Gann – His Trading Method’s Made Millions Learn Them For a Profit Edge
- Author Monica Hendrix
- Published June 27, 2007
- Word count 559
W D Gann is one of the most famous traders of all time and his unique methods helped him make a fortune of around $50.00 million and best of all he wrote and recorded the way he did it, so anyone can have access to his trading strategy and apply it for profit.
Trading is one of the ways that small traders can start with small stakes and build real wealth quickly.
The good news is everything about trading can be specifically learned and Gann outlined all his methods in writing for traders to profit from and enjoy today.
His methods are applicable to any financial market from forex to stocks to bonds so you can choose where to apply them, depending on the risk you wish to take.
Let’s look at why you should study Gann and his methods of making money.
- He Had a Track Record
Many e-book sellers or traders sell information but it’s worthless they don’t trade it themselves and simply make up a track record.
Gann made money and his track record and invited newspapers and journalists to track his trades such was his confidence in how to make money.
- Gann and the Law of the Market Movement
Gann pointed out quite rightly, that market prices depended on humans and that their psychology was constant – Because human nature was constant this nature would show up in repetitive price patterns that could be traded for profit
Gann was a technical trader and like all charts believed that what happened in the past would happen again and the key to making profits was to look for recurring price patterns to put the odds in his favor
- Gann’s method
The method was based upon several concepts and one revolutionary which was his concept of price and time.
Gann believed that important price movements occurred when price and time converged.
If price and time however were in synch or did not converge, then time was more important than price.
Time for Gann was the ultimate indicator for seeking clues to price direction.
As he once said:
"Just remember one thing, whatever has happened in the past in the stock market and Wall Street will happen again.
Advances in bull markets will come in the future, and panics will come in the future, just as they have in the past. This is the working out of a natural law"
Gann had many components of his trading plan and his work with the Fibonacci number sequence and Gann angles were legendary.
- Learning Gann’s Methods
If you have never traded before you will have to make yourself familiar with the concepts of technical analysis and there is plenty of free material on the net.
Then simply buy is books and study them – They take a little while to get to grips with and you will need to practice the method, but it will be time well spent.
When you have finished your study you will have a method that you can understand and apply with confidence which is the key to trading with discipline and you know it is based on sound logic – as it made real dollars in real trading.
Gann has been dead for over half a century, yet savvy traders all around the world are still building wealth applying his unique and proven methods.
GRAB 3 X FREE TRADER & FREE TRADER PROFITS NEWSLETTER
On all aspects of becoming a profitable trader including features, downloads and some critical FREE Trader PDF's and more FREE Forex Education visit our website at http://www.net-planet.org/index.html
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- SCOFI: Pioneering Venezuela’s Petroleum Industry for Over 65 Years
- To Understand Risk, Start By Asking What You Don’t Know
- How To Make Money On Binance: A Full Guide
- Airbnb Investment 101: Tips for New Hosts in Australia
- Indian Gold Demand Rebounds During Important May Festival
- The Investment Terrain in Crypto, Blockchain, and Web3
- Exploring Bitcoin: Corporate Giants Embrace the Cryptoverse
- The Significance of Static IP Address for Trading
- TYPES OF FOREX REGULATIONS
- Weekly Events: Avalanche & Chainlink Collaboration, CommEx Closure, And More
- Assani Elolo Ronaldo - How Bank Instruments Facilitate Gold Deals
- Crypto News: Mempool Solana Shuts Down, Police Integrate Cardano Into Their Work, WhiteBIT And FC Barcelona Launch New Course
- Is Crypto Entering 2021 Vibes?
- Bitcoin Updates All-Time High In Momentum Amid Its Scarcity
- Analyst Announces Bull Run Start, Cites Stock-to-Flow Strategy
- Weekly Crypto News: Telegram Pays Toncoins, WhiteBIT Is Now TradingView Broker And More
- undetectable banknotes
- Unlocking Financial Success: Why Successful Portfolios LLC is Your Best Advisor
- Are EVs a Threat to the Republic?
- A Deep Look Into Binance: Can It Really Be Trusted?
- Ledger Live - Most Trusted & Secure Wallet - Ledger
- Decoding the Future: Navigating the Crypto Landscape
- Don't Cry for Me General Motors
- Investing in exponential growth stocks: what can you choose
- Leveraging ChatGPT AI for Smarter Stock Market Analysis and Investments
- Shib, Doge, and Pepe Have a New Competitor: The Rise of $FUFU Token
- Unlocking Wealth: The Power of Apartment Syndication in Real Estate Investing
- 6 Reasons to Invest in Bitcoin
- Blockchain and AI Convergence: A New Era of Innovation
- Financial Planning for Small Business Owners: Tips for Success