How to trade like W.D. Gann
Author: Timothy J Walker
Students who came to Gann for instruction were first sold a course on a mechanical trading system which he spent many years and thousands of dollars developing and testing, and which he used in one form or another in his own trading. In 1930 he published this method, and accompanied it with examples covering over 15 years of trading in US Steel. Only when students were able to trade successfully would he teach them his more advanced methods of forecasting.
A large difficulty which stands in the way of the modern reader who wishes to study Ganns writings is the absence of charts for many of his examples. It is truly said that one picture is worth ten thousand words. Until the late 20th century, Exchanges did not maintain price and volume data for markets electronically. While they probably have manual records from earlier periods, they have been unwilling to make it available.
This book is a result of hours of data collection and analyses every trade in GAnns US Steel lesson ................
How to trade like W.D. Gann Vol. 2
Author: Timothy J Walker
Tims second book completing the exploration of Gann’s mechanical trading method. will be launched in September 2021
this book explores additional mechanical lessons taught by Gann. And includes
· Chrysler Motors (1935) – the further development of the US Steel system, using the weekly chart, which Gann said was the best for trading stocks.
· Soybeans (1941) – a campaign lasting just over one year that turned $1,000 into $57,000.
· Rye (1946) and Cotton (1946) – two separate examples illustrating the full version of Gann’s trading system, which he expanded to 29 Rules plus instructions about resistance levels and how to determine a change in trend.
· Soybeans (1950) – a development of the system for commodities using the 2-day swing chart instead of the 1-day chart, expanding the rules from the 1946 lesson and giving the most detailed examples of how Gann says to trade.
· Eggs (1949) – another lesson on the 2-day swing chart, showing how to combine signals from different contracts and containing what Gann calls a ‘cinch’ trade.
· Rye and Soybeans (1954) – a lesson for beginners written near the end of Gann’s life, including ‘the greatest advance in May Soybeans in history’, turning $3,000 into $94,000 in 8 months.
· And as a special bonus, in two of these lessons Gann also gave examples of actual trades that he took himself at the time. ...........