Youtube Dan Zanger Never Let Them Get Me Again
Dan Zanger holds the World Tape for boasting a 29,233% return in his own portfolio in unmarried yr.
Through his website, chartpattern.com, Dan runs a nightly newsletter featuring his latest stock picks and analysis.
Dan Zanger records
According to his website, Dan Zanger has spent some 20 years and x,000+ hours studying every type of chart blueprint formation imaginable. He combines chart patterns with fast growing companies that boast peachy earnings and revenue growth. These stocks so get on to yield big returns of sometimes a few hundred percent or more than.
Dan holds 2 globe records for the largest portfolio returns in both a 12-month and eighteen-month time menstruation. He did this during the late 90s and turned roughly $11,000 into $18 million betwixt June 1998 and December 1999.
Dan Zanger newsletter
Being a reader myself now since 2007, how it works is iii evenings each calendar week (Sunday, Monday, Wednesday) Dan emails a summary of the overall market and his latest charts analysis. Each newsletter includes effectually 16 charts on average.
Visit Dan Zanger's ChartPattern.com
Each newsletter ever includes assay of the major indices alongside brusk term sentiment via NYMO. From there, the newsletter will encompass the major trends, story stocks, Dan'due south personal picks, and setups he's watching. It's important to note that Dan does not say in the newsletter which stocks he'due south actually holding.
During each trading day Monday - Fri, Dan will also pop in and out of his chat room and chat with subscribers, answer questions, give feedback on stocks, etc. The conversation room is open up 24/seven to subscribers.
Similar all stock picking services, Dan has a variety of big winners he promotes on the site. Obviously, big winners like these are extremely rare; furthermore, while information technology tin can be assumed Dan traded these stocks and profited, no 1 knows for sure to what magnitude. "How long did Dan concur these positions?" "How much did he make?" are all unknowns.
Hither are several examples:
1. Baidu (BIDU) - BIDU was recommended at only over $100 a share. The stock ran up several hundred percentage before splitting one for x and now trades at around $80 or $800 with pre-split pricing, a render of 500+%.
2. First Solar (FSLR) - FSLR was recommended at $31.fourteen. The stock ran upwardly over $110 a share before being marked as a sell, a return of 250+%.
iii. SanDisk (SNDK) - SNDK was recommended at $22.00 a share (chart on left). The stock ran up to over $80 before beingness marked as a sell as it broke downwardly, a return of some 400%.
Customer testimonials
From talking to other subscribers at Dan's seminars and being a reader for multiple years, I have heard stories and can certainly see how subscribers can turn a profit from Dan's analysis. I personally have not gotten rich off the newsletter.
While testimonials like the ones below (emphasis mine) are certainly exciting and encouraging, potential subscribers should know success stories like these are rare and require substantial personal skill, not also mention a good for you dose of luck. Dan'due south newsletter does not make it overly obvious which stocks are good buys. Instead, he simply shares his thoughts and leaves it up to the reader to apply their ain analysis to brand a trade determination.
"Dan, Today is my biggest 1-twenty-four hours gain - most 6 figures gain. Thanks for your wisdom. When some people in the chat room today felt the market might sell off after the Fed announcement, but you said judging by the way BIDU was breaking out today, you did not feel the market would sell off. I had a lot of calls of GS, BSC, MA & some stocks such as BIDU, etc. What y'all said stopped me from selling any earlier the Fed declaration. What you said came from your many years of experience. Tin can't find it in any books or from "financial experts". You are the best. By the fashion, I've been to your seminar 3 times & been a subscriber for many years, Withal learning. Tony"
"How-do-you-do Dan, I attended your seminar in May. Since your seminar, I made over $200,000 on your long trades from May through July. Because of the correction, I haven't traded during August, until August 15th, and shorted RIMM and Water ice, afterward your calls, and fabricated $35,000, for two days, during the market steep pass up. Thank you for your newsletter, seminar, and your messages in the chatroom. Give thanks you for beingness a great trader and not but another guru, whose salesmanship is amend than his trading. I have been a successful trader, that has traded for a living for many years, and you accept made me a lot amend trader. Thanks very much. David Frank"
"Howdy Dan, Just wanted to let you know well-nigh i of the stories your responsible for.... My parents are celebrating their 47th Wedding Ceremony today and I had the great pleasance of letting them know that I had surpassed $one,000,000.00 in profits year to date..... I accept been reading your newsletter and benefiting from your intra-mean solar day data for over a year now.... Priceless, amazing, unbelievable,... I could proceed and on.... Merely wanted to say thanks for all the dreams you have allowed me to plow into reality... All my thanks, Jeffrey S."
Three of import caveats
Dan Zanger'south newsletter is a subscription service for a reason. The newsletter easily takes several hours to write every night. Clearly Dan isn't doing it for charity, otherwise he wouldn't be charging $125 per calendar month.
While Dan grew his portfolio to $42 million past the end of 1999 and set 2 world records, he had to pay a massive tax bill to Uncle Sam. Thereafter when the bubble outburst in 2000, Dan openly admitted in a 2004 interview with Agile Trader Magazine that he made mistakes and lost 75% of his portfolio.
After the dot-com boom and bust, Dan had some potent years of 50% returns or more, but from what I've read and heard, he has never come shut to seeing similar returns.
Just like my list of reasons why I stopped mean solar day trading article, here are several important points to empathise before subscribing to Dan'south newsletter or Whatever stock picks newsletter subscription:
- The just publicly audited returns Dan Zanger has are from his world records in 1998 - 1999. He has non had any of his returns audited or published since.
- Dan's newsletter service is a business, non a hobby. Let's say Dan has 1,000 paying subscribers. At the current $125 per subscriber, that is $i,250,000 per twelvemonth in acquirement each twelvemonth for sharing his market analysis. Not a bad lifestyle.
- Subscribing to the newsletter doesn't guarantee returns.Dan Zanger volition not make you rich. Those who turn a profit from Dan's newsletter are seasoned traders with aplenty experience and a lot of personal skill.
Why I read Dan Zanger'south newsletter
Caveats bated, the reason I read Dan Zanger's newsletter and recommend it here on StockTrader.com is because of the educational value and market insights Dan provides.
Dan does a terrific job following large trends, reading the market environment, and identifying setups. As a subscriber, you lot accept to understand that for every 10 trades ideas Dan posts, he volition probably only trade i himself, if whatsoever. Dan often shares his actual positions in the chat room with subscribers, and it is clear to me that the majority of stocks ideas mentioned are not traded.
The newsletter isn't designed to tell yous exactly what to buy and sell and what to exercise. Instead, it's there to provide a well respected trader's stance and thoughts.
The comments and analysis within each newsletter serve as both a phenomenal source of education and a fresh perspective on the markets yous won't detect anywhere else.
Ultimately, regardless of what Dan'southward functioning has been in the years since the dot-com boom and bust, Dan has proven himself and earned the title equally the world record holder for the largest render of a unmarried portfolio in 1 year. How many people do you know that accept washed over 29,000% return in one year?
Visit Dan Zanger'southward ChartPattern.com
Dan Zanger seminar review
Stepping away from the newsletter, back in January 2012 I attended Dan'due south seminar in Los Angeles California (I later attended the 2014 seminar too). I was offered tickets to both (I paid for my own flights, lodging, etc) as a give thanks you lot for being one of Dan's tiptop affiliates over the years.
Here is my detailed review from back in 2012.
Now that I am dorsum in town, I desire to share a full review of the seminar and my personal thoughts every bit I know multiple people have already asked me how it went.
In a nutshell, Dan Zanger'south seminar was awesome and the knowledge gained is simply priceless.
What made the seminar so unique was Dan himself. I realized after that it doesn't matter how many unlike books I've read or how many charts from Dan's nightly marketplace newsletter I've saved and studied over the years, nothing compared to getting a full 24-hour interval walk through from Dan live in person.
Why? Considering Dan put'due south everything into perspective.
Dan is a proven, extremely successful investor who has accumulated vast wealth doing what he loves. His experience and passion resonated through everything he said to us who were in attendance.
Whether it was talking about the market as a whole or the many specific patterns and nautical chart examples from the past, the little tips and tricks of the trade alone easily covered the price of access.
Seminar overview
The seminar revolves effectually a 174 page spiral volume we all received upon arriving. Dubbed the "Game Volume", the commencement summarizes the central pieces of Dan'southward strategy and some basic educational fabric while the rest is all stock charts, both current and historical examples, that Dan uses to teach from.
Dan kicked off the seminar by going through all of his tools of the trade. From his eSignal quote stream to his AIQ charts, TD Ameritrade iPhone app, and MarketSmith. He explained why he uses them and more than importantly how he uses them to exist successful.
From there he went into an overview of what he looks for in making his stock selections, discussing basics bar setups, the market place, and patterns. This too included the companies themselves, why earnings matter, why the brand matters, and how to distinguish the big winners from the rest.
A quick side note, Dan is a CANSLIM investor at heart and part of the initial overview was more or less a recap for myself personally as I already understood the CANSLIM philosophy. Notwithstanding, the quick refresher was nice and his personal wisdom was actually helpful to focus in on what works for him specifically. He calls William O'Neils best seller, How to Brand Coin in Stocks, the "traders bible."
After a overnice sit down lunch (seriously though it was delicious, and I would have taken a picture had I non inhaled my plate every bit soon as it got to the table), Dan then went straight into the charts, explaining scenario later on scenario.
When it came to the charts, every so often Dan would talk over some of the actual trades he had made which was first-class. Hearing almost wins, losses, big wins, and big losses, mistakes, lessons, etc. really was impactful.
Then with multiple hours of nautical chart flipping complete, Dan went into an open Q & A then wrapped up the seminar. All in all, the seminar started around 9:30 AM and wrapped upwardly close to vi PM.
Who should attend Dan's yearly seminar
To actually maximize the seminar, having prior market place experience and being a Dan Zanger subscriber is important. I am by no means a total-fourth dimension trader, and the aspiration to be one day was a commuter to attend. Even so, I understand the marketplace and have been a hobby investor for close to x years and then I could amend have in and translate what Dan was saying throughout the day.
New investors will surely learn a lot, but they will non be able to fully appreciate all the personalized tips and tricks that Dan shares from his career of trading. Also Dan spends next to no time explaining the basics. Information technology is expected y'all know the fundamentals of the game.
Lastly, being a CANSLIM investor or at least having a cardinal understanding of CANSLIM trading is useful. While channels, consolidations, bull flags, breakouts, and other technical patterns are applicable to any strategy, a good do good comes from applying the lessons taught to momentum trading, CANSLIM style.
Closing Thoughts
Dan Zanger someone who has made and lost millions investing in the marketplace. With more profits than losses, Dan understands what it takes to exist successful.
With Dan's seminar, there is only one each year, and while it comes at a cost of $1995 + travel, the investment could very well be worth it.
As far as the newsletter + chat room service goes, the educational value coupled with fresh market place perspective is worth the $125 per calendar month price tag for those who already take marketplace experience.
Visit Dan Zanger'southward ChartPattern.com
I do not recommend Dan'due south newsletter or seminar if you are a new investor. Instead, read my getting started guide and purchase several recommended investment books.
Reviewer Disclosures: As noted above, I was provided with free passes to Dan'south seminars (I paid for my own travel expenses each yr).
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Source: https://www.stocktrader.com/dan-zanger-review-world-record-returns
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