Just a quick Thank You to Ron Bertino … the man is a genius… but here are my 2 cents… today was a $19,000 profit as I closed several positions… for the last 30 days it’s close to $60,000 in profits on about $650,000 in open positions. I would not be comfortable with that amount of risk without the benefit of Ron Bertino’s excellent Hedge/Income trades. If you are not taking advantage of his expertise then you are missing … or … more accurately… risking too much!
With Ron’s hedges I have a current max loss of 17%, if the market dropped by 10% – 20%. That’s a manageable loss in the event of a sudden correction. In the event of a greater than 20% crash I am 100% hedged and could actually MAKE a profit!
The way I manage the hedges is clearly wrong and could be greatly improved but… the total cost of the hedge is under $25 per month for each $10,000 at risk.
If you want to make a living trading this crazy market and have less stress worrying about a correction or Black Swan event, then you need to learn what Ron is sharing. Like I said, he is a genius.
So THANK YOU RON BERTINO for all you do!