Using the SVOL reverse VIX ETF along with the UVXY leveraged ETF i am able to hedge my risk to my portfolio. I've actually been gaining on this strategy too so in this market I found this hedging strategy to be very reliable
Congratulations and well done for sharing your first idea with the community. Hope you will be having great experience. Thanks for your contribution. From mod @Bravetotrade
JasonLeighton
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@Bravetotrade, Thank you :) I've been trading for over 7 years now in both Forex and Stocks! I was in on the Bitcoin rally but i personally think Bitcoin is going to burst. Stocks have a long history of being bullish so i know after this bear run due to recession fears are over i'm going to stop hedging and just retain profits :)
JasonLeighton
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If you guys want to hedge for risk in this current market, this is a great option
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade