WD Gann was one of the prominent traders in history. There has been any as William Delbert Gann. Even after his death in 1955, Gann trading strategies are still used.
WD Gann believed that only natural laws and Universal principles influence the market movements, he converted the knowledge of several universal & fundamental laws into geometry, astrology, and ancient mathematics and other physical Knowledge to predict events in the financial markets.
Even though there's no concrete proof to show how successful Gann was, it's still held that he was amongst the top successful stock and commodities traders. We are going to do a quick brush through the history of Gann to know if he was great or just a specialist who was good in writing and selling books.
It all started in the poor Baptist home, a cotton-farming family in Lufkin Texas in 1878. Gann was the first of 11 children and worked on the farm such that he had no elementary education. A He used the Bible to learn how to read and other primary things. He had a passion for learning and learned about commodities trading at his cotton warehouse.
The early days of Gann's career were at a brokerage firm in Texarkana where he worked and still attended a business school at night.
Later on, WD Gann moved to New York City in 1903(just a year after he started trading in the stock and commodity market). He worked at a Wall Street brokerage firm for some years before he opened his brokerage firm, W.D. Gann & Company. He never stopped there, he learned from the mistakes of his client and used them to formulate strategies.
In 1919 after his relocation to New York City, Gann started a newsletter publication, "The Supply and Demand newsletter". They cover stock and commodities and make yearly forecasts. He began another publication called the busy man's service in 1923, where he gave exciting and specific business recommendations.
Gann was indeed an excellent writer with so many books, including the 45 Years in Wall Street and The Tunnel through the Air (a fictional science book that contains his core ideas in a coded form). He sold a master course book for private students for over $5,000 each which is roughly $50,000 today.
WD Gann believes everything is occurring in the market has historical reference points, no wonder he always quote the Book of Ecclesiastes chapter 1 verse 9:,That which has been being what will be, that which is done is what will be done, and there is nothing new under the sun.With the principles of ancient geometry and astrology, Gann carefully surveyed the market and investigated how events and specific numbers repeated across various time cycles.
He always say "To be successful you need to study records because the future market is always a repetition of the past. If you have a data of the past, then you can tell from the study of cycles when a certain event will occur in the future. The limit of future predictions based on exact mathematical law is only an issue since there's not much knowledge and correct data on history to work from".
Having studied the cycle, WD Gann Identified the 60-year period cycle as being of vital importance. He stated:This is the greatest and the most crucial sequence of all, which repeats every 60 years or at the end of the third 20-Year Cycle. You will see the importance of this by referring to the war period from 1861 to 1869 and the panic following 1869: also 60 years later“1921 to 1929“ the most significant bull market in history and the greatest fear in history followed.
WD Gann issued an Annual Forecast for 1929 in which he foretold the end of the 1920 on the 3rd of September 1929. It did crash the same year, but not September 3 as predicted.
A concrete proof of W.D Gann's trading achievements is still not available, but it's quite evident that his principle and legacy still marvels traders and has always been befitting.
In October 1909, W. D. Gann made 286 transactions in many stocks, both the long and short side of the market, in twenty-five market days. 264 of these transactions were profitable, with 22 in losses. At the end of the month, he had 1000 percent of his initial margin, and the capital with which he operated was doubled ten times.
It's important for you to know these principles because Mr.Divesh will be employing these great principles to teach the cornerstone of successful stock trading.
WD Gann's Secret was simple he studied the Universal & Natural Laws of the universe then formed & perfected that Natural Laws language into markets trading techniques, his trading methods & trading techniques were unique same as I am offering those type of trading techniques in today's time.
Gann's material is a mystery to modern-day traders. One reason is that not all of Gann's principles are clear. Perhaps the master wanted his students to do their due diligence. There are several variations to this concept.
But now finally the time has arrived, the mystery of Mr.Gann work & market trading techniques has been Re-discovered under The Master Course: Gann Price-Time Trading Secrets.