About William Derber Gann

[ARealGannTrader]

Quote from cf0532:

Hi, ARealGannTrader, why don't you say some words?

These are the words.

Jack Hershey is a good teacher, and has students that present clear evidence of being good traders.

Jack has two stalkers. One who current alias is Mr. Superlatives, the other is called Mandelbrot Set.

The best way to deal with them is to put them on ignore.

They do not contribute to anything on the site, Mr. S. follows Jack, the other one follows Mr. S.

If u want ur thread to stay clean, put these two on ignore, and push the complain button.

If ur thread gets sent to chit chat, then I will start another and we can go on with discussing the similarities between Gann and other actual traders.

 

[ARealGannTrader]

Have u done any charts, yet?

Or are there any symbols that u want to compare charts with?

 

[MandelbrotSet]

Quote from MrSuperlatives:

Don't forget to stop in the gift shop on your way out and buy the limited edition Jack Hershey paper trading doll to commemorate his stellar -24% return in a trading contest in 2002.. limit one per customer
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2425007>

ROTF

You really should start selling those things on ET (get a Paypal account).

You won't need to cut a deal with jack, he routinely gets 3x the ATR and makes about $200,000 every ten hours. link, so he doesn't really need the money ... LMAO.

But AREalGannTrader obviusly can't trade for shit, as he keeps making real-time calls and getting stopped out and reversing ... and then getting stopped out again! (what is he now, 3 for 3? ) ... at this rate, he's going to be one of the best fades on ET!

Yeah, I REALLY respect what he has to say about who is and who is not a good trader .... bwahahahahahah j/k!

 

[MandelbrotSet]

Quote from MrSuperlatives:

Hey if you do I've got a bridge I'd love to see you

Hey, give the guy a break!

He can't make a living seeling subprime mortgages anymore and is trying to make a go of trading (but failing so far) and reaching for SCT as a last ditch effort!

 

[MandelbrotSet]

Quote from MrSuperlatives:

Point us to a single student of Jacks that is making money

Jack's protegee Spydertrader recently turned up at a trading expo and was refused entry because he was dressed so poorly, like a bum was the description of other traders

That's how successful Jacks students are..

ROTFLMAO!

Is that true? :eek:

Quote from MrSuperlatives:

I guess being a paper trader yourself you felt compelled to stick up for another paper trader

You noticed ...

 

[Agassi]

Quote from ARealGannTrader:

Lol, yes we do.

And I say to u and the OP that once properly understood, Gann is superior to any trading method out there, bar none.

There is a reason his picture hangs at a major exchange.

Is that so? i didn't know what. which exchange? NYSE?

 

[ARealGannTrader]

Quote from Agassi:

Is that so? i didn't know what. which exchange? NYSE?

Yes.

 

[Agassi]

Can we discuss Gann's ideas here? or not?

This is my opinion. Perhaps one of the most famous coaches in tennis is Nick Bollettieri. He himself never played any tennis, but he produced many top world ranked tennis players. So, W.D. Gann could be like this Nick Bollettieri- some one who may have never traded, but could be a very good traders coach!

I have been a tennis pro and I know that even though i teach the same stuff to all the students (in this case pee wees), there are always some kids who can do better than the other. So just like that, even if 100 people try to lean this esoteric Gann stuff, some people may get it and some may never get it.

So what is a good starting point? Can some one post specific examples as how you trade using Gann?

 

[ARealGannTrader]

Excellent points and starting points.

There is nothing esoteric about Gann.
People have made things more complicated than they are.

 

[ARealGannTrader]

Updated Dow chart. What is nice about Gann is that u don't have to update the grid very often, u can trade off the levels as they pass thru time.