William D. Gann was a trader of the early 20th century. His abilities for
profiting form the stock and commodity markets remain unchallenged. Gann’s
methods of technical analysis for projecting both price and time targets are
unique. Even today, his methods have yet to be fully duplicated.
100 years ago, the legendary trader W. D. Gann used financial astrology to pinpoint prices in his market forecasts, and reportedly made over $55 million in his lifetime.
His successes are legendary. Gann literally converted small accounts into fortunes, increasing their net balances by several hundred percent. There are numerous examples of his trading successes, among which are these:
1908 – a $130 account increased to $12,000 in 30 days.
1923 – a $973 account increased to $30,000 in 60 days.
1933 – 479 trades were made with 422 being profitable. This is an accuracy of 88% and 4000% profit.
1946 – A 3-month net profit of $13,000 from starting capital of $4500
GANN WAS THE OWNER OF PRIVATE PLANE...AT THAT TIME ...
GANN'S MOST TECHNICALS RESEARCH ARE BASED ON GEOMETRY...
Gann’s trading methods are based on personal beliefs of a natural order existing for everything in the universe. Gann was part of a family with strong religious beliefs. As a result, Gann would often use Biblical passages as a basis for not only his life, but his trading methods. A passage often quoted by Gann was this from Ecclesiastes 1:9 - 10:...He strongly believe in astrology also...his method yet fully not revealed but part of his astrological work, now a days big analysts use it.
Certain price reactions are found to occur during specific times. The actual
TYPE of price reaction can be anticipated, and pre-determined, by using Gann
time rules.
Gann time periods last not only days or weeks, but months and even years. Gann’s trading year is first divided in half, equivalent to 6 months or 26 weeks. The year is then divided by eighths, and then by sixteenths. And then, after you think you understand all of this, you find that Gann’s year is also divided by thirds.
His successes are legendary. Gann literally converted small accounts into fortunes, increasing their net balances by several hundred percent. There are numerous examples of his trading successes, among which are these:
1908 – a $130 account increased to $12,000 in 30 days.
1923 – a $973 account increased to $30,000 in 60 days.
1933 – 479 trades were made with 422 being profitable. This is an accuracy of 88% and 4000% profit.
1946 – A 3-month net profit of $13,000 from starting capital of $4500
Gann’s trading methods are based on personal beliefs of a natural order existing for everything in the universe. Gann was part of a family with strong religious beliefs. As a result, Gann would often use Biblical passages as a basis for not only his life, but his trading methods. A passage often quoted by Gann was this from Ecclesiastes 1:9 - 10:...He strongly believe in astrology also...his method yet fully not revealed but part of his astrological work, now a days big analysts use it
Gann time periods last not only days or weeks, but months and even years. Gann’s trading year is first divided in half, equivalent to 6 months or 26 weeks. The year is then divided by eighths, and then by sixteenths. And then, after you think you understand all of this, you find that Gann’s year is also divided by thirds.
