I remembered that he took $10k and turned it into $42m in 2 years. Not sure where you get that 20 years from. As of right now nobody knows how rich or (poor) he is...
This is 100% true. Some people have better traits for trading and it cannot be taught (Or it is hard for someone not good at it to be very good at it). I won't say its impossible but it takes practice and its hard to change, like for someone introvert to become extrovert or someone bad tempered to be calm. I know Richard Dennis did a bet where he said he can get anyone to be a good trader. But in actuality he actually screened for people who innately have the ability to be good traders by asking questions and filtering them. Also, for those who made it and traded his system but deviated he dropped them off. So by saying he can get anyone to be a good trader he was wrong. He actually screened thousands of people, picked the one with the best traits and then in the actual trading process kick out the ones who don't follow his rules. If he say picked 10 random people without screening and actually asked them to trade and cannot kick them out halfway, i'm sure the results will be different.
That's what I meant when I said they lack the overall market understanding of when to size up and use it. As separate so not like "size up and use it" but size up and also use it in general, but my sentence structure is admittedly poor.
From the interweb of course The Dan Zanger Story: From Pool Man to Market Wizard (optionstradingiq.com)
The Master is back! I cant watch his stream live though,it distracts me from my own trading. I can watch the replay later on Twitch or youtube. In just 47 minutes of streaming he dropped several gems of wisdom.
I just started paying for his Trial. He puts out a sunday, monday, wednesday night report. In the chat he goes by DANO and is fairly active. In his email reports he basically always points to stocks he already owns and is up bigly on. (Shocker) I am not however finding that he puts out a buy instruction in chat or anything like that.
Been so long since hes been back. I just recently closed his twitch tab thats been open on my comp for like 2 years just for me to have to reopen it lol. I guess we can use him as a market gage. When KK is streaming you know stocks are hot.