Welcome to SteadyYields

[Kim]

We are pleased to expand our services offerings with a new strategy called SteadyYields.

Here are the service parameters:

• Tailored for medium term active traders
• Model portfolio size - $10,000
• Underlying -TLT, TMF
• Average holding period - 2-4 weeks
• Number of trades per month - 3-5 plus adjustments
• Profit target - 30-40%+ annually

 

There is a long-term correlation between oil prices and constant maturity yields for the 10-year Treasury. SteadyYields is a trading strategy that takes advantage of this correlation. Details can be found on the members forums discussions.

We recommend trading with a low or no commission broker (like Tradier or FirstTrade). TMF & TLT are extremely liquid, scaling up will not be a problem.


June 30, 2024 update

Scott Batchelar who was the original strategy manager of SteadyYields and introduced the strategy to our members in March 2024 has left our company to pursue other opportunities. Mr. Batchelar is no longer managing any of our services. He is not involved in any of our activities in any capacity. We are not associated in any way with any of Mr. Batchelar's businesses and cannot comment, advise or endorse any of them. 

Mr. Batchelar managed the SteadyYields strategy in a way that was not suitable to our members and not in line with our trading philosophy. The new managers will follow the concept of the service in a manner we believe to be more appropriate for our members and also respond to concerns in a manner consistent with our site. The trading parameters have been significantly modified to reduce risk (including position sizing, hedging, lower profit targets and lower potential drawdowns etc.)

For the record, the original strategy description has been written by Scott Batchelar.

[Jonah L]

Can you please confirm the model portfolio size? The strategy front page and description still show $10,000

[Kim]

Yes, $10k.

[Jonah L]

I thought it was updated to $25k model portfolio. Thanks for confirming it is still $10k.

[Kim]

Yes, and remember that we usually don't use more than 50-60% of the capital. So when you look at performance, ROI is much higher than reported because we have almost half of the portfolio in cash.

[alwaysprepared]

On 12/12/2024 at 9:52 AM, Kim said:

Yes, and remember that we usually don't use more than 50-60% of the capital. So when you look at performance, ROI is much higher than reported because we have almost half of the portfolio in cash.

@Kim I'm considering rejoining Steady Yields again but am skittish after my experience with the previous manager.  Would you be willing to post the returns and a brief summary of how ;things are going for the partial year under the new management??  I realize a partial year is not a fair test of the future potential of the trade, but if things seem to be going to plan and subscribers seem happy, then I'm willing to take a chance with it...

Thanx in advance...

[zxcv64]

4 hours ago, alwaysprepared said:

Would you be willing to post the returns

I'm not Kim, but you can see the returns here :   https://steadyoptions.com/performance/

(then click on 'SteadyYields'). The returns for all the strategies are shown here.

 

[Kim]

57 minutes ago, zxcv64 said:

I'm not Kim, but you can see the returns here :   https://steadyoptions.com/performance/

(then click on 'SteadyYields'). The returns for all the strategies are shown here.

 

Thank you. I was a bit surprised by the question, as we always post all returns of all services on the performance page. 

SY is a completely different service now. Different managers, different risk management, different trading philosophy. Our goal is to keep the drawdowns to 20-25% maximum. 

[alwaysprepared]

54 minutes ago, zxcv64 said:

I'm not Kim, but you can see the returns here :   https://steadyoptions.com/performance/

(then click on 'SteadyYields'). The returns for all the strategies are shown here.

 

I have visited that page.  I'm assuming those returns can't be accurate for the new manager of that strategy since he's only been doing the job for about 1/2 a year....  Those numbers can't possibly include the disaster that I was a victim of earlier this year...

[Kim]

1 minute ago, alwaysprepared said:

I have visited that page.  I'm assuming those returns can't be accurate for the new manager of that strategy since he's only been doing the job for about 1/2 a year....  Those numbers can't possibly include the disaster that I was a victim of earlier this year...

The service has been restarted in July. Those are the returns since July, and I can assure you that they are 100% accurate. You can find the previous return under discontinued strategies, link on the performance page. 

[alwaysprepared]

1 minute ago, Kim said:

The service has been restarted in July. Those are the returns since July, and I can assure you that they are 100% accurate. You can find the previous return under discontinued strategies, link on the performance page. 

OK, @Kim.  I'll take your word that those are indeed the results so far under the new management...

Thank you for responding!

[berg1975]

The strategy is described as low maintenance. How sensitive is the strategy to timing of entries, exits and rolls? With Double Diagonals, it was possible to enter (or roll) hours after a trade alert without impairment to performance. Is there a similar tolerance with this strategy?

Also, how would the relaunched strategy have performed in April, May and June 2024? Would the June loss have been less? Thx

 

[Kim]

Yes, most of the time it is possible to enter hours after the trade has been posted, sometimes even the next day. Of course the entry will depend of the underlying price - if the price moved significantly, sometimes the trade price can change as well. But for the most part, those are very slowly moving trades.

The implementation is very different from the previous one. Yes, June 2024 performance would be very different from the previous implementation. In fact, it is possible it would actually make money in June 2024.

[Mattatut]

Why am i getting emails touting this program with a 91% truth? How can it have a 91% return YTD, as per the email I just got, when the model portfolio of $10K shows it is just over $10K with a YTD return of 5%. What am I missing? 

[Yowster]

20 minutes ago, Mattatut said:

Why am i getting emails touting this program with a 91% truth? How can it have a 91% return YTD, as per the email I just got, when the model portfolio of $10K shows it is just over $10K with a YTD return of 5%. What am I missing? 

Steady Yields and Steady Options are different portfolios.