Scientific Stock Forecasting by W.D.Gann

Scientific Stock Forecasting by W.D.Gann

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Stock trading course: Learn about Stock trading

A stock trader or equity trader or share trader is a person or company involved in trading equity securities.
Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker.
Such equity trading in large publicly traded companies may be through a stock exchange.
Stock shares in smaller public companies may be bought and sold in over-the-counter (OTC) markets.

Stock traders can trade on their own account, called proprietary trading, or through an agent authorized to buy and sell on the owner’s behalf.
Trading through an agent is usually through a stockbroker. Agents are paid a commission for performing the trade.

Major stock exchanges have market makers who help limit price variation (volatility) by buying and selling a particular company’s shares on their own behalf and also on behalf of other clients.

William Delbert Gann (June 6, 1878 – June 18, 1955) or WD Gann, was a finance trader who developed the technical analysis tools known as Gann angles, Square of 9, Hexagon, Circle of 360 (these are Master charts). Gann market forecasting methods are based on geometry, astronomy and astrology, and ancient mathematics.  Opinions are sharply divided on the value and relevance of his work. Gann wrote a number of books on trading.

Gann was born June 6, 1878 in Lufkin, Texas. His father was a cotton farmer. He started trading in 1902 when he was 24.

He was believed to be a religious man by nature who believed in religious as well as scientific value of Bible as the greatest book ever written. This can be repeatedly observed in his books. He was also a 33rd degree Freemason of the Scottish Rite Order, to which some have attributed his knowledge of ancient mathematics, though he was also known to have studied the ancient Greek and Egyptian cultures.

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