His Famous Book

W.D. Gann’s book, 45 Years in Wall Street, written when he was 72 years of age, was arguably his best stock market book. It was written with the immense benefit of his lifetime of experience in Wall Street. It was inspired by a desire to pass on his wisdom to others.

As Mr. Gann stated in the book’s Foreword:

I am now in my 72nd year; fame would do me no good. I have more income than I can spend for my needs, therefore, my only object in writing this new book is to give others the most valuable gift possible KNOWLEDGE! If a few find their way to make safer investments my object will have been accomplished and satisfied readers will be my reward.

(Gann, W. D. 45 Years in Wall Street, Lambert-Gann Publishing Co. Pomeroy, WA, 1949, Forward, p. 2.)

W.D. Gann did not believe in pulling punches in his books. He understood the risks involved in trading and investing and believed in giving his students a realistic view of market reality, including knowledge which would help them to control the risk and to profit handsomely.

Early in the book Mr. Gann addresses the issue Why You Have Lost Money in Stocks and How to Make It Back. Under this heading he lists three reasons why many traders lose:

• They overtrade or buy and sell too much for their capital.
• They do not place stop loss orders or limit their losses.
• Lack of Knowledge. This is the most important reason of all.

(Gann, W. D. 45 Years in Wall Street, Lambert-Gann Publishing Co. Pomeroy, WA, 1949, p. 4.)

Every page of 45 Years in Wall Street contains valuable knowledge, however it is W. D. Gann’s twenty-four never-failing rules that give traders and investors the benefit of his knowledge. As Mr. Gann states:

In order to make a success trading in the stock market the trader must have definite rules and follow them. The rules given below are based upon my personal experience and anyone who follows them will make a success.

(Gann, W. D. 45 Years in Wall Street, Lambert-Gann Publishing Co. Pomeroy, WA, 1949, p. 16.)

It is now more than 50 years since W. D. Gann documented his 24 rules, yet they apply today as much as they ever did. i

Technical Analysis Trading Software

As a Software Engineer I wanted to repeat many of Gann’s techniques in a charting application so that traders like you and me who are not mathematicians could still use the advanced techniques that Gann used to assist his trading. Over the last decade I have met with many of the greatest educators who use Gann techniques in their trading, learning from them how to apply these techniques in an advanced charting application.

So what do you need to trade commodities?

A commodity trading account (sometimes called a futures trading account). You can search on the internet and compare the various brokers in your area. Be careful of the cheapest broker as sometimes they can delay taking your order to market causing you to miss the prices you wanted.

If you are new to technical analysis, you will need to learn some techniques that you can use. I have put together a list of educators around the world that I trust to provide good quality education. We do not get any commissions for this. I just passionately believe that you need a good education if you are going to trade and take advantage of this market. Recommended Market Educators

You need good quality software. That’s where I come in. Market Analyst is the software that I have developed over the last decade. My aim has always been to include all the techniques that an advanced trader would need to be able to quickly analyze a security and use their knowledge and Market Analyst’s power to make some great trading decisions.

As a Technical Strategist who worked for major name Wall Street firms and a multi-billion dollar investment fund during my eleven year Investment Banking career, I am EXTREMELY impressed with Market Analyst. It is an outstanding Gann Technical Analysis program that leaves most of its competitors totally in the dust. The huge variety of cutting-edge charting tools available (all major Gann techniques, but far more besides), the sheer flexibility of the user options for each study, and the attention to detail throughout are absolutely first class. The visual appearance of the charts is both professional and beautiful: I am thinking in particular of the Gann wheels, but also the way in ALL technical tools are implemented, even on standard price charts. Plus, thanks to the templates and workbooks available, there is massive flexibility and personalization available to work with the program just the way you specifically want to.

With Market Analyst, the Technical Analyst/Trader has an enormous powerhouse of research capabilities covering everything from standard technical analysis techniques to the most esoteric Gann methodologies available. I believe that even W.D Gann himself would have been impressed. Truly first class!”

Dr Asoka Selvarajah

OnlineTradingRebel.com

Square Of Nine

No longer is the old wooden Square of Nine wheel needed. Market Analyst includes the world’s first fully customisable and interactive Square of Nine wheel, offering complete user control for quick and easy time and price target point identification.

Time Price Labels

Market Analyst’s time and price labels provide invaluable information between critical points in the market, providing you with an excellent insight into market cycles and time and price counts, allowing you to be forewarned of important date and price levels.

Wall Charting & PDF Printing