Quote from ARealGannTrader:
Words.....
Open a thread and make calls.
You won't, because you can't.
Your claim to fame is following around an old man who shagged your mother. Hell, maybe he shagged you.
W.D. GANN'S WORK IS THE STUPIDEST STUFF I'VE EVER SEEN.
This is from Wiki:
<< William Delbert Gann (6 June, 1878 â 14 June 14, 1955 - also known as W. D. Gann),[1] was a finance trader who developed the technical analysis tool known as Gann angles.
His forecasting methods are based on geometry, astrology, and ancient mathematics.[2]
Opinions are sharply divided on the value of his work.[3]
Gann wrote a number of books on trading.[4] >>
NOTE: Astrology & Ancient Mathematics.
Gann's best stuff is simple Support / Resistance lines (some horizontal, some diagnoal).
The rest is hilarious. I feel sorry for all you fools who follow WD Gann, Elliot Wave, Fibo-Snatchy & all this other bullcrap.
Jack Hershey meant well (probably) but his teachings were ridiculous & ineffective, thus ensnaring noobs.
I could teach someone to trade in less than five minutes.
That said, few people choose to do the right thing even when they KNOW what the right thing is.
"Never teach a pig to sing. It wastes your time & it annoys the pig." --Winston Churchill
*************
When I joined ET I tried teaching many pigs to sing.
Today I don't bother but once in a while an earnest man will PM me and compliment my simple style of trading, wishing they had learned these simple lessons of S/R early in their careers.
In conclusion:
HERSHEY SUCKS
GANN SUCKS
ET RULES!
LOL