Chart Patterns Trading And Dan Zanger - Technical Analysis Of Stocks & Commodities 2003.pdf

Reprinted from Technical Analysis of STOCKS & COMMODITIES magazine. © 2003 Technical Analysis Inc., (800) 832-4642,
INTERVIEW
The Charts Know It All
ChartChart Patterns,Patterns, Trading,Trading,
AndAnd DanDan ZangerZanger
Trader Dan Zanger of first hit the media spotlight in December No other bands replicate them that I
2000 when he was featured in a Fortune article. The article, entitled “My Stocks know of. Bollinger e close in
Are Up 10,000%!” discussed how he had turned $11,000 into $18 million in 18 some ways but not others.
months (with a return of 164,000%), an unofficial world record for trading stocks
(with the tax receipts to prove it). Not mentioned in the article was that in 23 Some traders use volume and price as
months, the total grew to $42 million. well but also employ support and resis-
Also not mentioned except in passing was much detail about Zanger’s trading tance levels and moving averages to
techniques, indicators, and philosophies or an outline of his typical trading day. trade. Do you use i or sup-
He uses chart patterns to find high-volatility (“frisky”) stocks. The article piqued port/resistance levels?
the interest of many readers about the art of technical analysis and provided Support and resistance yes, but Fi-
insight into what is possible for those with the skill and dedication. How is he doing i rarely; but I do use them mo