There are two quite different sides to Gann analysis, the deeply theoretical, seeking to understand the essence of the science behind Gann’s 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 Gann’s 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 Gann’s 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 Gann’s theories. For those seeking a solid, Master’s Degree level education in technical Gann analysis, we cannot recommend anything more highly than Ferrera’s works.
Ferrera has written detailed course on every angle of Gann’s work and provides a fast track into a deep understanding of each field of Gann’s work as well as advanced topics in technical analysis. He has works on cycles analysis, Gann’s Square of 9, Gann’s Mass Pressure Charts, one on risk management and Gann’s swing trading system, another on the details of Gann’s 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 Master’s degree in Gann and technical analysis.
W.D. Gann Works
W. D. Gann’s private courses represent the most important of all of Gann’s 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 Gann’s 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 Gann’s courses were initially collected and compiled by Dr. Baumring and Donald Mack in the 1980’s 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 couldn’t be further from the truth! Each of Gann’s “courses” were actually small, “sections” 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 1940’s and that he “called” 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 Gann’s death when purchased by Ed Lambert. For instance, there are pieces that Gann advertised in the 1950’s as “new” like his Master Mathematical Formula for Market Predictions, or his rare #3 Master Time Factor Course which were never included in his “Master Courses”, and similarly were never included with any of the Lambert Gann courses sold by Lambert or the Jones’ from the 60’s until now. So these “master” 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 Gann’s 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 Baumring’s 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 “supposed” collections of Gann’s writings as most are unauthorized, incomplete, and distorted representations of his work, and cannot be trusted. Our set it the most reliable set of Gann’s unadulterated and most important work available…
While W.D. Gann’s own original work is a critical element for any Gann researcher’s collection, most people will find Gann’s 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 Gann’s, without significant help by well-seasoned analysts and traders who have dedicated years to decoding and creating practical tools from Gann’s techniques. This is why there is a fundamental and valuable secondary market of works presenting and developing Gann’s 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.
Author Biography & Introduction toTrading with Selene’s Chariot
An astrological market forecasting book with practical trading applications.
By Sean Erikson
About the Book
Trading with Selene's Chariot by Sean Erikson ( $7,500.00 )
If there’s one thing you can count on in the markets, it’s that you can expect trading books to be outrageously expensive, and you can expect the good ones to cost the most. Gann used to price his work to cost as much as a new home, so he probably takes the cake when it comes to inflation-adjusted book pricing, but I understand that this book is also expensive. Maybe not Gann-expensive, but still… When you are considering investing in a book like this, and I certainly have been on the other side of it more times than I can count, there’s a certain expectation that the author knows what they’re talking about and has something of value to say. So, I think it’s very important for you to understand a little bit about who I am and why I am sharing this information.
My Early Trading Career
First of all, “Sean Erikson” isn’t my real name. I made it up. If you do a search for Sean Erikson, you’ll find pictures of a bunch of real people who have that name. I expect some of them are traders. Maybe some of them are even good ones. If you ever come across one of those guys after reading through this book, please don’t go over and try to shake their hands or bother them. They’re innocent in all of this.
I’ll circle back around to the name in a minute, but first let me give you a short summary of my trading career. I’ve been involved in markets ever since I was a teenager. I had a mentor when I was very young who used to manage money for a family office. He was a good trader and made money, but he wasn’t a great one, and I wouldn’t expect anyone to recognize his name if I put it in print. I owe that guy a lot though – he gave me a push, and got me hooked. He’s the one that really lit the fire under me, and as far back as high school, I knew that trading was what I was going to do for a living.
When I was in my twenties, I worked in one of the exchanges. This was back before electronic markets showed up and showed me the hustle and bustle of how things used to be back in Gann’s day. It was an exciting time for a young guy, so much action and energy. The first group of people I made friends with were a bunch of floor traders. As in any large assembly like an exchange, there are all sorts of groups and cliques that naturally form. This particular group of traders all had one thing in common: they were gunslingers. They traded on emotion, and there was no plan. They would show up, figure out what to do in the moment, and then try and ride the order flow. Some of them were good at it and were able to make a living. Others weren’t so good, and were barely breakeven. All of them, without exception, were completely full of stress and anxiety, amped up in a way that is hard to understand unless you’ve also been in a position where you had to spend every day in a fight against the market to try and survive.
But there were others… One guy in particular who worked in an office across the hall from the one I spent most of my time in could make money trading anything except the S&P. For whatever reason, that market just didn’t work with his approach. As I recall, he used to spend most of his time reaming out the traders on the floor when they would make mistakes with his orders. He’d chew them out, hang up the phone, do some analysis on his computer, then call them back and ream them out some more. I’d have quit had I been on the other end of that guy’s phone calls.
I remember him really well because I could hear him yelling through two closed doors, and it happened almost every day of the week. The guy was completely over-the-top in almost all ways, but he was always nice to me personally, which I appreciated since I was kind of scared of him. The reason I bring him up is that he was really the first trader that worked off a set of rules. He didn’t need to put himself through the stress of trading on the floor, and was more successful than most of those guys anyway. He showed me the benefit of having a plan, and sticking to it.
It wasn’t long before I met my first whale. One day a trader friend of mine who was a lot older and a lot more experienced than I was, took me on a tour of a particular trading house he worked at. He paused at one point and pointed out a man who happened to have his office door open at the time. I thought the guy was an accountant or something, since he had a completely different demeanor than any of the traders I was acquainted with at the time. For example, he actually seemed calm, which was weird.
“See that guy?” my buddy said, “He never trades less than a 200-lot on any market.”
My reaction at the time as best I can remember was basically “Holy shit..!” I knew the guys on the floor took huge positions since they were trading for pennies, but this was the first trader I saw who ever traded size and held overnight. S&P futures, which was the market to trade back then, moved in ten cent increments and was worth $250 per point. Holding 200 of those meant that every tick on the chart was worth $5,000 to this guy. If the market moved ten points in a day, which happened all the time, this trader would make or lose half a million dollars. Half a million in a day, and that was just one market in his portfolio! It was the first time that I came across someone who, without a doubt, really knew what they were doing. It’s funny looking back on that moment, because a 200-lot doesn’t seem like such a big deal anymore. I’ve traded way more than that.
Eventually, after a lot of struggle, I found my feet and got to be a pretty good trader. I traded my own money for a long time speculating on everything, stocks, futures, forex, options, you name it. At a certain point, I expanded and began working for a private consortium. A handful of Silicon Valley entrepreneurs had made a fortune selling their technology company, and ended up getting bit by the trading bug. That last part was partially my fault! We ended up joining forces, and they kicked in money to a pot that we all traded together. I brought the trading expertise and they brought the big money. It was fun and we made a lot of profits over almost a decade of trading together.
By the time I had reached this point in my career, I was trading completely off the computer and didn’t go anywhere near exchanges. Yeah, I’ve called plenty of orders into live brokers, but I hated doing it and would never want to go back to those days. The electronic markets revolutionized everything. As long as you’re not engaged in some sort of high frequency trading operation, you can pay a very reasonable fee to co-locate a server in Chicago or New York and gain less than millisecond latency to the order-matching engines. An entire class of super sleazy traders I used to try and steer clear of in my time at the exchange were all put out of business, which was a good thing for everyone. Slippage has ceased to be a practical concern. It still exists, obviously, but it’s nothing like what I used to have to put up with.
Running a Hedge Fund
At some point, as happens for many successful traders, I got seduced by the idea of running a hedge fund. The trading group I was involved with had banked 30-40% returns eight years in a row, and I found myself fantasizing about how much I would have earned had I been running our approach on a multi-billion dollar fund instead. The back-of-the-napkin math that I found myself performing was irresistible, and I eventually decided to jump in. I got licensed, gave an obnoxious amount of money to some lawyers to set up the structure, and launched my own fund. I’m not going to say which particular fund it was. It wasn’t a huge, brand-name fund, but it wasn’t a teeny one either. Let’s say a small, boutique fund, and leave it at that.
I found that managing a fund was a lot more work than being a trader, especially when it came to compliance and investor hand-holding, but that’s the part of the job you embrace in order to accept the 2/20 fees you get to charge. For those of you who might not be totally clear on what that means, if you’re running a fund, you have the ability to charge 2% on all assets under management as an annual fee, as well as the ability to take 20% of profits from whatever you earn for your investors. It’s one of the few professions left where you can come in at the ground floor with almost nothing and turn yourself into a billionaire in a relatively short amount of time based on nothing more than your own skill or your ability to schmooze the right rich investors. The first way is the honorable way to do it, the second unfortunately much more common.
Over the years, my fund had its ups and downs, as all funds do. We were aggressive, which meant that when we’d take losses, we’d perform relatively worse than our competitors, but when we did well, we would just crush everyone else. The fund reported to a number of databases, and it was ranked against various global indices in the industry. We had a number of #1 rankings over the years (that was fun), and popped up on all sorts of “best of” lists for the various sectors that we focused on. Investors like it when you’re #1! They’re like retail traders in the sense that they really have a problem not chasing after the hottest new thing that they see. Markets move like that too, with everyone wanting to buy at tops. I think it must be human nature.
After a number of years of doing this, I began to realize that maybe I wasn’t living the dream after all given my daily stress levels, and basically ended up burnt out and scattered. My approach started taking losses. Eventually the system got whacked pretty hard in a flash-crash style spike, and I made the decision to throw in the towel and cash out. Now I’m retired from trading. Maybe I should say mostly retired from it. I still dabble here and there, and fool around with new ideas when inspiration strikes, but I much prefer drinking my coffee and chilling out in the morning to being glued to a computer screen, and I’m making a conscious effort to enjoy the time I have left on the planet in ways that make me happy.
Retirement, & Why I Wrote This Book
There’s a lot more to life than trading, and after having been in it for so long, you can find that you become a slave to the chase in a way, which sort of happened to me. Just take a look at Gann, multiple failed marriages, estranged from his son and unable to get unstuck from his charts in his old age. Yeah, he was a genius, but there’s a huge cost that he paid. Markets were made for man, not man for markets, to paraphrase the Bible. As much as I admire Gann’s body of work, I think that John Templeton is probably a better example of a trading hero to try and emulate. He dedicated the second half of his life to spiritual pursuits and furthering causes that were dear to his heart. I’m trying my best to follow his example in my own way.
Coming back to the point... When I was learning to trade back when I was much younger, I studied everything. I read every book, bought every course, spent time hand charting, learned to program computers to test ideas, etc. You know the drill… Interestingly, the really good techniques happen to lie in the strangest places, like in ancient astrological textbooks, for example. The problem is that society does not view those places as acceptable sources of trading ideas and inspiration. If you’re a private trader, you can give society the bird and do whatever you want. But if you expect to court institutional investors that sort of thing is the kiss of death.
Once institutional investors get interested in investing with you it takes them around nine months to actually cough up any funds for you to manage. Most of that time is taken up with countless cycles of interviews and risk assessments. If you get one thing wrong on their list of questions, you’re gone. The issue is that it’s their job to protect their clients’ assets, and if you lose the money they invest, it’s going to be their ass on the line, not yours. So they are super picky and super weird about everything.
If you go into one of those meetings and say something like, “I’ve made 50% per year over the last ten years, and I did it by only trading when Mercury goes retrograde,” those risk managers will thank you for your time and they will leave. You will never hear from them again, and you will never have another chance to sit down with them. Ever! You are done… 50% per year makes you one of the greatest fund managers of all time but talking about Mercury made you untouchable. I know there are a couple openly-declared astrological funds out there, so presumably it can be done, but I guarantee those funds aren’t getting placements from the people that I know in the business.
What I’m trying to say here is the institutional crowd where the really big money lives has certain standards that you have to follow if you have any chance to work with them. I had to shave my beard and get a haircut when I became a fund manager. I had to wear a suit to meetings, and I had to dress in certain colors and not others. It doesn’t matter if you’re a good trader. You have to fit into their worldview. If you don’t, you’re a risk, and they don’t like taking risks.
This is the world that I’ve lived in for years now. I’ve got a secret sauce when it comes to trading, but I know it is kryptonite to institutional people no matter how effective it might be. That much is abundantly clear to me. And if, for whatever reason, I someday get back into the business, then I don’t want some crotchety Risk Officer showing up at our meeting with a copy of Trading with Selene’s Chariot tucked under his arm, a bunch of colored sticky notes popping out to mark all the passages that gave him cause for concern.
So here I am, with a bunch of really cool material that I feel like sharing with other traders who are interested in this kind of analysis. I’m not using it right now, and I’m not sure how much I’ll need it in the future. I spent decades (plural!) figuring all this out and don’t want it to just evaporate. I was inspired to write this book and when inspiration strikes me, I take notice. If the Universe tells you to do something, it’s best to listen and go do it. I’ve learned long ago to go with the flow when I recognize the direction, and I have seen the many benefits that accrue when being in that flow.
Things happen of their own accord and all sorts of help (luck?) shows up to push you along. It’s just like trading in the direction of the trend. So when I heard the call to write about these tools, I acted, but throughout the process I remained strangely hesitant about my real name. Suffice it to say, I had to ruminate over this point for quite some time. I guess what you really need to know comes down to this: In the end, I didn’t want to put my name on this book, but Sean Erikson had absolutely no problem doing so. 🙂
So that’s my story. I blurred some parts and was vague on purpose for others, but it’s accurate otherwise. I’ve pretty much lived and breathed markets since I was a teenager. I worked at a major exchange, and later ran a fund that traded millions and won awards based on its performance. I’ve hung out with guys with billions under management, and I’ve worked with plenty that made eight-figures a year.
Now I live in wine country and fool around all day… Oh, I also think astrology is one of the most powerful tools you can use on markets. That last part is where you fit in and why I wrote this book.
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 Gann’s 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 Gann’s and are quite powerful, but are slightly different from Gann’s, 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 1000’s 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 1920’s through the 1970’s, 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 20’s. 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 90’s 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 Gann’s system of trading and market order. However, even further, Baumring rediscovered and elaborated the system of scientific cosmology at the root of Gann’s Law of Vibration. There is absolutely no other Gann teaching that goes anywhere near as deep as Baumring’s 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. Baumring’s 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 100’s) of books required to develop the foundations needed to understand Gann’s 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 “Numerical Astrophysics” 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 “best of the best” 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 Gann’s 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! Baumring’s 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, “If you only are looking to make money, don’t bother studying Gann, it’s too difficult. Simply study swing trading systems, risk management and options strategies, and you can make all the money you want to make.” (Note: we have excellent books on these alternatives…) 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 Gann’s 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.