Commodity-markets

Where work the trading system explained in this book???
Don't loose your money and time reading this book

When I first started trading, the concepts in this book were way beyond me.
I tried the LSS system and it didn't work.
Some 14 years later (February 2004), this book is working for me.
Not LSS, but the concepts. They are aimed at the type of market we have right now.
The concepts come from Taylor who documented a three day cycle in the 1960's.
This book describes Angell's spin on it.

George Angell constantly produces hits when it comes to futures investing. From his proprietary LSS system to his down to earth attitude he has my complete professional courtesy.

His book opens the eyes of the average investor and let's it be known that futures are not one dimensional. You have multiple strategies and tools at your disposal to help you succeed. One of those tools is hedging. ... This is a must have book for the novice futures trader.

If you are a researcher of Gann you will probably be intersted in this book. It has 1 rule that isn't discussed in his other books. This rule tested over S&P 500 from 1950 to 1971 gives a 2% increase in annual return. The rule he describes involves finding tops but I went through and applied the rules to finding bottoms. The only thing I don't like about it is that it goes way overboard talking about the same thing over and over and over and over to the point I'm skipping over some of the examples. This made it a very boring book to read and he could have left much out and still got his point across.

Even though this book was written way back in 1923, it can be of relevance to todays's markets because every rule is based on practical mathematical laws. One thing that is very important here is the sample of annual forecasts which which has been presented. From these dates for highs and lows, one can carefully study them and learn certain cycles that appear in the market even to this present time. A very valuable work indeed!

This is very easy to read yet highly informative! The amount of useful trading concepts is unbelievable for a book which was written so long ago. Despite its age it remains the single best stock market related book I have read. This book is the best book written by W.D. Gann. Jesse Livermore's book and Market Wizards are also highly recommended!