Peter would like the word ?twaddle? to be brought back into popular usage. We have been genetically selected to be biased towards giving meaning to false information, ( Accepting twaddle ). This can be very useful for survival and reproduction, but this can badly effect our trading.
As a way of understanding the problem of giving false meaning, synthetic charts have been created. These charts show many interesting familiar patterns, patterns created by chance events without any real meaning.
Why are we so vulnerable to these errors, and how can we tread the path between being too gullible and being too sceptical.