At a time when most market analysis was strictly fundamental, Gann’s revolutionary theories relied on natural laws of mathematics, time cycles, and his unshakable conviction that past market He was a avid researcher, occasionally charting a price back hundreds of years.
He made thousands of charts displaying daily, weekly, monthly, and yearly prices for a wide variety of stocks and commodities. He began studying this interaction diligently, even traveling to England, India, and Egypt to research mathematical theory and historical prices.In developing his theories, Gann was undoubtedly one of the most industrious technical analysts. He was particularly interested in the connection between price and time, a relationship he referred to as the “square” of price and time. After losing significant sum of money, Gann began to observe that markets followed mathematical laws and certain time cycles. By his own admission, Gann’s early trading was based on “hope, fear and greed,” all of which he later realized were not compatible with a successful trading strategy. He displayed a strong aptitude in mathematics during his early years, completed a high-school education, and started trading in 1902 at the age of 24.
Consider using this space to introduce your page. Gann claimed to have made a world’s record in leverage and accuracy more than once, that he had developed trading strategies for speculators, and that he could predict market moves to the exact price level. He was born on a cotton ranch on June 6, 1878, in Lufkin, Texas. Gann (1878 to 1955) was an outstanding technical analyst.