How about Willian D.Gann constellation _ Willian D.Gann?

William Gunn

A legendary financial forecaster in the early 1920s.

William D. Gann was a famous figure in American financial market in the early 20th century. The analytical techniques and methods he used are extremely mysterious and based on ancient mathematics, geometry and astrology. However, his theory has not been clearly grasped, and Gann's theory is much admired, but can be grasped less.

1On June 6th, 878, Gann was born in an Irish family in Texas, USA. His parents are devout Christians and have a deep Methodist background. Gann himself is a devout Christian. He claimed to have discovered the market cycle theory from the Bible.

Gann's hometown is rich in cotton. 1902, when Gann was 24 years old, he bought and sold the first cotton futures contract and made a profit from it. Since then, he has made a total profit of $50 million from the financial market. The value at that time was equivalent to billions of dollars at present.

From 65438 to 0906, Gann started his brokerage and investment business. His advice based on decades of experience is that if an investor enters the investment market without knowing it, his chance of failure is 90%. Emotion, hope, greed and fear are the deadly enemies of success.

A necessary condition for knowledge to gain profits in this market. Since childhood, Gann has realized that the laws of nature are the driving force of this market. He claimed that he spent ten years studying the relationship between the laws of nature and this financial market. During this decade, he went to Britain, Egypt and India to seek knowledge. When he was in England, he studied the financial market history of the past 100 years in the British Museum day and night. At that time, he focused on the relationship between ancient mathematics, geometry and astrology and financial markets. One of his important analytical methods, Gann Square, is said to have originated from the structure of temples in Egypt and India. At the end of his long research trip, he believed that there was a law of vibration in financial markets. Once you master these rules, you can accurately predict the future market time and price.

From 65438 to 0908, Gann went to new york to conduct business and carefully tested his theory and trading methods. In the same year, he developed his main analytical method "the main time factor", which made him a great man on Wall Street.

1909, 10, Richard D. Waigao, editor of Quote and Investment Digest, a very popular financial magazine in the early 1920s, gave him a special interview. The interview lasted for a month, and the reporter monitored his investment and trading activities.

To the reporter's surprise, Gann got a total return of 1000%. He made a total of 286 transactions, and in 25 days, he lost 264 times and 22 times. It accounts for 92.3% of the total molting. That month, he did business every 20 minutes on average. On one of the trading days, he made a total of 16 transactions, 8 of which were the reversal points of the market fluctuation that day.

According to Gann's friend William Keeley, "The most surprising prediction was made by Gann in the summer of 1909, when he predicted that the wheat option would see 1.20 USD in September. This means that it must see this level before the end of September. At noon 12 Chicago time on September 30th (the last day), this option was below $65,438 +0.08, so it seems that his prediction cannot be fulfilled. Gann said that if I can't see $65,438 +0.20, it will prove that my whole calculation method is wrong. I don't care what the current price is, it must go there. As we all know, the wheat in September shocked the whole country, and its price rose to $65,438 +0.20 in the last hour. "

At the peak of his career, Gann founded two companies to conduct market research. He publishes investment newsletters and annual stock and commodity outlook. Gann also hosted several seminars on investment and trading. Gann forbade every student to give materials to others. These seminars are expensive, ranging from $2500 to $5000. In today's value, the above tuition fee is $25,000 to $50,000.

His method

According to his followers, Gann's prediction accuracy is 85%. Gann claimed that every prediction he made was based on mathematical principles. With enough information, he can predict the upcoming events according to the periodic theory, ancient mathematics and geometry. In his mind, all events develop according to mathematical principles.

What is the principle of mathematics?

Gann said that the 360-degree circle and the number 1 to 9 are the origins of mathematics. Within a circle, squares and triangles can be placed. Besides circles, we can create other squares and triangles. These are all based on market dimensions.

Internationally, Gann believes that there is a mathematical relationship between market reversal points. No market peak or bottom can be explained by support level and resistance level. In other words, if you give him the time and price of the highest and lowest points in the history of the market, he can use the principles of mathematics and geometry to predict the turning point in the future. What market trends can these principles be applied to? Gann said he had proof of astrology and mathematics!

His market forecast

Gann lived in the world at the beginning of the twentieth century, when the economic order was completely chaotic. Gann experienced World War I, the historic stock market crash of 1929, the economic panic in 1930s, and the outbreak of World War II. In these years, the risk of investment is self-evident.

Since the 1920s, Gann has published a market outlook report every year. These reports provide the market's forecast of the stock market trend in the coming year. Gann actually described the detailed reversal cycle and price of market fluctuations in the next whole year! He not only looked forward to the market trend, but also provided the prospect of major social events. Surprisingly, he accurately predicted the date of the stock market crash in 1929 century. In the annual outlook published on 1928, 16543810.3, he clearly predicted that 1929 would be a dangerous month. Stock prices fell on Black Friday. Internationally, the Dow Jones Industrial Average reached the peak of 386. 10 on September 3rd, 2009. Two months later, the Dow slipped below 200 points! The bear market brought a huge economic crisis to the whole western world. The Dow finally bottomed out at the lowest point of 40.56 in July 1932, with a drop of 90%.

Gann died on June 1955 at the age of 77. He has many written works, including:

"Gann Stock Market Course"

"Gann Market Course"

The truth about the stock market

"wall street stock selection"

"stock trend detector"

45 years of wall street

"How to profit from commodities"

"How to profit from call options and put options"

"space tunnel"

"curse"

Most of his words are related to investment transactions. However, Space Tunnel is a love story. Gann claimed that it was a love story book when you first read it. When you read it for the second time, it was a book of metaphors. Read it for the third time, this is a book about the truth of the market!

Quoted from: Huang Bozhong [Gann Theory-Financial Trend Analysis] (copyright 200 1)