Truth of the Stock Tape: A Study of the Stock and Commodity Markets With Charts and Rules for Successful Trading and Investing
Author | : | |
Rating | : | 4.59 (500 Votes) |
Asin | : | 9650060006 |
Format Type | : | paperback |
Number of Pages | : | 196 Pages |
Publish Date | : | 2017-11-20 |
Language | : | English |
DESCRIPTION:
"Glossy" according to Steven J. Devney. This is a very light book from William Gann. Other books that I have read by him are much deeper, and provide much better information. When I purchased this book, I also purchased How to Make Profits in Trading Commodities. That book is a much better buy, than Truth of the Stock Tape.. Five Stars like the book.. "Overkill on great ideas" according to Samson Hedges. If you are a researcher of Gann you will probably be intersted in this book. It has 1 rule that isn't discussed in his other books. This rule tested over S&P 500 from 1950 to 1971 gives a 2% increase in annual return. The rule he describes involves finding tops but I went through and applied the rules to finding bottoms. The only thing I don't like about it is that it goes way overboard talk
It has been well said that a writer who writes first for remuneration and secondly because he believes what he writes, will never achieve enduring fame, and that the salesman who does not believe in his goods will never make a success. In addressing you on the subject of investing your surplus funds, I might state that there is no other subject which I could select that so closely concerns your welfare and regarding which you might receive valuable assistance from my instructions. Is it any wonder then that they lose? I offer you suggestions and advice in the science of speculation and investment in the same spirit as the physician. Men and women who would not attempt to treat the slightest ailment, or even adjust so common a thing as a kitchen faucet, but would hand each difficulty over to its respective specialist, the doctor or the plumber, will on the spur of the moment and without the slightest preparation, undertake the investment of thousands of dollars in enterprises about which they