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By the way totally open with how to reduce risk on some of what I'm doing. I know I could go out and buy puts to protect from the down side or even put together some spreads. Ideally I'd to maybe buy UVXY or VIX or know how to do that with LABU/LABD on these biotech plays.

Hey there Eighteen. Thought I'd chime in here as a new user as well [ was actually researching some issues on the internet with MA taxation on short term gains for my taxes and came across this forum ] I too have an annualized 3 year return that is doing much better than the pros ( I'm at 39%...