In Complete Stock Market Trading & Forecasting Course, Jenkins explains, among other concepts, how he uses some of Gann’s methods and techniques, but he never mentions Gann. In this course, by contrast, he specifically states that many of the ideas are those originally developed by Gann, and he goes into great detail on how he personally uses these ideas and techniques.
One might almost view this course as a course on trading Gann’s ideas, as expanded and refined by an active, successful trader. If you want a detailed, in depth course on how to use Gann in your own trading, this may prove to be what you have been seeking all this time.
Introductions:
For the past several years many people who have read my two previous books, Geometry of the Stock Market: A Guide to Professional Trading for a Living and Chart Reading for Professional Traders, have written urging me to either write a course of instructions, or to put on more seminars to teach my methods of trading and stock market forecasting.
This course of instruction is written to fulfill that need. By the time you finish reading this material, I expect you to have learned how to determine the true trend of any market, stock, or commodity on any world market, to forecast approximately how long a trend will persist and what the ultimate price targets are, and also to be able to successfully day trade the market. In short, this is a course of instruction on how to professionally take money out of the market and make a living doing so.
What Complete Stock Market Trading & Forecasting Course is not designed to do is to teach you the basics of what a stock is, or how to open a brokerage account, or any other such rudimentary, basic endeavors.
There are books available in any library on those subjects. This material is for the person who wishes to make a career of professionally trading the market, and has put in sufficient time and effort to begin serious study.
My perspective in this material is that of a technician and not a fundamentalist. Technical analysis is the study of the market with the underlying assumption that everything there is to know about the market or a stock is already reflected in the price and volume of the individual stock. No matter what the fundamentals are, or how they are changing, it takes buying and selling to move stock prices and without that, no investment will make money.
Even if a company has a hidden gold mine on its property, the stock won’t go up until the insiders secretly start buying. The price action will inform the astute technician that a purchase is suitable, and the fundamentalist will often not get wind of the real news for months, or until the stock has had a tremendous rise.
Complete Stock Market Trading & Forecasting Course, and my whole trading experience, has been developed around the principles of technical analysis, which forecasts price trends and probabilities so that you can anticipate the big moves long before the fundamentals really develop. Of course, investing this way doesn’t exclude using bdamental research, but 1 only use it after the fact to better understand the true dynamics of the move. The price itself is the only real truth. If it goes up I want to buy; if it goes down I want to sell.
The art of speculation has often been likened to gambling, but there is a major difference between the two. In gambling, the house sets the rules and those rules favor the house. In sptbculation, like trading stocks, you set the rules. You decide when to buy or sell, how much to buy or sell, how much leverage to use and what your stop out point will be.
You also have technical tools at your disposal, which will be covered in this course, and which can increase the odds of your being right in the trade by as much as 80 – 90%.
This applies to both directions of the move and also the extent of the move. Speculation, then, is clearly different from gambling. Unlike gambling, speculation can be a profitable profession, and as with any business, you can professionally trade to make a living.
Contents:
- Who is Gann
- Basics
- Charts
- Revesal of Trend
- Volume
- Hourly Charts
- Time & Price & Squared
- Angels
- Arcs
- Support & Resistance
- Gann Square of Nine
- Gann’s Astrological Methods
- Time Cycles
- Mirror Image Foldbacks
- Waves
- Day Trading Theory & Practice
- Setups
- Advanced Application
