[BITCOIN To 1M Dollar] - Bitcoin 2019 and 2022 Predictions - Analysis and Financial Astrology

in #life5 years ago

As a Gann trader, I utilize the theories and methods of the great W.D. Gann. Gann was well ahead of his time in his analysis and approach to trading. When compared to the contemporaries of his day, Gann was not only better and more successful as a trader (we have real third party reports and witness to his trades - something not many old or new traders can or would admit to), but he was singularly distinct in his approach. Even today, almost 150 years since his birth and 64 years after Gann's death, Gann remains singularly distinct in his approach.

Time is the reason for trend changes
Even among technical analysts, Gann is dismissed. Which is astonishing to me. The cause for the dismissal of Gann's methods does make some sense though - it flies against the prevailing theories of finance and certainly against the prevailing theories of technical analysis. Gann said that time was the factor and reason for changes in trends. More than this, Gann approached the market as a natural phenomena.

Gann was man of devout faith and profound intellect. To him, his belief that God created everything meant that there was a strict order and logic to nature - a system that could never be altered by man. Without going into any further detail, Gann's approach to the market is one that does believe in randomness in the market. Every market is subject to a natural pattern that can not be altered by man. It is as natural and concrete as the rising and the setting of the sun. And that is my style of trading: a belief that markets are slaves to a pattern that can not be altered, that a chart is just a visual representation of a naturally occurring pattern in time.

And perhaps the most difficult thing for traders and analysts to grasp regarding Gann's work is that news is irrelevant. It's pointless. But let's get to the point.

2018 by the numbers

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