Live on the Margin by Patrick Schulte & Nick O'Kelly

Author:Patrick Schulte & Nick O'Kelly [Schulte, Patrick]
Language: eng
Format: azw3
Publisher: Two Old Goats Publishing
Published: 2013-12-03T05:00:00+00:00

Trend Lines

Pattern recognition forms the basis of technical analysis. Trend lines are the building blocks and there are all sorts of trend line inventions out there, but they all have to do with smoothing data to pick out the important patterns.

Trends and patterns are all over the place, and you probably pick them out without even realizing it. Your brain is a powerful pattern-recognition machine!

Aunt Edna

You know how your generous and loving Aunt Edna gives you a sports-related gift every year? One year it's a baseball cap, the next year it’s a vinyl catcher’s mitt, then it’s a football cleaner, then a furry bicycle seat cover. The value of the gift may go up or down a bit every year, but she more or less buys in the same approximate price range and in the same department and same genre year after year.

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