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Brent wrote:
> Robert,
>
> Thanks for your reply. BTW my name is Brent. I've only been seriously
> studying Gann for about a year now. I am limited by the amount of funds I
> have to spend on buying Gann information. However, I have been studying
> trading almost every (week) day for about 9 years now.
>
> I am a moderately successful commodity trader at present. If Gann
> methodology holds any promise for me it is to significantly improve my
> trading. I'm not afraid to spend a reasonable amount time studding something
> that I believe contains that sort of promise but I have limits as with
> anything.
>
> May I ask you, how much time you have spent studding Gann and where do you
> feel you are on a scale of 1 to 10 ranging from beginner and novice through
> being a competent student and finally being a master of Gann.
>
> Brian,
>
NW: Brent, the violin, trading, and market studies all have one thing in
common. No one has ever and very likely no one will ever "master" these vehicle
of endless challenge. One strives onward toward perfection knowing that
perfection will never be reached. It is the journey and not the destination
which is magnificent. We, who seek the essence of the markets, come to realize
that the markets are a manifestation of human psychology. The markets are
therefore subject to profound laws of the universe. Gann's reading list is
representative of the fact that in one's quest for market truth, the path to
enlightenment takes us much farther than one would ever have dreamed. Those with
open minds and perseverance find that the greatest treasure is not found in the
markets or trading, but rather in the rewards that they receive from the quest.
The material rewards availed are only a small portion of this magnificent
journey.
Don Quixotely,
Normando
P.S. The above text is most effective if read while listening to the musical
score to "Man of La Mancha". For those not familiar with this great musical
play, probably the most famous song from this show is "Impossible Dream", i.e.
"To dream, the impossible dream...."
Here's a link to get the video-> Man of La Mancha - PG (1972, 129 min., Drama,
Music) This show can provides great inspiration for anyone in pursuit of
enlightenment through market studies.
Another link ->http://homes.aol.com/n2thewoods/Margo/MolM.html
My website is http://www.windmills.com Ha ha, just kidding about that one.
>
> If you aspire to become a master at anything,particularly in this
> business-be prepared to put in
> many Hours of study-especially with Gann-!! There are many aspects to
> trading well and methodology
> is one aspect-moneymanagement/ risk control and perhaps the most difficult,
> but seems the easiest
> is the 'emotional' side - Relax and enjoy the journey - if you don't -it
> will be very expensive.
> Preserve capital,trade small numbers and as you grow in experience the
> 'leverage' effect will reward
> you well for your efforts-
> Take the time to check out the detail of what you call 'BUNK' -(because
> there is a correlation to human
> nature-freakish or otherwise that exists in the 'out of the ordinary'
> approaches)-keep an open mind
> always-Yes 90% you will discard and the 10% you will find what works for
> you-the point is you will
> not have the confidence or discipline to believe in the 10% unless you do
> the spade work.
> Over the years I have read many trading books and found that the 'simpler
> the better' is so true.In fact
> some of my earlier approaches I now know just how good they were !!-(aah
> hindsight !!)
>
> regards
>
> Robert
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