Truth of the Stock Tape was written to help those who were trying to help themselves in speculation and investment trading. If you are a stock or commodity trader, you need a Wall Street education and this book will give you more real, timeless, market knowledge than most sources available today.
William Delbert Gann (1878-1955) was an outstanding stock and commodities trader. He was also a prolific teacher of how to make speculation a profitable profession, writing some seven books and producing two courses on trading the stock and commodity markets. However Gann's superlative skill was his ability to forecast accurately the stock and commodity markets.
This is a great book written by a man very confident in his trading approach. I do wish the producer of this copy included the charts, but if you can imagine the price swings of the securities listed, you can get an idea of how he determined accumulation and distribution, his basis for positioning his trades.
Timeless wisdom from a master. Applicable a century late and for markets he was never aware of. I'm only halfway through it but it's enough for a 5* already.
This book is obviously very dated and the charts were very hard to read (some of them completely unable to be read as they were so feint). But, there was a few interesting things in here. Not a very easy read or particularly for a beginner trader but reading the work of an "expert" - however controversial - is never a waste of time.