Since dow theory is only to find the trend, cant we keep target and stop loss?

[MURUGAVEL]

<p class=”MsoNormal”><span lang=”EN-US” style=”font-size: 7.5pt; line-height: 115%; font-family: ‘Roboto Slab’, serif; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;”>Dow theory is used for long time trend analysis we can not fix target and stop loss.</span></p>

[Lokesh Padmanaban]

DOW theory is used to find the demand and supply yes we can keep target when to buy and sell and it is thus difficult to create stop loss.

[thandapani]

only identify demand and supply ,we can’t  predict exact target and stop loss,

[Dinesh Kumar]

Dow theory is only for analysis of market trends, cant fix the target and stop loss

[Ashw]

Yes, we can keep target and stop loss depending on our risk appetite and understanding a proper HT HB LT LB pattern and breakout point along with volume.

[Author]

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