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We’ve all been there… researching options strategies and unable to find the answers we’re looking for. SteadyOptions has your solution.

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Showing content with the highest reputation on 05/11/18 in Posts

  1. Our company merged with another one (we got a surprise announcement). Integration projects will require a lot of attention so I decided to leave market space for now. I had incredible time with SO. @Kimmanaged to create a great community with intelligent and respectful people. Kim itself and mentors @Yowster and @SBatch are so knowledgeable and patient with us. Thanks to other guys who shared their ideas. All of you were so great. I am really really going to miss SO comunity. Hopefully when dust settles I will be back... I wish you guys greater number winning trades than losing once. Thanks to all of you, Igor
    1 point
  2. Since SO has members with substantial numbers, i assume no.3 might be the factor that influence the price. Like @Kim said, if He couldn't control others account. Actually, on latest CRM Trade, i got filled before Kim's alert at exact same price but still not fully filled as i intended. I got partial filled on IB and got fully filled on TW based on each account size. In the early days when i just joined SO, i also felt some frustration when see how quick the price got increased after Kim's alert and still to this day i missed a lot of Kim's alert or almost of it . But with much knowledge or strategies that Kim and other mentors have been provided, i think there will be many opportunity to implement it on other tickers and yet we must be proactive to search and research the candidates. My portfolios are based on SO rationale but, yes, it exactly very different with SO Open Trades. Some months, mine could be worse and could be much better than SO performance. Cheers.
    1 point
  3. For my 2 cents worth, I think SO is an excellent service. I've only been a subscriber for 5 months, but have had 5 winning months. I love being able to sleep at night knowing that most of my trades are non-directional. The SO system seems very consistent. And I've used a number of option trading systems in the past. I've never been consistent on any of those, and it's not always because they lose money, as much as I can't stomach some of the trades and exit too early and lose money. To me, the main point I would emphasize on any trading system is to keep your trade sizes consistent. You can lose money even when SO makes money if you oversize the one or two losing trades out of 10. For me, every trade I make Is close to the same size because that's the only way to have consistently winning months/years.
    1 point
  4. Wanted to write a short bio as well. I trade options since about 20 years. I started very young with the idea to double my money every few weeks needless to say I burned my account a few times back then. Thankfully very low amounts but it still hurt as back then that was a good chunk of my (non existing) savings. It still inspired me to pursue a career in option trading. So for 12 years I traded options for a number of banks. I survived the financial crisis while trading bank stocks and options (fun times). But I left years later when banks got out of trading due to more regulation, compliance and margin pressure. From that time I think I have a very good technical option knowledge. I traded my own money full time for a year after that. I was surprised how different that was from trading at a bank. I learned more about position sizing, discipline, psychology and myself as a trader than in the years before and I found that SO helpful for that. I had time to do extensive research on every trade Kim suggested and find my own trades and I would have my own timing and entry levels. I was quite active on the forum in that time and many of the well over 1,000 comments/posts I made are from that time. I’m back to a ‘normal’ day job since a few years now so have a lot less time for all of that and scaled my trading back to a few systematic, low maintenance trades – Steady Condors is one of them (I have my own setup and timing but its not too different what SC does). I’m trying to add a few single stock earnings trades back into the mix so I’m getting a bit more active again on the forum as well and will try to be helpful when I come across a question and as time allows. I will tend to pick up question that are option or trading specific (Greeks, assignment, trade setup… etc) as I will only be in a handful of trades a quarter so will have little to say about the specific setup of a particular trade unless I’m in it.
    1 point
  5. My experience starts in the 90's when I used to do phone trades with commodities. With the internet and such I passed the Series 7 and started trading stocks with Bright Trading in 2001 for a few years in their heyday. That tapered off a few years later with the introduction of high frequency trading. I just couldn't compete. I traded both stocks and options on my own after that with mixed success. Good enough to keep going but not making much. I have tried many services and am surprised when we actually get openings for new members, as Steady Options is easily the best out there for retail option traders from home. I hope to contribute by answering questions from these new traders as they come on line with us. The regular newbie questions that get asked again and again, whenever spots become available. I trade and understand the official Steady Options strategies and will help there as much as possible (allocations, how to get well priced fills, some of the whys), although there are obviously quite a few very advanced and knowledgeable people here. I trade full-time and am usually available, however I have been traveling the past few weeks.
    1 point
  6. 2.95 per contract is A LOT. Why not to try IB?
    1 point
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