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VIJAY PANJWANI

Learning is a key to... • 5h

A MILLIONAIRE TEACHING HIS KID WHEN NOT TO BUY STOCKS Dow Theory (the rule nobody explains clearly) Kid: Price is going up. Everyone says “buy the dip”. Why do my dip buys keep failing? Dad: Dow Theory answers only one question: Is the trend still alive — or already dying? Trends don’t end when price falls. They end when structure fails. The ONLY 3 Dow Theory Rules: 1.As long as Higher High + Higher Low holds → trend is UP 2.First Lower High = trend is WEAK, not reversed 3.Trend changes ONLY after Lower Low Chart notes: • Buy dips ONLY here • Stop buying here (lower high) • Trend officially broken here • Structure breaking • Lower Low Why beginners lose using Dow Theory • They buy after the last higher high • They confuse pullback with trend • They refuse to accept the first lower high Kid: So what do you actually do? • Buy pullbacks ONLY until HH–HL holds • Stop buying after first LH • Exit after LL — no debates

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