Dan makes the list of the 40 Greatest Traders of All Time!
The Zanger Parlay
Former swimming-pool contractor Dan Zanger must hold a trading record by having parlayed $10,775 into $18 million in the 18 months between June 1998 and December 1999. He bought CMGI in early January 1999 at $118, rode it to $305, then sold at $138* (*post 2 for 1 stock split) - after which the stock dropped to $87. The trade netted him more than 210 percent in four days. Eventually, the prop trader's nest egg grew to $42 million - which shows how career changes can make the best trades of all time.
Dan Zanger Makes the List
The World's 100 most successful traders
What He trades: No commodities, currency plays or black-box intelligence for this self-made prop legend. Instead, he trades mostly Nasdaq stocks. On the surface, Zanger is a purist, using chart patterns and more chart patterns to find his prey.
How He Trades: What is he looking for? "Frisky stocks that are starting to perk," he says. He takes a high-intensity "180-mph, inches from the wall" margined 2-to-1 approach to trading. In early 1998, Internet stocks exploded, and as they cooled in late 1999, biotechs took off. They ran for six months, then fiber-optic stocks took over in 2000 and cooked until Nortel preannounced a shortfall in earnings.
Dan Zanger in Forbes Magazine
September 2002
Breakout for Royal Gold?
Dan Zanger, editor of Chartpattern.com, has found an excellent example of a cup and handle in Royal Gold (nasdaq: RGLD - news - people ), a Denver-based gold company. Read more...
Click here to read the full article.
August 2004
Blue Light Special For Kmart Bulls
Dan Zanger, editor of Chartpattern.com, says that's a bullish flag pattern. "The horizontal movement is the flag and then the move up is the pole," says Zanger. Read more...
My Stocks Are Up 10,000%!
Fortune Magazine 2000
Tired of listening to neighbors brag about stratospheric returns? Convinced their figures are nothing more than hot air? Turns out some are telling the truth--and they're willing to prove it. Read more...
Click here to read the full article.
To view independent verification of Dan's world record percentage change for one 12 month period of time, check out the Performance Measurement Report done by Effron Enterprises Inc.
Dan Zanger's Sink-or-Swim Trading
August 2004
Coast to Coast Trading
Dan Zanger was a pool contractor who made tens of millions of dollars in less than two years in the late 1990s, then took a huge hit in the bear market but still managed to keep trading. He talks about his fascination with the stock market and shares some of his experiences from the Roaring '90s.
He ran up some big numbers in the bull market, and Dan Zanger is still practicing his high-flying brand of momentum-stock trading. But he thinks this year’s market might be a tougher environment than many people expect.
Click here to read the full article.
June 2006
Active Trader Magazine
In MiamiHerald.com
I Gave 100% to Finding the Big Winners
Dan Zanger tracks the stock market as closely as any Wall Street pin-striper, but you won't hear lingo like "EBITDA," "price/earnings ratio" and "quarterly comps" from him.
When Zanger talks stocks, he talks "low-level channels," "bull-flag runs" and "cup-and-handles."
Articles in Stocks and Commodities Magazine
2003
The Charts Know it All. Chart Patterns, Trading, and Dan Zanger
What indicators do you use? Do you use momentum or other indicators with your chart patterns?
Click here to read the full article.
July 2004
Website for Traders: www.ChartPattern.com
Dan Zanger has made his presence known on the Internet through his website, www.chartpattern.com, which, I might add, offers a rather hip presentation. The animated charts with background music and the occasional beeps that sound at buy or sell points, the bright colors and interesting clipart, if nothing else, make this an enjoyable site to use.
Tradersworld Magazine Interviews
Spring/Summer 06'
Interview of Dan Zanger
"Last year was probably my most profitable year and my biggest dollar gain ever since I started trading. I had some big winners such as Google, Apple, and housing and oil stocks"
Click here to read the full article.
Late Summer Issue - 2004
Magazine Interview with Dan Zanger
who traded $10,775 into $42,000,000 -- in less than 3 years!
Click here to read the full article.
July - August 2010
Interview with Dan Zanger
TW: How do you find your stocks to buy and has anything changed over the past few years on how you do that?
Dan: Nothing has really changed on how I find my stocks. For example if anything is up a dollar or two for the day I want to know about it. I look at anything going across a ticker tape on CNBC or Bloomberg or any programs where a stock is up a buck or more. On interesting stocks I'll see what the pattern looks like then I'll go into my Daily Graphs. I get the Daily Graph chart books every weekend. I can also go online. I look at the fundamentals to see how much the earnings are up.
Traders' Magazine Interviews Dan Zanger
November 2006
Dan Zanger, Mastering the Market
Dan Zanger, of Chartpattern.com, first hit the media spotlight in December 2000 when he was featured in a Fortune Magazine article...
Click here to read the full article.
December 2003
People: Dan Zanger
There's only one reason you own a stock in your portfolio, and that is to make as much money as possible. Read more...
Trade System Guru.com
March 2007
The Stock Master Shares His Secrets
It is not often that traders get a crash course from a legend, but they had that opportunity recently. On May 14, more than 100 attendees gathered to hear the world record holding stock trader speak at a conference in Los Angeles. They weren’t disappointed ...
Trading with The Masters
How Dan Zanger Uses eSignal
By Dan Zanger
My trading style incorporates the identification of volatile stocks in the market with profitable chart patterns, and I use this information to swing trade stocks as they emerge from defined patterns.
Featured in AIQ Opening Bell®
February 2005
How Does He Do It? AIQ User Holds World Record for One-Year Portfolio Appreciation
This month we are pleased to present an interview with Daniel Zanger, publisher of Chartpattern.com. Dan has used AIQ’s Trading Expert since 1992. Dan holds the world record for one-year portfolio appreciation, gaining over 29,000%. In about two years, he turned $11,000 into $42 million!
Click here to read the full article.
June 2000
PRICE PATTERN ANALYSIS PAYS OFF FOR PROFESSIONAL TRADER DAN ZANGER
This month we are pleased to present an interview with Dan Zanger. Dan has been an AIQ user since 1992 and publishes Chartpattern.com, an online newsletter.