How to Make Profits In Commodities

I like this book. It does not promise "90% accurate signals" or treat reader with condescension. It teaches three things: 1) "swing trading" methods, 2) how to pay attention, 3) never forget stop loss orders.The book itself is structured in three large parts: 1) W.D. Gann's approach to markets and trader's discipline, 2) examples of trading patterns from various commodities all the way from 19th century, 3) addendum from 1951 with some more details and clarifications.Some people complain that Gann's writing style is too monotonous and droning. It is true in the sense that he does not entertain. But he does cover more ground than all those easy-reading "Trading for Dummies" book which are typeset in triple space with large charts.Parts of this book and interpretations of Gann's methods are available on the web - but it is still nice to have it as a book.

The principles taught in the book can be applied to all kinds of markets. The information is not strictly related to commodities. However, to be successful, you must study. W. D. Gann teaches you the principles. It is up to you to put them into action. This is an excellent book if you are interested in learning more about how financial markets move. An excellent resource for your library.

Well, there are great things about that book but don't let the amount of pages fool you. Most of the book is historical records of specific commodities and the as they are somewhat useful the real value is Gann's trading rules sprinkled in the pages.

This is a book that will give you the insight to real futures trading, but is demands that you study. Not for the dilatant. No get rich quick book, but will make you rich if you gain understanding.

The book shows you a long time personal experience of a great trader.Amazing job to put in one book all this information.I'm sure that this book can help in any way to any trader.

WD Gann wrote this updated version of the book in 1951. Yes, 1951. His methodologies and style, as well as his world view, are so....well 1950's. However, what he provides to those of us who want to be successful in trading commodites is a broad set of 'do's and dont's' that you can find in nearly every trading book written today. You know, "stop loss orders", "dont over trade", "never risk more than X%" of your capital on a given trade, "let your winning trade's ride", "get out of a bad trade immediately", "when in doubt, there is no doubt".... We have read them all before. NONE of this is of any real value to the modern trader. However, what is of value, is getting a recognition of the painstaking historical analysis that WD Gann went through BEFORE he traded any commodities. This book includes several 100 year analyses of all the traded commodities of his time. The analyses include what happened in the "month of September in 1897" in cotton. And then that is followed by the next relevant technical occurance, which happened in October of 1897. He does this for many of the commodites of the time from 1841 to 1941. What the reader comes away with in my opinion, is that commodities are cyclical in nature. And that if you can holistically 'feel' the history and the motion of the cycles that exist in each commodity, you can trade more effectively. This includes understanding the 'how we got here' and the relevant bigger picture points that one can glean from looking at the historical data on a specific commodity. For example, that in the last 100 years (1841-1941), (I am making this up) Corn has reached a new yearly high in the month of June 22 times, and a new low in August 36 times. Whereas, new highs were reached in February only 2 times, and new lows reached in December 2 times. This information is valuable to a trader who knows what to do with this type of information. In my view, dont look to this book for more information on "how to trade" as much as you should look at 'what to do' to improve your chances of success. One last note, if you are looking to get some background or academic knowledge on how GANN lines are used, or GANN Boxes or any of the other GANN ascribed technical tools used or invented by GANN, this book DOES NOT show, teach or discuss any of them.

A Genius in his & our time, even though he has passed away some time ago.

I've been a commodities trader for many years but I've never owned a book by Gann so I bought this to use more as a reference than a first time read. I'm very familiar with many of his concepts but wanted to get them first hand instead of "Gann said..." which I know more often than not is used as a false come-on to lure you to the commentator's product - including software.That said, I'm rating the book on the quality of the printed product and not on Gann's trading. I purchased this book new directly from Amazon. Beginning with the Gann charts on page 329 there are five of them that are completely unreadable because the crosshatch on the chart along with its comments are mostly blank. It is a production problem. The five charts simply didn't reproduce on the page. They are blotchy or in some cases almost blank. The printing quality isn't limited to the charts. Some of the textual pages are lighter than others and some are heavy black, obviously a problem with the printer.I'm not exchanging the book because there is no guarantee that the next one will be any better and you know good and well they're not going to thumb through the book before shipping it out.C'mon Amazon - at the price you're getting for this product you can do better.

Just follow the 28 rules given in this book.It was repeatedly told in this book that do not trade on hope or fear, which we human do always. Hence it was reminded repeatedly.Let us do not trade on hope or fear.Let us follow the rules strictly 100%

Great for a Gann types inersted in Gann methodology.

Amazing book , must read

classic book, spot on - must buy

I Recommend all traders who trade in commodity need to read this book. I have learned lot of things from this book.