Late in his career, he sold a ‘master course’ to private students for $5,000 apiece. He also wrote various books throughout his life, including The Tunnel Thru the Air and 45 Years in Wall Street. In 1923, he began another publication, The Busy Man’s Service, in which he provided specific trading recommendations. It covers stocks and commodities and making yearly forecasts. The letter is as The Supply and Demand Newsletter. In 1919, he started publishing a daily market letter. He went ahead and created his investment strategy as a broker as he observed the mistakes of clients and learned from them. Soon, he opened his own brokerage firm, W.D. Gann began his career working at a brokerage firm and attended business school at night.Ī year after he started trading in the stock markets, he moved to New York City to work at a Wall Street brokerage firm. He used it to learn to read and in the cotton warehouses, where he learned about commodities trading. William Delbert Gann got most of his education from the Bible. He neither graduated from grammar school nor attended high school because his parents wanted him at home to work on the farm. He was born into an impoverished cotton-farming family. Gann was born in 1878 in Lufkin, Texas, and he was the first of 11 children. However, critics argued that there’s no concrete proof he ever made a great fortune from his predictions. They are just as true today as they were then.ĭisciples of Gann claim he was one of the most successful stock and commodity traders who ever lived. But what is really amazing about these rules is that while he wrote them one hundred years ago. The rules range from basic money management principles to the all-important mental game. Just as impressive as the trading tool he created are the rules he used in trading. Gann was a finance trader who developed a technical trading tool known as Gann angles. Gann’s trading strategies are still widely used today. He used calculations to predict events in the financial markets and historical events.
Gann is probably the most mysterious of all famous traders in history. His theory on intraday trading is one of the most successful methods for day traders. Most of these were very powerful, that they are widely used by traders even today. Most of his works are on astronomy, astrology, geometry, and ancient mathematics. Including the WD Gann Angles, Circle of 360, Square of 9, Hexagon and many more. He created various technical analysis tools. As a finance trader, he began his trading career in 1902 when he was 24. William Delbert Gann or was born on June 6, 1878. So, who was Gann? Why is he sought out even after 60 years of his death? Even your indicators will have the name of WD Gann at least once.
0 kommentar(er)
