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Author Topic: Dan Zanger  (Read 2165 times)
SleepWalk
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« on: September 20, 2007, 03:31:55 PM »

Dan Zanger turn 11000 into 18000000 in 18 month,

any one know he did it in bull market or during bear market?

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desmond
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« Reply #1 on: September 21, 2007, 11:16:37 PM »

Dan Zanger turn 11000 into 18000000 in 18 month,
any one know he did it in bull market or during bear market?

All i know is that he looks at 400++ stocks every night to spot chart patterns. I'm not sure, but i think he's a day/swing trader.
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SleepWalk
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« Reply #2 on: September 22, 2007, 11:11:40 AM »

i dont belife he scan 400+ stock every night, because the pattern of 400 stock do not change every night.
and this stock also can not give such as return like what he is getting.
he is not telling the thruth.
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Maxforce
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« Reply #3 on: September 22, 2007, 01:45:16 PM »

This is where you could be wrong.
One can indeed scan 400 counters a day. In fact, we have a forummer who scan all the counters in KLSE - Mr Theng.
Once you have committed yourself and reached a certain level whereby one look you ll know to shortlist or not - then no problem.
First scan - shortlist.
Second scan - prioritize.
Third scan - decision.

And btw, US Stocks movement not like KLSE stock movement. Look at the Google chart then tell me if we in KLSE experience such dramatic movement. Stock code GOOG if not mistaken.
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smallcap
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« Reply #4 on: September 22, 2007, 04:38:21 PM »

Itu dia!
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High Risk High Return
Maxforce
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« Reply #5 on: September 22, 2007, 06:08:09 PM »

Wah smallcap  afro afro afro
And when you take into account that they play by margin... then you ll see that the profit figure is possible.
In KLSE, we have T+3 - then we either contra it, wait for force sell or pay full settlement.
In US no need woh... play by margin like our FKLI.
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SleepWalk
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« Reply #6 on: September 22, 2007, 08:31:18 PM »

assuming Dan can capture all the up trend in Goog, he only can double his capital without margin, if he margin like what he said, 2X then only can get 4X, 11000 X 4 = can not get 18 milion.

don know how to culculate he can get such return? idiot2
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Maxforce
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« Reply #7 on: September 22, 2007, 09:15:32 PM »

Depending loh.
He do have the world record.
And well, fyi, his was made in a bull run market with maximum leverage. Similar to what Jesse Livermore once did. Mati mati all taruk in.
Assuming he made one mistake... mati oh... (e.g. no discipline to execute stop - this where Livermore was weak)
But either he was a genius or he was superbly lucky. Choose to believe whichever you want. Smiley

And world record kind of thing, would have many people come and audit his statements etc. So there goes.

From what I read, he prefers bull and range market. So in range market, like Desmond suggested - swing trading - would yield maximum results.
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csong
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« Reply #8 on: September 22, 2007, 11:00:08 PM »

400+ charts per night? Some one says 1500+ per night! Read here ....
http://explosive-stocks.blogspot.com/2007/07/why-dan-zangers-method-is-less-risky.html


And apparently he says at one point...he lost about 32% of his account IN ONE DAY !
Read it here .... http://forums.stockfetcher.com/sfforums/?q=view&fid=1001&tid=52375&qrid=

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Maxforce
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« Reply #9 on: September 22, 2007, 11:02:24 PM »

32% in a day!??? Thats huge... supposed thats what maximum leverage brings... huge risk
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desmond
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« Reply #10 on: September 23, 2007, 02:20:20 AM »

i dont belife he scan 400+ stock every night, because the pattern of 400 stock do not change every night.
and this stock also can not give such as return like what he is getting.
he is not telling the thruth.

US stocks are way more "colorful" than our local crap, therefore very suitable for daytraders. I don't read much about him, only from this article (for those of you wondering who Dan Zanger is):
http://rapidshare.com/files/57509133/Chart_Patterns__Trading___Dan_Zanger.rar
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