Creating a Hedge with ProShares Ultrashort QID [View article]
Just remember to cover your hedge if the market turns strong against it. I put a 10% hedge with QID on Mar 2, 2007 when the market got ugly. Yeah, it worked for 2 weeks then the market turned and up and it got clobbered all the way to November. Lesson learned: Don't wait for the pain to hedge. Do hedge after your portfolio has made huge gains and you want to protect profits. When the market is making new highs and it things couldn't be better that is when you should hedge.
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Creating a Hedge with ProShares Ultrashort QID [View article]