Michael Parness is a day trader who went from sleeping on park benches in New York City to a wealthy trader on wall street.  Michael Parness has wrote such titles as Trend Trading To Win, How I turned $33,000 in to $7 Million in Fifteen Months-and Here's How You Can Too, Rule The Freaking Markets: How to Profit in Any Market, and others. These stock market "get rich quick" strategies have been growing quite popular do the large amounts of easy profits that they promise.  Many authors out there offer similar products, but they all seem to have the same hold ups. I got a chance to test out Michael Parness's Trend Trading program for a while before I found my current investment system.

Michael Parness's program requires a $400 investment monthly, now for someone like me this was a large chunk of change. So I really wanted to make sure everything went smoothly.

The problem I ran into with his books and programs was they just seemed to be telling Michael's story and didn't have enough hard facts and techniques for a beginner like me. They talked a lot about the psychology of markets and not the technical side. This made it hard for me to get started since I don't know a whole lot about the stock market. That is part of the reason I enjoy my current system so much, it took no experience to get started with it.

Day trading is a very risky strategy. Michael Parness even states it himself. I highly suggest you do your homework, and practice before you jump into day trading with your own money.

Overall I would not recommend Michael Parness's system unless you are very a experience day trader looking for new strategies. I felt Michael Parness's system could of used more hard technical facts, instead of talking about market psychology, and his story. Especially since I was coming in as a beginner to day trading. It took me a while, but I am glad I finally found a opportunity that works for me.

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