Gann quotes
1)”TIME is the most important factor in determining market movements and by studying the past records of the averages or individual stocks you will be able to prove for yourself that history does repeat and that by knowing the past you can tell the future. … There is a definite relation between TIME and PRICE. … Now, by a study of the TIME PERIODS and TIME CYCLES you will learn why tops and bottoms are found at certain times and why Resistance Levels are so strong at certain times and bottoms and tops hold around them. … The most money is made when fast moves and extreme fluctuations occur at the end of major cycles.”2)”My calculations are based on the cycle theory and on mathematical sequences.”
3)”Mathematical science, which is the only real science that the entire civilized world has agreed upon, furnishes unmistakable proof of history repeating itself and shows that the cycle theory, or harmonic analysis, is the only thing that we can rely upon to ascertain the future.”
4)”Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics.”
5)”Every movement in the market is the result of a natural law and of a Cause which exists long before the Effect takes place and can be determined years in advance. The future is but a repetition of the past, as the Bible plainly states…”
6)”After years of patient study I have proven to my entire satisfaction as well as demonstrated to others that vibration explains every possible phase and condition of the market.”After exhaustive researches and investigations of the known sciences, I discovered that the Law of Vibration enabled me to accurately determine the exact points to which stocks or commodities should rise and fall within a given time. The working out of this law determines the cause and predicts the effect long before the Street is aware either.”
7)”By knowing the exact vibration of each individual stock I am able to determine at what point each will receive support and what point the greatest resistance is to be met.
8)”Thus, I affirm, every class of phenomena, whether in nature or in the stock market, must be subject to the universal law of causation and harmony. Every effect must have an adequate cause.
9)”Those in close touch with the market have noticed the phenomena of ebb and flow, or rise and fall in the value of stocks. At certain times a stock will become intensely active, large transactions being made in it; at other times this same stock will become practically stationary or inactive with a very small volume of sales. I have found that the Law of Vibration governs and controls these conditions.
10)”If we wish to avert failure in speculation we must deal with causes. Everything in existence is based on exact proportion and perfect relationship. There is no chance in nature, because mathematical principles of the highest order lie at the foundation of all things. Faraday said: `There is nothing in the Universe but mathematical points of force.’
11)”Vibration is fundamental; nothing is exempt from this law; it is universal, therefore applicable to every class of phenomena on the globe.
12)”After years of patient study I have proven to my entire satisfaction as well as demonstrated to others that vibration explains every possible phase and condition of the market.”
13)”Every movement in the market is the result of a natural law and of a Cause which exists long before the Effect takes place and can be determined years in advance. The future is but a repetition of the past, as the Bible plainly states: `The thing that hath been, it is that which shall be; and that which is done is that which shall be done, and there is no new thing under the sun.’ -Eccl. 1:9.”
14)”If we know the cause of the effect, then there can be no doubt about predicting the future event or effect. I have always looked for causes and when once I determine a cause I can always be sure of the effect or future event which I predict.”
GANN RULES
Never risk more than 10% of your trading capital in a single trade.
Always use stop-loss orders.
Never overtrade.
Never let a profit run into a loss.
Don ‘t enter a trade if you are unsure of the trend. Never buck the trend.
When in doubt, get out, and don’t get in when in doubt.
Only trade active markets.
Distribute your risk equally among different markets.
Never limit your orders. Trade at the market.
Don’t close trades without a good reason.
Extra monies from successful trades should be placed in a separate account.
Never trade to scalp a profit.
Never average a loss.
Never get out of the market because you have lost patience or get in because you are anxious from waiting.
Avoid taking small profits and large losses.
Never cancel a stop loss after you have placed the trade.
Avoid getting in and out of the market too often.
Be willing to make money from both sides of the market.
Never buy or sell just because the price is low or high.
Pyramiding should be accomplished once it has crossed resistance levels and broken zones of distribution.
Pyramid issues that have a strong trend.
Never hedge a losing position.
Never change your position without a good reason.
Avoid trading after long periods of success or failure.
Don’t try to guess tops or bottoms.
Don’t follow a blind man’s advice.
Reduce trading after the first loss; never increase.
Avoid getting in wrong and out wrong; or getting in right and out wrong. This is making a double mistake.
“In making my predictions I use geometry and mathematics, just as the astronomer does, based on immutable laws.”
On the same page, in the last paragraph, Gann repeats the same statement: “My calculations are based on the cycle theory and on mathematical sequences. History repeats itself. That is what I have always contended, — that in order to
know and predict the future of anything you only have
to look up what has happened in the past and get a correct base or starting point.” “I have always looked for causes when once I determine a cause I can always be sure of the effect or future event which I predict. IT IS NOT MY AIM TO EXPLAIN THE CAUSE OF CYCLES. The general public is not yet ready for it and probably would not understand and believe it if I explained it.” “The Bible is the BOOK of all books, and if we only study it and understand it, we can gain proper knowledge of all things. I believe it is the duty of any man who understands science and mathematics and the cycle theory and knows what is coming to warn the people in order that they may prepare for trouble ahead.” Gann on Cycles:"My calculations are based on the cycle theory and on mathematical sequences. History repeats itself. That iswhat I have always contended, -- that in order to know and predict the future of anything you only have tolook up what has happened in the past and get a correct base or starting point. My authority for stating thatthe future is but a repetition of the past is found in the Bible."Read Eccl. 1:9:'"'The thing that hath been, it is that which shall be; and that which is done, is that which shall be done: andthere is no new thing under the sun.'"Again"'That which has been is now and that which is to be hath already been.' "This makes it plain that everything works according to past cycles, and that history repeats itself in the livesof men, nations and the stock market. • Bible interpretations – 1937.
• The Time Factors in the Stock Market – 1937.
• Complete Course in Astrology: Erection and Interpretation of Horoscopes for Natives As Well As For Stocks – 1937.
• Stock and Commodity Trader’s Handbook of Trend Determination- 1940.
• The Egg of Columbus– 1942.
• Turning Four Hundred Years of Astrology to Practical Use– 1943.
• George Wollsten: Expert Stock and Grain Trader- 1946.
•Gold Nuggets for Stock and Commodity Traders- 1948. George Bayer is even more mysterious than W. D. Gann. Bayer moved here from Germany in the early 1900s, and found his way to becoming a stockbroker and seat holder on the Chicago Board of Trade. The similarities to W. D. Gann are remarkable. Both Gann and Bayer put down roots in Brooklyn, traded financial markets, were members of the New York Stock Exchange and Chicago Board of Trade, wrote in a “veiled language.” Birth and death dates are eerily similar. While we still lack concrete evidence linking the 2, it is very reasonable to believe that another commonality is their involvement in Mystic societies.
While we enjoy surprisingly good luck decoding much of W. D. Gann’s trading methods, George Bayer is a tougher nut to crack. Bayer is less- thorough in the breadth of the material, and his style more scattered than those of W. D. Gann. But his writings supply many of the details left blank by Gann. W. G. Gann and George Bayer were similar in that they both were known for their forecasting. They both published forecasting letters, Bayer calling his "Preview of The Markets" while Gann published "The Supply & Demand Letter." Check out our Empire Forecast Letter below, which uses all these principles to forecast the SP 500
The vibe we get from George Bayer can best be described as “obscure.” Bayer’s writings relish encoded messages in the Bible, and patterns of Hebrew letters that correlate to financial market cycles. But once you know the trading methods of W. D. Gann, Bayer’s writings provide valuable supplements to the techniques that Gann encoded into his books.
For instance, Bayer is blatant about the subject matter when he correlates planetary speed, and the difference between the speeds of two planets, and declinations to turns and direction in the financial markets. This information is defined more cryptically in the writings of W.D. Gann. The writings of W.D. Gann present a much clearer and comprehensive picture of what these men were doing when properly decoded, and If you want a larger overview of the scope of the method both of these men were using, look to Bayer for answers.
Taken at face value, Bayer’s methods appear to be one-off gimmicks, disconnected from any meaningful system. Inserting them as details into W. D. Gann’s system completes the puzzle.
Take for instance the picture of the “puking bird” In Bayer’s “Egg of Columbus.” Often doubted as an urban legend, this rare book burst forth from obscurity years ago. In the book, there is a legendary cycle which Bayer describes and illustrates as what we call a “puking bird.” The key to decoding the whole book is done through one of its foot-notes. When this vital information is combined with the “battle dialogue in Gann’s “The Tunnel Thru The Air.”
It's very notable that, while many claim profitable trading from the methods of W. D. Gann, finding anyone who claims to have decoded George Bayer’s system into profitable system apart from Gann’s methods is a bit difficult. We believe that his information is best served as a supplement to what can be decoded from W. D. Gann’s writings. W. D. Gann shared trading formulas with the kabalas of an early 1900s Mystic named Sepharial. Born Walter Gorn Old, Sepharial, was the first to write about turning these mystical concepts of numerology and spirituality into specific usable formulas. Sepharial actually pre-dated W. D. Gann in publicly writing about how to turn mystical kabalas into market prices.
“The Silver Key,” “The Law of Values," "Arcana," and " "Kabbala of Numbers," are but a few of the many books Sepharial wrote about financial astro before W. D. Gann published his 1st book. In fact, in several places in W. D. Gann’s novel “The Tunnel Thru The Air,” Gann advises us to “seek the guidance of an ‘older’ hand.” In this instance, Gann points us to Sepharial to spell out the details of his trading methods that were based in astro or numerology.
Sepharial's writings are fundamental to the Gann practitioner. Many of the basics of Gann’s trading techniques can be found in in Sepharial’s “Kabala of Numbers.” (Parts I and II).
See an example of Sepharial's "Secret Progression" to the right. W. D. Gann borrowed from Sepharial's orphic techniques to form the basis of his legendary forecasting. Gann published a newsletter named "The Supply & Demand Letter" in which he published his annual forecast on the US equity markets. This forecast is based on Sepharial's techniques
Quite simply, a Kabala is an arrangement of numbers according to a formula. Each number represents a specific concept. The numbers are then arranged in such a way then where they can serve specific functions, such as finding a lost article, picking lottery numbers, or predicting the market value of a commodity or stock. Sepharial even had a subscription service where the elite of England could receive his predicted winning lottery numbers.
The key would be finding or knowing what each number represents in the field in which you are using it. We believe that both Sepharial and Gann had this foundational information passed down to them.
页:
[1]