Education in W.D. Gann's Trading Methods

[Stock Jock]

Has anyone taken the Gann training from Chicago Day Trading. Please let me know your experience with this training and how it helped your trading. Would you recommend this or any other source of learning how to trade like W.D. Gann?

 

[tech/a]

Spent or should I say wasted a lot of time on Gann.

There is so many “ Pressure Points” that can be determined through Gann analysis that in HINDSITE it is pretty easy to find a pressure point which coincides perfectly with price action.

So attempting to trade any of Ganns teachings ( which by the way make more money for the trainer than the method ) is impossible because you can’t tell in advance WHICH pressure point will or could be applied.

By the way when in Australia about 10 yrs ago Williams gave Bowden a $1,000,000 bet that he could be more profitable using Technical Analysis in its Bland form V Bowden’s Gann.

Bowden declined the challenge.
Probably a million dollar decision which in itself didn’t use Gann!

Personally I wouldn’t waste your time
There is much better out there and Gann is becoming if not is already “ Outdated “

 

[Stock Jock]

I can relate to your frustration. A quality trainer that teaches Gann's methods is hard to find with so many fake advertisements circulating on the internet.

 

[Orolo1999]

In relation to GAnn , i agree, a lot of poor education . many don't have a clue .
but yes there some that can provide a serious answer to the questions.

id like to say - if Bowden really knew his stuff , then he would have accepted . id gladly except the challenge using Gann methodology, purely as i believe i can win with knowing how most of his real working actually worked .

very shortly - will be posting proofs on market moves and how Gann work . its a lot of work and real research ( like bucket load to find real answers )

the thing is how much work do you want to do?

 

[dyna]

" Safety In The Market " by David E Bowden .
Who can ever forget ?
That piece of dribble and the mug punters who fell for it , must have paid for his family's famous car collection .
Nobody else got rich from it , that's for sure .

 

[wayneL]

Gann method purports to be deterministic in a chaotic system.

Fatal

 

[Orolo1999]

Gann method purports to be deterministic in a chaotic system.

Fatal

Markets are not chaotic - just cycle through, cycles
If we can work out tidal wave patterns and project high tide , low tide time and height … then input it to you that you can also replicate west was considered to fe chaotic to patterns and cycles

 

[Orolo1999]

" Safety In The Market " by David E Bowden .
Who can ever forget ?
That piece of dribble and the mug punters who fell for it , must have paid for his family's famous car collection .
Nobody else got rich from it , that's for sure .

Agree 15k to 25k for a course and lecture , only to have no explanation

He got lucky with a calculation

 

[wayneL]

Markets are not chaotic - just cycle through, cycles
If we can work out tidal wave patterns and project high tide , low tide time and height … then input it to you that you can also replicate west was considered to fe chaotic to patterns and cycles

So does weather, but it is still a chaotic system.

 

[Value Hunter]

In my opinion all technical analysis is squiggly line voodoo. Whether its Gann, Elliot Wave/Fractal Market Theory, chart patterns, volume indicators its all the same squiggly line voodoo to me.

 

[Orolo1999]

In my opinion all technical analysis is squiggly line voodoo. Whether its Gann, Elliot Wave/Fractal Market Theory, chart patterns, volume indicators its all the same squiggly line voodoo to me.

And just out of interest, what do you use and Class as market knowledge or use to trade ?

 

[dyna]

its all the same squiggly line voodoo to me.

Could be a lot of truth in that .
But we have to take it all into consideration anyway , just in case we get lucky and make a buck out of it.
As our cantankerous Captain Chaza repeatedly says : " It's all very simple really . Just follow the money ."
Why be the first to stick your neck out ? Ignore all the talkers .Wait and see what the Doers are up to . That's essentially what works for me . ( Just done my tax return this week before the deadline , so must be doing something right . )

 

[Garpal Gumnut]

In relation to GAnn , i agree, a lot of poor education . many don't have a clue .
but yes there some that can provide a serious answer to the questions.

id like to say - if Bowden really knew his stuff , then he would have accepted . id gladly except the challenge using Gann methodology, purely as i believe i can win with knowing how most of his real working actually worked .

very shortly - will be posting proofs on market moves and how Gann work . its a lot of work and real research ( like bucket load to find real answers )

the thing is how much work do you want to do?

We used have a member interested in Gann called @Student of Gann but he hasn't posted for some time. His website is no longer active. Possibly gone far right along the chart towards eternity. Here is a post of mine from some months ago.

Has anyone any idea where @Student of Gann is?

His website is no longer active.

gg

gg

 

[wayneL]

Could be a lot of truth in that .
But we have to take it all into consideration anyway , just in case we get lucky and make a buck out of it.
As our cantankerous Captain Chaza repeatedly says : " It's all very simple really . Just follow the money ."
Why be the first to stick your neck out ? Ignore all the talkers .Wait and see what the Doers are up to . That's essentially what works for me . ( Just done my tax return this week before the deadline , so must be doing something right . )

Yes.

At best though, one can only form a hypothesis, but additionally one can create "boundaries" to trade from, IE in abc situation I'm in, in XYZ situation I'm out. From this one is able to create a positive expectancy.

 

[Value Hunter]

And just out of interest, what do you use and Class as market knowledge or use to trade ?

I invest based on fundamental analysis.