Lenny Dykstra Reviews

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 recommend is Free INO TV where you can view educational training videos from some the world's top analysts. This is the type of information you'll get at seminars where a seat could cost thousands of dollars.

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. Click Here For More Info.

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Customer Reviews for 'Lenny Dykstra'

Comments to date: 7. Page 1 of 1. Average Rating:

Jack Pre Philadelphia, PA	11:06am on Tuesday, August 4th, 2009
How many times was this guy hit in the head with a baseball? You sell your car washes and make $55 million, and rather than sit on a beach and drink Coronas while earning $2 million a year in interest you become a day trader and blow $100 million ... hard to take advice from a guy sitting in a home with no furniture and a dirty car.
Richard Montogomery, Tx	12:27pm on Thursday, July 9th, 2009
Didn't he just files for bankruptcy today. He can't be doing all that great. I can't believe Cramer backed this guy. Makes you question Jim's integrity.
Rodger Fitzgerald Philadelphia	12:48pm on Friday, May 8th, 2009
hang in there Lenny When a successful person starts having bad luck the first thing the media likes to do is hammer the person as a looser Hang in there awaiting your bounce
CJ Los Angeles	9:06pm on Sunday, March 29th, 2009
Dykstra is a fraud along with James Cramer who touted Dykstra on his website. They sold membership into "Nails on the Number" which never made a profit on options.
Jet Charter California	5:44pm on Wednesday, March 18th, 2009
Lenny Dykstra is a scam artist and crook. He has defrauded numerous private jet charter companies and continues to try to to steal services from private jet owners in support of his false claims to be a successful businessman. There are numerous judgements against him and his "The Player's Club" magazine.
Concernerd Mid-West	11:19am on Tuesday, March 17th, 2009
Lenny Dykstra no longer has any of the businesses that you listed above. He slowly liquidated the car washes because he couldn't pay his bills, with the last of them being sold at the end of 2007, so I am told. His landscape business was just a couple of guys with a lawnmower and a minivan, which has also gone by the wayside. He sold the only development project that he had going because he didn't have the funds to finish it in early 2008 and he failed to close on any of the other developments that he was trying to work in the last couple of years. I'm sure that if you do some homework, besides asking Mr. Dykstra, you will find that everything stated is true and his debit is actually very close to outweighing his assets. Just thought that your readers should know the truth about people that you place on pedistals. I beleive that, in this economic climate nobody can afford to put their trust in the advice of anybody that can't even keep their own finances straight.
TOM GREEN PAOLI PA	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.