Law of Vibration by W.D. Gann (Part 1)
Gann developed a completely new idea about the principles governing stock market movements: the Law of Vibration
William Delbert Gann was an outstanding technical analyst. He was also a prolific teacher of how to make speculation a profitable profession, writing seven books and producing two courses on trading the stock and commodities markets. However, Gann’s superlative skill was his ability to accurately forecast the stock and commodities markets. Gann’s forecasting method was based upon what he called the «Law of Vibration». This article seeks to rediscover Gann’s Law of Vibration.
Gann’s great discovery of August 8th, 1908
Almost one hundred years ago, Gann made one of his most important discoveries. More specifically, when he was 76 years old, Gann recorded , in his booklet entitled «Why Money is Lost on Commodities and Stocks and How to Make Profits» (1954). In August 8, 1908 made one of his greatest mathematical discoveries for predicting the trend of stocks and commodities. Started trading with a capital of $300 and made $25,000. Started another account with $130 and made $12,000 in thirty days’ time.
Gann clearly made an important discovery, because he recalled the precise date 46 years later. In December 1909, he gave an interview to the «Ticker And Investment Digest» magazine, sixteen months after his important discovery. The overall conclusion from this interview is that Gann had discovered a unique method to precisely forecast the trend of stocks and commodities. The forecast was based upon what he called the Law of Vibration, and he was achieving great financial success in its practical application.
Gann’s major discovery appears to have been some crucial and practical part of his forecasting method that he called the Law of Vibration and he provided a partial explanation of this Law of Vibration in his interview. More specifically, he made it clear that he would not provide a detailed explanation. However, he was willing to provide a general description of that law. Many experts still look among his writings and in financial markets today for applications of the Law of Vibration.
William Delbert Gann è stato un eccellente analista tecnico. È stato anche un prolifico insegnante di come rendere la speculazione una professione redditizia, scrivendo sette libri e producendo due corsi sul trading dei mercati azionari e delle materie prime. Tuttavia, l'abilità superlativa di Gann era la sua capacità di prevedere accuratamente i mercati azionari e delle materie prime. Il metodo di previsione di Gann si basava su quella che lui chiamava «Legge della vibrazione». Questo articolo cerca di scoprire qualcosa di più sul tale legge.