W.D. Gann was a legendary trader, who lived from 1878 to 1955. He was a master of technical analysis, and his innovative trading techniques and forecasting methods are still used by traders and analysts today.
Gann was a fascinating character who believed that the movements of the markets were not random, but rather followed certain patterns that could be predicted with accuracy. He also believed that there were natural laws governing the financial markets, much like the laws of physics.
Gann was known for his ability to make accurate predictions about market trends and price movements, and he was often called upon to provide advice to wealthy investors and even government officials.
But despite his success, Gann was also a deeply mysterious figure. He was known to keep his trading methods and techniques secret, and he was rumored to have a number of secret codes and symbols that he used to predict market movements.
In fact, many people believe that Gann had access to a secret knowledge or hidden wisdom that allowed him to make accurate predictions about the markets. Some even believe that he had mystical or supernatural powers that he used to achieve his success.
So, who was W.D. Gann? He was a brilliant trader, a master of technical analysis, and a mysterious figure who still captivates traders and investors to this day. If you're interested in learning more about Gann and his trading methods, be sure to check out our other videos.
W.D. Gann reportedly predicted the stock market crash of 1929 several years in advance. He wrote his prediction on a piece of paper, sealed it in an envelope, and gave it to a friend with instructions to open it on June 18, 1929.
On that date, the friend opened the envelope and found that Gann's prediction had been correct - the market had peaked and would soon crash. Gann reportedly made a profit of $100 million from the crash, using his technical analysis methods to predict the downturn and profit from short-selling stocks.
While some doubt the veracity of the story, it remains a popular legend among traders and investors and is often cited as an example of Gann's remarkable predictive abilities.