Has Anyone Beaten Dan Zangers 300,000+% Return

Discussion in 'Trading' started by Fundlord, May 14, 2015.

  1. Visaria

    Visaria


    Well, you only have to get rich once...
     
    #41     May 16, 2015
  2. Visaria

    Visaria

    Survivorship bias, as your mentor might say...

    No we don't know each other, apols for using your name.
     
    #42     May 16, 2015
  3. dbphoenix

    dbphoenix

    He focuses on price behavior.

    He's studied and characterized his instruments and his market.

    He's prepared.

    It's nothing secret; it's just that so few people take the trouble.
     
    #43     May 16, 2015
  4. Apparantly, it's mainly:
    Cup and Handle patterns, Falling Wedges, Ascending Triangles, Bull and Bear Flags
     
    #44     May 16, 2015
  5. Rajacar

    Rajacar

    Yeah, but when I made that kind of money, I thought I was King of the world and I could never lose my Million+ dollars in commission back, but I did (like a fool) and I suspect Dan lost his own back too!
     
    #45     May 16, 2015
    marketsurfer likes this.
  6. dbphoenix

    dbphoenix

    I suspect he focuses on the behavior that creates the pattern rather than the pattern itself. If the "secret" were nothing more than trading patterns, then anyone who traded patterns would be making his living thru trading.

    But it's not so simple, largely because those who focus on patterns ignore the behaviors that are creating the patterns. They therefore don't know when to press and when to hold back.
     
    #46     May 16, 2015
    lawrence-lugar likes this.
  7. Rajacar

    Rajacar

    Anyhow, I am looking for a May 18 swing High in the stock market, basis various Timing methods and Cycles.
     
    #47     May 16, 2015
  8. Everyone who trades from a chart are trading 'patterns' in a sense.
     
    #48     May 16, 2015
  9. dbphoenix

    dbphoenix

    If by "pattern" you mean all price movement, arguably. But when people refer to patterns, they generally mean geometric shapes: flags, pennants, triangles, wedges, cups, horns, and so on. Which carry about the same weight as the big and little dippers and Orion's belt.
     
    #49     May 16, 2015
  10. Would you say a 'hinge' is just a 'triangle pattern', though?
     
    #50     May 16, 2015