A Review of ‘Wall Street Stock Selector’ by W.D. Gann
Published in 1930, at the height of the Great Depression, Wall Street Stock Selector serves as a companion to Gann’s earlier work, Truth of the Stock Tape (1923). It updates his insights with seven additional years of trading experience after trading during the ‘Roaring ‘20’s’, offering readers an enriched perspective through Gann’s deep understanding of the market cycles, forecasting and the psychology of trading.
If you missed it – here’s a link to our review of Truth of the Stock Tape.
As stated on the back cover:
“Wall Street Stock Selector explains the 1929 bull market and the cause of the panic which followed and tells of the coming investors’ panic. When you lose money trading in stocks, it is usually because you guess and gamble on hope, while the man who makes money has definite rules for trading. You need a Wall Street education and this book will give you more real market knowledge than you can obtain from any other source.”
What sets this book apart is Gann’s ability to blend practical advice with forward-thinking ideas, emphasising discipline, patience, and a systematic approach to investing – principles that remain relevant today. His discussion on the importance of market timing and long-term strategies resonates strongly with modern traders striving for consistency.
In this book, Gann shares his ‘Twenty-Four Never Failing Rules’ for trading success and offers in-depth guidance on choosing the best stocks to buy and sell at the right time – with minimal risk.
Like all of Gann’s works, every page is filled with his trading wisdom, making it well worth revisiting time and time again.
Despite being written nearly 100 years ago, the core lessons are invaluable for anyone seeking to refine their approach to the markets. Gann’s insights serve as a reminder that trading is both an art and a science.
Gann’s emphasis on technical analysis and structured planning reinforces the importance of treating trading as a business, where success stems from preparation, strategy, and execution.
For those looking to deepen their understanding of stock market dynamics, Wall Street Stock Selector is a must-read, offering lessons that transcend generations.
Have you read it? If not, it’s often sold combined with ‘Truth of the Stock Tape’ and you can purchase your copy at www.wdgann.com