W.D Gann has been a leading influence in the field of Technical Analysis, and his groundbreaking work in the study of Time analysis is unlikely to be surpassed. Gann was born on 6th June 1878 in Lufkin, Texas, into a poor family of 8 children. His father was a cattle/ Cotton trader, and his mother taught Gann to read using the Bible, which was to become a major influence on the way Gann studied market movements.

In 1908, Gann made his great discovery of a Time Factor, and proved his discovery by trading his accounts with unheard of returns, turning $300 into $25000 within 3 months. This Level of return created a huge interest in the techniques that Gann was using, and at the beginning of his Commodities course is a reproduction of an article written in the Ticker and Investment Digest of December 1909. In this article an import inspector William Gilley wrote:

“Mr Gann’s Calculations are based on Natural Law. I have followed his work closely for years. I know he has a firm grip of the basic principles which govern stock market movements, and I do not believe any other man on earth can duplicate his idea or his method at the present time.”

“Gann has taken $130, and in less than one month, run it up to over $12000. He can compound money faster than any man I have met.”

During the Month of October 1909, in 25 market days, Mr Gann made 286 trades in various stocks, both Long and Short trades. Of these Trades, 286 were profitable and 22 were losses. The capital with which he operated was doubled ten times, so that at the end of the month he had one thousand Percent of his original margin.