Which of the following is not a characteristic of a normal distribution? Choose the best possible answer.

• A.It extends infinitely in both directions
• B.It is symmetric about the mean
• C.The mean, median, and mode are all located at the trough
• D.It is bell-shaped, with its peak at the center

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Which of the following is one of the disadvantages of computerized trading systems?

• A.Profit trades are exited too early
• B.Trading decisions are less consistent
• C.Most computerized systems are unprofitable in non-trending markets
• D.Computerized systems miss many market trends

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Which of the following would be a valid trading interpretation of head and shoulder chart patterns?

• A.Buy when the head forms a higher high
• B.Buy on the first rally after the neckline is penetrated
• C.Buy when the right part of the head is forming
• D.Sell when the right shoulder penetrates the neckline

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Which is NOT true of the three advancing white soldiers' pattern?

• A.Each candle should have a long upper shadow
• B.It is a gradual and steady rise
• C.It is composed of three white candles with successively higher closes
• D.Each real body opens within or near the prior session's real body

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A trend based trading system where signals occur when the current price reaches a new high or low:

• A.Swing breakout
• B.N-day breakout
• C.Simple moving average
• D.Point and figure

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