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$10,000 into 18 million in 18 months!

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Pappon

I dislike labor supporters
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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.
 

Yeh evidently hes known as "Trembling Hand"

Havent been able to substantiate that though.
 
That'd require about 2% a day if growth was linear (which it never is). Almost all of that will come in the last 6 months, so it's probably better to think of it as turning 10k into a million in 12 months. I'm sure that has happened many times.
 
First heard about him in a Fortune magazine article. I can't find the reprint but here is an excerpt from it: link.

EDIT: Actually here is the article from Fortune's archives.
 
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.
 
he passed the big money on to bernie maddoff for a safer growth,
currently lives under a newspaper in central park
 
$10 into 120k would be impressive indeed :. I've got a similar aim.
 
Mr J said:
$10 into 120k would be impressive indeed :. I've got a similar aim.
Click to expand...

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.
 
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."
 
tech/a said:
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."
Click to expand...
Unfortunatetly, I can top that Tech.



Perhaps we write a book together?
 
tech/a said:
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."
Click to expand...

haha, i have to laugh that's hilarious tech/a
 
big whoop, he made a **** load on google along with alot of other people.

leverage + timing + some luck = big wins
 
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