Gann Theory Chat

Discussion in 'Educational Resources' started by WDGann, Apr 8, 2003.

  1. That's a very difficult question, I don't know. I did spend thousands and a lot of time, but then again I am not a genius. I wasted a few Gs in retrospect. And I am not sure I already have everything figured it out.
    Trading is expensive, if you're not prepared to spend thousands even if you won't use Gann then don't trade.
     
    #81     Apr 10, 2003
  2. The theorem behind both are very similar, they both deal with natrual law. One thing is they both deal with wave tendencies, which is a large part of Law of Vibration.

    When I mention wave tendencies, it's not how a single wave behaves but the tendencies of multiple waves represented in a single platform.
     
    #82     Apr 10, 2003
  3. This is more of a trader's preference. I tend to "confirm" rather than predict. This is really a double edge sword for me, at least. Predicting a price or time of when a trend will change is what the individual thinks, regardless of what the market is doing. This has caused me a lot of losses.

    I've decided to trade the market rather than my own Gann Analysis but using Gann Analysis to react to the market. But who knows, some day I might become more mentally mature to predict and trade well in harmony.
     
    #83     Apr 10, 2003
  4. It's BS because it's not Gann but Gann-based. Also, BS because of all the marketing claims.

    Gann is not the holy grail.
     
    #84     Apr 10, 2003
  5. "Trading is expensive, if you're not prepared to spend thousands even if you won't use Gann then don't trade."

    I can't agree with that, trading doesn't have to be expensive, there is no need to pay thousands in seminars, books and softwares to be succesful. If it made you a better trader that's great but don't make people think you have to spend lots of money to get educated.
     
    #85     Apr 10, 2003
  6. I'm really not sure about Gann's work as a compilation of others. Do you have to use a lot of money to learn Gann? It all depends on the individual. I definitely didn't use as much as Borsellino for Gann's material. Still, I still use a lot of money for books in general, not for Gann but trading and other books.
     
    #86     Apr 10, 2003
  7. Pure Gann?

    Yeah... that'll be W.D. Gann himself...
     
    #87     Apr 10, 2003
  8. Please don't change the topic with this attack... he does mention that it's a personal preference...

    You asked for an opinion and you got it... PM him...
     
    #88     Apr 10, 2003
  9. No there's no need, you could trade off your brokers quotes and spend zero in books, but in that case you will spend thousands in losses figuring things out by yourself. And BTW I have no vested interests, I don't have anything for sale, no seminars no software, not anything. I just post here to fight the boredom when things are slow.
     
    #89     Apr 10, 2003
  10. Also, I don't want to sound like a control freak but please start another Gann Thread if you like to debate about Gann...

    The thread is for the Chat this Friday... the topic seems to be going off from what it's for...

    Let's try to keep the things in topic... (or is it impossible to do in ET)

    Thanks and apologies...
     
    #90     Apr 10, 2003