I have interacted with Ron on several message boards and one-on-one. I have also attended his webinars on options trading. He is one of the rare traders that knows what they are doing and are constantly working on improving. He genuinely cares about his students and is willing to go the extra mile to ensure their success. He breaks complex concepts down to easy, digestible and actionable steps.
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!
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.
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.
I’ve received many valuable trading insights from Ron Bertino. His understanding of successful trading strategies and disciplines is both deep and broad at the same time. Options trading is a unique investment sector and requires quantitative as well as conceptual understanding to become consistently profitable. Ron is able to describe complex and interrelated ideas in a clear and simple manner.
He also digs deeply into the concepts to get a handle on the correlations between price, Greeks and trade structures. I highly recommend your attention to his trading thought processes and market wisdom.
I was fortunate enough to not fall into the traps that a lot of newbies fall for, in part due to Ron's videos and group chat discussions. His trade setups such as STTs are very creative and his explanations are very clear. Ron's weighted vega presentation was certainly was very educational and it cleared (via historical trades) a lot of the common misconceptions. He also mentioned a kite adjustment which saved me some pain. I would highly recommend Ron as a mentor as there's a wealth of knowledge to extract from him.