Better System Trader cover image

187: “How to spot a trading scam” – Kevin Davey

Better System Trader

CHAPTER

How to Draw a Trend Line

Most people who use trend lines, they're discretionary traders. If you go back to the time of entry, how many points was that trend line touching? Well, one really zero or one. It wasn't touching that second one yet. So right there, that's a tip off that this isn't real. And if you notice, it never even hits those prices. The fact is you couldn't have drawn that trend line right then and there because you didn't know that the price was going down.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner