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Q&A: Dan Zanger: Coast-to-coast trading
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AT-June 2006-6
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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 years market might be a tougher environment than many people expect.
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Detailed Description
Many people dream of striking it rich in the markets and retiring to a warm, sunny part of the world, maybe whiling away the days on a boat and enjoying the good life.
Dan Zangers doing that, except for the retirement part.
"Dan Zangers sinkorswim trading" (Active Trader, August 2004) profiled the former swimmingpool builders trading career and his spectacular returns during the height of the 90s bull market 29,000 percent in a year and 164,000 percent over 18 months. He amassed $42 million before losing more than half of it when the market bubble burst in 2000, but he was still a millionaire when all was said and done.
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