Born on June 6, 1878, in Lufkin, Texas, Gann grew up in a humble farming family. His father worked in the cotton industry, exposing young Gann to commodity price fluctuations early on. Little else is documented about his childhood, but his later work suggests a deep fascination with mathematics, astronomy, and biblical prophecy.
Gann began trading in 1902 at age 24. Over the decades, he developed unique technical analysis tools, including:
His methods were rooted in esoteric principles, blending astrology, ancient mathematics, and time cycles. While some traders swore by his techniques, critics dismissed them as pseudoscience.
Gann was a devout student of the Bible and a 33rd-degree Freemason (Scottish Rite). His Masonic involvement may have influenced his interest in sacred geometry and numerology. He was also known to study ancient Greek and Egyptian mathematics.
Gann’s financial success remains debated:
Some followers claim he amassed $50 000 000 (over 500 million today).
Others, including his son and associates, suggested he earned more from selling courses than trading. His estate was reportedly worth around $100,000 at death.
Gann’s influence persists in technical trading. While mainstream finance often dismisses his astrological approach, many traders still use Gann angles and cycle analysis. His books and courses remain popular among speculative investors.
Yes. Though his public writings were vague, private letters reveal he relied on planetary cycles, eclipses, and astrological events for market predictions.
Yes, particularly in technical analysis. Traders still apply Gann angles, Square of Nine, and time cycles, though their effectiveness is debated.
Not in the casino sense, but his speculative trading carried high risk—similar to gambling in financial markets.
He famously forecasted the 1929 stock market crash and other major turns using his time-cycle theories.