About Chaos Theory:
I actually did study Chaos. I'm not a professional at it but I remember reading about these College kids trying to find a Chaotic theory behind water drops from a loose faucet. Or was it at some presentation using water drops as their example? Then I think these IBM scientists found the Fractal theory from Chaos theory.
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What is the "right" Gann material?
Goto Lambert-Gann publishing and read his original books then the courses. Then go through his recommended readings. You'll see a lot of esoteric subjects but the perspective you want to have when hitting these subjects are how these esoteric methods relate to science. Keep an open eye but interpret it critically.
You have to use a lot of micro and macrocosm analogy. Esoteric analogies to Science. Science analogies to Market. Also, hand-write your charts. Some people are against it but I'm with it. You'll get more through hand-written charts than charts on computer screen. Most of my "inspirations" comes from hand-written charts.
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My thoughts on prediction:
Waste of time. Eventually, you have to wait till the bottom occurs to put your order in. Who would give your broker an order a month ahead? That's why I don't believe in economic analysts who says the market to pick on XXnd quarter of year 200x and things like that.
Don't try to predict with Gann, also. It's interesting but worthless. You just need to be good enough to know the trend of the market now.
I actually did study Chaos. I'm not a professional at it but I remember reading about these College kids trying to find a Chaotic theory behind water drops from a loose faucet. Or was it at some presentation using water drops as their example? Then I think these IBM scientists found the Fractal theory from Chaos theory.
-------------------------------------------
What is the "right" Gann material?
Goto Lambert-Gann publishing and read his original books then the courses. Then go through his recommended readings. You'll see a lot of esoteric subjects but the perspective you want to have when hitting these subjects are how these esoteric methods relate to science. Keep an open eye but interpret it critically.
You have to use a lot of micro and macrocosm analogy. Esoteric analogies to Science. Science analogies to Market. Also, hand-write your charts. Some people are against it but I'm with it. You'll get more through hand-written charts than charts on computer screen. Most of my "inspirations" comes from hand-written charts.
-------------------------------------------
My thoughts on prediction:
Waste of time. Eventually, you have to wait till the bottom occurs to put your order in. Who would give your broker an order a month ahead? That's why I don't believe in economic analysts who says the market to pick on XXnd quarter of year 200x and things like that.
Don't try to predict with Gann, also. It's interesting but worthless. You just need to be good enough to know the trend of the market now.