SteadyOptions

First Class.....

Of investing I have come across a lot of newsletters and resources for financial advice and I would have to say for me that the best so far has been SteadyOptions.

Every site says that they are committed to your education (guess what that's because their lawyers say they have to be committed to education to reduce their risk of giving bad investment advice), but Ken and the SteadyOptions community are more committed to teaching you 'how to fish'as much as the actual "fishing".

Do you think that you can become a great trader without a lot of hard work? Well, if so, then you are in for a world of hurt. All education is expensive and I have a PhD. Commit yourself to working and learning with SteadyOptions and you will not regret it, but they will make your brain hurt a little bit, but it's worth it.

Finally, as an afterthought, I did not want to leave out the fact that this is the most responsive site to your queries, inane are not, that you will ever run into.

Trust Score

1.0

User’s Review Ratings

Overall

A long term tutorial

I have been a member for almost 5 years now and most if not all of my options trading know-how has come from reading the forums and following pretty technical discussion on the web site.

More than a service, it's a community and even though I have been in "stealth" mode most of my experience, following the commentaries and learning from other people's experiences has been a very valuable tool in gaining insight in the way options are traded. Turns out, options can be a lot less risky than most people realize and are extremely flexible at adapting to any kind of strategy one is looking for - income, speculation, hedging - you can do all that with very controlled risk, using options.

The initial focus of this group was a non-directional exploitation of the increase in volatility during earnings season, but over the years it has become much, much more than that. So now, with the tools and ensuing discussions that you find on the website, you really can develop a personalized, long term strategy to making money with options. It's an investment well worth the time and little money invested.

Trust Score

1.0

User’s Review Ratings

Overall

Steady profits

I've been actively trading for 3 years -- mostly options. It has been a costly education and I was ready to give up. Then, about 6 months ago, I came upon Kim's website and it was a life-line. The Steady Options investment community has provided BY FAR the best experience for me. Kim has done a great job with extensive tutorials, and offers his group valuable, no-nonsense opportunities that consistently flow through the Forum topics. In addition to his work, the wealth of knowledge, experience and practical tips that come from the more experienced members on the Forums make this a truly unique (and profitable for me) experience. You have to do some homework and learn some things that many traders don't take the time to learn. But the resources are here -- you just have to do it! Also the website and account management consistently performs very well -- which is not always the case with investment groups. I am now very pleased with my progress as an options trader and could not have done it without SO.

Trust Score

1.0

User’s Review Ratings

Overall

Best Option Newsletter Available

SteadyOptions is superior to all other option newsletters in the marketplace (and I have tried hundreds). Most option newsletters simply will send out trade alerts with some canned explanation to the rationale of the trade but at the end of the day it's just really basic content surrounding a very basic trading methodology. SteadyOptions trades far more sophisticated strategies with a much deeper understanding of what affects option pricing and how to exploit the resulting anomalies. Furthermore, the forum is an invaluable asset for both the inexperienced and experienced option trader alike. If you are serious about option trading and want to graduate beyond simple put/call buying and rudimentary credit spreads, this newsletter should be your very next step.

Trust Score

1.0

User’s Review Ratings

Overall

Eddy Steady Options

Steady Options is truly a hidden gem.

I came across Kim's Podcast interview on Options Alpha and thought of giving the service a try. Once I signed up, I never looked back.

Its NOT a get an alert and blindly follow service. Kim and other experience members go through lengths to explain why they do what they do, how they reach their judgement, so that you can customize the service to your own needs and risk levels. Its a more "teach how to fish" rather than "give fish" service.

The records are based on Kim's own executions, and some members do better and some do worse. Mostly the members who understand the strategies and make it their own, do almost as well as Kim (if not better) in the long run.

The focus is on risk management, and make Steady Gains, while limiting losses.

Its definitely upped my game and I look forward to years of association with Kim and other members who are not only knowledgeable but are very generous with sharing their knowledge.

Trust Score

1.0

User’s Review Ratings

Overall

Consistent money maker

I have been a member of SteadyOptions for almost two years. It takes some time to fully appreciate the service, and it definitely needs some time and effort, but once you learn the strategies, it is extremely valuable. The community support is unmatched. You never feel alone, and always get a feedback and response from Kim or the community.

The number of trades is not very high, but all of them are carefully selected and backtested. I prefer it that way as it makes it more manageable and predictable. All trades are explained and discussed on the forum, which adds to the educational value of the service. You actually learn how to become a better trader.

Now they also planning to trade the SteadyOptions strategies in managed accounts and eventually a hedge fund.

Highly recommended.

Trust Score

1.0

User’s Review Ratings

Overall

You Can Make Might, But Maybe Not So Easily

There are some options trading web sites that simply take money from persons who do not know any better. Steady Options is head and shoulders above that. However, the two separate quarters in which I have subscribed did not turn out to be worthwhile.

Holding popularity contests among strangers when dealing with financial matters is a ridiculous notion; scarcely different from counting cash while walking through a strange and maybe dangerous neighborhood alone. Unfortunately, there has been a Like/Kudos button in the forums of Steady Options. The section can be necessary to follow in order to get any important information on trades. Further, you can get all of these other emails from persons asking questions, or just making noise.

The most recent time I subscribed, there was a transition underway to try a Reverse Iron Condon (RIC) strategy, which had little success. No refund or credit was offered or implied. Still about three months of losing trades went by in exchange for hundreds in subscription fees.

Maybe if you stick with it for a year you can mirror everything and match the performance data posted. To do that, you need to get orders filled at the same time, after being notified via email, which can be easier said than done. So, let's say the web site makes 80% in a year before commission and fees. You use $10,000. You make $8,000, before commission, and pay $1,200 to subscribe. So, you would make 68% before commissions and after subscribing, if replicating all trades. That performance is not to be found in many other places.

My own experience has been that you try some trades and do not try others during a three month subscription. Not every trade is a winner. Other subscribers might have had a better experience.

I suppose it could pay off. It just has not for me on two different occasions. What you get is interactions that include persons when you might not hope to make online acquaintance, all sorts of emails, and a need to be glued to a computer at all times, else you might miss a trade, and even then you still might not get filled at the same price.

So, particularly if Steady Options has moved on from the RIC method, it could be worth it. It is unlikely that you can do as well as the site's posted performance, though, and that would be before the subscription fee and paying commission.

Trust Score

1.0

User’s Review Ratings

Overall

House Of Cards

We'll, the owner has made himself out to be a godlike superhero educator and master of the universe trader. If you take a look all the people who rated have a trust score of 1.0 therefore clearly the owner of this site is a fraud and needs to be reported to the Canadian authority

Trust Score

1.0

User’s Review Ratings

Overall

Beware. Klaiman is a fake

He writes his own reviews as you will see they are all 5 stars. The guy is a fraud. Anyone who takes the time to fake out the public should be in jail

Trust Score

1.0

User’s Review Ratings

Overall

Everything it claims to be

I think a lot of people subscribe to a service like this expecting to just follow the trades and make money. It doesn't work that way. Unless you really and truly understand what's being done, you'll mess up.

Kim does everything he can to help people follow his trades by explaining exactly what's going on, and if you put the work in to figure out what he's doing and get your own system in place to follow along, you can absolutely make it work.

I'm quite happy with Kim's service. I signed up for a month, absorbed everything I could, and made the decision a couple days ago to sign up for the year. I've been following along paper trading for that month. I've made lots of mistakes, and learned good lessons from every one of them. I'm now starting to trade live with a small account that I'll add to in time.

Something I didn't realize until after I signed up is that there is an archive of discussion for all past trades. So each week he posts the trades he's considering. You can read up on all the past trades for those same setups back over previous years, and get familiar with entry and exit points and so on.

So when the alert comes out, you can generally have your orders setup and ready to go, and even more importantly, you understand the context of what you're doing based on dozens of prior trades.

Kim is not just trading based on a whim or gut feel every day. He's basing his trades on lessons learned over several years, and he's systematically grinding away, doing trades over and over again that have proven to be profitable in the past.

But again, you really need to work to follow along. You have to put a lot of time in to understand what's happening, and really work your orders to get good fills.

Trust Score

1.0

User’s Review Ratings

Overall