Michael Parness Reviews

Glen   Vancouver

6:17pm on Thursday, October 29th, 2009 

I have found Micheal Parness to have a very good insight to the market. I have read his blog for almost two years and he has made some really good calls. He was bearish from the beginning of 2008 until just a few months ago. He thinks all the govt intervention is bogus but he thought the market would go up so he went long. He didn't call the exact bottom and we was still bearish as the market rallied from the bottom. But he always advises to set stops and use proper money management. Once he realized the market was going to rally he cut his losses and went long.

Don't take my word for it, read his blog, its free.

Phillip   New York

7:36pm on Saturday, October 17th, 2009 

Why would anyone want to use Michael Parness to "improve their lives"? his program is okay, nothing you cant learn on your own from a ton of other sources. But mostly, he is an awful person.

Bob   Ventura

2:00pm on Saturday, October 10th, 2009 

I signed up for the 30-day "free" trial and got the book (trash) and CDs featuring "Tiny." All garbage.
Two weeks later my VISA got charged for two months membership. I called and said "no way." The guys insisted that I was a member and would pay. I sent the stuff back to their warehouse and got credit.

A complete scam. I am surprised that CNBC permits his spots

Travis   Denver

11:45pm on Saturday, September 19th, 2009 

All the negative comments on this board are amazing. Is Michael Parness a crook? No way. Is he a nutcase...absolutely. Is he a great trader? You better believe he is. Micheal Parness really is a millionaire and he did turn very minimal amount of money into a lot of money. That was back in the late 90's when the market was going boom. He still does quite well in the market. He is not worth what he used to be. The Free trial is the catch to get you to joining the program. If you sign up join the chat room and that's it. Learn what they teach you and follow their calls. DO NOT sign up for "coaching". This is run by a bunch of corrupt mormons in Utah and they don't care about you, all they want is your money. Trendfund gets a percentage of these "upsells". As far as the testimonials you see on the infomercial...they are real. Everything these people submit is documented. They must provide proof of their gains or losses in great detail. There are no false testimonials. These people have really made what they said they made. Trenfund is not what it used to be and that is because of poor management (Parness). When he is in the chatroom and he is making calls...people are making money. Take this for what its worth from someone in the know.

To ken minooch, chicago--he has shown his profits many times.

To Jaime, Seattle, WA--you are as clueless as they come. You realize how illegal that would be in today's society? Did you quit school in junior high?

To Zach, Long Beach, CA---don't get the coaching. Again..these crooks from Utah run this program. This was Trendfunds downfall making a deal with them.

K   PA

5:12pm on Wednesday, September 9th, 2009 

I purchased the book and DVD for around $7. I received a phone call from one of his employees, and he claimed he had to choose ten people to use for Michael's testimonials. We chatted for a while, and the guy added it would cost $12,000-$16,000 to enroll in the program. When I told him I would have to research this (talk to my former financial adviser and Google some information), the guy got all pissy and said I wasn't looking to better my life and I wouldn't make any money with stocks knowing what I know now (funny, since I made 5K in the past two days). What a SCAM. Though there's no harm in ordering the DVD and book. I haven't watched the DVD yet, but the book is decent (I'm halfway through reading it). But yeah, $12,000 - $16,000? I think not, Mikey! And if it's so great, why is the guy on the telephone working there? Why isn't he using Micheal's secrets to make tons of money himself? BUSTED!

karl   Illinois

1:58pm on Wednesday, August 12th, 2009 

Yeah this guy and the chinese guy you see on yahoo ads will get you really rich. Oh and don't forget about Crammer, those guys are full of b.s.

Waxie   NY

2:58pm on Wednesday, August 5th, 2009 

I can't stand this moron- I'm so glad other people hate him as much as I do. He needs to fix his crooked goatee- if he made so much money he'd be a little more well-kept. I wish I could jump through the TV and beat the piss outta him. If you want to learn how to trade go work at a trading firm for a few months.

Andy   New meico

2:25pm on Monday, August 3rd, 2009 

Alex didn't buy BCA he bought BAC Bank of America and Citi bank (C) BAC has done very well but I wouldn't hold onto it very long. Citi hasn't done much of any thing I made thousands on both doubled my investment in 5 months but I didn't use a specific system buy hold sale when you made the profit you want don't be greedy FREE advice

Early Bird!!   Arizona

3:13am on Friday, July 31st, 2009 

I'm so glad I read all these posts!! There are far more negative posts, than positive about this guy...who incidentally I have never heard of!

I hardly ever get "Conned" by these so-called Guru's, in any business opportunity, but I must admit that it was tempting to buy-in to his program...Until I read all the *BIG BUTS*!

I guess the scam is to get you to buy into the "Coaching" program for $10k - $15k, after you have been suckered with the FREE DVD & book!!! That is where his real money is made...If you are stupid enough to fall for it!! 'Hasta La Vista' Baby...and thanks, comment posters!

bernie   North Carolina

11:54am on Wednesday, July 29th, 2009

Perhaps the "I made" boast is gross (i.e., his profitable trades). Lets hear what he netted!

ken minooch   chicago

8:09am on Thursday, July 16th, 2009 

please ask michael to show his profit and lose statement from sept.2008 to the present that will prove his trading profits
i will be willing to bet that will never happen
that is the only proof that he made that much money
good luck to all i will be waiting to see the proof

jeff   here

1:55pm on Wednesday, July 15th, 2009 

Parness is a LIAR!

Anoymous trader w/ a book to sell   miami

4:43pm on Monday, July 6th, 2009 

I just wish CNBC would stop airing this meat heads commercials. This guy puts the "shamwow"
guy to shame....i cringe every time i see this guy,hear his voice.

nancy   clemson

3:50pm on Thursday, July 2nd, 2009

if it sounds too good to be true, it probably is bogus!!

djhbutler   Los Angeles

12:37pm on Thursday, July 2nd, 2009 

I ordered and read Michael's book...I found it insightful and helpful though not the be all and end all of trading...but it is a very helpful tool along with hard work. What I have noticed about the critics below is not one of them comments on Michael's particular ideas but in general on the notion of a guru...not very substantive criticism in my opinion.

Mark   Scottsdale

6:25pm on Monday, June 29th, 2009 

This guy is just a sales idiot. Anyone that sends him money should be shot. How can you possibly watch those commercials and take this moron seriously? Unfortunately he probably made his last $1 mil on this and not trading.

Alessandro   Europe

2:53am on Friday, June 26th, 2009 

I just checked his page Trendfund.com. Forget it. But his book Rule the freaking markets is really good and very helpful.

Alessandro De Sica   Location unknown

10:52pm on Thursday, June 25th, 2009 

Hello,
I am not a Trendfund-Trader and I think I never will
be, but the only thing I can say is that I read the book Beherrsche den Markt, the german title of Rule
the freaking markets, and Parness tought me nearly
everything I need to know about trading. I trade warrants. I am not a fan of his homepage.

Ciao from Europe.

Alex   Illinois

12:48pm on Sunday, June 14th, 2009 

Thanks James from NC,
I bought BCA on 3/9/09 at $3.50 and sold on 5/11/09 at $13.15 and C at 1.15 on 3/6/09 and sold at $3.37 on 5/12/09. I invested $25,000.00 total for both positions, my return is exceptional.

You have to focus more on positive and only be aware of negative, then you will see the result that will make you happy!
Not everyone like to be Tiger Wood or wnat to be a Tiger Wood, investment as well, you need to learn to acquried workable knowledge and apply in a positive fashion.

I have my own rules, if I expcet stock to move up or down or side way, and if not move in direction as plan in three weeks, I will be out buy lower limit or miss direction time out, and if it move in prefered direction, I will stay in for maximum of 90 days!!

For pepole those who's have a bad experienced, may want to be more focus on positive information!

Alex, Illinois

Anonymous   Location unknown

1:04am on Thursday, June 11th, 2009 

the guy is a crook.

Jaime   Seattle, WA

9:03pm on Saturday, June 6th, 2009 

Has any guru ever made riches doing anything they preach about? I'm pretty sure these guys dress up nice for their infomercials so that you think they're rich when you sign up for their "free" trial.

Ever wonder why you can only pay the $6.95 shipping & handling on "free trials" via a credit card? These companies don't profit by selling books containing helpful advice from gurus. Nor do they profit by offering free trials where the shipping rate is far above a reasonable amount.

The real money they make is by charging peoples' credit cards in the hopes the person won't notice in time to charge it back, or by signing up those individuals who aren't bright enough to see through this and end up joining a subscription plan. Regardless of which guru you choose to get bilked by, you can rest assured that ALL of these "free trials" are offered as a means to enroll your credit card into a monthly program that bills automatically.

You might notice a random charge ending in $".95" two days after your order or not realize it until months or years later, but if you look closely enough at your bank statement you'll see it and when you do you'll finally realize how people like Michael Parness make so much money.

I'm not stating this because I got scammed because quite frankly it's glaringly obvious how much of a scam all of these "programs" are. I'm saying this because I used to work for a bank and saw that side of things all the time. I've had customers who lost thousands of dollars because they were too aloof to notice $79.95 coming from their account each month for the last several years. I've seen customers with multiple charges in one month that all originated from the same scammer who enrolled them in 10 different programs while claiming to need their card info to cover the shipping of a "free trial."

These gurus help illustrate the catch 22 of the financial world: did the people poor enough to buy these programs thinking they'd be financially liberated become poor because they're stupid? Or did the people stupid enough to buy these programs become poor because they spend money on things like this? Let's see a self-help guru answer that question.

Thomas B Lighthouse III   LBI, NJ

3:25pm on Friday, June 5th, 2009 

I have been a stockbroker, investment adviser and/or financial adviser for going on 53 years. Anyone who submits to you that the services referenced here are positioned to assist you have either been fooled, are part of the 'service' or are confused about their unrelated investment successes. Betray the lazy and misguided and educate yourself ... for free. Read, study and KNOW your investments. If options are your game and you like a short gut iron condor, master the inputs (company & market dynamics) of those involved and understand as much as fruitfully feasible concerning the betas. Anyone who proclaims to have reached a position of success here, in this chat, has done so not through the referenced tools, but through hard work and many failures / varied experiences.

Dummies   Who Cares

11:24am on Friday, June 5th, 2009 

Hi folks. I turned $1.43 into $30 million in just 17 minutes using my top secret (and very proprietary) trading methods. Why practice the tried and true approaches (of those like Warren Buffet) when you could be like me … a winner, on a secluded beach (with gorgeous women and tasty drinks) surfing the internet on my I-phone!!! For just three easy payments of $199.99, I will teach you how to be a market winner!!! Sound a bit pricey? After you float through my training seminar, your first trip will be to your local farm market where you will invest $49.99 in a BRAND NEW wheel barrel. Your next step will be to execute a few transactions as outlined in my tutorial. Your final step will be loading your BRAND NEW wheel barrel full of gold bars, coins, very large (are rather rare) stones and gems … not to mention cold hard cash (space permitting)!!! Sounds easy … and it is. Come on folks. Join me? In the time it took me to write this comment (read advertisement), I could have turned my $30 million into literally trillions of …. holy sh*t...

jim   mccans

6:52pm on Wednesday, June 3rd, 2009 

How about automated trading. Turned $1,000 to $1M in 10 years! Up over 1,000% in 2008 not too shabby.

Dan Duckworth   Tempe AZ.

10:57am on Saturday, May 30th, 2009 

All you negative Nancys can kiss off. I'm trading successfully using the tech. in waxies material. It's real simple. figures don't lie and liers don't figure.

Vic   Iowa

2:55pm on Monday, May 11th, 2009 

I have NEVER seen one of these "experts" advice work yet. Why would he want to make us all so rich if he had some proven secret method that actually worked? He will get rich alright, off the people he dupes into his program. Folks, there's NO free lunches so quit looking!!

Stan   Minnesota

9:34am on Saturday, May 2nd, 2009 

While I encourage people to educate themselves, learn about markets, learn about investing, etc., there is one important fact that should be glaringly obvious: there is no foolproof method of stock trading. How do we know? Because foolproof means it can't lose, and therefore people employing a foolproof system would be on Forbes list of richest Americans. There are no stock traders on this list (there are stock investors like W Buffett). If any trading system was "can't miss", these geniuses would be on the list. They aren't. Trading is fun, but don't bank on making an easy fortune. Look to the real legends for sound advice: Buffett, Lynch, Templeton, Graham, Philip Fisher.

Pro Trade   NJ

11:49pm on Sunday, April 26th, 2009 

I find it amazing that after 18+ years of trading SUCCESSFULLY (prop in all time frames) that people will buy and subscribe to all forms of "WEAK" information about the markets. The technical analysis in virtually every book, except a rare few, repeats itself, the authors have rarely traded or have had to make a full time living out of it. My Challenge: Take any analyst, any sales trader, many prop-traders at firms and set them out on there own, and I can with a good deal of confidence say they will not be making the same cash as if they were with a firm. Why? they have no salary, bonuses, med benefits and there own money is on the line! Not the large amounts of cash firms can supply! Want to experience stress and truly test how good you think you are? GO for it! There is nothing wrong with writing newsletters and good websites, but are rare. Do you not think most of these so called GURUS make most of there income from selling their goods? Thank you to those TRUE Pros who know what they are doing! They are usually not all over the info commercial circuit!

james   nc

4:37am on Friday, April 17th, 2009

SORRY I MISS SPELLED THE STOCK SYMBOL I BOUGHT IT SHOULD BE bac not back sorry good luck to everyone

jAMES   NC

5:09pm on Thursday, April 16th, 2009 

All i know is I bought back at 2.68 and sold 11.21
my account went from 25k to 105k in less than three months and i just bought some aig at 1.24 a few days ago and it's already up to 1.69 up about 42k on this one. buy low sell high i'm out at 2.15 on this one good luck to everyone

Matt   Utah

7:24pm on Thursday, April 9th, 2009 

Anyone who thinks they can read a book (any book) and become rich is an idiot! It takes practical application, which also means practical knowledge. If anyone can tell me a better way than by one on one coaching go ahead. You fools that doubt this are obviously hurt because of your losses and wont change to make it better. You can think about it all day. But until you DO something about it, you will never change. Michael and his staff of coaches are incredible. It works. Be teachable.

Ed   CT

7:48pm on Wednesday, March 25th, 2009 

Obviously some of these posts are from his flunkies....this is total crap.

Zach   Long Beach, CA

5:22pm on Thursday, March 19th, 2009 

I ordered the trend trading book for $6.95, now I get calls trying to sell me the coaching program. The program is $10k - $15k.

Kumara   Fremont,CA

8:02pm on Wednesday, March 11th, 2009 

for me most of his option pick were winner and very few loser.. i started with investment of around $5000 in January and now sitting around with $16500. Dont know and dont care really whether he made $7million, but the success rate of his options were amazing. I would also recommend angel pub for those for who are interested in option trading. They are very conservative than Michael's but very good..

sonny   pa

11:11am on Tuesday, February 24th, 2009 

I took his ninja and option trader trial ....guy is not human ..almost every single freaking cal worked . Its scary how can he call the markets with that kinda accuracy

Nick   Los Angeles

6:15am on Tuesday, February 10th, 2009 

I've read only one of Michael Parness's books but have been a Ninja Trader at Trendfund for many months during which I've received hundreds of stock and option plays through his e-mail messages and chat room service. His performance during this time has been absolutely phenomenal, so much so that at times I've wondered if he's really human. He has given me and his other subscribers winning trade after winning trade allowing us to make a great deal of money at a time when almost everyone else has been losing money. Please don't think I'm being paid by him to write this because I'm not even sure he knows who I am.

This man is the Tiger Woods of trading! He may make an occasional bogey but his birdies and eagles far outnumber them. Somehow, someway he's developed an incredible ability to call markets correctly. In fact, if I chronicled here all his winning trades for just the last 6 months, the list would extend off the page. I haven't been able to trade all of his recommendations because there are so many but I have made money trading GOOG, BIDU, GS, SPY, AAPL, FSLR and many others. Today I took advantage of his BIDU pick and profited handsomely when the stock rose $15.00. My only regret at this point is that I haven't traded more of his picks because he's been right about BAC, C, AAPL, DRYS, AMZN and numerous others. He predicted correctly the collapse of solar stocks on the day after the presidential election as well as the collapse of the DOW/ROH merger. He's been right about the collapse of the financial stocks although he did switch gears last week when he shocked his subscribers by recommending the purchase of some bank stocks, and sure enough he was right about those too! Many of his winners have been HUGE, often 100% or more in just a few days. He's also developed the discipline to cut his losses short when he's wrong so he seldom takes a big loss. His money management advice has also been excellent, advising traders to NEVER lose more than 2% of their portfolios on any trade. To accomplish this, he almost always advises traders to close out positions before earnings are announced, recognizing that the big moves often come in the days leading up to the announcement, as was the case with the BIDU trade I mentioned above. Most importantly, he trades his own account in line with his picks unlike the talking heads on TV who are forbidden by their employers to trade their own recommendations. I love an analyst who backs up his picks by putting his own money on the line. This man is more than worth the $429 per month he charges me and other Ninjas. Many subscribers pay even less than that if they request fewer services.

I'm constantly puzzled by commentators here and elsewhere who question his motives. They ask, "Well if he's such a great trader, why does he bother running Trendfund.com? He would be better off if he didn't share his picks with others and just traded his own account." This cynical outlook discounts the obvious that he enjoys his work and obtains great satisfaction from seeing others succeed along with him. It's wrong to assume that everyone on this planet thinks only of the money they are making. In any event, shouldn't his doubters take advantage of his free 14 day introductory service to check him out before writing disparaging comments here about his services?

beachguy   southbeach

2:59pm on Monday, February 9th, 2009 

to ; day trader X...
what charting platform you use??

Korey   SLC

11:36am on Monday, February 2nd, 2009 

To everyone one of these people that are calling him a fraud and a scam artist. Pull your head out! Just because you’re not as successful as Michael and because your deals have not gone through doesn’t mean you need to attack him. Everyone knows that you reap what you sow. Michael did, and I was also one to reap what I sowed. Along with thousands of others. Don’t be bitter. Michael you ROCK!!

John   Illinois

6:06pm on Tuesday, January 27th, 2009 

I saw a commercial by Parness and wanted to do some research. I read everyone's posting here. Thanks for some really good postings. I have a couple comments and one question.

I was contemplating that in order to turn $33K into $7 million in 15 months, that is about a 21,000% return in 15 months. (Please forgive my math is slightly off.) I am glad to hear whenever anyone does well for themselves. However, I would find it hard to believe that everyone can get a 21,000% return on their money by reading Parness's books and watching the dvd.

I would have to agree with Rourie in Birmingham, AL. If I had a system that could turn thousands in millions consistently, I would keep quiet and turn the $7 million into $300 million.

After reading A Booth's in Las Vegas, NV post, I was surprised to read that there are coaches that work with you. My question is this, if these coaches are teaching you how to turn thousands into millions, why don't they trade themselves instead of working for someone? Why would someone coach another person to make 21,000% on their money instead of doing it themselves?

bk   texas

1:01pm on Saturday, January 24th, 2009 

I also used his service for a few weeks several years ago... I found out he was front running many of picks. He would issue an alert with a price that was 20 minutes old and have all of his "trading room traders" enter the same stock... It's not hard to make money if you buy a stock and then 20 minutes later 200 or so others buy it on your "recommendation", artificially drive up the price several cents for a short time...

Trader Boy   ATL, GA

7:46pm on Friday, January 23rd, 2009 

Trading any market using any financial instrument successfully is difficult;that's why it can be so lucrative. After ten years in varied markets, I've never stopped learning. My number one lesson..."There are NO shortcuts!" Beware of those that make claims to the contrary.

S P   california

9:53pm on Sunday, January 18th, 2009 

I was in his chatroom over 10 years ago when it was called Trendfund. They didn't help very much, I didn't see lots of plays, and some of the moderators were rude. I don't know if it has changed since then. I saw recently he changed it to Trend Trading to Win. Anyone in his chatroom currently and can offer reviews and insights?

hubby   san francisco california

4:45pm on Friday, January 16th, 2009 

I bought the book and the introductory course as I was fascinated in learning how to trade stocks and followed his web site. I joined the trading group, the cheapest one and I couldnot make any money following other people stock recommendations. I did however learn about the 10 oclock rule and some basics. I donot think I can make millions reading the book itself.

ohio Mike   ohio

7:29am on Wednesday, January 14th, 2009 

To Day Trader X

What Charting Platform are you using??

Setting stochastics @ 14,3,5 ?????

Thanks.

Day Trader X   Sunshine State

10:14pm on Friday, January 9th, 2009 

A waste...just get yourself a good charting platform, set a 15 minute chart, set your stochastics at 14,3,5 and just buy when the fast line crosses above the slow line and sell vice versa. Also day trade one stock and get to know it like it was your spouse. All of these fools going in and out of different stocks all day long. Just pick one, master it, and use it as your printing press for cash.

Rourie   Birmingham, AL

1:25pm on Monday, December 15th, 2008 

Okay, here is how it goes. You see, this guy Parness turns three thousand bucks into seven mill in two years. So, what does he do? Quits it all, and goes into book writing, investment seminar writing, investment newsletter writing and publishing. Why? So he can make your rich!

Now, here is what any rational human being would do after turning 3000 bucks into seven mill: keep quiet, shut up, and keep doing it, maybe turn the seven mill into, say, 300 mill.

Most people don't realize that writing and publishing books, newsletters, and investment advisory services is an entirely different business from actual investing.

PJ   San Jose

1:15pm on Tuesday, December 9th, 2008 

There was yahoo ad, which M, Parness made thousand of dollars and promoting his brilliances/product. I bought the book, however I end up paying more then initial as you need a CD and that cause another $10bucks to complete the training from book, plus shipping etc.
I received a call from one of his worker, as I was going thru foreclosure/bad time, this guy took advantage by promising what I can achieve potentially without paying a single cent, if I commit myself to his program. At that momment I was so stressed up and wished for some way I can change my financial luck, so I agreed to accept his help, all he need is how much money I can use or invest to double my investment. I had $3000 in savings and he ask me how much credit I have in my credit card, I had $20K then. He promised if I commit to the program I will tripple the money in a short time..I was excited, once he knew about my excitment, my call was transfer to some other guy, who requested for my credit card number. When I ask why, he said to makesure I will commit to the program, when ask how much payment or commitment will be it was $10,000 and according to him I will be making 10 folds of my investment all I have to do is be committed to their program.
I agree I'm not smart, but not a fool. Trend keep calling me, saying I'm not committed to change my own life blah blah blah..makes me feel like shit. So each time they call me I curse them, now they stopped

Bill   Florida

1:45pm on Sunday, November 30th, 2008 

I'm watching Parness' basic training videos now, and frankly they are very much in line with what successful traders do. I think the communication skills of his team are limited, but they definitely know what they are talking about.

But I also think the thing to realize is that it takes years to build an understanding of the history of specific equities, commodities, and indexes to be able to move rapidly on opportunities. So a new trader is likely going to fail for a while if they try to lear on their own. I say this having been a series 4,7,8,and 24 broker for 6 years- and having traded over $100m of securities in my career.

I think that the smart new player begins slowly and trades on obvious plays like positioning to take advantage of window dressing. New guys who rush in will probably get hurt regardless of who trains them.

Schippi   Hawaii

11:27pm on Wednesday, November 5th, 2008 

Comments about Michael Parness ( 11/04/2008 )

I have only read his published works and have not bought any of his courses or materials. I have been an active investor for decades and my take on trading the current market which is characterized by historically extreme volatility is that the Day-Trading approach which he advocates is the only way to win and be able to sleep at night. As an example I scored monster gains all day on the election day rally and sold everything just before the close. This left me in a perfect position to again score on the next days big decline. It does not get any better than this. My congratulations to Parness and I hope he continues to spread the word.

Schippi

Fred   NYC

11:30am on Thursday, October 23rd, 2008 

This guy is a scam artist. Rule of thumb: those kinds of returns (a) don't exist, (b) misrepresent future earnings potential in an effort to sell a book and a CD, and (c) are mass marketed which by definition means its unworthy. This joker runs around the Upper West Side of Manhattan, apparently, living large off idiots who buy his CD.

Snake65   Bay Area

1:07am on Wednesday, October 22nd, 2008 

Sorry everyone. Please stay away from this guy!
His advice is mediocre at best. Books such as: "Beginner's Guide to Day Trading Online" by Toni Turner is a much better, more thoughtful resource if you are just starting to get your feet wet than "Power Tradng Power Living. Parness' tips and ideas are just too simplistic. I have been trading for years and it's not easy, especially in these markets which have zero predictability and major volatility.

larry   si ny

3:54pm on Thursday, October 2nd, 2008 

First of all as a trader you will never earn that type of money trading in stocks. Trading in options forex or futures you can make it big. I been trading for years an only the pros trade options, futures an forex.

kotting   california

11:34pm on Friday, August 29th, 2008 

Beanieville is much better trader.

Jan T   Sweden

3:52pm on Monday, July 21st, 2008 

Hi James,

Perhaps you can share those 'few basic trading concepts' with the rest of us?

If you share, I'll do the same!

James   New York

11:04am on Sunday, July 20th, 2008 

First of all, I highly doubt this guy turned $33k into $7 mil by trading ALONE. I think he did turn his initial account into $2 mil by getting lucky betting HEAVILY using options in the bull market of the late 90's. HOWEVER, the other $5 mil came from people paying him $400 per month for his "wisdom" by subscribing to his BS website.

Remember for every guy that got "lucky"...and that's all he was, "lucky" there's 1,000 that lost everything. He's no genius and his entire methodology is based around a few basic trading concepts which are no secret or magic formula.

All Waxie wants is YOUR MONEY.

TED   VANCOUVER - CANADA

12:34pm on Thursday, June 26th, 2008

Acording to Your information is excelent.
But Im in the same position IM NOW "O" CASH
LOST EVRY INVESTMENT. I DID TRADE 13 YEARS
NOW I DO HAVE NOTHING. TED KUC

A Booth   Las Vegas, NV

7:30pm on Tuesday, May 20th, 2008 

While his books were a little light on the meat and plenty of bones. The training I received from his program was amazing ! I am now a consistent trader only doing my trades in about 5 hours a week. The coach I am working with has tailormade a program to my style. I know have more tools in my chest and am now confident.