Michael Parness - Tumblr Blog

Michael Parness is a single father of two girls and a best-selling author of four books on finance. His rags-to-riches story has been the topic of many interviews; Michael Parness has appeared on a number of financial media outlets, including FOX News and CNBC. When Mr. Parness is not discussing finance with investors at all stages of experience, he fills his time with charity work. He was honored at the United Nations for his work with children and mothers and also honored for working with inner-city youth. An acclaimed film writer and director, Mr. Parness is known for his work with the award-winning film Crazy For Love, which won 14 awards including Best Film at the Sacramento International Film Festival, Trenton Film Festival, Magnolia Film Festival, and Rhode Island International Film Festival. Mr. Parness is currently working on a film titled Waxman, a romantic comedy based on the name of his online persona: Waxie.

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World Series of Trading Playing Options

A best-selling author, Michael Parness educates investors and traders on stocks, futures, and options through Market Visions, where he leads as chief executive officer. Michael Parness also cofounded the World Series of Trading alongside Michael Digio. Bringing together trading enthusiasts to the gaming capital of the nation, the World Series of Trading hosts an annual tournament in Las Vegas, Nevada. To prepare players for the competition, the organization offers an online World Series of Trading platform, where registrants can sign up to play on various tables. A participant can filter the tables to select games with cash prizes or play for free. For skilled traders, joining a Real Money table tests their expertise against other traders. Entry fees begin at $1 and go as high as $5,000. A choice of playing from 15 minutes to three hours allows a range of participants to find a table that meets their time constraints or level of commitment. Competitions are ongoing, traders can practice their skills online no matter the time period. If, by chance, a group of friends or colleagues would like a private table, World Series of Trading can accommodate that need.

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Trend Trading Basics

An accomplished stock market trader, Michael Parness generously shares his secrets to success on TV and through his own websites. In addition to helping others learn about day trading, Michael Parness lends his expertise on trend trading. Trend trading is a strategy in which a person focuses on the direction the price of a stock is moving at a given time. If the price is currently going up, the investor will buy. Conversely, if the price is going down, the trader will sell. It is a technique that aims to take advantage of the regular variations in the market. While trend trading can be lucrative, it requires that individuals have an understanding of how the market works. When getting started with this investment strategy, there are certain key ideas people should keep in mind in order to maximize their chances of success. To start, people should try to look at their trading strategies as objectively as possible. For example, a person might decide ahead of time at which point to sell holdings. Then he or she sticks to that plan, even though it might be tempting to hold onto the investment longer. Likewise, prospective investors should evaluate the numbers themselves and not put too much stock in people’s interpretations of these numbers. This strategy also helps traders maintain an objective investing approach. Finally, it’s a good idea for trend traders to look for opportunities midweek when information is released. Sometimes, this information goes against a current market trend. Buying a stock on the uptrend when some investors get scared by the news and sell off can be a good investing strategy. So can selling a rally when there is a downtrend.                                 

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Former small business owner Michael Parness led a successful sports memorabilia company in New York before changing careers and starting to invest. Over the course o...

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Features of the Michael Parness Education Center

A self-taught trader, Michael Parness turned a small initial investment into $7 million over the course of only two years. Michael Parness has translated his experiences into a diverse set of resources that help both new and experienced traders find success. Through the Michael Parness Trend Trading Education Center, traders of all experience levels have access to instructional manuals and analytical tools at their fingertips. All of the center's manuals are available in an interactive format that allows for copy-and-paste note taking and search for specific terms. The center's audio library is searchable, as well. The center also provides users with a comprehensive resource enter that presents an overview of daily trends and widgets to help users follow those trends. Expert commentary and analysis increase each person's familiarity with the market, while a trading calculator helps users track their individual portfolios. Students in the program receive access to these resources free for their first 60 days and for a monthly fee thereafter.

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The United Nations - Every Woman, Every Child Movement

Over the course of his career, Michael Parness has worked as a financial advisor, trader, author, and film producer. Michael Parness has also committed himself to various philanthropic efforts focused on helping women and children, for which he has been recognized by the United Nations (UN). The UN supports a number of initiatives that contribute to the lives’ of women and children around the world, including the movement Every Woman, Every Child. Created by the UN Secretary-General Ban Ki-moon in 2010, the global program seeks to improve the health and save the lives of millions of women and children by 2015. The movement has mobilized and expanded on efforts led by governments, nonprofits, and private sector groups by advocating for policy changes and raising crucial funding. To improve living conditions around the world, this funding is used to provide preventive care, combat chronic malnutrition, and address widespread illnesses. For example, Every Woman, Every Child has committed to saving 120 million children from pneumonia by 2015.                            

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The World Series of Trading

Author and entrepreneur Michael Parness is a financial advisor and self-taught trader. His success in the investment industry has earned him opportunities to work with CNBC, Fox News, and CNNfn as a consultant. Michael Parness also shares his knowledge with aspiring traders through various educational courses on trading. Individuals in search of education in trading can sign up to participate in the World Series of Trading competitions. These events cater to individuals at the beginning stages of their trading careers as well as to more established traders. Participants have the option of competing in sit-and-go tournaments or single and multi-table competitions, which have entry fees up to $1,000 and include cash prizes. For players looking to take part with no risk, free-roll events are available to help individuals learn about trading without requiring a financial investment. The World Series of Trading also hosts an annual competition in Las Vegas, where traders converge to participate in a live event. Competitors have the opportunity to win cash and prizes, and one winner is crowned the world’s best trader. To learn more about these competitions, visit www.worldseriesoftrading.com.

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2009 Drama Gospel Hill

Successful trader and author Michael Parness serves as co-founder of Full Glass Films. With a career in film spanning more than a decade,Michael Parness has produced several movies, including Gospel Hill and Crazy for Love, which he also wrote and directed. Released in August of 2009, Gospel Hill was directed by actor Giancarlo Esposito, best known for his role as Gustavo “Gus” Fring in television phenomenon Breaking Bad, and written by Jeff Stacy, Jeffrey Pratt Gordon, and Terrell Tannen. The film follows John and Sarah Malcolm, portrayed by actors Danny Glover and Angela Bassett, as they struggle to uncover deception and profiteering related to the construction of a multimillion-dollar golf course. Supported by an influential community leader, the golf course threatens the homes of local residents, and the Malcolms seek to expose the nefarious practices behind its development. Gospel Hill is approximately an hour and a half long and features performances from such other notable celebrities as Samuel L. Jackson and Julia Stiles. The movie was filmed in Fort Mill, South Carolina, and distributed by Twentieth Century Fox Film Corporation.