How do famous swing traders like Dan Zanger size up so fast?

[tomkat22]

FWIW Kullamagi list Dan Zanger and Pradeep Bonde as his 2 major influences,the traders he learnt from.

 

[murray t turtle]

Honestly, people here at ET are some the LAZIEST I've ever encountered. No offense @hilmy83.

It took me about 15 seconds to find a link to the audited report on the "About" page of Dan Zangers site chartpattern.com...

https://chartpattern.com/about.cfm
https://chartpattern.com/articles/effron.pdf

It took about 5 minutes to research the auditing firm, which was taken over in various mergers. The last known parent based on my 5 minute research was Informa Group out of London.

It took longer to make this post than to do the legwork!

If I don't know who the turkey is, the turkey is me!

%%
Good links.
Dropping out of college\ most likely helped more than any patterns like ''cup with handle '' which he noted LOL Oh ,he was not an IBD hater??
Its also noted he had a world record, not many of those. Fun read ; thanks.
Kimberly Rhode did Olympic champ in shotgun shooting 6 times . That's hard, because you cant be to fast + you cant be to slow. No bull markets catch Up there.
Many more made millions on contracting business [edit +prospered in small business] than trading single stocks.

 

[Darc]

From memory KQ first read O'Neil's Canc!Iim, then learnt from Pradeep Bonde and one other Dude I can't remember his name.

KQ was also listed as a Strategist for a Fund/Website, when I checked awhile ago.

 

[Rams Fan]

Do you think Zadeh does the same due diligence on people who participates in the US investing competition?

No.

I think that the Robbins Cup is the only credible competition. The reason is that participants MUST use one of their selected brokers, and when you sign up, you agree to allow Robbins to receive a copy of your monthly account statement directly from the broker.

 

[Darc]

No.

I think that the Robbins Cup is the only credible competition. The reason is that participants MUST use one of their selected brokers, and when you sign up, you agree to allow Robbins to receive a copy of your monthly account statement directly from the broker.

The USIC gets a lot of publicity. If it were a Fraud, someone would've found out by now I assume.

 

[hilmy83]

No.

I think that the Robbins Cup is the only credible competition. The reason is that participants MUST use one of their selected brokers, and when you sign up, you agree to allow Robbins to receive a copy of your monthly account statement directly from the broker.

When I decided to enter, I thought about World Cup, but because they force you to go with the sponsored brokers, I decided to go with US Investing. Just not willing to switch brokers and having to pay 30% more in commission (Ironbeam vs AMP).

Plus like @Darc days, USIC is way more promoted than World Cup (business insider, bloomberg, yahoo finance, forbes, etc.). Plus previous market wizards participated in the same competition. It's been going on since the 80s!

If anything, you're paying few hundred for the publicity at least lol.

 

[M.W.]

Can you post his audited track record here, please. Ernst and Young, PwC, Deloitte, or KPMG all work just fine. Not talking about Zanger.

Both Zanger and Kullamägi are among the skilled rather than lucky, though Zanger has said that he was lucky to have been ready when the internet bubble commenced.

Zanger's $10K to $18 MM was audited. I don't think I've seen any audited results here on ET from anyone.

 

[M.W.]

Do you have access to the audited track record of ANY SINGLE retail trader (aside Zanger, who made his fortune when there were still tons of exploitable edges) operation and is not listed and audited anyway? If not, then what do you base your trust in those claims?

ET - where nobody believes it’s possible to make money in the markets.

 

[M.W.]

How do you know it was not a sim account. Screenshots? Video clip?

BTW Kullamagi is not just a one-trick pony. He was also VERY skilled at shorting stocks that had made parabolic moves. I watched him make 5.4mm shorting the backside of $INDO when it went parabolic in the spring of 2022. God only knows how much he made during the GME/AMC fiasco!

 

[Darc]

Can you post his audited track record here, please. Ernst and Young, PwC, Deloitte, or KPMG all work just fine.

Ernst and Young, PwC, Deloitte, or KPMG lol.

Some of the dodgiest Auditors out there.