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Dan Zanger, how to make a LOT of moneyI was told about this guy called Dan Zanger a while back, if you want some inspiration about how much money can be made through trading... then this guys stuff is the stuff to make you get inspired. Formerly a pool contractor, over several years he honed his trading strategies until he became an absolute success. After he worked out a strategy he invested $11,000 and 18 months later that had become $18 million, then he grew that $18 million into $42 million!!!! It's a world record for greatest percentage increase. Dan Zanger made all his money through trading on the stock market. What is great is that a lot of the information about his strategy, what he looks for in a stock etc. can be read on many sites around the internet, such as this article on investopedia. What surprised me when I heard about it was that he did it with 2:1 leverage which when you think that you can have up to 200:1 leverage with some FOREX brokers you think, damn he could have made a lot more with more leverage. However after reading the post about what is the best amount of leverage , I realised that maybe Dan Zanger only using 2:1 leverage was part of the reason that he actually did so well, rather than get wiped out by his bad calls he was able to recover without too much trouble. If you want to read more about Dan Zanger, you should probably check out the media section of his website. When I was told about Dan Zanger I didn't ask how you spell his name and for some reason I had a lot of trouble spelling it, so here are some alternative spellings that I tried before I figured out the proper one: Zangar, Zanga, Xanga, Xanger, Xangar... I can't remember the others that I tried. In some more personal news: I'm still making profits :D I closed out my big money making positions at close to the right time, since then I've just been making a few small short term trades that have mostly all gained a little bit, at least no big losses. I think I've also changed my leverage (though I thought I changed it to the highest leverage), since now a few pips isn't much in a money sense... will have to figure out what is going on, it will take me a while to work back my deficit at a couple of dollars a pip ;) Don't I sound like a fool writing about how it's good to have low leverage then saying that I want big leverage to get rid of my deficit hehe
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