【Question】I think Dow Theory is a complete hoax. In the end, I’ve seen it tested with automated trading, and in practice it’s useless or the results show that. 【Answer】
A community with questions↓
How to master Dow Theory to reduce losses and maximize profits
【Questioner】
I think Dow Theory is a fraud
I've actually seen it automated trading,
but in practice it's unusable or doesn't yield results
【Answer】
I think that's because you're basing it on short timeframes or superficial aspects
With scalping or short timeframes, there is too much noise, so automated trading becomes difficult
What would be stable
is when you go into day trading or swing trading
Scalping with very short timeframes has a lot of noise
Even if many traders say "short timeframes are everything!"
eventually that kind of situation will reverse
Such cyclical movements always occur in the market
I think focusing on those is better from a trading perspective
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