WD Gann, before few year of his death sold his business to Lambert Company. But it is also believed that the course he was selling at $5000 was a correspondence courses and if someone could have written him back to understand the underlying reason of his analysis, he would reply them with explanation. It is said that he died without telling his secrets to anyone. In the old interviews he answered that his methods were too precious to be disclosed for he had invested many years of research in discovering these methods and general public is not at a stage to accept these methods. His method of using astrology was very different from the traditional astrology which we know. WD Gann did not publicly disclose his methods but after his death it was found that he was using astrology and astronomy. He successfully predicted many turns in stock markets in advance. He was also known for his strict trading rules.
It is said that WD Gann traveled to Egypt and India and learning from these countries formed the basis of his core methodologies. He was so successful that people were buying his courses $5,000, which was cost of an average home in America at that time. He had left all the traders far beyond any comparison could be done. This is because at the basis of everything, immutable Natural Laws work, that no group of men can change, and the psychological mass of the market, unwittingly or not, operates according to the Natural Law.WD Gann was a legendary US trader who traded in 1910-1956. The latter tends to write and rewrite history always in the same way and every time in a different way, yes, in the degree, but not in the species: in repeated cycles the history repeats itself although the phenomena occur at higher intensity levels or less. The psychological mass and the market are the same thing, the market is one of which of the psychological mass.
And it is precisely this form that makes the behavior of the psychological mass predictable. The whole life is circular, it is an eternal return, a continuous flow, yes, but with circular movement. The market follows the rules of cycles, in a circular way, just as seasons are circular, the physical forces that govern nature, our thoughts and our habits. It is therefore necessary to look at things from a different perspective, less chaotic and more faithful to reality and this change of paradigm initially requires a lot of effort, but constant practice over time guarantees incredible results. It also speaks volumes about the markets, because the market also follows its causal and not random logics. It is always said that in the end, everything "was simpler than expected". As evidence of what has been said, the history of evolution almost always experiences a transition from complex to simple, hardly vice versa. Yet the working mechanism of things is based on simple rules, simpler than what the human mind can achieve. The time factor certainly remains obscure from the view and, as often instinctively happens, there is a tendency to ignore what is invisible but essential and which requires a greater observation effort.
The market is the enemy of those who do not understand its deeper nature and Gann leads us to a vision and a method that have passed the test of time and that put the investor in a position to understand the decision-making motives of the psychological mass of the market. The mission is to reformulate the market approach, and to eliminate the cognitive models of the traditional investor and any subjective interpretation.
The misunderstanding of the market situation is most often due to the free interpretation based on the emotion aroused by the flavor of the circumstances and this interpretation derives from our need to make sense, even approximate, of everything that happens.
To make our market an ally, it is necessary to know its Price/Time structure in its entirety and constantly update its angular frame within which the series of prices unfolds according to precise evolutionary trajectories. Hence the observation that Gann made on reading the negotiation book: "the best way to read it is to stay away".
Looking at the development of prices hour by hour tends to hypnotize the trader by diverting him from the constant of time, the first and only very important factor whose cycles govern the price movements.Īlthough he believed that the historical series of a title contained all the information necessary to offer the opportunity to make huge profits, he also believed that his incessant observation tended to provide a distorted view and to make the trader ignoring the existence of a trend of primary evolutionary importance for the title. Time is an element that Gann considers essential to operate successfully in trading and investment choices.