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W. D. Gann (secret) "method" at Trader's World

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May 25, 2001, 10:56:07 PM5/25/01
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At this URL http://www.tradersworld.com/trades/ you will find the following
text:

=====================================================

Joe Rondinone's SYMMETRICS SUPER TRADES
Daily trades in selected commodities via E-mail
Soybeans
Wheat
Corn
Hogs
Meal
Gold
Cotton
Cattle
And many more, plus...
ENTRY WITH STOP PRICE AND EXIT
It's the ultimate service for only $100 per month.
Cutting-edge daily predictions - using the latest Symmetrics
technology - true squaring of price with time.
To sign up for free 2 week trial call us at:
1-800-288-4266
or
E-mail us
Trading in futures is not suitable for everyone.
There is a substantial risk of loss in trading futures.

=====================================================

A few comments: What is meant by "Symmetrics" is an invention of this Joe
Rondinone. Mr. Rondinone apparently purchased some correspondence courses
from W. D. Gann in the 50's and NEVER met him! Mr. Rondinone does NOT have a
very good track record as a TRADER. As a matter of fact he doesn't even have
one as an analyst. What is "Symmetrics" then? Consists in using proportional
bars 38.2% width of the high-low range and a 45 deg trendline as "true
trendline". Is this new? No, it is not? Does it work? In my opinion it is
not precise and involves EXTREMELY HIGH RISK because you will place a stop
loss bellow the previous swing low (above the previous swing high) AFTER
prices cross the 45 deg trendline drawn from the previous sing high (sing
low). Try this on the dailies of the S&P500 or on any other commodity!

A much more precise method is explained by W. D. Gann himself in his 1935
course - "The Basis of my Forecasting Method". This course is also known as
an "Instruction on the use of Geometrical Angles". It was re-published many
times with the same title by W. D. Gann himself! The main core principle was
COPIED by Murrey and titled "Murrey Math". If you study this course you will
notice that W. D. Gann indicates a "0" angle drawn from "0" price at the
time where prices make both a top and a bottom ... Mr. Rondinone's "method"
does not mention this.

You could ask if Mr. Rondinone's "method" is more accurate than W.D. Gann's
(due to the 38.2% bars). Well it is not and has no forecasting value. It is
a gimmick sold to make money. Mr. Rondinone's "method" was computerized with
the title Symmetrical Trader and is sold together with a few mechanical
rules for 100,000 US Dollars. Note that some of these mechanical rules can
be found in very cheap and inexpensive books. The software is available
cracked and fully operational. The last I saw it was being sold right here
in this newsgroup for 100 bucks!

I am sick and tired of seeing MERCHANTS OF HOPE trying to imitate the genius
of the remarkable W. D. Gann for their own profit. The process involves
FRAUD and deception. There a number of reputable Gann specialists around.
Ask them about this (secret) methodology!

On the other hand, why would the inventor of "SYMMETRICS SUPER TRADES" sell
such superb signals for 100 bucks apiece? "Cutting-edge daily predictions -
using the latest Symmetrics technology - true squaring of price with time."
is marketing for the ignorant!

A trader!

footballan...@gmail.com

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Jul 1, 2014, 6:33:45 AM7/1/14
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Amazing how a trader! has NFI
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