W. D. Gann Treasure Discovered: Simple Trading Plans for Stocks & Commodities (Book and DVD) :: Book

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Book: W. D. Gann Treasure Discovered: Simple Trading Plans for Stocks & Commodities (Book and DVD) :: Book

Date:  Thursday, 08 January, 2009  :: 20:44
W. D. Gann Treasure Discovered: Simple Trading Plans for Stocks & Commodities (Book and DVD)
W. D. Gann Treasure Discovered: Simple Trading Plans for Stocks & Commodities (Book and DVD)
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Editorial Review: Product Description
This modern-day classic features a treasure-trove of proven, viable trading plans suitable for every type of trader. Based on the proven methods of trading legend W.D. Gann, this thorough work has been updated to be relevant for today's most active traders ? and even includes powerful new swing trading techniques. Each plan featured provides well-defined entry & exit rules, risk management assessments and profit objectives. And, the charts and support materials are large and clear, so you can easily grasp the essence of each plan, and incorporate them into your own trading. A companion video workshop is also included that clarifies each concept in detail, so you can understand exactly when, and how, to implement them. Having a solid, reliable trading plan is the only sure way to achieve consistent trading success. Now, Gann master Robert Krausz reveals numerous trading plans and trading techniques that have been proven to be profitable in all different market climates, and which have endured for decades. It's the definitive guide to Gann trading methods for today's trader. COMES COMPLETE WITH VIDEO!

Reviews:

Average Customer Review: 3.5
10 of 11 people found the following review helpful:

Summary: Interesting and Profound Book
Date: 2007-12-27 - 4

Comment: My title is given after the fact that this book is different from others that I have been reading. The reason why it is different is because this book contains much more graphics then text for reading. Basically this book has 3 different parts: The first introductory (using simple basic tools), than the second part with more advanced rules (this part the author doubles the amount of rules to run the trades) and finally a third part where the author just mention some more advanced rules to manage your trading skills. The reason I said this book is different it is because Robert Krausz believes (and he wrote that on his book) that the best form to learn is by repetition, since this is the best way to tell our brain that the method we are working on it WORKS, and if we do not believe in the system of trading, we are going to fail. So he wrote this book with 80% or 90% or charts and a few pages of text, where he explains the rules. But the rules are very briefly explained, and that is because he inserts so many charts on his book. Those charts contain all the entries and exits along the position of each trade. So what the reader has to do is to read over and over the rules and check those rules over those charts. In the beginning it is pretty difficult, but after you checked some 3 or 4 charts you begin to memorize it. It is like if a teacher gave in the first 15 minutes the theory and then later he dedicated the time left to exercise that theory. That is how this book is written. He takes some 3 stocks or treasures as examples for charting and for each one he plots some 3 or 4 years of daily bars. And after reading so many charts, in the end you will have memorized the whole book, with all the management rules for trading. How this book is written is remarkable because it teaches you. It is not a book to read! It is a book to study and make the exercises. Those are already with the answers, but by understanding each answer you became familiar with his methodology. It is a very mechanical methodology that he teaches, and if you don't like mechanical systems of trading this book probably won't interest you because it is what it is all about: mechanical trading. The DVD that comes along shows Robert Krausz in his office explaining a few parts of his book. It is necessary because sometimes just reading the rules might leave you with a few doubts, and by watching the 60 minutes DVD, live, might clear that doubt regarding that particular rule, since we explains rule by rule, briefly in his DVD. And I gave 4 stars and not 5 because this book has many mistakes, but if you really study the book, you will notice them and will see that they don't matter. It is a great book. Ones of my best!
4 of 7 people found the following review helpful:

Summary: useless
Date: 2007-11-28 - 1

Comment: This is not W.D Gann's treasure. His work is much more than this. And he will angry if he still alive. Please rename this book as "3-days Moving Average Trading Strategy".
32 of 40 people found the following review helpful:

Summary: This is it!
Date: 2004-09-11 - 5

Comment: If your psychological temperament permits you to be a swing trader - AND you are adequately capitalized (a $25,000 account is 'way too small) - you will find a wealth of information in this book and its accompanying video. This book is one of the few available that was written by a successful trader. It is absolutely the best book on trading methodology that I have ever encountered!

If you want to learn how to actively manage your own speculative-fund portfolio, your effort will be well-served from studying this book!

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