Once we were challenged to put W. D. Gann’s methods put to the test. Specifically, a large client wanted to see the percentage of profitable trades with W. D. Gann’s intraday time-price predictions. The challenge was to take part in a trading competition, or “Combine,” here in Chicago by Topstep Trader (Topstep.com.) Now this competition is called a “combine” after the same term in baseball tryouts. If you pass the tryouts, the company funds the trader. But… the tryout has tougher parameters than actual trading often does. The rules: Trade max 3 contracts, you must trade at least 10 days. If you make $1,500 you win. But if you drawdown (go backwards in equity) more than $500 on any 1 trade or total equity from peak, you are done. That means no matter how much you make, you can’t go backwards more than $500 at any time. Sound tough? It is to the point of being unrealistic. But to win you must make a very high percentage of small-risk trades. Perfect for Gann. We don’t (and wouldn’t) normally trade like this, and the style more or less resembles scalping. But it made for a good demonstration of Gann’s trading methods in action on an intraday level. We took trade entries in the competition strictly from our W. D. Gann price-time predictions and turn times. The “trades” were executed into a simulator from Topstep Trader.
This competition was taken on a third-party verified simulator and does not reflect actual trades or account results. Please see hypothetical disclaimer at bottom of page.