Leaderboard

I posted this elsewhere earlier, but it's my view that if things do get worse, they will do so across the board. The thing to look out for, then, would be which broker is in a better position to marshal enough resources to fixing the problem. TDA has money and personnel to throw at the problem, and they would do so eagerly just to prevent customers from jumping ship. We know that TDA has had trouble, now and in the past. We also know they fixed the problem in relatively short order. We have no idea how the newer kids on the block will fare under similar stress. So I would probably open an account with another broker as suggested, and keep it "wet" to get a feel for how they perform. Over time I would then increase funding a the new place, maybe at the expense of the incumbent broker, or not. (I did that with Tradier recently, and also have active but unused accounts at Tastyworks and ETrade.)

I can't speak about how it was 3 years ago but I haven't had any issues with TastyWorks in this time, their platform is fast enough and has been all this time, including the days that the market sold of in early march this year. I also use TOS for analysis and other investment strategies but it is horribly slow at last in my Operating System since I don't use windows a don't know if its any better in that operating system.

Thanks for many members for your suggestions and your opinions. It's sad how my thread is taken a very wrong direction of what it was intended for. I am amazed at all the wealth of information SO has offered me and thankful to Kim. I sure have learnt a lot. Not sure why my thoughts and my opinions have been taken negatively instead of being thanked for. I believe I am only helping Kim and SO to make this even better for all current and future members. I am sorry if Kim or anyone does not like me expressing my results, opinions and my thoughts. The fact does not change that I have lost money and do feel mislead due to the the way SO is marketed. Now that I realized the performance page is not something that can be achieved by following the official trades....I have some deep thinking to do about the educational value of SO and the cost to pay for it. If I go 3-4 months back, had I been told clearly that I would lose money following official trades for no fault of errors on my part....I would evaluate SO in a totally different way. I am sure no one can deny the juicy carrot being dangled luring you into this.

@Kim you are downvoting my posts for suggesting things that would make me value this service more? You are down voting me for speaking up that I felt mislead? About the disclaimers: "Start with paper trading, start small" This means nothing in Options trading on the context I am referring to. Every strategy and every trade mentioned here will out perform the official performance giving a false idea of profiting to an inexperienced trader. "Learn the strategies and make them your own" This is very good, I really like it. But again I am saying there should be a disclaimer suggesting that following official trades will not make you money. I and I believe most people are misinformed based on the performance page.

@Kim Reading some of your posts directed to me, I want to clarify I have no inclinations to argue and waste my or anyone's time. All I wanted is to share my thoughts about my last 3+ months here and my challenges. I wanted to find out how and what I need to further improve. But I find this being not taken in the positive way. I wanted to share my conclusions and learn from community opinions. I don't expect anyone to agree with me. We all have right to our own testing and our opinions about things. I saw value in SO in the following ways when I subscribed: 1) The performance page showed amazing returns. I hoped I could make some % of it in a consistent manner. After following official trades, I realized one just cannot make money just following the official trades. I understand this has been told many time but I wish there were a few more disclaimers in bold about this. I find being mislead and misinformed about this. Why not have 1 page article as will along with 1000s of pages that describes how following official trades here will not make you money with details of all the dynamics about it? 2) The other value is the education of Options trading. I sure realized there is an ocean of knowledge and information that will help me learn. I was amazed at the wealth of information I found here....the whole format of official trade being taken and all the member discussions is really of so much value. I cannot put a price tag to this. You keep comparing what is being offered here with Medical degree and Engineering degree and reasonable expectations from it. I don't think this can be compared. Very wrong comparison! I would like to conclude that I find this service being not marketed as Options education service.....it is being marketed as "Alert service" even though you don't a say it that way. I believe with respect to Options Education, this is an amazing place to be. My suggestions: 1) In the "Must Read" articles, have a page with a disclaimer that the performance showed in the official trades will most likely not be realized by the members and the reasons for it. This will set expectations right. 2) Have a weekly / monthly poll from existing members if they were able to match the official performance. This will further keep things transparent. 3) I have asked this before but still wondering why not disclose number of members. This is vital for the members taking the official trades. As a matter of fact 1 of the reasons why many members are not getting good fills. Don't all members need to know how many estimated orders we are competing with to get a fill at a reasonable price? 4) Change "Performance Page" available to members only. This way a new member is joining this service for education expectation and not make money in 3 months expectation.

This has not been my experience at all. I barely post, and am average at best when it comes to SO strategies, but I've been able to become profitable by doing what Kim, Yowster, and everyone else so tirelessly recommend - reading and re-reading the strategy descriptions, practicing the strategies and adjustments until they're second nature, and getting to the point that I can put my own trades on and not have to follow the trade alerts perfectly in order to succeed. It really does work. It's also really hard. I think everyone has been very honest about that.

This is very clearly mentioned in the service description. If people don't read it, not much I can do about it.

https://steadyoptions.com/forums/forum/topic/1191-welcome-to-steady-options/ Honestly, I'm not sure how many more disclaimers I can provide.