According to "The WD Gann Method of Trading" by Marisch,
Gann had turned $130 to $12k in 30 days in 1908, and his winning rate was about 88%.
How large do you think his positions were, and how many trades do you think he took in that month?
Was he simply betting the ranch on every trade, and that just happened to be one of the accounts he got lucky on and didn't blow?
Gann had turned $130 to $12k in 30 days in 1908, and his winning rate was about 88%.
How large do you think his positions were, and how many trades do you think he took in that month?
Was he simply betting the ranch on every trade, and that just happened to be one of the accounts he got lucky on and didn't blow?