W. D. Gann. The greatest of men

W. D. Gann. The greatest of men, there are ever on Wall Street

W. D. Gann went down in history forever, because he was one of the greatest men of his time, which led to the thinking and insisted on the study. His methods are still used by successful traders in the world. Without a doubt, the name Hanna is legendary in the exchange world.

Biography

William Delbert Gann, better known worldwide as VD Gann is a legend in the world of stock trading. He was one of the most successful ever lived, the market traders.

W. D. Gann was born June 6, 1878 on a farm about seven miles from Lafkina in Texas. He was the first of 11 children of Sam Houston, Hanna and Susan Gunn. Hanna family lived in a small house with no sophistications. They were poor, young Willie walked for seven miles in Lafkin over three years to attend school. His father was a farmer in Angelina Country. They are worried about the price that will bring their cotton. If you asked a young Willy, like whether he will be when older, also treat the soil in the eastern part of Texas, he is likely to say "no", he did not think so - he wanted to be a businessman.

But the work that he could perform on the farm was more important for the family, so that William had never finished elementary or secondary school. As for the eldest son, to him leaving las special responsibility, and those years of work on the farm, perhaps the beginning of his habit of hard work.

A few years later, William worked in the brokerage office in Teksarkane and in the evening attended a business school. In 1903. William made a fateful move to New York at age 25. Gann began trading on the commodity and stock exchange. In 1908. he opened his own brokerage office "WDGann and Co.", at the corner of 18th Street and Broadway.

During the First World War, William Gann predicted the November 9, 1918., Kaiser abdication and the end of the war. W. D. Gann, whose traders are known today, appeared in the "roaring twenties."

Significant predictions and Trade Record
Using your own style of technical analysis, Gann earned more than $ 50 million profit on the stock market! In today's market it is up to about 500 million dollars! After many decades of incredible success, Gann moved to Miami, Florida, where he continued his research until his death on 14 June 1955.

Gann based his methods of trading on the "time" rather than "price", like many of today's systems. This allowed Gannu to determine not only when to change the trend, but also the best price to enter or exit the market. Methods Hanna were so accurate that in the presence of the core financial audience, he made a 286 transactions during the 25 trading days, as long as well as the short positions. Of these, 264 transactions were profitable! In 1933. Gann 479 undertook a transaction during the year. 422 were profitable and 57 were loss making. Revenue at its capital amounted to about 4000%. In most cases, Gann provided in advance the exact prices at which certain stocks and commodities will be sold, together with prices close to the then prevailing values, which were not affected.

During his career, Gunn continually repeating these incredible sales gains, giving the surprising forecast for multiple markets for the year ahead. Gann used the law of nature, and geometric proportions, based on the circle, square and triangle, which is as effective today in the stock and commodity exchanges, as well as 50 years ago. His methods work in any market and time interval. His methods seem to be many traders a bit unusual, even mystical, but in the last century have confirmed themselves again and again.

His instructions were supernatural

In D. Gann was a "scientist of Wall Street." He could predict the peak year for bovine market. One of its remarkable achievements was the forecast for shares in 1922., Released in December 1921. The forecast indicated the first peak of bull wave vaprele, the second peak in August and the last peak and the end of bovine Market October 8-15, and not as strange, the average price of twenty industrial stocks reached their highest levels on 14 October and declined by 10 points in thirty days from the that date. Gann predicted a large decline during the month of November. He said in the forecast: "10-14 November panic fall. During this period, a serious decline in the shares will take place, many will fall by 10 points or more in four days, and 14 November have been achieved the lowest average price for 1,500,000 shares, traded on the New York Stock Exchange.

People were struck by the remarkable results of Hanna predictions based on pure science and mathematical calculations.

His expertise lies in his own words
"During the past ten years, I have all his time and attention devoted to speculative markets. Like many others, I have lost thousands of dollars and experienced the usual ups and downs of a newbie, which is in the market without prior knowledge of the subject. Soon I began to understand that all Successful people, whether they are lawyers, doctors or scientists to spend years learning and study of their profession or occupation before you earn on this money. "

These words of Hanna will go down in history forever, because he was a great man of his time, which stimulated the thinking and research. History repeats itself. Greed and the desire big profits do not change. They are inherent elements of human nature, and these elements affect the average person and lead to losses in its investment or speculation. This is one of the valuable lessons that we learned from Hanna. Without a doubt, the name B. D. Hanna is indeed a legend in world trade.

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