“ Greg is the best practitioner I can find of W.D. Gann (best market trader in history). If one does not believe W.D. Gann and other technical indicators with massive decades-long records are correct, then as we say in the South, ‘there is no cure for stupid.’” But let me challenge you on something… Can these cycles apply to particular assets? Like gold or bitcoin? Or only ever to the 10 stocks you follow? GREG Great question… And exactly the sort of topic we cover in The SixFigure Trader. Let’s consider gold… It was a hot investment back in 2019. For example, you could’ve made 38% by simply
Now, there were two ways to play it… ANCHOR Buy stocks or… do something else.
GREG Right. You could’ve bought the ProShares Dow30… an easy way to profit off a market rally. Sure enough, it rose 48% over the following 2 months. Not bad.
ANCHOR But I take it you did something different… GREG I didn’t touch the Dow30, because I don’t like the risk of holding stocks.
buying and holding the VanEck Gold Miners ETF over 3 months that year. ANCHOR But not you, I take it.
Instead, I watched it very carefully… And on May 15, I noticed this… ANCHOR OK… and what are we looking at here?
GREG No, I did something different… for the chance to make a LOT more money. FASTER.
GREG See the two rectangles? Symmetry. A “rhyme” in the price action.
To explain how, I want to ask you a question… How often do you see symmetry in nature? ANCHOR I don’t know… Flowers? Snowflakes? GREG Right.
When you’re looking at cycles… and you see that kind of rhyme… decades of price action show the investment is about to go UP. So I recommended a trading play to take advantage of that move. Sure enough, we nailed it… and you could have made a 100% gain in 5 days on the Dow30, which doubles your money in less than a week. That’s over two times more money than
You can find symmetry throughout nature. And when you try to express it mathematically, scientists have known for centuries that it works out to a very particular sequence. Take a look…
taking a “buy-and-hold” approach… on the exact same investment… in a fraction of the time… without touching a single share… while most people were still panicking.
ANCHOR Oh boy, you’re taking me back to high school… GREG This is called the Fibonacci Sequence. It appears throughout nature, in flower petals… leaves… you name it. W.D. Gann absolutely loved this stuff. Now… If you let this sequence run long enough, dividing one number by the next gives you 0.618, or 61.8%.
Even better, you’d have been long gone from the position when the Dow30 took a dip a few weeks later, as COVID-19 began resurging. ANCHOR Now Greg, on the one hand… I know your subscribers swear by this strategy. For example, I love this note from George O. who said:
25
Made with FlippingBook - professional solution for displaying marketing and sales documents online