Overview Calculator Grid Strips Books Courses Software FAQ Order Products Back to Book List How to Make Profits in Commodities How to Make Profits in Commodities was first written in 1941, and revised in 1951. In this best seller, Gann outlines many trading rules for use when trading commodities such as soy beans, wheat, corn, oats, rye, eggs, cotton, coffee and rubber. Astute traders of stocks will also find a wealth of information in this book. Contents Chapter I Foundation for Successful Trading in Commodities Learn to be Independent A Definite Plan Knowledge Brings Success Qualifications for Success Facts Your Should Know About Trading in Commodities How the Tape Fools You Commodity Markets Discount Future Events Human Element the Greatest Weakness Why Keep a Record of Prices Keep up to Date The Best Way to Trade Time to Stay Out of the Market What to do When Commodities are Going Against You What to do When you Have a Series of Losses How Much Profit to Expect How to Answer Margin Calls Joint Account Time Limit to Hold for Profit Facts You Never Hear About Short Selling What Causes Booms and Wars Buying or Selling too Late or too Soon What Traders Don't Want to Know When a Man's Trend Changes Hope and Fear Normal and Abnormal Markets Hedging Normal or Average Advances or Declines Creeping Market Popular Trading Prices How to Select the Commodity that will Lead a Decline or an Advance Best Commodities to trade in Formations at Top or Bottom Sudden Unexpected News Buying Power Greater than Selling Power Selling Power Greater than Buying Power Why Reactions are Smaller at High Levels Why Rallies are Smaller at Low Levels Buying and Selling Balanced Government Control of Commodities Dull and Narrow at High Levels Volume of Sales When the Market is in Strongest Position or in Weakest Position Commodity Exchanges Serve a Useful Purpose How Trades are Made and Closed Selecting Your Broker Chapter II Form Reading - Rules for Determining the Trend of Commodities Capital Required Kind of Charts to Use Quarterly Chart When to Use Daily High and Low Chart Major and Minor Trends Price Tells the Trend Percentage of Highest Selling Price - Lowest Selling Price and Range Bottoms Forecasting Future Tops Even Percentage of High and Low Prices Tops Forecast Future Bottoms or Low Levels Resistance Levels Range of Fluctuations Highest Selling Price Most Important Commodity Movements to Consider Secondary Bottoms and Tops Strength of Resistance Levels The 50% or Half-Way Point Next Resistance Levels - After the Main Half-Way Point Has Been Broken Resistance Points Near Same Levels How to Look Up Resistance Levels When Wheat or Commodities Decline Under Old Tops Small Gains in Last Stage of Bull or Bear Market Rules to Determine Buying Levels Rules to Determine Selling Levels What is Meant by Tops and Bottoms Double Tops and Bottoms Triple Tops and Bottoms Twenty-eight Valuable Rules Fourth Top Same Level Higher Bottoms and Higher Tops Higher Tops and Higher Bottoms Lower Tops and Lower Bottoms Crossing Old Tops or Breaking Old Bottoms Secondary Rally or Lower Top Secondary Decline or Higher Bottom Higher Bottoms and Lower Tops Commodities that Fail to Break Old Bottoms in a Bear Market Commodities that Fail to Cross Former Tops in a Bull Market Period of Activity of Commodities Flat Bottoms and Tops Within Moves Top and Bottom Formation Single Tops and Bottoms "U" Bottom or Flat Bottom Breakaway Points "W" Bottom or Double Bottom "WV" Bottom or Triple Bottom "WW" Bottom or 4-Bottom Formation Single "A" or Sharp Top "U" Top or Flat Top "M" Top or Double Top "MA" Top or Triple Top "MM" Top or 4-Top Formation Sections of Market Campaigns How to Determine Change in Main Trend by Space Movements Many Weeks in Narrow Range Sideways Movements Accumulation or Distribution on Side Last State of Bull or Bear Market Accumulation Above Low Levels Range of Bottoms Range of Tops How Far Should Commodities Decline Below Old Tops After Advancing Above Them Why Commodities Move Faster at High Levels and Slower at Low Levels How Far Wheat Can Decline Under Old Bottoms in Bear Markets Chapter III Fast Moves Up or Down Over a Range of 5 to 7 or 10 to 12 Cents How to Make the Greatest Profit Forecasting Commodity Moves - Important Time Periods Forecasting Weekly Moves Important Time Periods Forecasting Daily Moves Monthly Changes in Trend Important Dates to Watch for Trend Changes Anniversary Dates and Seasonal Changes How to Divide the Yearly Time Period How to Determine Change in Minor Trend Rule for Minor Time Periods in Bull markets Rule for Time of Minor Rallies in Bear Markets Accumulation and Distribution Time Required The Final Top or Bottom How to Determine First Change in Trend by Opening and Closing Prices Determining Right Time to Sell When Grains Advance into New Record High and Low Prices Volume of Sales Rules for Determining Culminations by Volume of Sales Chapter IV Time Periods, Resistance Levels and Trading Examples on Grain Natural Percentage Resistance Points Percentage of High and Low Prices Determine Future Resistance Levels Trend of Wheat or other Commodity above $1.00 per bushel Wheat - Seasonal Trend from 1841 to 1941 Top Formation for Wheat When Swings from Top, December 1919 to Low, December, 1930 Great Swings in Wheat Advances or Decline, from Top to Bottom Examples of Wheat Campaign All Grain Follows General Trend Comparison of Wheat and Corn Prices Wheat Monthly Moves Up and Down Extreme Low Price of Wheat - And Future Time Periods to Watch Time from Main Top to Main Top - Time From Main Bottom to Main Bottom Wheat Swings 1841 to 1941 May Wheat Swings and Time Periods Harvest Time of the World Extreme Fluctuations or Corners - Wheat Wheat Prices Bottoms to Bottoms, or Extreme Low to Extreme Low Soy Beans - Money Making Moves Soy Beans - Months When Most High and Low Prices Have Been Reached Soy Beans - Swings From High to Low Levels - 1913 to 1941 Corn Corn Seasonal Changes 1859 to 1941 - 82 Years Months When Least Number of Lows Have Been Reached Great Swings on Corn Rye Seasonal Changes How to Forecast Rye by Percentage of Lowest and Highest Prices Oats Barley Futures Lard Cotton Trading Cotton - Seasonal Trend 1816 to 1941 Volume of Sales on Cotton Cotton Record Crops Cotton Swings from High to Low - Time Periods Cotton Seed Oil Seasonal Changes from 1904 to 1941 Butter The High and Low Prices on Spot Butter Cocoa Futures Resistance Levels Coffee Futures Seasonal Changes in Trend Eggs - Future Prices and Trading Range Seasonal Highs and Lows for Eggs Hides Seasonal Changes for Hides - 1924 to 1941 Black Pepper Futures Potatoes Rubber Futures Seasonal Changes from 1890 to 1941 Silk Futures Seasonal Changes in Trend Sugar Futures Seasonal Trend 1915 to 1941 Double, Triple and Single Bottoms and Tops Wool Highs and Lows 1913 to 1941 Fast Moves Correct in Short Time Periods Time Turns Trend Time Turns Trend at Top Level Time Turns Trend at Low Level Normal Price Moves Normal Time Moves Time Periods Price Swings Overbalanced Prices to Use for Trend Indications May Soy Beans - Examples Important News Causes Trend Changes Swing Trading Most Profitable Swing Charts Weekly Swing Charts 3 Rules for Determining Extreme Prices Reverse Signal Day Gaps and What they Indicate on Grains Gap on the Upside Gap on the Downside Number of Gaps Inside gaps Gaps at Opening of New Options Example - May Soy Beans Gaps and Daily Limits Long Term Investments in Commodities Conclusion From the Book's Foreword "I am writing this book to supply a universal demand: and give rules that will forecast the trend in commodities. Conditions have changed rapidly during the last few years and will change more rapidly after this great war is over than ever before in history. Men will return the soil of Mother Nature to make a living. Investors and speculators will have to look for new ways to make money in the future and will find it more difficult in the stock market; therefore, the necessities of life, the basic commodities, will offer greater opportunities than investments in stocks and bonds, providing the trader knows the rules to follow. My object is to write something that will be helpful to people in trade lines and to those who have long years of experience in the commodity market, as well as the inexperienced trader who wants knowledge and needs to learn the ways to start right, and to protect his capital and make profits. Life affords no greater pleasure than that of helping others who are trying to help themselves. I am going to give my best of my forty years of experience in this book, and I hope to show others the way to help themselves and follow mathematical rules in the commodity market, which will result in profits. I do not believe in gambling or reckless speculation, but am firmly convinced, after years of experience, that if traders will follow rules and trade on definite indications, that speculation can be made a profitable profession. Trading in commodities is not a gambling business, as some people think, but a practical, safe business when conducted on business principles. I offer this book to the public with a sincere conviction that if they put in the time studying, they will derive great benefits." W. D. Gann Back to Book List Buy Now View Book List View Course List View Software Read the FAQ All of Mr. Gann's books and courses are available from the Lambert-Gann Publishing, Inc. www.wdgann.com Lambert Gann Home | W. D. 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