|
Remarkable
Predictions and Trading Record |
Using
his own style of technical analysis, W.D. Gann took more
than 50 million dollars in profits out of the markets!
In todays markets that would be closer to 500 million
dollars! After many decades of incredible trading
success, WD Gann moved to Miami, Florida where he
continued his writings and studies up until his death on
June 14, 1955.
Mr.
Gann based his trading methods on "time",
rather than on "price", like so many systems
of today. This made it possible for Mr. Gann to
determine not only when a trend change was imminent, but
also what the best price would be to enter, or exit that
market. So accurate were Mr. Gann's techniques that in
the in the presence of representatives of a major
financial publication, he made 286 trades in a period of
25 market days, on both the long and short sides of the
market. Of these, 264 trades were profitable! . In 1933
Mr. Gann made 479 trades during the year. 422 were
winners and 57 were losers. The return on his capital
was a staggering 4000%. In a large number of cases Mr.
Gann gave them in advance the exact points at which
certain stocks and commodities would sell, together with
prices close to the then prevailing figures which would
not be touched.
It
appeared to be a fact that Mr. Gann has developed an
entirely new idea as to the principles governing stock
market movements. He based his operations upon certain
natural laws which though existing since the world
began, have only in twentieth century been subjected to
the will of man, and added to the list of so-called
modern discoveries.
Throughout his entire career, Mr. Gann consistently
repeated these incredible trading feats, issuing amazing
forecasts in a number of markets one year in advance. WD
Gann's use of Natural Law and geometric proportions
based on the circle, square, and triangle are as
effective today in the Stock Market and Commodities
Markets as they were 50 years ago. His techniques work
in any market and in any time-frame. His methods seem a
bit unusual, and even mystical to many traders, but they
have proven themselves time and again over the past
century. |