioned several times, the key is to limit the losses. In the second half of 2012 we had few unnecessary big losers (ADM, AKAM, RHT) which impacted the performance.

 

However, I hope everyone realizes that making 20-30% per month on a consistent basis is not realistic.. The key is to have few really good months and not to lose (or lose very little) in between.