Price Action Trading Foundation: The Dow Theory

Do you want to trade anything successfully? Learning the Dow Theory is the first step for any professional trader. It doesn't matter if you trade stocks, futures, forex, or even crypto-currencies like bitcoin; The Dow Theory is your compass to navigate the price movements on any chart and time frame. 

If you are like over 75% of the population, you are most likely either actively looking for a new reliable source of income that won't fizzle over time. Trading stocks and forex is one of the most stable, high leverage, and reliable way to make money because no matter what happens, trading will be around in one way or another.

The truth is that 98% of retail traders don't make money because they aren't studying the material that will allow them to make money. The introduction of the internet to the trading world has allowed for the creation of sub 1 day charts, trade copiers, algorithmic trading, and a slew of "experts" selling nothing but an unsuccessful trading system, so the need to learn market theory and psychology seems more unimportant every day.

By learning the Dow Theory you are accessing the underlying foundation for all modern technical analysis. This information has been the backbone of institutional trading strategies for over 100 years which means you will finally have a seat at the table with the big boys.

Everyone knows that trading education and theory can be boring and mundane but making money is not, and making money is the primary goal of trading. This foundational information will steer you in the right direction so you can begin to trade with the confidence and precision of a professional trader.

This topic is meant for beginning professional traders but this is necessary for everyone to know at any level.