It all started in London with a man called Maurice Kendall who presented a paper to the Royal Statistical Society in 1953.
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The longer the trend line has been in effect and the more times it has been successfully tested the more important the trend line becomes.
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If the value of the security drops sufficiently, the broker will ask you to either put in more cash, or sell a portion of the security.
Trend is the easiest and the most difficult thing to understand.