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How did Dan Zanger make his money?

How did Dan Zanger make his money?

Fortune magazine wrote an extensive article on Zanger, covering his trading results after reviewing his IRS tax returns and trading records. One day in 1978 Dan saw a stock explode across the ticker tape at the bottom of the screen and hit $1. He made his first purchase and sold the stock a few weeks later at over $3.

How did Takashi Kotegawa make his money?

Takashi Kotegawa (aka BNF/J-Com man) is one of Japan’s most famous day traders. He apparently made a fortune trading stocks on the Tokyo Stock Exchange in the early 2000s. Sometimes making millions per trade.

Who is the best swing trader in the world?

Mark Minervini. Mark has been around the block for many years. He has been a top swing trader for over 30+ years and was also featured in a Market Wizards Book.

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How much money can swing traders make?

Earning Between $80,000 and $85,000 Most of these traders have at least Series 6 or Series 62 licenses for selling securities through the Financial Industry Regulatory Authority, or FINRA. Employers may also prefer hiring swing traders with at least a year or more of experience in swing or securities trading.

Who is trading Father?

Rakesh Jhunjhunwala
Education Chartered Accountant
Alma mater Sydenham College of Commerce and Economics, Bombay The Institute of Chartered Accountants of India
Occupation Owner of Rare Enterprises, investor, trader & film producer
Spouse(s) Rekha Jhunjhunwala

When should I buy swing trading?

A good entry point can be when the stock trades higher than the pull back’s previous day’s high. From there, you need to find the lowest point of the pull back — this is your stop out point, or the swing low. If the stock’s price drops below this point, you should sell your position to limit losses.

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Who is the most richest day trader?

The best and richest Forex Day Trader in the world Bill Lipschutz is a master when it comes to day trading. He’s a Cornell University graduate who began trading professionally in 1984.

Do traders make millions?

If you want to day trade to make millions a year, you’ll likely be disappointed. Very few day traders, or even people in other professions, make millions a year. It takes more than just being great at something to become rich…. and becoming great is a lot of work in and of itself.

Can I live off day trading?

Is Day Trading For A Living Possible? The first thing to note is yes, making a living on day trading is a perfectly viable career, but it’s not necessarily easier or less work than a regular daytime job. The benefits are rather that you are your own boss, and can plan your work hours any way you want.