Lenny Dykstra

Can a Former MLB Player Really Show You How to Pick Winners...?

Lenny Dykstra, nicknamed Nails, is an unlikely name to pop up along side Jim Cramer and the other experts at financial advisory site thestreet.com. Despite having no formal education in finance Lenny has earned an outstanding recommendation from Cramer and has steadily grown his own reputation as a trading guru.

Lenny’s rise from professional baseball All-Star to Options trading success story is an interesting tale. When his baseball career came to an end after 12 seasons Lenny applied his aggressive playing style to his personal finances.

After realizing that his 1 million dollar mutual funds had dropped to $400,000 he quickly pulled them out into a savings account. He then proceeded to zealously learn everything he could about trading in order to take full control over his own investments.

His major league fame helped him score the services of some of the best traders around and his natural grasp of finance made learning speedy and smooth. With the help of Richard Suttmeier, chief market strategist for Joseph Stevens & Co, Lenny Dykstra developed his own trading strategy, which focuses on deep-in the-money calls.

With this new risk minimizing strategy Lenny went back to that $400k sitting in his savings account and began an impressive investing run. He claims he was able to turn that $400k into 5 million dollars.

This may seem like an unbelievable Cinderella story but Lenny Dykstra is no average Joe. In addition to his investment goals Lenny is a busy entrepreneur, heading a successful chain of car washes, a property development company, and a landscaping business.

Throughout his time on TheStreet Lenny has claimed that over 90% of his tips have made money. He also claims that the combination of his businesses and investments give him a net worth of near $50 million.

Lenny Dykstra's current project is the Player’s Club, an investment fund tailored to professional athletes. His goal is to help athletes maintain their income after ending their athletic careers, a time where they find themselves middle aged and out of work.

Despite Lenny's impressive trading run any professional analyst will tell you that even the best traders in the world can't sustain a winning average for an extended period of time. When you examine their track records over time most trade at or below 50%.

This is why it's important to realize that there's no one guru out there with all the answers. It's up to you to learn as much as you can through a variety of resources in order to understand the big picture of trading. I would recommend using Lenny's tips in conjunction with additional trading resources in an ongoing educational process.

One great tool that I personally use is INO TV, a site where you can view the trading systems of the world's top analysts. These are the exact same strategies they teach at their seminars where a seat would cost $2,000 -$3,000.

It's surprising that most people don't know about such a great resource that thousands of traders are using every day to improve their trading skills. The best part is that it's free to join. Click Here For More Information.

Best of Luck,
Steve Albright

Would you like to provide a review for 'Lenny Dykstra'? If so click here

Customer Reviews for 'Lenny Dykstra'

Comments to date: 1. Page 1 of 1. Average Rating:

TOM GREEN, PAOLI PA

Posted at 6:45am on Tuesday, November 11th, 2008

lenny coach t and i are coaching together. my wife and i have started a school in paoli called green valley academy.we are looking for funding ideas.can you help us.how is gavin doing.i see cutter signed with the brewers i hope he is as good as you. thanks for your help at conestoga we will never forget it.e mail me when you get time. if t and i had the money we buy your house. thanks for your support greenie. conestoga baseball cocah.