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Michael J. Parness Chief Executive Officer and Founder Trendfund.com Michael's best selling book, Rule The Freakin' Markets! (St. Martin's Press, 2002), has provided thousands of individual investors with practical trading tips for reading the markets and trading with confidence - without the help of brokers or analysts. His second book, Power Trading/Power Living will be available soon. His "everyman" approach to trading breaks down the market into historical trends or market tendencies, which provide explosive short and long-term market opportunities to his members. A legendary trader who famously turned a few thousand dollars into several million, Michael serves as Trendfund.com's lead financial advisor, guiding thousands of subscribers who seek his trading expertise in both bull and bear market conditions. Like all Trendfund members, Michael uses an online persona; his trading name, "Waxie," is a nod to a former career in sports memorabilia. Offering resources to traders at all levels - from housewives to Wall Street analysts - Trendfund.com helps its members take control of their money through analysis and tips from Parness and his team, interactive chats, real-time news, personalized trading classes, and pre- and post-market intelligence. Michael is a native New Yorker whose first entrepreneurial venture was the creation of a sports memorabilia company called Waxman. Over a ten-year period, Michael built Waxman into New York's top provider of sports collector's items. After taking a broker-friend's bad advice and losing his life savings, he developed an interest in the financial markets, and spent his spare time researching market trends and developing his own theories on market behavior. Determined to earn back his losses and vowing to never use a broker again, Michael began trading for himself, with the moniker "Waxie." Making use of the skills and instincts he cultivated through years of careful research, Michael turned $33,000 into more than seven million dollars in less than three years. Michael is regularly consulted for investment advice by major media including The Wall Street Journal, CNNfn, CNBC, New York Post, FOX News, Financial Times, Business Talk Radio and Crain's New York Business. His informational trading seminars draw thousands of attendees across the country, and he has guest lectured at UCLA and Tulane University. At Tulane University in Spring 2004, Michael will be the first graduate level teacher in the country to focus on Day/Trend Trading. His "Trend Trading To Win" infomercial has sold over 100,000 trading courses around the world on how to make money in any market. An award-winning playwright, Michael's work has been produced extensively in New York and Los Angeles. His screenplay, "Random Acts of Kindness," is a two-time Sundance Institute Screenwriter's Lab finalist and his first feature film, MAX & GRACE (www.maxandgrace.com) is being released in Spring 2004. In addition, Dustin Hoffman's Punch Productions is producing an autobiographical film based on Michael's life. Michael, 40, after returning to school, finally graduated Summa Cum Laude from Hunter College in New York City, and holds a Bachelor of Science degree in English. He lives on Manhattan's Upper West Side where he continues to rule the freakin' markets every day! |
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