Profits Trading Commodities Study Commodity by Gann William John (2 results)
Published by W. D. Gann & Son, Inc., New York, 1941
- Hardcover
- First Edition
Seller: Raptis Rare Books, Palm Beach, FL, U.S.A.Raptis Rare Books
Contact seller5-star sellerFirst edition of one of the most sought-after works in the literature of commodity trading, distilling the charts, rules, and forecasting methods of the twentieth centuryâs most famous and mysterious market operator. Octavo, original purple cloth lettered in gilt. From the library of the authorâs sister, Edna Gann Dunn. Written…with the authorâs son John L. Gann and published from Gannâs own offices at 82 Wall Street. In good condition with rubbing and wear to the cloth. A desirable family-owned copy of one of Gannâs key works. William Delbert Gann (1878-1955) was among the most famous and enigmatic figures in the history of financial markets, a trader and forecaster whose methods, the Gann angles, the square of nine, and his theories linking price, time, and geometry, still command a devoted following among technical analysts. How to Make Profits Trading in Commodities was written to supply what Gann described as a universal demand for rules that would forecast the trend of commodities, the book drew on his forty years of market experience to demonstrate that speculation can be made a profitable profession when conducted on business principles and mathematical rules rather than reckless gambling, a conviction Gann advanced with the fervor and systematic thoroughness of a man who regarded market behavior as ultimately governed by natural law. The volume covers wheat, corn, cotton, soybeans, lard, and sixteen additional commodities in exhaustive detail, providing rules for identifying tops and bottoms, seasonal trends, support and resistance levels, and the precise stop-loss strategies that Gann regarded as essential to capital preservation.
More imagesPublished by New York: W. D. Gann & Son, Inc., 1941, 1941
- First Edition
Seller: Peter Harrington. ABA/ ILAB., London, United KingdomPeter Harrington. ABA/ ILAB.
Contact seller5-star sellerCondition: Used
£ 875.00
£ 22.00 shippingShips from United Kingdom to U.S.A.Quantity: 1 available
Add to basketFirst edition of this guide by the renegade financial trader, remembered for his dubious investment advice based on geometry, astronomy, astrology, and ancient mathematics. Co-authored with his son, who later pursued a more conventional trading career, the book argues traders can earn greater profit in commodities than in stocks…. Although derided by professional traders, Gann's pronouncements were eagerly followed by amateur investors during the 1920s boom, who sought meaning and strategy amid rising prices and market fever. "Gann's works are the subject of much controversy. True believers abound and still follow many of his arcane methods of forecasting, which emphasise timing, rather than price or volume, cycles, vibrations. what is evident is that, in certain circles, his work and life are as much revered today as they were fifty or more years ago" (Dennistoun, p. 128). Christopher Dennistoun, Bubbles, Booms and Bursts, 2007 (catalogue entry 372 for this title). Octavo. Original purple cloth, spine lettered in gilt. Spine a little sunned, minor rubbing, slight residue to rear free endpaper: a very good copy.
