Dykstra: Your Questions Answered

Winning isn't everything, it's the only thing. However, in order to win, you need to know the ground rules first. Readers of my newsletter, Nails on the Numbers, have a big advantage. My system has led me to an 87-0 record in 2008 while taking $226,550 to the bank since I began the service in March. Readers that have followed along have had access to the info on all my trades.

I get questions all the time from people interested in learning more -- both subscribers and people that are considering subscribing. Here are some of the most common questions that I have received recently:

Q: I don't have the time to keep an eye on the TV while I am at work. How can I keep on top of my trades without watching the ticker all day long?

A: Most days I will watch the market very closely, but there are days when I have to travel to another city or will be in a business meeting while the market is open. I obviously can't stay glued to the TV all the time.

Many of my readers check the stock price several times a day or even at the end of the session. The key is to watch for the "Next Buy" levels in my Stat Book. Some people place their limit order for the option right when it hits that next buy level. Others that check the market activity less frequently will place the order later. They may actually end up getting a better price than those who bought immediately -- that is if the stock continued to fall. They may also have missed their opportunity.