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!
Ron is extremely knowledgeable in how options behave and in translating that "know how" in creating very unique and profitable trades. In my opinion, one of his best traits is how he clearly communicates the setup and management of his trades and more importantly the reasoning behind why they work.
I wanted to thank you again for your Brilliant work with the Space Trip Trade. This trade is relatively easy to initiate and maintain, yet when utilized in the way that you explain and teach, it becomes an extremely sophisticated and powerful trading tool. This trade has been a Game-Changer for our options trading program.
Having studied under many trade mentors, I can thoroughly recommend Ron as someone who is consistent, knowledgable, insightful, and helpful.
His trade examples are live, so the individual trader can place the exact same trade and follow along....no cherry picked trade examples that always seem to work out...everything is live.
Ron is a patient mentor...no question is too elementary, and he is always willing to show errors in the traders thinking and suggest better methodologies when a question is submitted to him.
I've learned more about Butterfly spreads, Condor Hedge trades and the practical application of technical analysis from Ron than any other coach I've worked with. Ron's know-how is unparalleled and he's the most well read trader I've come across. You won't regret working with Ron.
Ron is probably one of the best traders and teachers I have met who takes complex ideas and turns them into simple explanations...this is very hard to do.