Category: Money tips Release Date: 2006-04-29
7 of 13 times 90 and 91 days (Nature Day) is a very important figure, the market often generated when this cycle comes to switch spots.
7 the use of 360 degree can also be divided into seven copies of their point of view is as follows: 360 degrees 1 / 7 is 51.4 degrees, 2 / 7 is 102.8 degrees; 3 / 7 is 154.3 degrees; 4 / 7 is 205.7 degrees; 5 / 7 is 257.1 degrees; 6 / 7 is 308.6 degrees; 7 / 7 is 360 degrees. The above figures often form a market support, resistance and turning point in the above figure by 2 to get the figures are very important.
Gann very much like to use seven days, seven weeks and seven months as the unit of analysis of market trends, some people believe that the Moon's cycles, the cycle of the moon an average of 29.53 days, its fourth, or 90 degrees is about 7 Nature Day. As a multiple of 7, will be entitled to 7 weeks and 7-month cycle.
In short, a large number of examples to prove the existence of a very broad stock market's "seven" of the laws of the market. Investors should know how to discover and summarize these laws, and further applied to their own real and going.
A more comprehensive understanding of Gann and Gann Theory
All along, I have felt that Gann theory, obscure, unfathomable. However, when I recently read in detail Gann's "Wall Street forty-five years," a book later, that this is not the case, need to update Gann and Gann Theory in our minds the old image. A more comprehensive understanding of Gann theory, help investors better access to investment income.
Popular time-cycle theory Gann, Gann angle lines, round wheels, there are many experts in the author's introduction, in cases of how to make Mr. "Gann Theory and the mainland stock market," a series of articles. But, in fact, these are just part of the Gann theory - Price Analysis section. I personally think that Gann theory, a more important part of the operation strategy of some were barely mentioned. This situation makes the Gann theory in the eyes of the investing public the impression that it is not complete and may even be wrong. Complete Gann theory, would certainly cause investors to better grasp market opportunities. Although I would not say that they know how deep the Gann theory, but I hope his feelings to writing for investors.
Gann full name is WilliamDelbertGann, 1878 Nian 15 Yue was born in the United States 6 Texas town of Lufkin. Young age selling newspapers on the train Gann and sending telegrams, but also selling postcards, food, trinkets and so on. Gann has been talked about by the brilliant things the world is also a 1909 deal in 25 years, he earned a 10-fold! Gann remarried this year to accept the then well-known "stock quotes and Investment Digest" magazine. Under the supervision of the magazine editor, Gann in the 25 trading days to 286 transactions, of which 264 times earnings and the remaining 22 losses, the odds of up to 92.3%. The capital multiplier of 10 times. The average transaction interval is 20 minutes. Speculation on Wall Street career, Gann earned about 50 million U.S. dollars in profit. Today, more than 500 million U.S. dollars equivalent to the number. Although some investment masters other than the amount of his wealth is not anything, but I think the most important thing is his new discovery on their own to earn him deserved wealth.
Gann theory's supporters mostly use their original Gann Theory in 286 transactions for a total of 9.23% of the winning proud, but I do not think this is not a Gann success. Gann has published some of the stock of books, but there is no one more than the "Wall Street Forty-five years," Gann said more truly the secret of success. In this book, I saw the words are not up to what Gann angle lines, what time period or a round wheel and so on, but "one-stop-loss" in the name. In the second chapter alone, "one-stop-loss" would have appeared eight times. Every time there, Gann pointed out its importance.
Gann said that the majority of people losing money in the stock market There are three major reasons:
â‘?Excessive or trading transactions are too frequent;
â‘?there is no stop loss on a single (StoplossOrder);
â‘?little is known about the market.
Obviously, winning in the stock market should be avoided in the above-mentioned three kinds of errors. What is the deal over? My understanding is that every time the sale will not always be out of the whole warehouse. In fact, this is not particularly important, the most important is that when you are in the market speculation rather than investment, but the degree of frequent trading transactions only more important. Trading too often leading to fatal failure. You think about it, you fight for their own profit, we must also raise securities companies, the burden of multiple.
