A trading theory that trend traders should master is the foundation of successful trading. Doing any work requires a theoretical basis; otherwise, you are a rootless tree. An excellent trader must have a solid theoretical foundation. Theory is the guide for all actions and the source of all rules, discipline, and trading behavior guidelines. 1. Dow Theory: Support and trend analysis 2. Falsification Theory: 3. Iceberg Theory 4. Gann Theory: Angle lines and twenty-eight iron laws 5. Support and Resistance: 6. Continuous Reversal: 7. Gaps: Breakout gaps, common gaps, exhaustion gaps 8. Three Major Hypotheses: History repeats itself, prices exhibit trends and patterns, and market prices reflect everything. $LMWR $SWCH $JTO