CHEFS TIP: This cooking time yields a Medium Rare steak. For a rare steak decrease the cooking time to 1 1/2 minutes on each side. For a medium steak increase the cooking time to 4 minutes on each side, Medium-well to 5 minutes on each side.Make sure to keep your exhaust fan on high. There will be a lot of smoke. If you have an outdoor stove top, this would be a great recipe to cook outdoors.