His capacity to make big financial gains both on the market, the Cuban lottery and horse racing gave him a reputation for uncanny foreknowledge of market trends. Gann has become something of a legend in financial circles. He also forecast that the stock exchange would close due to panic selling on 3rd Octoberthe low was on 5th October and the market rallied from It was possible that the planes were a tax deduction and he flew the money he made to a South American bank account. This research led to Gann accumulating over 50 million dollars up until his death on the 18th June WD Gann became the only Financial Astrologer of his time.
This led to further studies of ancient geometry and astrology.
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Gann began by studying the basic principles of price patterns and philosophy on how to accumulate wealth, and keep it.Īfter becoming successful, he wanted to know why and how markets, and numbers repeated under certain time cycles. Gann reportedly predicted the November 9, abdication of the Kaiser and the end of the war. Was it possible? Gann moved to New York in at the age of 25 and began working at a major Wall Street Brokerage house. Many conversations he had overheard seemed to revolve around predicting the prices that their cotton would bring.
Gann wondered if it were indeed possible to predict the future. In so doing, he overheard many conversations on investing-he listened. At 13, Gann travelled the trains selling cigars and newspapers.
WD Gann was born on a farm some 7 miles out of Lufkin, Texas at Gann, and Susan R.
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