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InvestYourself Video of the Week

Bob Rinear answers this week's investment questions...

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IY Recommends the Best Daytrading Firm

Lets face it folks, everyone has to KNOW their limitations. Although here at InvestYourself, we feel we are about as good as it gets at following the macro economic picture and making tremendous investment moves based on our longer term predictions, we aren't "Jacks of all trades" In other words, although we daytrade, we aren't the best at it. How many supposed "guru's" would admit that?? Not many, but here at IY we're about honesty and results, so I have no hang ups about it.

If you are a contemplating being a serious daytrader, then I have a partner that I believe you could use to your benefit. You might have seen him on one of his TV spots, as he has been on CNBC, FOX, CNN, the NY Times, the Wall Street Journal and so many others. His name is Michael Parness, and as far as daytrader services go, he's as good as I've seen.

Let me share a personal story with you all. Back in 98/99  the markets were in a frenzy, and thousands of us traders would sit in chat rooms and forums and trade ideas back and forth. Many times Michael and I would banter back and forth about the market and it's overall directions. But it was easy to see that he was talented at spotting intra day moves, so talented that many started to follow his trades. Longer term traders "followed us" and hard core daytraders followed Michael.

If you are really serious about playing intra day moves, and morning gaps, etc, you owe it to yourself to spend a few months utilizing his services. I don't endorse many services, because I value my readers and I only want them to have the best. Michael falls into that category.

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