Anyone know where resources about Gann and his writings are over the internet ??
Help is appreciated.
Thanks,
Nader.
Help is appreciated.
Thanks,
Nader.
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Quoting narafaDislikedAnyone know where resources about Gann and his writings are over the internet ??
Help is appreciated.
Thanks,
Nader.Ignored
Quoting NorbeckerDislikedJust the obvious......
http://www.google.com
There are also quite a few books and reports available on P2P networks like eMule and shareaza etc.Ignored
Quoting JohnFXDislikedHere is a quote about Gann from Larry Williams. And in case you don't know who Larry Williams is.. he is one of the best and most successfull commodities traders of all time for the past 30 or 40 years. Here is his quote:
W. D. GANN---This is the biggest fraud going. I knew Gann's son and promotion manager. The wild claims about W. D. are incorrect and do no match with what his son and F. B. Thatcher told me. I bought the Gann $5,000 course. It is a collection of general commentaries laced with astrology. Gann, shortly before he died, sold his advisory service to 2 or 3 different people at the same time.
Like I said these are L.W.'s quote from his web site.
JohnFXIgnored
Quoting narafaDislikedWell, I don't think this is true. I don't know L.W, but I do respect everyone, where they are good traders or not, but I simply won't offend someone without evidence.Ignored
QuoteDislikedThe fact is that nobody knows how Gann used to predict stock and commodity future prices till now. All what we know is some peices of information which he himself left, and that's a big puzzle. Plus many other traders along history claimed that the man (Gann) made around $50 M between 1910 and 1940.
QuoteDislikedWhatever, one has to investigate everything before putting it to work and I am researching the Gann method right now to see if he was a genius or a crook, that's all.
Quoting narafaDislikedWell then why all these stories about Gann and his methods?? Where did they stem from and where is the truth about such techniques ??Ignored
Quoting fijitraderDislikedJust like Gann there are people making money from selling his stuff. The mystical approach to trading has an appeal to the grail seekers who are frequently idealists who will part with substantial amounts of money to valdiate their idealism.
This probably makes it sound like I'm down on idealists or more esoteric approaches to any discipline in life. I'm not. However I've found that trading requires a bold and hardened pragmatic nature that is oriented to results and not theories. Trading is a numbers game and a very plain one at that. Most people cannot easily make the adjustment from the forgiving nature of most areas of life to the completely ruthless nature of trading. You are right or wrong. You cannot go and apologize to the market and talk really nice to it and get your money back.
Why on earth do I bring that up? Because the more idealistic seeker tends to try and find a way around the absolutely impassive nature of trading by focussing on obtaining higher and higher rates of success because they hate the confrontational nature of losing without recourse. Basically the greatest tendency in the idealist is towards a perfectionist mentality which is by far one of the greatest enemies of any trader. In so doing they tend to get wrapped up in achieving this through analysis techniques -- and the whole idea of "unlocking the secrets of the universe" approach seems to be the grand appeal that idealists gravitate towards. Problem is that their whole approach is based on an attempt to avoid something and will psychologically backfire on them. It is like alcohol for the alcoholic. Its promise of liberty is appealing but it compounds the problem.
Regardless the thing the idealist always falls for is the idea of a completely deterministic universe whose secrets can be tapped if one can only find the key. They'll spend their life savings looking for that key and they are always so easily taken in by a great story that the story tellers who market the stuff know exactly the sort of thing they want to hear. "I want to beleive" is the mantra of the perfectionist, grail seeking, idealists who don't get to the bottom of the stories they want to spend their money on. To them the quest is more important than the truth itself and they don't really want the truth so much as the intoxicating elixer of unlocking the keys to ultimate reality.
I find that whenever I want to believe something the most important question I can ask myself is "why is it important to me to believe this rather than that"? Often it goes to my core philosophy. If I'm a dreamer and I'm inclined to believe in the supernatural because of something I'm hoping it will give to me then I don't want the stories that have tickled my spirit to be refuted at least until I'm through savoring their promises.
So really where do all these stories come from? Wherever there is money to be made. If there are people unlocking the mystical secrets of the universe they are going to be stinking rich because if the universe IS deterministic and it's secrets can be unlocked and are being unlocked I can say beyond a shadow of a doubt that anyone tapping into this is going to have so much wealth they are either going to give these secrets to everyone so the whole world can become a better place or they are not going to tell a soul until they've pledged their soul in exchange for it.
Like most systems almost everything out there will provide some insights even if it is just another way to look at the markets. Turn all your charts on their sides so there is no up or down and look at the market meanderings as a flow of water through mountains and valleys and create fractal topographical maps out them if you want another "secrets of the universe" methodology. While you are at it add some mandelbrott math algorithms and you'll find things about the markets that you've never seen before. Create a video game that uses price as animation triggers and you'll learn something else about the markets. As long as you have a way to look at the patterns the market makes and spot buying and selling opportunities in those patterns and you apply good money mgt and probablistic theory you will come out ahead if you don't have inner avoidances that cause you to sabotage your success. The secrets of the universe are within you and not within the systems you look for. The system is the vehicle but if the driver is intoxicated the vehicle becomes a lethal weapon.
FTIgnored
Quoting candyDislikedThis is pure gold, Fijitrader!! I know I saved it for my files!! This should be required reading for everyone because it is so easy to lose focus on a day to day basis. I just bumped into this post and I'm so glad I did. Thank you for helping me stay on course. By the way, when is your book coming out?! Save a copy for me! candyIgnored
Quoting fijitraderDislikedAs far as writing a book goes that is the first article on this forum that I've consdidered to be somewhere in the region of book material. Obviously it needs editing to polish it and some of the thoughts need to be developed further but the raw material is there. Even if it does not ring everyones bell -- I still know the depth of observation necessary to put thoughts like that into writing -- and that is what gives me satisfaction. When I enjoy going back and reading it again myself then I know I could also publish it and not feel like I had to apologize for it.
FTIgnored
Quoting meedo29DislikedIf that can solve the puzzle, I have two e-books (pdf format) that concern the Gann issue.
1. "New Stock trend detector". A book written by W.D. Gann himself.
2. "Stock Market Forecasting Course". Which elaborates Gann way in trading.
Frankly, I haven't read any of the two books, but I only glanced at them...
I'd be glad to share both of them...Ignored
Quoting fijitraderDislikedJust like Gann there are people making money from selling his stuff. The mystical approach to trading has an appeal to the grail seekers who are frequently idealists who will part with substantial amounts of money to valdiate their idealism.
This probably makes it sound like I'm down on idealists or more esoteric approaches to any discipline in life. I'm not. However I've found that trading requires a bold and hardened pragmatic nature that is oriented to results and not theories. Trading is a numbers game and a very plain one at that. Most people cannot easily make the adjustment from the forgiving nature of most areas of life to the completely ruthless nature of trading. You are right or wrong. You cannot go and apologize to the market and talk really nice to it and get your money back.
Why on earth do I bring that up? Because the more idealistic seeker tends to try and find a way around the absolutely impassive nature of trading by focussing on obtaining higher and higher rates of success because they hate the confrontational nature of losing without recourse. Basically the greatest tendency in the idealist is towards a perfectionist mentality which is by far one of the greatest enemies of any trader. In so doing they tend to get wrapped up in achieving this through analysis techniques -- and the whole idea of "unlocking the secrets of the universe" approach seems to be the grand appeal that idealists gravitate towards. Problem is that their whole approach is based on an attempt to avoid something and will psychologically backfire on them. It is like alcohol for the alcoholic. Its promise of liberty is appealing but it compounds the problem.
Regardless the thing the idealist always falls for is the idea of a completely deterministic universe whose secrets can be tapped if one can only find the key. They'll spend their life savings looking for that key and they are always so easily taken in by a great story that the story tellers who market the stuff know exactly the sort of thing they want to hear. "I want to beleive" is the mantra of the perfectionist, grail seeking, idealists who don't get to the bottom of the stories they want to spend their money on. To them the quest is more important than the truth itself and they don't really want the truth so much as the intoxicating elixer of unlocking the keys to ultimate reality.
I find that whenever I want to believe something the most important question I can ask myself is "why is it important to me to believe this rather than that"? Often it goes to my core philosophy. If I'm a dreamer and I'm inclined to believe in the supernatural because of something I'm hoping it will give to me then I don't want the stories that have tickled my spirit to be refuted at least until I'm through savoring their promises.
So really where do all these stories come from? Wherever there is money to be made. If there are people unlocking the mystical secrets of the universe they are going to be stinking rich because if the universe IS deterministic and it's secrets can be unlocked and are being unlocked I can say beyond a shadow of a doubt that anyone tapping into this is going to have so much wealth they are either going to give these secrets to everyone so the whole world can become a better place or they are not going to tell a soul until they've pledged their soul in exchange for it.
Like most systems almost everything out there will provide some insights even if it is just another way to look at the markets. Turn all your charts on their sides so there is no up or down and look at the market meanderings as a flow of water through mountains and valleys and create fractal topographical maps out them if you want another "secrets of the universe" methodology. While you are at it add some mandelbrott math algorithms and you'll find things about the markets that you've never seen before. Create a video game that uses price as animation triggers and you'll learn something else about the markets. As long as you have a way to look at the patterns the market makes and spot buying and selling opportunities in those patterns and you apply good money mgt and probablistic theory you will come out ahead if you don't have inner avoidances that cause you to sabotage your success. The secrets of the universe are within you and not within the systems you look for. The system is the vehicle but if the driver is intoxicated the vehicle becomes a lethal weapon.
FTIgnored
Quoting meedo29DislikedIf that can solve the puzzle, I have two e-books (pdf format) that concern the Gann issue.
1. "New Stock trend detector". A book written by W.D. Gann himself.
2. "Stock Market Forecasting Course". Which elaborates Gann way in trading.
Frankly, I haven't read any of the two books, but I only glanced at them...
I'd be glad to share both of them...Ignored
Quoting marejpDislikedFT
With all honesty that post was more truth than most books I've read. You've managed to touch basically everything to do with trading there, emotional, technical, everything. Don't polish, it might shine a bit more but a small piece might be lost forever. With posts like that we don't need a book, will take a lifetime anyway to work through it properly and understand. This post will end up laminated, stuck on the wall where I can read it and think about it whenever I take a break.
Thanks
JohanIgnored
QuoteDislikedHowever I've found that trading requires a bold and hardened pragmatic nature that is oriented to results and not theories.
QuoteDislikedHowever I've found that trading requires a bold and hardened pragmatic nature that is oriented more toward results than theories.
Quoting meedo29Disliked@ narafa and Diver_Doug: I tried to send the two e-books as e-mail attachments, but it was refused, because their size is too big for an attachment.
@ Diver_Doug: You can download the books using eMule P2P sharing program.
@narafa: You can either download them using eMule, or I can burn them on a CD for you, if you like it that way just inform me.Ignored
Quoting narafaDislikedOh, please, tell me where can I download the eMule P2P programIgnored