Background
I was playing around with the function $y=x+\frac{1}{x}$ and noticed the following pattern:
$x^2+\frac{1}{x^2}=y^2-2$
$x^3+\frac{1}{x^3}=y^3-3y$
The issue
I am trying to prove $x^n+\frac{1}{x^n}=y^n-n\times y^{n-2}$ for natural numbers $n$.
Showing this is true for $n=1$ is easy, so I decided proof by induction proof may be the way to go.
Showing $n=k+1$ is implied by $n=k$ is giving me trouble and I suspect either my idea is wrong or there is an algebraic trick that I have missed.
Expressing $x^{k+1}+\frac{1}{x^{k+1}}$ in terms of $x^k+\frac{1}{x^k}$ was my first idea which leads to
$(x+\frac{1}{x})(x^k+\frac{1}{x^k})=x^{k+1}+\frac{1}{x^{k+1}}+x^{k-1}+\frac{1}{x^{k-1}}$
but that doesn't seem to be going anywhere.
Any and all ideas are welcome.
Edit (23/May) Thanks for all the comments - the counter-example(s) have verified my suspicions that my formula was wrong. Much appreciated - thanks to all.