Power Trading with Michael Parness

If you've seen your investments in the stock market dwindle into a worthless load of share certificates only good for papering the wall with, then you'll definitely take pleasure in listening to this next Business of Success interview. Here we speak to Michael Parness who back in 1998 as a struggling playwright and screenwriter decided to leave the stability of his sports memorabilia business to take up his craft full-time. Then on the advice of a stockbroker, he invested his nest egg of $150,000. But October 1988 crash gutted his portfolio by 80 percent and his stocks failed to recover.  Now this is where it all gets interesting. Broke and living in a tiny low rent apartment, Parness in 1999 set out to exact his revenge, and did so admirably. He opened an Ameritrade account and within 15-months he turned his $33,000 into SEVEN MILLION DOLLARS! 

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This is a wonderful opportunity to hear Michael Parness, author of Rule the Freakin' Markets and Power Trading Power Living as he shares with us how to profit in any market, Bull or Bear.  Listen in and discover how he turned his failires around and beat the market, hear what stocks to watch out for, and what opportunities there are for trading in the market right now.

 

Parness went on to found Trendfund.com and is now lead financial advisor, guiding thousands of subscribers who seek his trading expertise in both bull and bear market conditions. Using his an online persona; his trading name, "Waxie," is a nod to a former career in sports memorabilia.