I don't employ stop-losses because I actively monitor the picks every day, so I do not see a need for it. The market reacts differently to various situations. In short, it is not part of my deep in-the-money calls strategy. Instead, I trusted my system and was rewarded with a $7,650 win.
Always remember: Life is a journey, enjoy the ride! Lenny Dysktra manages Nails on the Numbers, a subscription service sold by TheStreet.com. He is 81-0 this season on his options picks. Dykstra writes regularly about options trades for TheStreet.com.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,270.47 | 1,093.48 | 2,167.88 | 34.29 |
Oil *
75.55
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|
UP
73.00
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UP
6.24
|
UP
18.86
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DOWN
0.17
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10 Yr
3.43%
SPDR Gold
109.74
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|
+0.72%
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+0.57%
|
+0.88%
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-0.49%
|
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