If 10 pips a day is too hard, here's one with just 5 pips a day but you have to use a broker that doesn't charge you the artificial spread.
Will anyone ever beat Zangar's World Record of turning $10k into 42million in 18 mos?
- Thread starter discrat
- Start date
Isn't this Larry's new home?
Just curious. Did Zanger use options? Also, does anybody remember what the margin requirements were for the photonic and genomic stocks were? I vaguely remember DIGL being the standard margin requirement, but I could be wrong. Concentrated buying on the dips and pyramiding on stocks that go up greater than 1000 percent in a year can produce some interesting results. Darvas's idea?
Hello:
I know a few fairly wealthy folks who are extremely lazy (just my opinion). I don't see any connection between laziness and homelessness. Clearly, it would be difficult for a lazy homeless person to change their circumstances.
A while back I took the time to actually talk to homeless folks in Santa Barbara. What I noticed was that often, they were essentially unemployable. The majority of the time, they were alcoholics, drug addicts and/or had a criminal record that prevented them from obtaining any but the most menial jobs. After a while they simply gave up, finding it easier to live on the streets, and off the public dole.
While I would prefer to have them disappear, along with the illegal Mexican gang members, drug dealers, hookers, and fringe pseudo-journalists, I believe it is not going to happen. I am interested in hearing any reasonable ideas, but to date have heard not a one. Apparently people like to complain, to deny that the problem exists, or to leave it to others to find a remedy..
I am thinking about it and if I get an idea I will post it.
As for Zanger, he is what I would term a "statistical outlier". A person who happened to have extremely good luck. I don't see much use in examining his record or trying to emulate him.
Good luck
I know a few fairly wealthy folks who are extremely lazy (just my opinion). I don't see any connection between laziness and homelessness. Clearly, it would be difficult for a lazy homeless person to change their circumstances.
A while back I took the time to actually talk to homeless folks in Santa Barbara. What I noticed was that often, they were essentially unemployable. The majority of the time, they were alcoholics, drug addicts and/or had a criminal record that prevented them from obtaining any but the most menial jobs. After a while they simply gave up, finding it easier to live on the streets, and off the public dole.
While I would prefer to have them disappear, along with the illegal Mexican gang members, drug dealers, hookers, and fringe pseudo-journalists, I believe it is not going to happen. I am interested in hearing any reasonable ideas, but to date have heard not a one. Apparently people like to complain, to deny that the problem exists, or to leave it to others to find a remedy..
I am thinking about it and if I get an idea I will post it.
As for Zanger, he is what I would term a "statistical outlier". A person who happened to have extremely good luck. I don't see much use in examining his record or trying to emulate him.
Good luck
http://www.tradersnation.com/zanger.shtml
This discussion is giving me some deja uv & reminded me of some of the most ridiculous things I personally witnessed during the 1999 gold rush. Naturally of course I didnt buy the shares, just was a spectator.
ICGE ((remember that one??)) announced a 2-1 stock split.....the day before it was scheduled to split had run well into the $150+ range. It opens up at $75ish the day of the split & I kid you not within less than 1 1/2 days of trading, it was back bursting to nearly $170
CRA was another great one missed. Its too bad I never read science magazines, because actually anyone in the loop about the genome map project should have gotten this one. It sat in the $5 range forever and during the best part of its run went up 3000%, split, and than in less than a week of trading, doubled again!
whatever happened to B2B?? ARBA & CMRC soared to the moon -- CMRC had a stupid pre-split run to $500+ & would gain $50 in a single hour.
Master's of Trading 1 Part 1 - Dan Zanger
http://video.google.com/videoplay?docid=7710736047622561973
http://video.google.com/videoplay?docid=7710736047622561973
that interview offered adsolutely nothing other than an invitation from the SEC to scrutinise his trading activities..
It was very silly of Dan to comment on his 160,000 share short in Ebay for his P.A.(made 3.2 million overnight) while mentioning that he also has runs a hedge fund which did not short a single share of Ebay.
I thought I heard him say he has none of his money invested in the hedge fund...
You could see that he knew he made a boneheaded statement and tried to backtrack...That was a scary interview
..