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Manny Backus – the Man behind First Hour Trading

By Ayize Herry

| January 25th 2012 | Views:

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Stock Trading is a bug that anyone can catch. There are all kinds of traders in the stock market today. Those that do this for a living, those that trade occasionally, some trade regularly through their brokers or agents and there are those called Day Traders who trade on a day to day basis with the help usually of a trading service.

Among the well known Day Trading services is the one that was started by someone known as a ‘Stock Trading Whiz Kid’ Manny Backus. This young man is a trained chess player and in his teens took to trading stocks with great success. From the age of 19 he invested his own money to regularly trade online and with lots of hands on practice began to observe how some people consistently choose the right stocks to invest in. With a natural instinct for trading he developed his skills and applied a mathematical analysis to it. Without any formal training in stock brokering or even without any of the degrees that are required to be qualified as a financial expert Mr. Backus used his analytical skills that were honed with chess playing from an early age to good use here.

Chess playing is a mental sport and while seemingly calm and slow actually has players whose instincts and ability to judge situation is razor sharp. Mr. Backus belongs to this breed of people who know when to make the best of a good thing and have the ability to realize when a stock has the potential to rise above others. Mr. Backus launched Wealthpire.Inc in 2002 that does trading research and then founded ‘First Hour Trading’ recently. His analysis has found that the best trading is done within the first hour of day trading and has the nickname of ‘the One Hour Trader’ as well to his many names.

This site is different from other services as it has no intention of artificially creating an interest in any stock.Mr. Backus is clear about the ethics of his companies and First Hour Trading is service provider only. There are a limited number of subscriptions and there is a group leader who is very experienced with day trading and will advise the group in their decisions.Mr.Backus would like all traders to profit from his experience in the field with his One Hour Trader program.

Ayize Herry - About Author:
Day Trading Pro provides day trading help, and day trading strategies for every day trader, or those wanting to learn how to day trade.For more details on Day trading software and Day Trading Tools than please visit our website.