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Gann Masters II (Paperback)
Loot Price: R459
Discovery Miles 4 590
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Gann Masters II (Paperback)
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Loot Price R459
Discovery Miles 4 590
Expected to ship within 18 - 22 working days
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For those traders who have read Gann's books or studied his Trading
Courses the name of W.D. Gann and his accomplishments are well
known. For the others, a brief outline of his record should prove
interesting. Gann is considered to be one of the most successful
commodity traders in history. In a career that spanned over 50
years, he is supposed to have taken 50 million dollars out of the
stock and commodity markets. The accuracy of these figures cannot
be verified but it is known that Mr. Gann lived quite well for his
time. There were several magazine and newspaper articles that
described his accomplishments. One observer watched Gann make 286
stock transactions during the month of October 1909. Of those
trades, 264 or 92% were profitable. On another occasion, he turned
a $130 account into $12,000 in less than a month. He had the
ability to call a market turn within one day and highs and lows to
an eighth of a point. All of these claims are a matter of public
record. Gann's trading philosophy can be described in his own
words: Through the law of vibration every stock and commodity in
the marketplace moves in its own distinctive sphere of activities,
as to intensity, volume and direction; all the essential qualities
of its evolution is characterized in its own rate of vibration.
Stocks and commodities, like atoms, are really centers of energies,
therefore they are controlled mathematically. They create their own
field of action and power; power to attract and repel, which
explains why certain stocks and commodities at times lead the
market and turn dead at other times. Thus to speculate
scientifically it is absolutely necessary to obey natural law.
Vibration is fundamental; nothing is exempt from this law; it is
universal, therefore applicable to every class of phenomena on the
globe. Thus, I affirm, every class of phenomena, whether in nature
or in the market, must be subject to the universal laws of
causation, harmony and vibration. The purpose of this book is to
show you what can be done forecasting the markets via Gann methods
through the use of the unique Ganntrader 3.0 program produced by
Peter Pich. Gann discovered some valuable but often unbelievable
laws that govern the markets. The primary purpose of Ganntrader is
to allow you an efficient way to test Gann's discoveries in order
to confidently integrate them into your own trading system. The
following will go through actual software program setup so you
understand the basics of the entire process.
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