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Showing content with the highest reputation on 05/12/18 in all areas

  1. I think it is more than one factor. I've noticed quite a few times when there will be a short burst of just a few seconds where tons of bids/asks just below/above the recent trading range are filled, then the price reverts to the trading range and those prices don't fill again. If you've got a bid/ask sitting there during that time, your trade is executed. If not, you just missed the window for that price. So that's one factor and I think it can be classified as Kim's trades being good and timely. Members who are proactive can do the same thing, but I would guess a lot of members either don't have time to do their own research or don't have the confidence to place the trades without "approval" or "validation" from someone. Another factor is that some members are just going to pay whatever they have to in order to get in the trade, regardless of whether the price is reasonable. It seems to me that there are more members like this now than when I joined about 2 1/2 years ago, but that could just be observational bias on my part. In any case, there could be an occasional exception on lower liquidity options, but I don't think it is the number of members or the dollar amounts members are trading that is the problem. I think it is lack of patience and a willingness to accept lower returns that drives members to increase prices.
    2 points
  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.
    2 points
  3. @Djtux I think the idea is for stocks whose average RV line increases its downward slope at a certain point in time, so therefore you might want to exit your trade at that point. This would be an easy way to recognize what date corresponds to that point in the current cycle.
    1 point
  4. My comments: Many times I simply take advantage of the temporary dip in the price and get filled at the bottom of the trading range. This is what happened to the recent CRM trade. As you can see from the chart posted on the discussion topic, the recent range was 0.50-0.64. I simply placed a limit order at 0.50 and got filled. The discussion topic clearly mentioned the price target for the calendar, so members could place the same order in advance. SO members can impact prices temporary if they continue raising their bids. But if the "real" prices are lower, the price will come down after all bids have been filled. And this is true for less liquid stocks only. Stock like TLT, MSFT, VXX, SPX, FB, IBM etc. are obviously not impacted. Being proactive, doing your research, looking at some of the unofficial candidates is the best way to use SO service. Yes, you will need to have some level of confidence and experience to do it - this is why we recommend to stick around and not give up after few weeks or months. This is a process that takes time. Members who stick around and learn the strategies are greatly rewarded. Those who decide to give up after short period of time - well, I guess it's their loss. I don't know about traders outside of steadyoptions. Sharing our trades with people who dodn't have active subscription is a serious violation of our terms and conditions. We already banned few members for doing it (yes we have ways to find out), so those who want to continue being members, I strongly recommend not doing it.
    1 point
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