Helpful Hints for Stock Traders (1921) by W.D. Gann
Alanpuri Trading, Los Angeles, 2017, softcover, exact facsimile of the original 1921 version by W.D. Gann.
Summary: A short but important 20 page collection of stock trading hints by W.D. Gann who was 43 years old at the time. This piece written just before the 1920’s boom and bust.
Rules for Successful Stock Trading
Rule 1: Do not overtrade.
Rule 2: In case of doubt, get out.
Rule 3: Amount of capital required.
Rule 4: Always confine your trading to standard active speculative favorites.
Rule 5: Stick to small quantities.
Rule 6: Limit Risks.
Rule 7: A surplus must be accumulated before you increase your first trading quantities.
Rule 8: Do not expect the impossible in speculative markets.
Rule 9: Never let a profit run into a loss, and do not increase quantities after a long series
of successful trades.
Rule 10: Keep out of dead inactive stocks.
Rule 11: Selling Short.
Rule 12: Dividends.
Cotton and Grain.
How I forecast stock, cotton and grain markets.
Last part of the book is to promote his following products:
The Supply and Demand Letter
Annual Forecasts on Stocks
Speculation a Profitable Profession
Methods of Forecasting and Charts
Helpful Hints for Stock Traders (1921) by W.D. Gann, 20pp.
ISBN: 1945574054, 978945574054