I was glancing over your traders edge magazine and noticed an interview with a trader called Dan Zanger 29330% or so ROI turned $10000- into 18 million in 18 months. That is insane does anybody know his story? Did this guy actually ever hit a LOSING trade in this period? It's nuts.
$10,000 into 18 million in 18 months!
- Thread starter Pappon
- Start date
tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,400
- Reactions
- 6,317
Yeh evidently hes known as "Trembling Hand"
Havent been able to substantiate that though.
Trembling hand?
Trembling Hand
Can be found on the bid
- Joined
- 10 June 2007
- Posts
- 8,852
- Reactions
- 204
Tech thats a nasty rumour you are starting.
and completely wrong. I started with $600
:
- Joined
- 29 June 2007
- Posts
- 467
- Reactions
- 0
Well this is all very encouraging.
I've recently started a little side experiment to see if I could turn $10 into $120k in 12 months. A far more modest task.:
I'm using the old notion of 'compounding' and aiming at a weekly gain of 5% on my capital. It's early days yet as I'm in week 6, and slightly ahead of the curve (week six target is $12.7k and I'm at $13.2K)
I'll give it six months and if I have meaningful results I'll post a summary.
I've recently started a little side experiment to see if I could turn $10 into $120k in 12 months. A far more modest task.
:I'm using the old notion of 'compounding' and aiming at a weekly gain of 5% on my capital. It's early days yet as I'm in week 6, and slightly ahead of the curve (week six target is $12.7k and I'm at $13.2K)
I'll give it six months and if I have meaningful results I'll post a summary.
- Joined
- 2 January 2008
- Posts
- 311
- Reactions
- 9
he passed the big money on to bernie maddoff for a safer growth,
currently lives under a newspaper in central park
currently lives under a newspaper in central park
- Joined
- 14 March 2006
- Posts
- 3,630
- Reactions
- 5
he passed the big money on to bernie maddoff for a safer growth,
currently lives under a newspaper in central park
Do tell?
- Joined
- 29 June 2007
- Posts
- 467
- Reactions
- 0
$10 into 120k would be impressive indeed
If nothing else it will be an interesting exercise in tailoring the trading style to suit the capital (as it hopefully grows) and the market conditions. So far I am mostly daytrading and scalping with the occasional trade held over a few days.
Stops are kinda intuitive, but mostly I bail as soon as the trade goes against me, so at the moment it's all about the entry, a quick profit and very minimal losses.
tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,400
- Reactions
- 6,317
I wonder why I didnt get a mention
$120k to $10k in 4 weeks?
Perhaps you've read my book.
"How to own your own small business---Start with a large one."
$120k to $10k in 4 weeks?
Perhaps you've read my book.
"How to own your own small business---Start with a large one."
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,017
- Reactions
- 11,000
haha, i have to laugh that's hilarious tech/a
$10 into 120k would be impressive indeed
Is that $10.00 or $10k?
Assuming it was $10k.
- Joined
- 29 June 2007
- Posts
- 467
- Reactions
- 0
Whoops!
Yes that should have been $10k.
$10 I can turn into waste by eating for a day.
Heres a short video of an interview on how he trades.
http://video.google.com/videoplay?docid=7710736047622561973
http://video.google.com/videoplay?docid=7710736047622561973
- Joined
- 29 May 2008
- Posts
- 677
- Reactions
- 0
big whoop, he made a **** load on google along with alot of other people.
leverage + timing + some luck = big wins
leverage + timing + some luck = big wins
That was in 2005. The other link article above from timmy was from 2000, wasn't it? So he must have been around for a bit
Here's his webpage
http://www.chartpattern.com/cf/index.cfm
And a link to chart patterns he trades on
http://www.chartpattern.com/understanding_chart_patterns.html
