The W.D. Gann Method of Trading: A Simplified, Clear Approach Hardcover – October 1, 1990

Summary from my full length review - A no nonsense book that explains the Gann method clearly with many examples including walk-thru of the trades (both good and bad ones) and how orders are adjusted. One of the earlier books on trading that truly gives the reader a simple working trading method.

I have had the book in my library for almost 20 years, and I find the book to have solid value.I will agree that there are glaring typos, and mislabeled fractions, but if one takes the concepts presented, and take note of the errors, and apply the methods to charts point by point, one will see the book is useful indeed.I have observed in my trading career that many traders want something "NEW", but are not profitable using the "OLD". Yes the book does teach simple concepts, but it is the simple concepts that make money. If you are NOT good in math, and do not read critically, this book may not be for you. But, if you have basic math skills, and know how to separate the gold from the garbage, you too, will find this book does indeed have value.

You will learn that the most important retracements are 50% and 100%. So, you should be at first half broke and than completly broke.Lots of charts, but no hint how it is drawn.It is stated that your computer should be a 286 or 386.You will have conversion tables to convert fractions to decimals: 1/2 = 0.54/8 = 0.5.Do not waste your time and your money.

This book achieves what it aims to do. It gives an overview of some of Gann's ideas and explains his 50% retracement rule in almost painful detail.I understand the frustration of the previous two reviewers. The book is poorly edited and full of typographical errors. Because it contains a lot of detailed workings, there is a tendency for the eye to skip over that detail. I can imagine that is exactly what the editor's eye did. Hence the typos.This book is not worthless though. It contains some sound advice about the importance of employing systematic analysis and the disciplined use of stops. It also provides a simple but reasonably effective trading technique. On the other hand, it is dull and too long. The general technique is also covered more succinctly and interestingly in other trading books.It is not worth the "new" price but a cheap secondhand copy or, even better, a loaner might be worth the effort

In addition to being poorly written and poorly edited, this book is not helpful. I guarantee that after reading this book, you will not know any more about Gann's trading methods than when you started. Nothing is explained! Hard to believe that the author could claim to be making Gann understandable when the book does not help at all.

One can seldom find such one sided, overwhelming negative comment on Amazon of a trading book. All reviewers before me rated this book with less than 3 stars. This book really belongs to the rare breed.Though he author used a lot of charts, supported with Stochastics (he used that badly, too), to elaborate how to use Gann's ideas to trade for profit, he failed miserably. His charts and his analysis were simply beyond apprehension, even for a pro like me. You couldnt understand what "pattern" (that's what charts are for) the author was talking about. He should have employed some professionals to edit his original script. The addition of copy and paste ideas from the original Gann books just couldnt help at all. Dont waste your hard earned money on this mess.p.s. I am sorry that the only points the author made it clear were:1)The basic ratio of Gann Angles is 1:1 - one unit of price equalling one unit of time. A 2x1 Gann Angle indicates that prices are moving two units of price in one unit of time. (Perhaps the only clear thing on this book)2)After an initial, sustained price move, either up or down, prices retrace ot 50% of their initial move. If the retracement exceeds 50%, prices should continue to the 62.5% (5/8) level, before a reaction occurs. (Gann used 1/8 as the base unit of his forecast) (Perhaps the only simplifed and clear thing on this book)

...about 5 years ago in IBD there was an ad for thisbook in which the book seller said this book was fulltop secret info never before available and only availablefor the next 2 or 3 days, then the offer is gone forever.I panic bought. I feel like a total fool.This book is worthless.

The book is either guilty of many mathematical errors or the author has left out reasons for using formulas which don't add-up. I stopped reading at page 18 and returned the book. This is where all of the unexplained miscalculations began.