September 02, 2008

Michael Parness is No Genius by Any Form of the Word

Review by Jim -- Doubter of Michael Parness gives his perspective on growing wealth

Category:		Offline Gurus
About:		Michael Parness
Author:		Jim
Rating:		2 Stars (or Acceptable)
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Review...

First of all, I highly doubt this guy turned $33k into $7 million by trading ALONE. I think he did turn his initial account into $2 million by getting lucky betting HEAVILY using options in the bull market of the late 90s. HOWEVER, the other $5 million came from people paying him $400 per month for his "wisdom" by subscribing to his BS website.

Remember for every guy that got "lucky"...and that's all he was, there is 1,000 that lost everything. He's no genius and his entire methodology is based around a few basic trading concepts which are no secret or magic formula.

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	Michael Parness is No Genius by Any Form of the Word

	http://programcritique.com/subcategories/reviews/MichaelParness13696.html?return_url=/subcategories/offlinegurus/MichaelParness.html

Topic Tags: critique of wealth guru, grow your wealth, learn to make money at home, Michael Parness

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