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  •  
    Testimonials

    Archived Testimonials

    Thank you for the trader alert-- Updates
    I find the updates a GREAT HELP in two areas

    1.knowing that the trade is live (when I hesitate getting in a trade I wonder for days that maybe I should have been in the trade and then when the update comes--that takes all the doubt away.

    2.The update helps in knowing when to get out of a trade when the trade is making or looseing money

    To day after your update I sold 15 HLF@1.85 and made approx $800 and before your update sold 15 EBAY@ $2.06 and made approx. $500 Still holding 4 BNI @$5.20 and first time ever I am trying a Short trade holding 200 AMED@$36.90

    - G Moore (Received Dec 19, 2008)

    Hi all,

    Lest you think I am not grateful, I would like to extend my appreciation for your services; I am glad I found it.

    Waxie's calls have been superb, especially those in which I took some positions ... BIDU, TSO, AKS, MSFT, SU, ANF (and a few others) have yielded me some decent returns of late. On the other hand, I missed significant profit potentials on HLF and MGM, both of which popped just 5 minutes (HLF), or a day (MGM) after I closed them out. In both cases I was not sure if I should wait for your call to close them out. I take full responsibilities for my positions; and I hope to develop better judgment of when to wait for your Exit calls. Any tips on this here would help. I am also eagerly waiting for the Window Dressing Lists; if the JE list is any indication, that should be a doozie as well.

    At this point, I am Even on the JE list; although I get the sense that bumper days are ahead.

    Tiny's call on GOOG yesterday was nothing short of a masterstroke. Just to appease my cynicism, two more calls of such precision Tiny, and I will annoint you the Tiger Woods of Technical Analysis. I also appreciate your words of wisdom and sense of calm, in your tech take videos as well in the chat room.

    Scott's orientation session last week was perhaps the best I have attended (anywhere) in a long time. Not only was I able to sit through the entire content-rich 4+ hour session, but I was actually able to follow the lecture; it was structured, lucid and most importantly, conducted with a lot of patience. I am looking forward to attending more sessions in the weeks and months ahead. I hear good things about the MB service; I will join when I am better organized. I will write to you soon to set up the montly coaching sessions.

    The quality of the chat room, especially these last two weeks have been very good. I am beginning to like Gap Fades and Swing Trades. An occasional Day Trade is fine by me, especially when the momentum is very clear.

    I appreciate Sally's prompt responses and support. I am sure you do a lot more in the background than what I am aware of.

    I am hoping tomorrow will be a good trading day (obviously would like it to favor my positions).

    Happy Holidays to you all. Best Wishes for a Better 2009.

    - Prakash R (Received Dec 18, 2008)

    i'm a believer.. made madd money with u over past two years..$300k+!!

    - Jim B (Received Dec 17, 2008)

    I love u waxie!!! Made a kiiling on BIDU

    - Hedeshian (Received Dec 17, 2008)

    Sweet, I bought a Jan $100 call option contract last week for $2230, sold it in less than a week for $4200. Started with $8000 in Aug. have about $14000 now, that's pretty much just trading your option picks, minus some of my mistakes.

    Thank you, I am a believer!!!

    - Jon (Received Dec 17, 2008)

    THAT'S WHAT I'M TALKIN ABOUT!

    Bought 10 contracts for .75 at 1:50pm. Sold 6 contracts for 1.50 at 3:20 pm.

    100% profit on the contracts sold within 90 minutes!

    Holding on to 4 more contracts and hoping for 200%+ return on those.

    Thanks!

    - Nathan J (Received Dec 17, 2008)

    I chickened out and sold them out for less. Your other picks are rocking!!!!! You the man. Keep them coming!

    - Fred (Received Dec 17, 2008)

    Waxie,

    Great call on TSO today. I bought the calls at 1:51 PM and sold half off at a double at 3:25 PM...so basically 95 minutes to double!

    That's pretty damn impressive - thank you! Is that a record?

    I guess while I'm at it, I should also be thanking you for the smokin' hot JE list, and oh, let's see.... maybe for helping me increase my portfolio by over 500% since August?! I can only shake my head in wonder as I've watched my account go from 5 figures well into the 6 figure range, and it doesn't look like we're going to be slowing down anytime soon.

    - Jeff L (Received Dec 17, 2008)

    Hello Waxie,

    AAPL right
    BUCY right
    FXE right
    ICO right
    NVDA right
    OIH right
    PRU right
    TM right
    (Partial List)

    You're right more often than any other trader I've ever seen. While almost everyone else is losing money big time, you're ruling the markets. You covered my tuition a long time ago.

    - Nick C (Received Dec 11, 2008)

    Thank you Sally for the directions.

    Also, If you are sitting anywhere next to Mr. Parness please wish him Merry Christmas and thank you so much for the BIDU option pick.

    So far today I am up $180,000 and still climbing. Yes Virginia, there is a Christmas.

    - T Marek (Received Dec 11, 2008)

    Newbie here and just wanted to say thanks waxie my first day trading with you and scott and i made $8227.00 ka-ching. I like the morning breifing that i signed up for also. I am 42 and just sold my bussiness to trade fulltime and i think you will help fulfill my dream. Thanks

    - Taylor (Received Dec 09, 2008)

    Waxie
    thanks for making things crystal ball clear, and thanks for the numerous blog postings.

    Some of us (myself included) are more swing traders, than day traders. And the intermediate term momentum shifts are what I look for the most.

    Since i signed up as a black belt w/ trendfund, you said:

    1) WAIT to short till the Russell hits 750 (top 10 Tech shorts class) -that entry was absolutly perfect I shorted GOOG from 510 to 260 w/ the Dec puts you called off that.

    2) WAIT to short till the SP hits 1000 (on the Obama election run up) - that entry was perfect (i cant even recall the huge list of shorts i killed off that one)

    now, 3) WAIT to reload till obama gets sworn in to reload short.

    THANK YOU!!!

    Some of us (well ill speak for myself) might be a lil hard headed, when we have been raking in the CASH here big time just shorting the crap outta GOOG over and over again. So I appreciate the emphasised effect, i do.
    We all (to some extend) can fall in love w/ trends.

    LONG CY (since friday after the gap down) FYI

    - Erik (Received Dec 06, 2008)

    Mr. Waxie.......and you do deserve the Mr....
    A friend of mine has been reading your blog for over a year. He told me to start reading it about 5 months ago.... I had a hard time thinking that your predictions would be accurate....I am simply amazed by your ability..... I have gone back and read blogs you wrote in jan. -Feb and many other months....your predictions hold true.... I am ready to pay for your service...I am sick of getting ruled....I own an insurance agency and I get emails all day and have the ability to trade when I want....I would like some advice on what service to sign up for....

    - Terry B (Received Dec 05, 2008)

    Hi Waxie,
    I don't know if you will remember me, but I met you at the Las Vegas seminar in 2006. I was the guy from Alaska. I work full time, so I trade intermittently, whenever I have a lull in the work cycle.

    Anyway, I forgot to tell you in my other email (where I thanked you for the GS puts!), that I am so thankful that you were poo-pooing the market late last year.

    I am a career U.S. Government employee. I'd rather not go into any more than that right now (how's that for spooky) LOL. Anyway, our 401k is called the Thrift Savings Plan, and it's got a very few places you can put your money. Basically a couple of index funds and some gov't securities funds. I had it in the S&P fund until late last year. At that time, you were really emphasizing that we were way overbought. The market was just off its all time highs, so I pulled out of the index funds, and put it all into the T-bill fund. As the correction continued, you were adamant that we were not near a bottom, so I kept it out, and it will stay out for the foreseeable future. That single move, based on your advice, has saved my retirement.

    And I don't say that lightly. It's been my plan to retire in 7 years, and trade full time to supplement my pension. Without you and your incredible foresight of the market, I would probably have listened to the Jim Cramers of the world and ridden my 401k into the ground. I mentioned to a coworker last November that he might want to examine his asset allocation (he wants to retire around the same time I do). He blew me off, saying he would ride it out, dollar cost averaging, etc. Today, his 401k has lost half its value, and he will likely have to work another 10 years longer than he planned. That's if the market stops falling now, which somebody has told me it won't :) Almost everyone I know in my line of work is in the same boat he is.

    So you've basically saved me 10 years of working, Waxie. 10 years of being able to be home with my kids, trading and spending time with them, instead of going to the office. I hate to use a cliché like PRICELESS, but that's truly beyond price, Waxie.

    How do I say thank you for that? I don't know, other than simply THANK YOU! THANK YOU! THANK YOU!

    I'm doing the Waxie jig!

    - Bill N (Received Nov 20, 2008)

    Dear Michael,
    I think you are a genius. I have been reading your free blogspot and have made a ton of money. I am almost ready financially to become a ninja and join your service. You are the very best. I am a good trader but you have made me awesome. Thanks again and keep being you!

    - C Kardos (Received Nov 20, 2008)

    Hi Waxie,

    Thanks for the GS short call - I made a ton on it. As a matter of fact, this is the third time I've made big bucks this year on GS short. Woohoo! Believe it or not, I have DOUBLED the size of my IRA. It wasn't huge to start with, but doubling is doubling!

    - Bill (Received Nov 20, 2008)

    Waxie,

    Great Blog!

    THANK YOU for taking care of your clients, we really appreciate it!

    With your help, I've made a small fortune so far. Keep calling it like you see it. I say a prayer for you every night that we can continue to rock in this market. Best Regards,

    - Mark (Received Nov 19, 2008)

    Excellent call, Mr. Parness!

    - C Diaz-Rivera (Received Nov 19, 2008)

    Hi Waxie
    Thank you for all the calls, I made good money, but these on my testimonials...Please make a bad call so I can believe you are human...

    - P Rao (Received Nov 19, 2008)

    Waxie,
    I would like to thank you for your recommendations; EVERY ONE that I traded on that basis has yielded profits (I won't mention the LVS Call; which I was not sure about .. but took your word for it). It is refreshing to hear someone call it the way it is. I am glad to have enrolled in your service.

    - P (Received Nov 19, 2008)

    Waxie and crew,

    I don't know about rocking, I will let the reader be the judge. After spending much of the first half of this year going nowhere or backwards with the Options trader service, the last few months I have finally moved forward. Now my small trading portfolio has gone from just a tick over $5k six months ago to just a bit over $13k.

    I've also been able to add nearly 50% to my self-directed 401k rollover. I did similar last year. Now to just keep the overall gains coming, no matter what their amount.

    - Bryon L (Received Nov 18, 2008)

    Hi, Waxie,

    First of all, thanks for such a great service!! I am recovering from the seven sins plus fear when I jumped in the market before reading your book and rode AAPL from 180 to 80 on a call. This service is helping me recover as well as giving me a great education of the markets!

    Should we continue to hold GME in anticipation of Thursday or cut them in this volatile market?

    Thanks for all you do!

    - Bethany G (Received Nov 18, 2008)

    Waxie,
    Ha what is Rich smoking, just to let you know what the rest of us have been smoking....OPTIONS and STOCKS..hehe, I am still well over 100% up this year, had maxed out just over 200% but again I am fully satisfied with your service. I realize as most do if they want to become better investors, we need to learn from your calls and your commentary.

    I like that fact that you make great calls and leave it at that. It forces us to decide how much pain we should take against our own portfolio's, he obviously needs a class in how to use stops. Thanks for an outstanding year and look forward to each trading day with excitement!!!

    - J Stanley (Received Nov 17, 2008)

    Hi Waxie
    I first picked up the infomercial material in 2002 and have dabbled with TF since that time- hobby and learning. I’ve known failures and successes. I am a pastor, may never be a good trader, but I thank you for your honest and upfront information. TF services may not be designed for the very small portfolio person- it’s hard to do proper money management on a small port- but nevertheless I have learned much.

    The GOOD NEWS is that I’m up 620% since August 11th when I put a small amount back into my account. On August 11 I started with $2,000 and today my account is at $12,403. I have done that with primarily your calls in Option trader and the Shorting classes. I have done it very conservatively- since I can’t follow a 2% rule, I’ve often taken profits way too soon- but at least I’ve taken profits.

    I’ve only been able to use small positions- usually one option at a time. So, when I took the GS 105 put at $24, at that time it was 1/3 of my port. I sold it when GS approached $75, so I missed the next move down, but at least I’m positive.

    I will update this pending success story in another month and then in another two months. I am under no illusion that I can have the same success in the next two months, but if I did, I would be at a $75k portfolio from only a $2,000 beginning. That would be a great blessing for me, a pastor in of more funds for a mortgage and to give more to those in need.

    Thanks for your insights and your service.

    - Forrest W (Received Nov 12, 2008)

    Waxie
    i would first like to say your book power trading power living is a great book when i started reading it i couldn't stop.I have been with your option trader service for a few months and you have been killing them with your picks my loss i did not trade all of them .

    i have only been trading options for six months part time and due to not placing stops i lost my shirt.well i guess thats what happens when you don.t educate yourself. I purchased trend trading to win and watched all the cds and i will watch them again great program for beginners.

    SPWRA 65% OVERNIGHT i am glad i jumped on board for that one.I only purchased one contract for $860.00 AND SOLD IT FOR $1435.00 THATS $575.00.

    Thanks for all you do to help people i hope to be a member for a long time.
    GOD BLESS.YOU RULE.

    - Alfred M (Received Nov 10, 2008)

    Hi Waxie
    Holy Crap! Need I say more?

    Do you own a crystal ball or some other device not of this world to make these predictions??

    : )

    Seriously; Nice Freakin Call!!

    BTW I participated in the infomercial shoot and I just want to give a shout out to Kay who did a great job. Kay made me feel very at ease (I've never been involved in a "shoot" of any sort) and in her honest opinion she said it went VERY well!

    Thanks again for the great Picks! I'm in Orange Belt but I'm definitely going to upgrade.

    Any plans to do Vegas again?, I missed it last time.

    - Charlie B (Received Nov 05, 2008)

    Hello Waxie,
    Once again you've proven you're the best!

    - Nick C (Received Nov 05, 2008)

    Hi Waxie:
    Just keep on being bad. Great call on SPWRA, lots of kachingos.

    - John (Received Nov 05, 2008)

    U-R-Awesome! Almost a double in 15 trading minutes.

    Thank you so much!

    - Mike S (Received Nov 05, 2008)

    Waxie,

    I became a member of the "Options Deluxe" (combined options trader/option play of the week) service in August of 2008. I am very glad I made that decision!! Here is why!!

    August booked profits:             $9,289.41
    September booked profits:    $10,780.50
    October booked profits:         $27,401.12


    The markets have been rough on people these past few months. I am so glad that I decided to trade options using proper money management with Trendfund!!! Can't wait to have a strong finish to the year with continued profits!!

    Thanks much!!

    - Jeff S (Received Nov 02, 2008)

    Hello Waxie,
    You've done it again!

    Although I've followed your market analysis messages for months, each day I continue to be astounded by the number of correct calls you make. Your DHR analysis on Tuesday and your GS analysis today have led to big profits for me.

    Symbol:   .DHRWL
    Description:   DHR NOV 60 Put
    Stock:   DHR at 58.90
    Action:   Bought To Open
    Quantity:   50 contract(s)
    Price:   $3.90


    Symbol:v .DHRWL
    Description:   DHR NOV 60 Put
    Stock:   DHR at 54.89
    Action:   Sold To Close
    Quantity:   25 contract(s)
    Price:   $6.40


    Symbol:   .DHRWL
    Description:   DHR NOV 60 Put
    Stock:   DHR at 53.43
    Action:   Sold To Close
    Quantity:   25 contract(s)
    Price:   $7.60


    DHR Profit: $15,500 in 2 days! I took off the positions a little earlier than you would have wanted which may cost me some additional profits but I'm content with the money I've made.

    I'm totally pleased with your service. Please keep up the wonderful work.

    - Nick C (Received Oct 23, 2008)

    This is insane, sometimes I feel kinda weird making all this "Zort" while I know others are getting their retirement crushed...but I press on. Here is the thing I am up so much that I think no one will believe it. Keep in mind I have a relatively small portfolio OK so here it is I am up 350% since september 1st. Mostly from option calls made live in the chat room and some of Tiny's calls that make sense to me as an option play.

    One more thing I missed the first "short list", but the fact that you had the "bear market" class and the short list inspired me to take my IRA to cash if you add the money I saved am up truely STUPID money.........600%.

    Funny when I told my guy at HR Block to take me to cash he respose was "I don't think it is time to start running for the doors just yet."

    Tiny, Waxie, Scott
    Thank you

    - Harlow M (Received Oct 14, 2008)

    Waxie,

    This was truely genious! I've made $4,000 overnight. I'm seriously feeling like sending you and your collegues some flowers. What would be the best address for that?

    During these tough times you guys are just like saints!:)

    Thank you so much!

    - F Brown (Received Oct 14, 2008)

    I wanted to let you know that I am really enjoying and appreciating the free Orange Belt trial - I closed MOS, QCOM, and FSLR options for profit so far.

    I like Michael's blog and commentary; also attended one of Tiny's market commentary/stock commentary sessions. Very nice. The picks are absolutely unbelievable - whatever you're doing, please continue! :) Looking forward to learning and trading to win ( for once ).

    - Peter D (Received Oct 10, 2008)

    Michael,
    I really enjoy and appreciate these types of discussions and observations. Please consider doing more of these! I like this better than reading your blog. Keep up the good work. As far as a testimonial.

    started out August 14th with $13,071.18 in my trading account. As of this morning (10/9) I have $47,517.98 in my account.

    That is a 144% per month return. This includes the withdrawl of $1000.00 from the account in cash and a bunch of dumb trades on my part that you had no input on. Thanks for making this a very good year so far!

    - M Willis (Received Oct 9, 2008)

    WAXIE,

    THANK YOU, GREAT CALL, I BOUGHT 15 PUTS GM OCT 9S AT $1.58 ON TUES AT 3.15 P.M AND SOLD TODAY WED. OCT. 8 ON OPENING FOR $2.25 GREAT RETURN, OVER $1000.00 IN LESS THAN 24 HOURS.

    THANKS AGAIN, BOUGHT 200 PCX AT 15.43 AT TODAY AT 2.44 P.M. AND SOLD AT 2.58 P.M. AT A PRICE OF $16.40 FOR A PROFIT OF $1900.00, NOT BAD FOR 15 MINUTES!

    WAXIE RULES- THANK YOU

    - Roy D (Received Oct 8, 2008)

    INVESTMENTS Shares Cost/Share ORIG. COST Mkt Price Mkt Value Gain/Loss % Change
    QCOM PUT JAN 35 (AAOMG) 400 1.7825 712.99 2.15 860.00 147.01 +20.62
    BNI PUT OCT 90 (BNIVR) 100 6.1074 610.74 8.10 810.00 199.26 +32.63
    C PUT NOV 20 (CWD) 400 3.2475 1,298.98 4.30 1,720.00 421.02 +32.41
    ACAS PUT NOV 20 (DQSWD) 600 2.8075 1,684.48 3.30 1,980.00 295.52 +17.54
    WFMI PUT JAN 18 (FMQMA) 200 2.8875 577.49 3.20 640.00 62.51 +10.82
    GOOG PUT NOV 300 (GGDWT) 100 5.6074 560.74 8.10 810.00 249.26 +44.45
    GS PUT JAN 115 (GSMC) 100 9.3574 935.74 11.80 1,180.00 244.26 +26.10
    FSLR PUT NOV 155 (HJQWK) 100 15.00 1,500.00 24.20 2,420.00 920.00 +61.33
    MSFT PUT NOV 29 (MSQWB) 200 3.1774 635.49 3.12 624.00 -11.49 -1.81
    NTRS PUT NOV 50 (NRQWJ) 200 2.7574 551.49 2.70 540.00 -11.49 -2.08
    Total 9,068.14 11,584.00 2,515.86 27.74


    - Rick C (Received Oct 6, 2008)

    Waxie - Awesome trading this morning. I took over $23k in PROFIT off the table as I set myself up to buy into the snap-back rally that has to be coming very soon. Biggest % KaChingo: Your call on the AFL Oct $50 Puts. Bought 20 contracts at $.60 - sold 10 contracts today $3.80 for 533% profit.

    Put a limit order on the other 10 contracts at $6.00 and two of them actually filled! 900% Profit on those two, and still holding 8.

    Don't get much better than that!!!

    - Jeff L (Received Oct 6, 2008)

    AWESOME call on FSLR puts, in forty min or less I locked in a 25% gain. Your crystal ball is AAAMAAAzing!!!

    Becoming a Trendfund member is the best thing I have ever done. That one call more than paid for my membership.

    THANKS

    - Gary Z (Received Oct 6, 2008)

    Waxie - Awesome trading this morning. I took over $23k in PROFIT off the table as I set myself up to buy into the snap-back rally that has to be coming very soon. Biggest % KaChingo: Your call on the AFL Oct $50 Puts. Bought 20 contracts at $.60 - sold 10 contracts today $3.80 for 533% profit.

    Put a limit order on the other 10 contracts at $6.00 and two of them actually filled! 900% Profit on those two, and still holding 8.

    Don't get much better than that!!!

    - Jeff L (Received Oct 6, 2008)

    My account went live on 08/04/08. I started with $5000usd. As of 09/30/08, my closed trades in this account netted $26,354usd.

    My first trade was WB short- got too nervous and netted $52.00. My first Oprion was AAPL at $10.25, it dropped to $5+ so I added 1, it dropped to $1.42 so I added 2 more. I exited at $13.25 and it was around twice that the nest week lol. No regrets.

    I subscribe to Option of the Week. I take 1 or 2 positions per your recommendation. I read your blog and get your view. Then I go looking for some options I think will play out in the modest price range.

    I entered 1 trade 09/12 and 2 09/15. I exited 09/17 for $13K!!! Been a little sower the past 2 weeks with the SEC and Fed stuff going on.

    I have caught some things up (including my house). I am ever grateful. I am now getting ready to switch to the more active Options Program..... and I will be joining Short Trader when available :-)

    Thank you SO MUCH!! Peace be with you all.

    - Beth (Received Oct 5, 2008)

    Dear Mr. Parness,

    I am writing you from miami, fl In 1999, at age 21 I helped open a nightclub B.E.D. in Miami Beach and traded the money earned with ZERO success until Trendfund rescued my portfolio. I was able to leave the job in 2006 because of Trendfund, but what a learning experience the industry was on the psychology of people.

    Thanks for teaching me how to RULE

    - Kevin K (Received Oct 5, 2008)

    Dear Mr. Parness,

    I just wanted to say "Thank you!" I took your "Top 10 Short List" class yesterday. Based on it and Options Trader, (which I recently upgraded from OPOW) I had invested on average $2.20 per share on CVA: Oct $22.50 puts on CitiGroup (3 x $1.70 plus 2 x $2.95).

    Well, sometime after the house vote and all, Citi began going down, down, down. I kept adjusting my stops on CVA manually (I'm with Sharebuilders, sorry! It's what I can afford right now) to preserve profits as you mention , and decided to sell 4 of the 5 contracts at $5.00 per share. Adjusting for commission that made me a net of approximately $1092.00. Kept the 5th one to "let it ride," and I'll be looking at next week for a proper entry any of the November opportunities mentioned in the class yesterday. Looking forward to having my profits earn more profits.

    I know it's not profits in the numbers you are used to seeing for yourself and other members of TrendFund, but again I just wanted to say "thank you" for your guidance.

    Thanks for your commitment to your members! GOD bless you!

    - Carlos D (Received Oct 3, 2008)

    Dear Waxie

    Dude, Took the class last night and bought GS puts at lunch today when the stock was up at around $139......was nervous at first with the bill vote occurring, but then "buy the rumor sell the news" hit the fan.

    What can I say except; You really ARE A GOD!

    I'm an option trader member (signed up for the year) and I am DEFINITELY interested in you next short list.

    I invested in the shortiingwaxie list in July. At first glance the list was scary to comprehend that these behemoths could loose so much value.

    We still have a ways to go with the original predictions but needless to say you've been dead on.

    I went with all the big boys and bought AAPL, GOOG and RIMM Puts.

    So far I've turned a conservative $11,600 into $24,200, selling 1/2 at doubles and taking profits. (Note this does not include RIMMs massive drop today! Wish I had kept more of these!)

    On a side note the GS puts from yesterday option trader suggestions looks like a %50 gainer in less than 24 hours at the open; Simply Amazing!

    You Are Absolutely THE MAN. Your God like insight of the market is absolutely astounding!!!

    If I have another male child his name shall be WAXIE!

    - C Bochnik (Received Oct 3, 2008)

    Waxie, I put $1400 in an account on August 1st. I am up 146% in two months! Thanks for everything.... I am in the Options trader membership.

    Between August 1 and September 25

       Starting Balance: 1,400.00

       Ending Balance:   3,453.32

    - John S (Received Oct 02, 2008)

    Bought up those WB and MS puts on friday, got nervous when they halted trading today on WB, but cashed out on it with profits of 200% + and about 50-75% profit on MS. You're killin it haha.

    ROCK ON WAXIE!!! You're the man!

    - Bill (Received Sept 29, 2008)

    For all the non-members who may be thinking that Waxie is all talk with nothing behind it - my portfolio is up 130% over the last 30 days! 70% of that gain is directly attributable to calls provided by Waxie under my Options Trader membership, and the other 30% is attributable to my own calls within the same sectors as those calls provided by Waxie, so in effect, also thanks to his service.

    More importantly - every one of these trades was made by employing good money management, as described in Waxie's book, "Power Trading, Power Living", and as reinforced by the mentoring class that I signed up for on the Trend Trading website. In other words, in every trade that I have made in the past 30 days, the most I could've lost was 2% of my capital. As it was, my success rate was close to 90% winners.

    All of this is because I decided to take an active role in the success of my financial future, and tossed my lot in with a service that delivers results.

    So what's the point of this tirade? To underscore what Waxie has been posting in this blog and on the website. You non-members that are sitting there bleeding away your IRA's and investment accounts need to get on board. You will recoup your monthly membership fee and then some in just ONE successful trade called by Waxie. Everything after that is just gravey!

    For the record, I'm not getting paid by Trendfund for what I've written here. This testimonial, and hopefully the new memberships it brings to the service, are just my way of saying thanks to Waxie for the positive impact that his service has had on my financial future. RULE!

    - Jeff L (Received Sept 29, 2008)

    Dear Waxie

    Thank you, thank you for the October Puts for GS, C & WB on Thursday afternoon.

    I put $10,000 into those puts about an hour before the market close. The stocks got whacked after hours while Congress bickered over the bail-out.

    Sold for a 40% gain in my positions... $4,000 overnight... ka-ching!!

    Wicked crystal-ball, dude.

    - D Flores (Received Sept 29, 2008)

    Hello Waxie,

    Back in 2003 I was travelling for business reasons from Germany to Washington and Waxies book “rule the freaking markets” got my attention at barnes and nobles. This was the turning point in my trading career. As a permanent loser for years, Waxie turned the wheel around. I have still my losers –oh yes- but no big ones any more and I have my winners -indeed- very big ones! And every single Homerun, the fat winners, the 2, 4 or even ten baggers I made, was due to the recommendations of Waxies options calls. Waxie is nothing more or less than a miracle for me. Definitely the best advisor at the stock market battlefield.

    One Question: Are you planning to come to Germany in November to the Traders World exhibition? I tought I read your Name, but can`t found it anymore on the website. It would be a big honor for me to meet you personally.

    See you on the other side!

    - Oliver B (Received Sept 26, 2008)

    Hi Waxie,
    I'm an option trader member (signed up for the year) and I am DEFINITELY interested in you next short list.

    I invested in the shortiingwaxie list in July. At first glance the list was scary to comprehend that these behemoths could loose so much value.

    We still have a ways to go with the original predictions but needless to say you've been dead on.

    I went with all the big boys and bought AAPL, GOOG and RIMM Puts.

    So far I've turned a conservative $11,600 into $24,200, selling 1/2 at doubles and taking profits. (Note this does not include RIMMs massive drop today! Wish I had kept more of these!)

    On a side note the GS puts from yesterday option trader suggestions looks like a %50 gainer in less than 24 hours at the open; Simply Amazing!

    You Are Absolutely THE MAN. Your God like insight of the market is absolutely astounding!!!

    If I have another male child his name shall be WAXIE!

    - Charlie B (Received Sept 26, 2008)

    Hi Waxie,
    I wanted to let you know for a testimonial that since I started your service I have made around 116,000.00.

    I was trading on my own and lost more than that and thanks to you I have made most of it back. Thanks for sharing your knowledge and I can't wait to take some classes to learn how you think and how you make your picks and what to look for. I have tried some other services and lost the money and you helped me get it back and that I am thankful. I trade mainly options and you are smokin keep it up I need a vacation.

    You are and your Service is Awesome,

    - J Stout (Received Sept 25, 2008)

    I just wanted to say that I have been trading for myself for 13 years now and with the help of your very impressive market calls my stock trading account is up at least 40% this year. I cannot wait for RIMM to open tomorrow morning.
    I have made a killing on AAPL, RIMM, SKF and so many more with your help.

    Thank you,

    - Laura E (Received Sept 25, 2008)

    You are just on fire. It is just unbelievable. I would like to know the next short list and let me know I can get it.
    Thank you so much.

    - Lan (Received Sept 25, 2008)

    Dude ive made tens of thousands of dollars in the passed weeks following your stuff....my credit card debt....GONE...my wifes credit card debt....GONE..... pressure on our finances...GONE

    I love you man you rock!

    But honestly dude, you've taken sooooo much pressure off my new wife and I...we got married last month... her parents wouldnt financially with the wedding, so we saved and lived off our credit cards...mine was 17k and hers was several thousand....today they are ZERO!!! and i reduced the credit limit so that doesnt happen again....
    DEBT FREE START TO OUR MARRIAGE!

    - R Raimondi (Received Sept 25, 2008)

    You are THE MAN! Your calls have been DEAD ON lately and I've profited nicely from that help. Thank you!!!

    - Rich I (Received Sept 18, 2008)

    I have tripled my portfolio in a little more than a month and a half using Waxie's short lists. I could have been up much more, but I took a conservative approach and banking profits before Waxie called us out of positions. Thanks Waxie!

    - F Wells (Received Sept 18, 2008)

    Waxie, I am interested in your new top ten shorts class. Your top ten tech shorts class paid for itself many times over.

    - Mike S (Received Sept 17, 2008)

    I killed the market on the short list. I did your March class where we took GS 120 Oct puts (GSVD) as a speculative play, and have made over 1100%, taking profits as I go (and I'm a little more conservative than some). AAPL--didn't believe it, but followed your recommendations. Made well over 300% on the play. GS--Oh my, it's over 1100% profit right now for the play. GRMN--it was a winner within days, and have been enjoying it creep and die a slow death. RIMM--scared me for a while, bought the puts when the stock was 115-120 range, it spiked up to 130's+, dollar-cost averaged as you said since I didn't jump in with both feet on the initial buys, and making a killing now that the stock is in the 90's. BCSI--another great winner. C--HUGE winner, played several times across several months, anytime it went up by 10% in a 1-3 day time span, I'd short it some more with some out of money puts (not your recommendation all the time) but made a mint. INTC--LOVING it. ISIL--making over 80% profits RHT (from back in March)--making over 100% since I dollar-cost averaged. LEH---YEE-HAW, ride 'em cowboy, started shoring in the high 30's/low 40's, and have just loved this one, I couldn't even tell you how many 100%'s I've made on that one. EBAY--doing well, not as good as others, but doing well, only a measley ...and the list goes on.

    COMBINING THE STOCK PLAY OF THE WEEK, OPTION PLAY OF THE WEEK, AND MOST IMPORANTLY YOUR SHORTS LIST (THAT'S THE MAJORITY OF WINNINGS), I'VE MADE OVER 58% ON MY PORTFOLIO IN LESS THAN A YEAR. IF MY NUMBERS ARE CORRECT, FOR THE YEAR 2008 ALONE, I'M UP OVER 45%, POSSIBLY MORE. This equates to multiple tens of thousands of dollars, well worth the $120 price of admission.

    - E Parvin (Received Sept 17, 2008)

    If you're looking for only one advisory service, Option Trader will make you more money quicker than anything else out there. Take the trial, it'll cover you're cost during the trial period.

    If you don't trade options, now is the time to learn. I am up over $3500 from the COF Puts of last week, and over $1300 on the intraday GOOG Calls today (only played 4 calls .... wish I'd played bigger). This is Waxie's best service yet.

    - M Rubensohn (Received July 15, 2008)

    Waxie- you are definitely the man--how many calls the past month have you had--20-30??? Hardly any losers!! GOOG today up 5 option sticks as we speak for a nice 33% return and still rising.

    - Scott (Received July 14, 2008)

    Just wanted to thank You, Tiny, and Scott from Trend Fund for the awesome training you all continuously provide for us. I have been studying the Trend Fund DVDs, reading, and recently attended your 3-day options class and have learned so much.

    With the knowledge on options which I have gained from you three professionals I am able to capture consistent and (for me) impressive gains on my account month after month.

    Learning not only how to take good profits from the market, but to protect my positions against the market moving against me, is both exciting and provides security.

    Look forward to continuing my education, and profit making, with TrendFund.

    Thanks, Charles

    - Charles (Received May 16, 2008)

    Michael, I was an airline pilot whose company went bankrupt ( Delta ) and took my pension.
    At 58 I`m afraid I`m where you were when you were younger. I`ve read your books and your story and of your life on the streets. Fascinating and well done. I`m glad you made it.

    Thanks. I will take all of your advise strongly. I`ve been investing for 30 years and have absorbed more education with TF in 4 months than all of the 30. I have been trading full time for 6 years now. BTW i`ve enjoyed Scott`s tutelage of late . He does a really professional job.

    - D Merena (Received May 14, 2008)

    I have to work Weds, Thurs and Fri. Bummer. I hope you offer it again. Today I bought the orange belt membership. I am so psyched.

    I just finished the 2 week trial. Made money on DRYS, lost on AKAM and PCLN. I thought about buying RIMM but didn't have much cash left. BUMMER again. But I made money on DRYS and I already had EXM which was cooking today. I sold both of them because I'm working the rest of the week and wanted to get used to taking profits.

    My 5K port is now 8K. Yippeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee.

    Anyway, Thanks for the help. I really love learning about the markets and I love options. I realy like the personal touch of your service. It feels good to have a real person teaching and sharing. I took some of you classes in the free trial and I like what you said about trading. You seem real honest and don't hold back. Your blog is great too. I like your world view and that you said sometimes you send positve thoughts out to those struggling.

    - Paula (Received May 12, 2008)

    Awesome. Awesome. Awesome Apple call! I made $2,715.00 this afternoon.

    Your NYX call was awesome yesterday as well. I made a huge mistake and got some today. Could you please give a heads up on whether or not you think it has some upside. Just so I could possibly recoup some losses.
    Thanks,

    - G Jordan (Received May 7, 2008)

    Hello,

    AAPL 185put , Great call by Waxie today, please pass on high five!
    Thanks,

    - S Sovring (Received May 7, 2008)

    Michael Parness is the Tiger Woods of day trading. Having followed his trades religiously for the last month, I'm absolutely astounded how often he's been right. Most importantly, on those few occasions when he's been wrong, he's covered the trade quickly, resulting in a small loss.

    The latest example is his AAPL May $185 puts trade which he initiated a few hours ago. AAPL has been shooting up like a rocket for more than 2 months so it was an extremely gutsy call to buy puts but the moment he made the call, AAPL dropped like a stone in water.

    The guy is absolutely amazing!

    - N Cellino (Received May 7, 2008)

    Got Michael's book Power Trading. It is truly great. The absolute best bargain on the internet for traders. I know..I have read a lot of complex crap. The CD is excellent..reinforcing the whole thing. Actually I find this as good as being on the site in the chatroom. A hell of a lot quieter.

    The chapter on his favorite trades is the best. I have already used it with EBAY to play gaps and the FOMC. EBAY is so much better than trading QQQQ because it is more volatile..gives you more movement. Gap fading also works great on futures which I trade mostly. At 8:30 am..that's the time for those.

    Anyway..I see you are doing well and so..that's it. I've told quite a few people about this book. I hope they grab it too. I get after them about it..pushing it. Thanks.

    - Nick (Received May 05, 2008)

    Okay Waxie, I gotta share the love here. You've been absolutely KILLING it with your options calls? I literally signed up 2 weeks ago (April 17th I believe) and have made a nice chunk of change with the following calls already!

    • GOOG Apr 550 calls (not an official call, but you mentioned they might be a good buy) bought at .60 sold half at 1.30 and the rest at 1.80!
    • V May 65 calls (bought the 65s accidentally instead of the 60s you called!) bought at 8.00 sold at 10.50!
    • FXI May 145 calls bought at 8.10 sold at 12.70!
    • SOV Jun 7.5 puts bought at .45 sold half at .85, still holding the second half!
    • YHOO May 25 call bought at 3.30, sold half at 4.10, still holding the second half!
    • WY May 60 call bought at 4.50, sold half at 5.70, still holding the second half!
    I'm a believer Waxman! Keep up the good work.

    - J McNee (Received May 02, 2008)

    Hello Waxie/Debbie,

    Had a blast! You guys rock!
    Sorry for the late reply. Been out of town for a week on business.

    Please find attached the PDF with trade log you were interested in seeing.

    Fun post seminar story --- I applied what Tiny taught us about using Fibonacci grids the day I got back from seminar when the official earnings season kicked off with Alcoa report. They missed and I used the Fib grid to time my short entry to within 10 cents of both the top and the full retracement down to 100% of the grid. It doesn't get much more "by the book" than that.

    Loved the seminar. Definitely would attend another but maybe not across country. If you do them periodically by region or maybe simply on opposite coasts, I'm definitely in.

    - S Costa (Received Oct 19, 2007)

    I have been a member since early April '07. In that time I have made 46 trades with the option play of the week. 30 have been winners, 3 are still outstanding and the rest didn't play out so well.

    I sometimes follow your recommendations to the letter and sometimes "adlib" a bit on my own selecting different strikes or maturities. To date I have realized almost $5900 in gains and I still have $7750 unrealized gains in Dec ACM 25 Calls.

    Again, thanks

    - D McConnell (Received Oct 13, 2007)

    Hey Waxie or Tiny or whoever made that OEX Call play, Wow! Crazy call, but awesome! I bought it at $8.50 & sold it for $16. !!!! an 88% gain. Major Kachingos!! Keep the option calls (or puts) coming!! I'M LOVIN 'EM. Thanks again,

    - N Zettas (Received Aug 16, 2007)

    All I did was purchase the book !!!! I think you need to inform Waxie that as long as he keeps writing such great books people may not find a need to buy a membership! I'm astounded at the percentage of winning trades achieved just by applying Waxies Gap fading techniques. Just wanted to let you know.....AMAZING !!!!!!

    - J O'Flaherty (Received Aug 3, 2007)

    Please go ahead and, instead of a montly subscription to SPOTW, I'll do the entire year for $329. The MS play alone has more than paid for the $329, so I figure that's a fair trade--2 week trial makes me more than the cost of 1 year of SPOTW subscription. 

    - E Pavin (Received June 14, 2007)

    Thanks, Waxie ("Dad") for the beautiful call on DJ options. That one really made me dance for joy!
    With best wishes to you and all of your Trendfund children for continued success,

    P.S. Sometimes the greatest joy is to help others experience the blessings you have been blessed with. May that joy be yours!

    - K McGeorge (Received June 1, 2007)

    Please pass along a special thank you to Michael for his MONSTER calls! vrgy, clf,dj up over $15,000. He is truly changing lives.

    - B Cegles (Received June 1, 2007)

    Thanks Michael, great call, an easy $1,000. in just 2 days. Keep up the good work, thanks again. 

    - DY (Received May 9, 2007)

    Hi Tiny,
    I just want to say thank you for all your help and hard work every day with Morning Briefing and your constant help and guidance in the Chat Room. Since joining MB on April 16th, I have made over 11k the last 3 weeks. Before that I had up and down weeks, mostly profitable but not enough to feel comfortable with making a living. I sold my business last October so I could do what I truly love and that is be a trader.

    I now feel that with the new ideas every morning, I have a greater chance of being successful than before.

    I know that you work you ass off and probably don't feel appreciated, but I am here to tell you I am extremely grateful for all your HARD work. I have been in the chat room since last April and this is the first time (April and May) that I feel that the room is working like it should...A TEAM. That comes from your guidance and helping us with the correct entries.

    Maybe the next time y'all do a seminar like Vegas, I can come out and meet you and the rest of the team and have a few beers and talk about how GREAT the COWBOYS are and will always be!!!

    Have a great weekend.

    Thanks again.

    - K Willis (Received May 4, 2007)

    Hi Tiny,
    Just wanted to write and say thanks, I had a good first month. Made about $2200 this month from swing trader and play of the week, from 25K (in account). Though, I usually only have about 15K actively trading at any one time. Could have earned about $1000 additional, if I had kept moving my stop loss up as RNIN went up....Good lesson for next time.

    Made another $2900 trading stock my company gives employees, probably half of this is attributable to lessons learned from TrendTrading.... kept and traded just before earning vs. selling as soon as I received, as I previously had been doing.

    Want to keep more of the money in the account active, so I joined the "Playing the Gap" service this past week.... we will see how it goes this month.

    Thanks again.

    - John Paul (Received February 4, 2007)




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