[Question] I can't trust stairs because they collapse soon; the reason is that stairs often fail on the third step [Answer]
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How to master Dow Theory to reduce losses and keep making profits
【Asker】
The stairs collapse quickly, so I can’t trust them
Because the stairs often fail on the third step
【Answer】
I understand what you’re saying
I used to be the same
However, it’s better to think of the stairs as a pattern
It's easier to understand if you think in an N-shaped pattern
Among them, when a trend re-emerges in a trending market, the movement just before the trend extends long
often takes the shape of a flag
Many are deceived by flags, so they tend to extend quite a lot
Therefore even if the stairs break, it doesn’t mean it will just keep reversing from there
I think it depends on how you think about it
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