Waxie's BAAAAAACK!!!!! Beast from the East Returns!!!

Quote from austinp:

..his success trading stock options for years... from the long side, not short or spread premium. Impressive achievements, which anyone who ever traded options / stocks or anything can appreciate.
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Wow, I can attest to that. Long options is such a tough game.
 
Quote from austinp:

<i>"Isn't this guy like the poster child for the ultimate snakeoil salesman of trading?"</i>

I've been told from people who would know that Waxie made more money trading equity options before he started Trendfund than 98% of the existing (waning) ET readership here ever will, collectively.

The fact that he decided to work with public has nothing to do with his success trading stock options for years... from the long side, not short or spread premium. Impressive achievements, which anyone who ever traded options / stocks or anything can appreciate.
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His infomercials back in 2000 was funny. He lived on a park bench(homeless) at one point of his life and for rising above his situation i give him credit for. As far as the bidu IPO he had said he made 250k on i do remember he posted the wrong date on his site when he made this money so i did get a good laugh from that one.
 
Quote from traderpro:

As far as the bidu IPO he had said he made 250k on i do remember he posted the wrong date on his site when he made this money so i did get a good laugh from that one.
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Someone correct me, but IPO's rarely have listed options, do they ? So in this case, he traded the stock ?
 
Dudes....this Michael Parness still around? wow!

I probably knew this guy before anybody on ET ever existed. we emailed back and forth during Etrades Million Dollar contest back in '98-'99. I do believe he turned $30K into $2M. I wish I had saved those emails.

I joined this chatroom for about a year few years down the road. what's funny was that he didn't approve options trading back then due to the high risk. and he almost sounded too ignorant when it came to r/r ratio of options. boy was I surprised when he started classes on options trading.

Waxie did make good calls though, Tiny a good T/A and Teressa ES mini trader...as i recall. anyone subscribing to Trendfund? how's the performance these days?
 
Trendfund has a coaching service which trades options (most of the trades I think).
I would like to know how is this service? Have you tried this service before?

Thanks.
 
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