User:CFRN Editor

DeWayne Reeves is the Founder and Senior Editor of CFRN, the Christian Financial Radio Network and host of a popular radio program heard daily in over 20 countries. A former equities trader, he has focused primarily on the S&P 500 Emini Futures Market for the past 5 years. His insights and trading methodology are a blend of traditional technical analysis and the strategic use of proprietary indicators. He is the founding director of New Hope Orphanage and Primary School in Kampala Uganda East Africa which is home to over 800 orphans. Mr Reeves currently resides with his wife in Phoenix Az. where he actively trades his personal account.

Quote: ''"I have held a keen interest in the financial markets since 1999. As most traders and investors who manage their own accounts, I was perfectly content working with individual stocks. However, a pattern began to emerge which convinced me there were entities manipulating certain stocks and taking advantage of smaller investors."

CFRN.net began as a "calling" if you will... to expose the fraud I felt was running rampant in the markets. Together with a small group of activists including, Mark Faulk, Dave Patch, Darren Saunders, Patrick Byrne (Overstock CEO) and many others, we set out to expose an especially devious practice known as Naked Short Selling. Members of our group went on to testify before Congress,author books, produce documentaries and while we "fought the good fight"... the "Circle of Greed" (a phrase coined by Mark Faulk author of The Naked Truth)won.

As a result, I left the world of equities and moved into markets which are 100% electronic. Specifically, I now trade and teach Emini Futures which include the S&P - Dow - Rusell - Nasdaq. These markets do not utilize a market maker and is considered to be a FIFO Market (First In First Out). This creates a level playing field between smaller Main Street Traders and the more sophisticated Wall Street Traders.

Of course all trading is risky and not suitable for all people. In the Futures Market it is possible to lose not only the funds in your account, it is possible to lose even more in a position that is considered to be "locked up" as the result of a "Limit Up" or "Limit Down" move which is not an infrequent event when trading Grain Futures and other markets as well.

While I do miss the excitement of discovering great companies, interviewing their CEO's and investing at early stages of growth, I feel the trade off to a non-manipulated market was a wise decision. Anyone desiring more information can reach me during normal business hours.