Membership Site For Stock Traders
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Here's an Example of a Successful Membership Web Site for Stock Traders
If you run a membership site aimed at stock traders, or are thinking about starting one up, you should check out Michael Parness' web site as a successful example you could use as a template. With over 10,000 paying members, this member site has a lot of useful and updated content to keep the subscribers happy month after month.
In 1988, Michael Parness followed a stockbroker's advice and lost nearly all of his life savings of $150,000. In 1999, he opened an online brokerage account (using the nickname "Waxie") with the intention of getting his money back. In just 15 months Michael was able to turn $33,000 into $7 million dollars. He then started the online trading membership web site Trend Fund where he teaches others the trading strategies he developed that delivers profits in both bull and bear markets.
Michael Parness has positioned himself as an expert when it comes to stock traiding. He is regularly consulted for investment advice by major media including The Wall Street Journal, CNNfn, CNBC, New York Post, FOX News, Financial Times, Business Talk Radio and Crain's New York Business. His informational trading seminars draw thousands of attendees across the country, and he has guest lectured at UCLA and Tulane University.
Michael also has a successful infomercial where he has sold over 100,000 copies of his "Trend Training To Win" stock trading home-study DVD course. “Trend Trading” is the philosophy that markets move due to human emotions, not lagging indicators like mathematical equations or complex statistical analysis. Trend Trading is the basis for the trading strategy developed by Michael Parness which consistently produces amazing results for its subscribers in both bull and bear markets.
At Michael's site he uses a wide variety of ways to monetize his website visitors.
He offers a variety of membership levels at different price points depending on the needs of his customers. For example, his premium membership level (Ninja Trader) provides members with a live trading chat room, real time future calls, priority email trading alerts and archives, live educational online classes, archived classes, the Profit Report Newsletter, information on playing the gaps, option trading, swing trades, breakout trades, stock plays of the week, full focus lists, predictions, market views and research.
In addition to his private membership area he also offers books, tapes, DVD courses, coaching and mentoring help, stock trading software programs, online seminars and valuable free services such as constantly updated videos showing daily market analysis & trading strategies.
You can click on the following link to check out Michael J. Parness' private membership site for stock traders:
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