The details of this are contained in Appendix B. He did all trades in the presence of William Gilley, a “respected inspector.” During this month, he multiplied his margin by 1000%.
How did Gann make 286 trades over a period of 25 market days, of which 264 were profitable (92%).In fact, the vast majority of his courses were written after World War II, in the last ten years of his life. This does not seem like the work of a man motivated by money. Why did he publish he best works only months before his death? His “Master Charts” course was published in March, 1955.By then he had already established himself as a great trader. How did he make his living before 1931? He published his first course in 1931, at the age of 52.If Gann only made his living selling courses, then: Without even relying on the content of the courses it is easy to find several fatal flaws with this argument. Even his son stated that when Gann died he only left $100,000 in his estate and that he made his living selling courses. One school of thought is that Gann’s trading success was not as good as his reputation would lead you to believe. In all fairness it must be pointed out that there is a disagreement today about whether Gann made his money trading or by selling his courses. The presentation style of his writings reflects a general philosophy of leading those who were willing to do the necessary hard work to the path, but not to do all of the work for them. Gann knew this and he worked very hard all his life to discover the techniques he used for his personal trading and which he wrote about in his courses. Trading is one of the few professions where you can have complete independence and still have almost unlimited wealth potential. But the rewards for this work can be tremendous. It takes hard work, discipline, and at times a very strong stomach. Trading is not as easy a profession as many would like you to believe.
That is ultimately what the reader of this material must do. I have proven it to myself by rediscovering many of the techniques Gann taught. I have come to this conclusion not by relying on the reports of others because these can be very unreliable. Gann and am convinced that he deserves a position among history’s greatest market analysts. I have spent years studying the works of W.D. The accuracy of this enigmatic man’s predictions was not only legendary among his contemporaries, but also has kept him at the forefront of most serious market students’ study for more than forty years after his death, on June 14, 1955. Gann, grew up to discover some of the most unique and accurate methods of market analysis ever known. On June 6, 1878, in the small town of Lufkin, Texas, a cotton farmer named Sam Houston Gann became the father of a son he named William Delbert Gann. It makes a fine addition to any trader’s library. During the 1930’s these same WD Gann trading courses sold for thousands of dollars. It contains his secret technical analysis methods applicable to the stock and commodities markets that were once known only to a handful of people. The Rare Writings of W D Gann contains some of the most valuable WD Gann Courses ever written by the father of technical analysis.