The Financial Advisor Update

Dykstra: Stick to Your Guns

Stock quotes in this article: ADM , UTX , HAL , MSFT , CAT , TXN , CHK  

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...
  •  
1 2 3
Next >

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
At the time of publication, Dykstra had no positions in stocks mentioned.

Nicknamed 'Nails' for his tough style of play, Lenny is a former Major League Baseball player for the 1986 World Champions, New York Mets and the 1993 National League Champions, Philadelphia Phillies. A three time All-Star as a ballplayer, Lenny now serves as president for several privately held businesses in Southern California. He is the founder of The Players Club; it has been his desire to give back to the sport that gave him early successes in life by teaching athletes how to invest and protect their incomes. He currently manages his own portfolio and writes an investment strategy column for TheStreet.com, and is featured regularly on CNBC and other cable news shows. Lenny was selected as OverTime Magazine's 2006-2007 "Entrepreneur of the Year."

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,344.84 1,095.63 2,144.60 32.01
Oil *
78.55
UP
34.92
UP
4.14
UP
6.16
DOWN
0.30
10 Yr
3.20%
SPDR Gold
115.65
+0.34%
+0.38%
+0.29%
-0.93%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services