If $\displaystyle \arg\left(\frac{z-1}{z+1}\right)=\frac{\pi }{3}$, what is the locus of $z$?
My try
Let $z = x+iy\;, $ We get $\displaystyle \displaystyle\arg\left(\frac{x+iy-1}{x+iy+1}\right)=\frac{\pi }{3}$
$$\displaystyle \arg\left(\frac{(x^2+y^2-1)+2ixy}{(x+1)^2+y^2}\right) = \frac{\pi}{3}$$
$$\displaystyle x^2+y^2-\frac{2}{\sqrt{3}}y-1=0$$
So the locus of $z$ is a circle.
My question
How can I interpret the following equation geometrically?$$\displaystyle \arg\left(\frac{z-1}{z+1}\right)=\frac{\pi }{3}$$

