W.D Gann probably was the greatest trader and investor in his time. He made 50 millions (equivalent to at least 1 billion in today’s money) in his trading career.
He developed his Master Time Factor methodology through his understanding of the Biblical verse Ecclesiastes 1:9, “The thing that hath been, it is that which shall be; and that which is done is that which shall be done, and there is no new thing under the sun.” He believed the repetition of Cycle pattern
W.D. Gann believed “Time is the most important factor in determining market movements because everything moves in cycles, as the result of the natural law of action and reaction. By a study of the past, I have discovered what cycles repeat in the future”.
So, understanding the dominant cycles (like 10, 30, 40, 60, 84, 120 years) is one of the best practical methods that allows one to project and anticipate a major turning points (major rally or decline).
A big money can be made if one is able to determine the primary trend correctly and invest early (and sit tight) in that dominant cycle. Which markets now are displaying the primary uptrend or moving into the dominant cycle? If you want to know more, I suggest you subscribe my newsletter.