Looking for a biography of Willian D. Gann

William? 6? 1 Willian d gann)-one of the most famous investors in the 20th century. His impressive achievements in the stock and futures markets are unparalleled so far, and his theory of combining time and price perfectly is still talked about and praised by investors. The most striking thing is a field trip by Richard. Wycoff, editor of Securities and Investment Digest, from June 65438 to June 0909. Under the supervision of the magazine staff, Gann made 286 transactions in the twenty-five market trading days in 10, with 264 gains and 22 losses, with a profit rate of 92.3%. Gann believes that there are natural laws of the universe in stock and futures markets, and the price trend of the market is not chaotic, but can be predicted by mathematical methods. Gann's mathematical equation is not complicated, the essence is that the price movement must follow the support line and resistance line, that is, Gann line.

Willian D. Gann-Basic Information

Ganen angle line

Name: Willian Gunn

Formerly known as William delbert Gunn.

Date of birth and death: 1878— 1955.

Native place: Texas, USA

Gann was born in Ravdin, Texas, USA on June 6, 1978. His parents are Irish immigrants. In his investment career, the success rate is as high as 80%~90%. He made a huge fortune with small money, and made a net profit of $350 million from the market during his 53-year investment career.

1902, 24-year-old Gann entered the market for the first time to buy and sell cotton futures.

1906, Gann went to Oklahoma as a broker, not only for his own speculation, but also to manage customers.

1908, when Gann was 30 years old, he moved to new york and set up his own brokerage company. On August 8 of the same year, he developed his most important market trend forecasting method, which was named "Controlling Time Factor". After many accurate predictions, Gann became famous.

According to Kealey, Gann's friend, "In the summer of 1909, Gann predicted that the wheat option would meet 1.20 in September. However, by September 30th, Chicago time 12: 00, the option was still hovering below $65,438+$0.08, and Gann's prediction was dashed. Gann said: If I don't see 1.20 dollars at the close today, it means that my whole analysis method is wrong. Regardless of the current price, wheat must see $65,438+$0.20. As a result, an hour before the market closed, wheat rushed to $65,438 +0.20, which shocked the whole market. The contract is fair, and the transaction price is $65,438 +0.20. "

At the peak of Gann's career, he hired 25 people to make various analysis charts for him, conduct various market trends research, and set up two trend research companies: Gann Science Service Company and Gann Research Company, and published various investment newsletters. In the annual trend forecast he publishes every year, he clearly draws the forecast trend chart of when to look at what price, which is very accurate.

Willian d gann-a brief introduction to life.

gann theory

William? 6? 1 Willian d gann)-one of the most famous investors in the 20th century.

Gann's full name is William? 6? 1 delbert? 6? 1 Gunn, 1878 June 15 was born in Ravdin, Texas, USA. As a teenager, Gann sold newspapers and telegrams, postcards, food and trinkets on the train. Gann's glory that is talked about by the world is 1909. He made 10 times in 25 transactions! Gann, who remarried this year, was interviewed by the famous magazine Stock Quotes and Investment Digest at that time. Under the supervision of the magazine editor, Gann made 286 transactions in 25 trading days, of which 264 were profitable and the other 22 were losses. The odds are as high as 92.3%, while the funds increase by 10 times, with an average trading interval of 20 minutes. During his career on Wall Street, Gann earned about $50 million. Today, it is equivalent to more than 500 million dollars. Although his wealth is nothing compared with other investment masters, I think the most important thing is that he earned the wealth he deserved by his new discovery.

Most supporters of Gann's theory are proud of Gann's winning rate of 92.3% in 286 transactions with his original theory, but I don't think this is the reason for Gann's success. Gann has published some stock books, but none can really reveal the secret of Gann's success more than 45 years of Wall Street. In this book, the words I see the most are not Gann angle line, time period or wheel in wheel, but the words "stop erosion list". In the second chapter alone, the "no entry list" appeared eight times. Gann pointed out its importance every time it appeared.

Gann said that most people lose money in the stock market for three main reasons:

(1) Overtrading or trading too frequently;

② No stop loss order;

③ Know little about the market.