Forty five years of actual trading experience and market research by W.D. Gann have made this book possible. He writes from practical application and not theory. Forty five years of actual trading experience and market research by W.D. Gann have made this book possible. He writes from practical application and not theory. The author "In this book I have revealed some of my most valuable rules and secret discoveries never published before, in hopes that others will work and study hard to learn and apply these rules. If they do, speculation and investing will no longer be gambling but will become a PROFITABLE PROFESSION."
William Delbert Gann (1878-1955) was an outstanding stock and commodities trader. He was also a prolific teacher of how to make speculation a profitable profession, writing some seven books and producing two courses on trading the stock and commodity markets. However Gann's superlative skill was his ability to forecast accurately the stock and commodity markets.
Possibly useful historical information re stock market behavior; Antiquated in that the exchanging of securities has evolved in myriad ways since. Geared more towards traders than buy-and-hold investors but still contains helpful advice for the long run.