Let me make one general statement about returns.
The 127% CAGR excludes commissions. This is mentioned twice on the performance page (good luck to find a similar disclaimer in most other services). The actual return depends on the broker you are using. Those with Tradier who pay $10/month as part of our deal with Tradier will see a very small impact of commissions. Those who are with IB will be probably impacted by 1-2% per month - again, clearly mentioned in many places.
How much members can make? It depends. Everyone is different. I get messages all the time from members who beat our performance. But it will not happen after 4 months. 4 years is more likely. But yes, it's possible, and I disagree with a general statement like "It's impossible to make returns similar to your stated performance". This is simply not true.
I will go one step further and say that if you stick around for 3-4 years, you will have a very good chance to make at least half of those returns or more (again, if you account for commissions). Why 3-4 years? Because as I mentioned many times, this is how long it takes to become proficient in any area in life. And if you find it insulting comparing University to learning to trade, maybe you need to adjust your expectations. Doesn't matter if you do it alone, with SO help or with another mentoring program. Our goal is to help you in your journey which is already hard enough. If you want our help, we are here. If you prefer to do it alone, that's fine too. Just don't expect any shortcuts.
Also account size matters as well. Our performance is for 10k model portfolio, it is much more difficult to achieve a similar performance in a $100k account. Again, this is a well known fact and is mentioned in many places, it should not come as a surprise.
But the main point is: you should not compare your results to the official performance, and you should not care how much other members make. If you are new to options, give yourself at least one year, to see the effect of learning, and also neutralize any periods of lower returns. If after one year you still don't find the value, move on.
Everyone's path to success is different. If you read My story, you will see that it took me almost 10 years to become consistently profitable. To many traders it takes much less. To some it takes more. Some don't achieve that goal even after 20 years. Please believe veteran traders who say that this is extremely hard. Please don't believe all the marketeers out there who claim that it's easy to double your account every 6 months with no time and effort.
I'm trying to be as honest and transparent as possible. I know not everyone can appreciate it, but I will always tell people the truth, not what they want to hear.
Here are some articles that might help:
Probability Vs. Certainty Trap
Are You EMOTIONALLY Ready To Lose?
Are You Ready For The Learning Curve?
Why Retail Investors Lose Money In The Stock Market
Can you double your account every six months?
Top 10 Mistakes New Option Traders Make
Price Of Options Trading Education
How To Become A More Profitable Trader
5 Stages Traders Go Through
Learning To Win By Learning To Lose
How To Avoid Emotional Mistakes In Trading
10,000 Hours Of Trading
How Much Do You Need To Trade Options?
40 Steps In The Trader’s Journey
Buy High, Sell Low: Why Investors Fail
Performance Reporting: The Myths And The Reality
Is 5% A Good Return For Options Trades?
Big Drawdowns Are Part Of The Game
Should You Care About The Sharpe Ratio?
Do You Still Believe In Fairy Tales?
How To Calculate ROI In Options Trading
It Is Time To Get Real
@yalgaar One last comment: the answer to "what I am missing" question is you are not missing anything. You are going through the same path that millions of traders have experienced in the past. And your path might be a bit tougher in the short term because you joined during much more challenging times. The simple truth is that (at least) 80% of traders fail, and the reason is not they are not smart enough. The reason is they quit too quickly. They think about success in trading in terms of weeks or months instead of years. And you can be insulted by my comparison to University, but my point is that success in any area in life takes years. It's a process.
The fact that you are still here and did not cancel after 3 losing trades says a lot about your character and commitment.