Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
How to Make Profits in Commodities vs How to Make Profits TRADING in Commodities Gann
I wanted to read the book based on Linda Raschke's recommendation (https://lindaraschke.net/resources/) but not sure which would be the best version to get. I've searched online but can't find a clear differentiation between the two.
Hoping someone here can shed some light. Thanks!
Can you help answer these questions from other members on NexusFi?
Linda and I are friends, but probably either book would be just as useful, considering Alexander Elder interviewed Gann's son, who stated that his dad never made money actually trading, but rather made money selling his Gann technique...
Talking about Gann, I've heard the same thing about him being more of a salesman than a trader. Especially the secret message supposedly hidden in "The tunnel thru the air" appears like an attempt for creating a mysterious air around his persona, for boosting his sales numbers. Although I have to say I haven't read that book, so maybe there really is a secret in it?!
I've also bought it after watching a Linda Raschke Webinar, but depending on where you're at with your knowledge and what your goals are, chances are that it's not really what you're looking for.
About half of the book is basically him describing in which year which commodity behaved in which way. So the majority of the book is not really to read like one page after the next, but more to work with it if you're trying to build more of a long term strategy based on seasonals or the like.
If you want to especially go in depth with agricultural commodities and trade them in a longer time frame, there's definitely good value in it, but for generally learning how to trade, Van Tharp's or Mark Douglas' books are better suited and for technical analysis I think Murphy's book is a better choice.
