There are two quite different sides to Gann analysis, the deeply theoretical, seeking to understand the essence of the science behind Gannís market theory, the Law of Vibration, and the outright practical, looking for working tools and techniques that will help with applied trading. Though our greatest interest is in the cosmological theory behind Gannís work, and the universe in general, we also specialize on the practical tools that traders need to specifically analyze and trade the markets. Some Gann experts excel at theory, while others are simply practical traders who are less focused on ideas in deference to trading techniques. This category will specifically focus upon the books and courses that provide very specific and applied tools from Gannís toolbox used for real time trading. Some may explore deeper theoretical principles and some may just focus on pure trading tools, but this category will give working techniques to better fill the arsenal of any trader. We often recommend that new Gann students focus first on developing a practical trading ability, so that they can fund their future research with profits from their trades, and then also apply new insights from their theoretical study to their practical trading as they advance. This section will help to identify those most practical tools.
Dan Ferrera is one of the most respected market analysts and educators in the Gann field. For 20 years his works have been some of the most popular in our catalog. Aside from being one of the clearest interpreters of Gann, he also has produced his own advanced work, The Spirals of Growth & Decay, developed prior to his analysis and presentation of Gannís theories. For those seeking a solid, Masterís Degree level education in technical Gann analysis, we cannot recommend anything more highly than Ferreraís works.
Ferrera has written detailed course on every angle of Gannís work and provides a fast track into a deep understanding of each field of Gannís work as well as advanced topics in technical analysis. He has works on cycles analysis, Gannís Square of 9, Gannís Mass Pressure Charts, one on risk management and Gannís swing trading system, another on the details of Gannís complex geometrical and mathematical tools, one on astrological Bible interpretation, on teaching how to create yearly forecasts like his own yearly Outlooks, which give a prediction for each year, and more. If you are wanting to get a first taste of Gann and to save yourself years of hard work putting together his ideas, Ferrera is a perfect place to start, and walking through his series of fantastic is like getting a Masterís degree in Gann and technical analysis.
W.D. Gann Works
W. D. Gannís private courses represent the most important of all of Gannís writings, and go into much greater detail than his public book series, with which most people are only acquainted. They should be carefully studied in their full detail, as they contain the deepest insights into Gannís theories ever presented. Stock traders must be sure to study all the commodity courses and vice versa, since Gann often put techniques that applied to all markets in only one or another course.
We stock the complete collection of the works of W.D. Gann, both his courses and books. Our set of Gannís courses were initially collected and compiled by Dr. Baumring and Donald Mack in the 1980ís from dozens of original rare private course that were distributed by Gann throughout his career. Many people mistakenly think that Gann just wrote two courses called the Master Stock Course and Master Commodity Course. This couldnít be further from the truth! Each of Gannís ďcoursesĒ were actually small, ďsectionsĒ of a few pages to a few dozen pages, individually bound in paper folders. These various pieces were then compiled into different sets which he sold as various collections at different prices to different students over the decades. Some were more commonly sold to all students, while other were more secretive and sold only to close private students who often signed non-disclosure agreements, and paid exorbitantly high prices. It is these rarest pieces that make the difference between one collection and another.
The later courses Gann sold in the 1940ís and that he ďcalledĒ the Master Courses were nothing but various compiled collections of these smaller pieces, and would vary according to who purchased them and what price they paid, and were never set until after Gannís death when purchased by Ed Lambert. For instance, there are pieces that Gann advertised in the 1950ís as ďnewĒ like his Master Mathematical Formula for Market Predictions, or his rare #3 Master Time Factor Course which were never included in his ďMaster CoursesĒ, and similarly were never included with any of the Lambert Gann courses sold by Lambert or the Jonesí from the 60ís until now. So these ďmasterĒ courses are and have always been incomplete collections. Further, the Lambert Gann courses sold by Billy Jones through the turn of the century, were retyped and re-edited by Billy so that they did not provide the original unadulterated content that Gann produced, making them unreliable, edited versions. Our editions are exact facsimiles of the original copies sold by Gann, with no editing or adulteration of any kind.
Our 6 Volume set of Gannís Collected Writings was further supplemented by new finds of rare pieces, like those mentioned above, rediscovered by the Institute over the past 30 years since Baumringís death, and comprises the most complete and the only properly organized set of courses that are available. Gann has very particular sets that he sold only to his higher end clientele, placed in specific order to provide a particular logic to his work. Our collection maintains this order and includes a further collection of rare and historical courses, letters and private materials which make our collection the most complete and important collection available. Serious students of Gann should beware most ďsupposedĒ collections of Gannís writings as most are unauthorized, incomplete, and distorted representations of his work, and cannot be trusted. Our set it the most reliable set of Gannís unadulterated and most important work availableÖ
While W.D. Gannís own original work is a critical element for any Gann researcherís collection, most people will find Gannís work to be extremely vague, complicated and difficult to penetrate on their own. In our experience, it can take many years, if not decades for the ordinary analyst to, by themselves, digest and apply the deeper techniques of Gannís, without significant help by well-seasoned analysts and traders who have dedicated years to decoding and creating practical tools from Gannís techniques. This is why there is a fundamental and valuable secondary market of works presenting and developing Gannís ideas, and making them accessible to any trader. We believe that the best teachers in this field are not competitors, but are fellow contributors to an ongoing field of research, and that their work is mutually supportive and will provide expanded insights when more material is understood.
We maintain the largest collection of secondary works on Gann Theory of anyone in the field. Many of these books we publish ourselves, and are written by top Gann experts and experienced Gann traders from across the world. However, we also review works written by other Gann experts across the field, and add to our catalog any material we consider to be of high quality and importance from the global community of Gann analysts. With our experience in the field, we are well qualified and to provide a peer review of these materials, so as to filter out the best quality work from that of a lower caliber, and then present these to our clientele who demand the highest standards. So any book or course that you find in this catalog can generally be considered to be of the upper echelon of works on Gann analysis. We have new authors submit their research to us ongoingly, so that we are always adding new items to our catalog with fresh insights, alternative techniques or new ideas. In this way we are able to save our clients significant wasted funds in exploring the territory at their own cost.
The Three Types of Traders Why They Win & Why They Lose
An Article from Trader's World Magazine, Fall 2008
By William Bradstreet Stewart
For the past 20 years, the Institute of Cosmological Economics has been dedicated to providing our clients with an exclusive collection of rare financial market analysis and forecasting publications from a highly secretive tradition of thought, which we call Cosmological Economics. This tradition stems from the work of the famous market master W. D. Gann, and extended through the work of Dr. Jerome Baumring of the Investment Centre school and bookstore in Los Angeles in the 1980’s. With the death of Dr. Baumring and the closing of the Investment Centre, this tradition was passed on to us at the Institute of Cosmological Economics, where we have continued to make available the market teachings specifically selected and developed by Dr. Baumring.
We are currently in the process of separating our financial market books and courses from our more esoteric and scientific catalog, and our new Institute of Cosmological Economics website is oriented specifically around the financial market. This new website will focus only on Cosmological Economics and financial market trading and forecasting, from the tradition of W. D. Gann, Ferrera & Baumring. Dr. Baumring’s mission was to elaborate the work of W. D. Gann and the tradition of market forecasting based upon W. D. Gann’s Law of Vibration, into a complete cosmological system, relating universal processes to human consciousness as reflected in financial market activity. Baumring considered the markets to be barometers of mass human psychology, and understood, as primarily developed by W. D. Gann, that there existed fundamental laws and ordering principles in the universe which determine the function and action of all things, including the markets.
Throughout the years, we have continued to seek out and make available further correlating material to support and develop this thesis, adding to our collections important lost works and new material on these subjects, ranging from market analysis, to astroeconomics, to scientific and esoteric treatises, which provide an elucidation of the basis of such universal theories. As a major part of this process, we continually search for and discover new resources and experts within these fields, and encourage and work with them to develop new presentations and advancements of these concepts, such as we did with the work of Daniel T. Ferrera, whose books and courses have significantly advanced the understanding of Gann analysis, cycle research, wave mechanic market structure, long term forecasting, including a 100 year forecast of the Dow Jones Averages, out to 2108 (which accurately predicted the Oct 07 top and current market declines), automated trading systems, and a number of other key topics.
As a continuation of this process, we are would like to recommend some KEY foundational works containing core trading principles which many would consider to be the most valuable and important aspects of trading, the application of the theoretical work to the most difficult and applied field of successfully trading the financial markets. We are convinced that the courses we will present to you here represent some of the best applied trading courses ever made available to the public. The intention of the courses below are to take even a totally uneducated and unexperienced wannabe trader, and teach him or her the fundamentals and mechanics of trading beginning from nothing. These principles are required before a trader even begins to seriously concentrate on analysis techniques, but are required in order to know how to apply those methods of analysis successfully in trading.
Over the many years that we have been closely involved in this field, we have had the opportunity to meet 1000’s of analysts and traders, and we have found that those individuals who have immersed themselves into this tradition generally fall into 3 categories:
First, there are those who have invested a considerable amount of time and money into their research, but who have never taken the step of actually applying it to trading, remaining primarily theoretical researchers.
Second are those who have invested the same cost and energy into the work, but who have also spent years attempting to become successful traders without ever finding the necessary Key to produce the trading results they desire.
Third are the successful professional traders who have developed working applications which provide them with moderate to extreme success in the markets, enough to make trading their only or primary profession.
This third category represents our primary and most serious clientele, those most anxious for each new piece of material we uncover, because each added insight contributes to their overall understanding and improves their success in the markets.
In our ongoing search for new material, one of the key elements we most painstakingly seek are methods and insights which will help turn these first two categories of analysts into the third category of successful traders. However, as most of you reading this well know, this is the most difficult category of teaching material to find. The reason for this is twofold. First, is that those professional traders who understand the true methods of successful trading are reticent in giving up their hard-won secrets that are the source of their income and sustenance, in part because they are afraid that public knowledge of such principles will lessen the effectiveness of the techniques in their own trading, and partly because many of them feel that success in trading is something only earned by an individual’s own effort and intelligence.
When such traders do write books, many of the best of which are the books to be found in our catalog, such as the work of W. D. Gann, they present the work in such a way as to make it exceedingly difficult to penetrate into the true methodologies they are actually using to successfully make money in the markets. It is evident in reading such works that there are profound insights contained therein, and with much hard labor, some analysts are able to penetrate the veils and connect the missing links to understand the hidden applications, these generally being the third category mentioned above. The others scratch their heads and continue their search for the missing Key that will provide them with the success they have so long sought.
The second reason that it is difficult to discover working trading applications is often dismissed as being the result of there being only a particular type of person, with the proper intellectual faculties, emotional balance, and an engineering type of mind that is necessary for trading the markets, and that this type of person is quite rare and special. Some have come to the conclusion that there are theorists and there are traders, and that never the twain shall meet. If you don’t already have “it,” you won’t get “it,” and will forever remain in a circular quest for the unattainable.
While it is certainly true that some people simply do not have the emotional stamina for the art of trading, which requires the strength to be able to make hard decisions and initiate upon them at the opportune time, and then to ride the emotional roller coaster of watching the market move with, or worse, against you, we feel that the actual truth stems from the simple fact that 95% of those who attempt to trade the markets are lacking the fundamental principles, insights, strategy, and knowledge required to be a successful trader.
Once one understands, however, that it is not some magic wand that will make one a successful trader, but a collection of knowledge and applied tools which have actually been time tested and proven to work in the markets that is the missing link, one is able to set out on the quest to discover those needed tools. Most aspiring traders fall short at this point, because they lack the dedication and determination to spend the time and money it takes to discover these tools.
In having known 1000’s of traders, one absolute fact that is consistent amongst all of those who are truly successful, is that they have generally spent 10’s of thousands of dollars, if not $100’s of thousands on their education and research. Most have extensive libraries, and have attended dozens of seminars and trading courses, and most agree that very few of them were worth the money, and yet they continue to search until they find something that works. One of the most common facts about unsuccessful traders is that they are continuously hesitant to spend enough time and money to acquire a real education in the markets.
W. D. Gann said that in order to make “Speculation a Profitable Profession” (the title of one of his courses) one must become a true professional about it, and acquire a professional level education. Dr. Baumring used to say that you don’t become a brain surgeon in a day, but only through long, hard study, 7-10 years of study, yet millions of people think that for some strange reason they can become a trader overnight, and that it is easy.
What’s particularly amazing is that most people will spend $100,000 to $200,000 on a college education, the tuition at most private schools these days being $40k a year!, yet they balk at spending $5-10,000 obtaining an education in the markets. They hardly realize that there is very little taught at a university that is not publicly available for FREE in any public library or on the Internet. And yet they spend this money without any thought of whether they are receiving an education that will provide sustenance for them and their families for the rest of their lives. Certainly, there are some professions which require specific academic standards, credentials, and specialized training in order to work in those fields, but the majority of students at college are not developing such specialized training.
And again, what we are discussing here is trading, and anyone who has looked at any academic curricula or been to college, can tell you that there is absolutely NO education available at universities that teaches anyone how to trade! And yet in the modern world, every individual who has any savings or a simple 401K will find themselves confronted with the necessity to make financial decisions for which they are totally unqualified and unprepared.
People can obtain an MBA and get a job on Wall Street, but the disastrous state of our current economy, the dangerous jeopardy of the banking system, and the recent collapse of almost all of the great old Wall Street financial firms, should be enough to demonstrate that these sophisticated educations provide even the experts with very little true knowledge about the markets. These professionals and institutions, and even such revered figures as Alan Greenspan, all profess surprise over the current market and economic collapse, while most of our clients have been expecting this for some time, and were well prepared to take advantage of it.
The incredible volatility of the markets in recent times, with few 100+ point daily swings, provide those with the ability to call turning points, and the knowledge of how to trade such swings, with incredible opportunities to make exponential profits unlike any other time in the history of the financial markets. This is truly a trader's market, and will be for many years to come, but without these kinds of skills, the average investor will be hard pressed to make even minimal profits in their portfolio.
So, in the face of these considerations, where is the aspiring investor or trader to turn to receive an adequate education in the markets, whether it be simply to manage his 401K or retirement portfolio, or whether it be to become a successful stock or commodity trader? It's one thing to have a general cyclic indication of market expectations, but an entirely different thing to know how to take advantage of and trade those insights in real time. For the trader, these highly volatile markets offer one of the greatest opportunities in history to generate unimagined returns. With the kind of volatility we have seen in the last 10 years, with intraday swings of 100’s of points on the Dow, and some stocks jumping and collapsing by 50% almost overnight, those who know how to forecast and trade such swings have the regular opportunity to generate returns that would have taken decades in times past.
Such trading requires the ability to pinpoint exact turning points on a daily and even intraday level. Or for a more intermediate term investor, projecting the turns on a daily and weekly time frame is all that is needed to catch the general trend of the market as it bounces from its high to low within a trading range. This is not as complicated as one may think, for with the right tools, foreseeing and trading the intermediate trends of a trading range is almost obvious. Many professional traders do this all the time, but generally the process is not taught to the common investor or beginning trader.
If one asks professional traders what the most fundamental necessities required to make consistent profits in the markets are, they will generally all boil their expertise down to a few key fundamentals. These fundamentals turn out to be, first and foremost, good risk management! Second, effective tools that clearly identify future turning points, specifically, highly tradable points after which a significant market movement transpires. And finally, techniques which identify price level entry points, exit target points, and techniques for trend determination. It is somewhat universally agreed upon by successful traders that if you know WHEN to take your positions, WHERE to enter and exit your trades to maximize profits, as well as where to place your stops so as to limit your risk without getting knocked out of your positions, and HOW to determine the nature of the ensuing trend, that you will be successful in your trading endeavors.
Many people spend a lifetime studying numerous trading books and courses without ever finding a consistent means to achieve their desired results, though really with the right direction and proper material they could probably surmount this obstacle without great cost or difficulty. The first step is in learning to favorably bias the risk/reward equation. One must develop a “statistical advantage” before even beginning to trade, through applying both account management skills, followed by consciously biasing the risk/reward ratio of one’s trading strategy. This is really the only way to make a living in the trading business.
Everyone always talks about the upside of trading, believing that with unlimited potential for gain and limited losses, that it’s inevitable that given enough time and resources you will eventually hit it big. However, in reality, success in this endeavor is very low, because nobody truly understands how to properly apply these principles of risk management when they first begin trading. Even many long time traders have never mastered these most fundamental ideas, and that is what separates the successful traders from the unsuccessful.
One of our most popular authors who lays the foundations for running a logical and practical trading business is Dan Ferrera, who has clearly realized that this problem lies at the core of most failed trading attempts, and with this in mind he developed a specialized trading course, The Keys to Successful Speculation, which directly addresses these issues, clearly laying out the principles of risk management and swing trading in direct and simple terms that any beginning trader can quickly master and apply to their trading. Most people just don’t realize that it is this side of trading that is blocking them from success. Ferrera’s Keys provides the “statistical advantage” through risk management that will allow a trader to skew the risk/reward equation in their favor all the time.
Once these initial principles of risk management and swing trading are mastered, Ferrera has a next level trading course, The Art of the Trade, which provides thorough instruction in W.D. Gann’s next level trading methodology, Pattern Trading. It teaches “Chart Reading” the way Gann himself did it, demonstrating how to trade the fundamental market patterns identified by Gann. This strategic approach to trading provides advantages that allow the trader to react to the markets in real-time, without indicator lag. Pattern Trading eliminates lagging mechanical indicators, which are always based on what the market did in the past and not the present. This style of “Form-Reading,” as Gann called it, allows one to make decisions in real time, as the opportunities develop on the chart.
Patterns let the market tell its own story. They inform the trader what it is most likely to do, providing an open invitation to come along for a potentially profitable ride. Becoming proficient at recognizing these simple patterns, which are conceptually based on pivotal swings, can dramatically improve a trader’s ability to read and interpret price action. This course provides a clear set of rules for reading these market patterns to determine entry, exit, risk management, and trade management as determined by the recognition of a set of fundamental market patterns identified by Gann. This approach differs from Gann’s mechanical swing indicators and from his long-pull position trading, providing a different perspective and alternative trading style, that most often used by Gann himself. The technique is equally effective on any time frame, so is as valuable for day-traders as it is for daily traders. It also generates a larger number of trades than his other trading methods.
Ones the systems of Swing Trading and Pattern Trading are mastered, the final 3rd level of trading strategy taught by Gann is what we call Leveraged Position Trading. We consider this strategy to be the best approach that traders can take to producing large profits from small investments with very limited risk. Our course, Market Vibrations, W.D. Gann’s How to Make Profits in Modern Markets, takes this particular approach to creating highly leveraged positions to a new level, and is the first phase of trading where traders can approach the incredible results that Gann himself accomplished.
The intent of this course is to provide a trading strategy that allows for large returns from low risk investments. Trades have an average risk:reward ratio of 1:10, with a minimum return of 500% per trade to maximum returns exceeding 5000% per trade. The strategy employs straight forward analytical techniques explained in Gann’s How to Make Profits in Commodities to identify high value trade setups which can be employed using highly leveraged options strategies to generate large but safe returns. The analytical techniques and strategy taught in this course do not require any prior Gann knowledge or any past trading experience. They can be easily understood and applied by any trader, new or seasoned, to great effect with very little time or difficulty. The strategy is based upon “leveraged position trading” so requires little time or effort to manage. Minimum capital requirements are very low, so someone with an account as small as a few $1000 can effectively implement this strategy. For full details see the link below.
Once these fundamental trading approaches are understood, there are many further technical tools and analysis techniques which will help to improve a traders timing and price expectations, making one more effective in producing consistent profits. But without these fundamental strategies and trading principles, these other techniques can remain ineffective. So it is best to start first with the fundamentals, and only then to move on to the more advanced work. That way a trader will learn to produce profits from the outset, and when that is accomplished success is assured.
Our Three Most Important Trading Courses Presenting the Fundamentals of Trading:
The Keys to Successful Speculation
Daniel T. Ferrera
The Keys To Successful Speculation presents the first fully intact trading manual, which will clearly teach anyone, including those with absolutely no prior knowledge of the markets, Gann, or forecasting in general, to successfully trade in any market, fr
Hardcover Black Suede Gilt
The Keys to Successful Speculation ( $1,500.00 )
The Art of the Trade
W. D. Gann's System of Chart Reading & Pattern Trading
Dr. Goulden takes a different approach to market analysis than most normal traders and educators. As a Cambridge educated scholar, Goulden is interested in deep principles and in exploring the foundations and implications of both trading techniques and the systems behind them. Before he was ever interested in the markets, he was asked by a friend why Gannís tools and system are considered to be based upon metaphysical principles. He found this question intriguing and engaged in deep research in the field to answer this question. In this process he recreated a new set of tools based upon principles of Ancient Geometry and Celestial Mechanics. His tools are taken from the same sources as Gannís and are quite powerful, but are slightly different from Gannís, so that traders often use them as non-correlated cross-confirmation tools giving similar technical indications but from different perspectives.
His work is deep and has many layers of application and exploration that can be derived from it. His latest work on financial astrology, The Secrets of the Chronocrators, looks back to the astrological and astronomical systems of the ancients, reviving the more mathematical and technical astrology of the Great Masters of the medieval and prior times. Exploring principles like Spherical Astronomy and subtle movements of the Solar System, it seeks to develop a more advanced and scientific system of astrology determination as distinguished from the simpler forms that are generally known. It represents a new movement to re-explore the deeper scientific systems of the ancients that were lost in the press towards the development of a purely mechanical science.
Goulden is a superb educator and the most active Forum moderator that we have seen, with each of his Forums for his courses having 1000ís of posts with detailed questions and answers, deviling deeply into further and new fields of research beyond what is presented in his courses. His Online Forums serve as an advanced classroom where the details of his theories are discussed and elaborated and where students share their research and work with each other while overseen by Goulden, who continually presents new ideas and suggestions.
Hasbrouck Space and Time
One of our great historical discoveries is the Hasbrouck Space-Time Archives, a collection of rare research materials and forecast letters lost for over 30 years. This research develops a new theory of market influence based upon Solar Field Force Theory that was developed during the birth of the space age. The Hasbroucks were deeply connected to the esoteric and financial market communities from the 1920ís through the 1970ís, and contributed a new and recontextualized presentation of information taken from older original esoteric sources. They present a new field of study of solar phenomena, space weather prediction, earthquake prediction and market forecasting.
Muriel Hasbrouck was the inspiring force behind the research, which a foundation in Theosophy and trained as a classical pianist, she pursued an interest in original source works in astrology, through the turn of the 19th century into the early 20ís. She studies with greats like Walter Russell, Paul Foster Case, Aleister Crowley, and Israel Regardie within the esoteric fields. In the market realms she was close with many of the great analysts of her day like Edson Gould, Edward Dewey, Hamilton Bolton, SA Nelson, and more. She and her husband Louis produced a well-received forecasting letter for 30 years called Space Time Forecasting of Economic Trends, and are now quite famous for forecasting the exponential bull market of the 90ís and subsequent crash 50 years in advance! Their theories of Solar influence upon human and earthly experience through geomagnetic influences still lie at the cutting edge of scientific speculation.
Dr. Jerome Baumring
The work of Dr. Baumring is the core inspiration upon which this entire website is based. Baumring is the only known modern person to have cracked the code behind WD Gannís system of trading and market order. However, even further, Baumring rediscovered and elaborated the system of scientific cosmology at the root of Gannís Law of Vibration. There is absolutely no other Gann teaching that goes anywhere near as deep as Baumringís work, or that even so much as attempts to approach the core ideas developed by Baumring. This study is for those who are interested in the mysteries behind the markets and the ordering system behind the universe itself. This is the study of cosmological theory on its deepest level, and of the interaction between man and the cosmos in which he lives, explored through an examination of causation and propagation of forces in the financial markets.
Dr. Baumringís course program is not easy, and should not be approached without the willingness to commit at least a few years to the study. It is a long and detailed course, requiring the equivalent level of research and difficulty as most PhD programs, but in the field of Gann Analysis, which is not taught at any university. It requires many years of challenging work including the reading of many dozens (if not 100ís) of books required to develop the foundations needed to understand Gannís approach to the markets. It is a very serious study that should only be approached by those willing to dedicate themselves to intense thinking and vast research across many fields of knowledge including: astronomy, biology, physics, finance, cycles, wave mechanics, geometry, mathematics, astrology, numerology, number theory, numerous esoteric and alternative scientific theories, and much, much more. Baumring summarized his system by the term ďNumerical AstrophysicsĒ in an attempt to give a modern name to an ancient theory that Gann himself had discovered.
Of all the analysts and traders we have known, the most advanced have all come to their understanding through following the lead of Dr. Baumring, or through having gone through a similar and parallel study and path of research to his. His teachings represent the ďbest of the bestĒ of all material on Gann publicly available, but it will not give up its secrets to a mere superficial perusal. Baumring does not spell out simple explanations of how Gannís techniques work, but rather leads his students into the depth of the science behind the system, while slowly elaborating how the techniques build upon this deeper science. For those seeking a fast path to the application of Gann exoteric trading principles, this is NOT it! Baumringís work is not merely some market trading program, and indeed if approached this way may be found to be dissatisfactory.
Baumring himself often said to his students, ďIf you only are looking to make money, donít bother studying Gann, itís too difficult. Simply study swing trading systems, risk management and options strategies, and you can make all the money you want to make.Ē (Note: we have excellent books on these alternativesÖ) There are much easier and more direct methods to learn to effectively trade the markets than studying Gann. Those in more of a hurry to apply Gannís work to trading may want to begin with the work of Ferrera or one of our most applied analysts, like Prandelli or Gordon Roberts, and save the Baumring work for a later time to explore at your leisure.