Reading "Dow Theory" and swing trading DIA with its ideas?

Question

Any thoughts or just stick to the charts when trading DIA.

Answer 1

You know, I have heard of technical analysis for 30 years, I have looked at charts, It have heard forecasts based on charts...Do I beleive???? I beleive that charts show what happened in the past, I am not convinced on their predictive accuracy

Answer 2

Answering this question is only as exciting as answering if day procuring and promoting a great theory. My question to you is that straightforward. you have invested $3,000 in a inventory, on a similar day, in case you sell it, you are able to make $500. might you're taking the money? comparable question for a needed-to-be day dealer, in case you make investments $3,000 in a inventory, on a similar day, the inventory is going down and you ought to comprehend a loss of $500, might you carry directly to that inventory? As a swing commerce, you may make extra or worst, you may lose what ought to have been yours. As an afternoon dealer, you may lose deeper or get well your loss. the two day procuring and promoting or swing procuring and promoting are good recommendations. yet you ought to respond to the question first. this is named self-discipline and prepare. understanding what you're, your regulations and shop on with it.