The universe is a canvas of mathematics
W.D. Gann: The Enigmatic Trader and His Mysterious Trading Methods
W.D. Gann was a legendary figure in the world of finance, known for his uncanny ability to predict market movements with incredible accuracy. Despite his success, Gann was notoriously secretive about his methods, leaving behind cryptic writings and complex charts that many still struggle to decipher.
- Gann claimed to have discovered the principles of his trading methods through ancient mathematics, geometry, and astronomy.
- Gann was known for his uncanny ability to predict market movements with great accuracy, and his trading record showed a success rate of more than 90%.
- He never shared his complete trading methods with anyone and only provided limited information in his books, which added to the mystique surrounding him.
Gann used complex geometrical and astrological techniques to determine the ideal time to buy or sell a stock.
Gann predicted the end of World War I in 1917, when the war was still raging. He used his astrological and mathematical methods to forecast that the war would end on November 11, 1918. His prediction came true, and the Armistice was signed on that very day. This prediction brought international recognition and cemented his reputation as a master market forecaster.
The September 3, 1929, Market Peak
Gann’s most famous prediction was his forecast of the market peak on September 3, 1929, which led to the Great Depression. He used his unique method of forecasting based on time and price analysis, which allowed him to predict the exact date of the market top.
The 1949-1950 Wheat Market Rally
In the 1940s, Gann made another significant prediction when he forecasted a massive rally in the wheat market. He used his method of time analysis to predict the exact date of the rally, which occurred in July 1949, and continued until January 1950. The price of wheat rose from $1.04 per bushel to $2.70 per bushel, a gain of 160%, making this one of the most profitable trades of his career.