|  OCT 1989

Developing and using pattern recognition by Tom Johnson and Mark Boucher

Developing and using pattern recognition by Tom Johnson and Mark Boucher Do you find yourself getting drawn into the game of predicting market trends? Are you awash with newsletters, TV programs and news stories about ""gurus"" calling the markets? Such crystal ball gazing is often idolized by the media. But does sorting bulls from bears help your bottom line? Sure, it makes good cocktail party talk, but we need more. We all know profitable investing depends on the whole trading system—selection, entry, exit and money management. How your account does is the real question, not how the market does. With market uncertainties on the rise, let' s focus on making your account a raging bull. To do that, we will present our method of pattern recognition, a technical approach to identifying trading opportunities with the greatest reward-to-risk ratios. Then we will show you a representative price pattern to trade.

by Tom Johnson and Mark Boucher