DavidR

24% annual return with very low risk over 13 years? I would take it, but I doubt it's possible.

This is very true. Mark Sebastian from OptionPit also mentions that he is a former market maker, but I haven't seen any track record on their website. Those clowns who constantly brag about their market making experience are frequent speakers on CNBC, but where is their track record? How do you even know they are good traders?

I was mostly premium seller and I have mixed experience. it works well most of the time - until it doesn't. I followed mostly TastyTrade. It sounds really good in theory, but the strategies are easier to describe than to implement. I started looking for alternatives and found SO. The Pre-Earnings Straddles is an amazing strategy. It is high probability and low risk, and unlike premium selling, when you lose, you don't lose much. Tom Sosnoff claims that selling premium is the only way to make money in options, but SteadyOptions is a living proof that this is not true. There is a good reason why none of tastytraders (including Sosnoff) is willing to reveal their track record. Unlike SO, they are simply not profitable.

Thanks Ophir and Kim. The presentation was great. I have been a trader for 35 years and this is the most impressive tool I've seen.

I contacted them and asked for a track record. They didn't even bother to respond. Najarian brothers are just big names that don't really care about their customers. Too busy to talk on CNBC.

Where exactly is their track record? Couldn't find it. Paying 2k a year for a service with no track record??

This review says it all. A ridiculous charlatan wearing a turban, and claiming to have earned 25,574% investment returns in only 10 months. One of the more wild and whacky trading Guru's that we have reviewed. In our conversation with Dr. Singh, we asked for a detailed breakdown of returns from his supposed stock picks. We were sent a spreadsheet that contains ZERO LOSSES. In fact, the materials that were presented to TradingSchools.Org show the following return on investment from June 17, 2016 through March 17, 2017 to be 25,574%. To give you some perspective, this would be an average of 2,557% per month. A $1k investment, after 10 months is now worth over $30 quadrillion dollars. What we really wanted to know, would anyone be stupid enough to believe this sort of nonsense? Apparently yes. Now I don’t want to be too hard on the people that were foolish enough to get suckered into this. But people, please. If someone guarantee’s 2,500% each and every month, with no losing months, and no losing trades….and even includes a money back guarantee? Well, you know the saying “If it sounds too good to be true, it probably is.”

Take a look - http://www.investimonials.com/blogs/reviews-schaeffers-investment-research.aspx Reviews are terrible.

I think it was enough to look at his website to see that Manny Backus is a fraud. Personally I did not need the SEC to know that.

This is a sad end to once great community. You have to give credit to Dan Sheridan for being a pioneer in this area, but he became a victim of his own success. Sheridan Mentoring is slowly dying. All great members started their own businesses or moved to other communities.

My biggest issue with tastytrade was that they push mostly only one strategy of selling naked options and define everything else as "crap". We all know that there are many good strategies, not just one.