Kim 7,943 Report post Posted May 1, 2013 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. Click here to view the article 2 Share this post Link to post Share on other sites
jr1221 12 Report post Posted May 2, 2013 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! Share this post Link to post Share on other sites
cwelsh 1,550 Report post Posted May 2, 2013 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 . Share this post Link to post Share on other sites
Kim 7,943 Report post Posted May 2, 2013 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. Share this post Link to post Share on other sites
