William Delbert Gann (June 6, 1878 – June 18, 1955) or WD Gann, was a finance trader who developed the technical analysis methods like the Gann angles and the Master Charts, where the latter is a collective name for his various tools like the Spiral Chart (also called the Square of Nine), the Hexagon Chart, and the Circle of 360. Gann market forecasting methods are purportedly based on geometry, astronomy and astrology, and ancient mathematics. Opinions are sharply divided on the value and relevance of his work. Gann authored a number of books and courses on shares and commodities trading.

Gann was born June 6, 1878 in Lufkin, Texas. His father was a cotton farmer. He started trading in 1902 when he was 24. He was believed to be a great student of the Bible, who believed that it was the greatest book ever written. He was also a 33rd degree Freemason of the Scottish Rite Order, to which some have attributed his knowledge of ancient mathematics, though he was also known to have studied the ancient Greek and Egyptian cultures.

Mr. Gann based his trading methods on "time", rather than on "price", like so many systems of today. This made it possible for Mr. Gann to determine not only when a trend change was imminent, but also what the best price would be to enter, or exit that market. So accurate were Mr. Gann's techniques that in the in the presence of representatives of a major financial publication, he made 286 trades in a period of 25 market days, on both the long and short sides of the market. Of these, 264 trades were profitable! . In 1933 Mr. Gann made 479 trades during the year. 422 were winners and 57 were losers. The return on his capital was a staggering 4000%. In a large number of cases Mr. Gann gave them in advance the exact points at which certain stocks and commodities would sell, together with prices close to the then prevailing figures which would not be touched.

While there were records of success in trading, there were reports of situations where W.D. Gann forecasts have gone wrong or had gone in completely opposite direction of expected results, which proves that markets are supreme, for all those Gann Followers and researchers, Gann always insisted on placing small stop losses, to ensure that when you lose you are loosing not more than 3 to 5 points and when you are in profits you take at least 15 to 20 points at the  minimum which places the risk vs reward at 1:4 at the minimum. One of the common mistakes many new traders do is they are afraid to place stop loss orders for the fear loosing money on the big trend, however they forget simple mathematics that if your stop loss is hit and price goes 10 points under you are making an additional 5 points even if a Stop loss of 5 points is hit. 



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