Then one day in 2004, I was browsing through a trading magazine at the book store and I read an amazing successful story about a former pool contractor who became a multi-millionaire by turning $11k into $42 million in 18 months. His name was Dan Zanger. Learning about his astonishing story made me so inspired and excited, as if I found the miracle, and I knew he would be my mentor!
From Wikipedia this awesome story click here
Rakesh Jhunjhunwala Success Story from 5k to 1.8$ Billion clicks here
And Also know about his shares in lack click here
He started his career in 1985 when the BSE Sensex was at 150. He made his first big profit of Rs 0.5 million in 1986 when he sold 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months prior. Between 1986 and 1989 he earned Rs 20–2.5 million. His first major successful bet was iron mining company Sesa Goa(now Sesa Sterlite). He bought 400,000 shares of Sesa Goa in forward trading, worth Rs 10 million and sold about 2-250,000 shares at Rs 60–65 and another 100,000 at Rs 150–175. The price rose to Rs 2200 and he sold some shares.
Achievement and More Challenges Ahead
I started trading full-time again in 2006. By going through that learning curve of losing and winning repeatedly, my trades finally became more consistent and more profitable. I combined Dan’s trading method with my own style, one which fit my personality. By 2008, the hard work paid off. I turned my $50,000 trading fund into well over one million dollars in profit by trading market leaders.
Over the years my trading journey has had many ups and downs. But I am a trader who likes to pick myself up after a fall, who aims high after winning, who loves to keep learning, and who always strives to get better. Trading is my career now and my passion in life.
More story click here