With 2012 now behind us and new one underway, Dan Zanger, stock trader and host of Chartpattern.com, has had a chance to reflect and take stock of what the market holds for the coming year as he prepares for his upcoming annual stock trading seminar in April.
Ever wondered if you have what it takes to be a really great trader? Your answer may be just around the corner.
It’s been a rough ride for Netflix investors. Without much warning, the stock began to drop in mid-July 2011 after the company divided its DVD by mail and online streaming services into two separate offerings, effectively doubling the price for subscribers in what can only be described as a public-relations disaster.
Legendary trader Dan Zanger and host of ChartPattern.com, who holds the stock-trading record with an annualized return of more than 29,000%, makes no bones about which type of market he prefers.
When the market is rallying and bulls stampeding, it’s easy to get caught up in the hype. But every trader must learn when its time to step back or step out altogether if he or she is to survive in the trading game.
Derivatives have grown from a relatively small market thirty years ago to the 800-pound financial gorilla in the world today. At over $600 trillion in notional value, it’s nearly ten-times the size of total annual world economic output.
What if someone told you it was possible to capture the lion’s share of Dow gains by only being invested and at risk in the market for a little more than half the time?