The Financial Advisor Update
Dykstra: Stick to Your Guns
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.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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