Able Quote by William Delbert Gann
“Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. By studying time cycles and time periods you will learn why market tops and bottoms are found at certain times, and why resistance levels are so strong at certain times, and prices hold around them. The most money is made when fast moves and extreme fluctuations occur at the end of major cycles.”
About This Quote
Source Book: Truth of the Stock Tape, William D. Gann, 1925
Market cycles repeat because price and time are linked; studying historical price patterns reveals likely future movements.
In simple terms: Past price patterns help predict future market moves.
Key Takeaway
Study cycles, respect timing.
Themes
finance
markets
timing
prediction
cycles
Mood
analytical
cautious
Type
educational
strategic
When to use this quote
- trading strategy
- investment planning
- risk management
- portfolio timing
Key Concepts
Gann Theory
technical analysis
cyclical patterns
Questions to Reflect On
- How reliable are past cycles for future forecasts?
- When should you trust timing over fundamentals?
A Different Perspective
Historical patterns may not hold in unprecedented events.
