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.