Interview with Stock Market Wizard, Dan Zanger

[sysfraix]

The guy turned 11k to 18 millions in 18 months trading chart patterns.
It was thanks to the dot com bubble in the '99-2000.

 

[lawrence-lugar]

The Power of Compounding,...is a Powerful thing, indeed.

 

[Al_Bundy]

Man is a legend. I'm curious though how his performance has been for the past 15 years. or

 

[hoop121]

does it mention how he ended up losing most of that 18m using the same patterns when the bubble burst?

 

[OddTrader]

does it mention how he ended up losing most of that 18m using the same patterns when the bubble burst?

May be the question would be better like: Did he start trading with 81 millions just 81 days before reaching the 11K as remaining capital?

The guy turned 11k to 18 millions in 18 months trading chart patterns.
It was thanks to the dot com bubble in the '99-2000.

 

[hoop121]

lol. he was actually a plumber before he started trading. he's a brilliant trader and i follow his market calls closely. but he didn't apply proper risk management until after he made that huge run

 

[nursebee]

Yeah, he does not disclose anything close to current actual performance or net worth.

At times he seems to hype low volume stuff like AICA, hardly worth my interest, should not be anything for him to put real money into, trades less than 1m shares a day.

His service is >$100 a month, had over 400 users I am sure, 40K per month or better? Good for him but I do my thing

 

[Zestilio]

Well, looking for companies that haven't saturated the market yet is quite a nice idea indeed. That's a good point against buying AAPL, for example.

 

[sysfraix]

does it mention how he ended up losing most of that 18m using the same patterns when the bubble burst?

He lost 70%, still some millions on the table.

He mentioned it in this other interview: