Webinar Tuesday 4 PM EST. Topic “Borderlines”

When I trade, I am concerned about risk, risk, risk. If I don’t know my risk, I won’t do the trade. If my risk is too great, I also won’t do the trade. Too much risk leads to too much fear and fear is a trader’s worst enemy.
The way I define risk is by trading near what I call borderlines. Borderlines are price areas where the bias is bullish on one side and bearish on the other. A good borderline is not random, but has a “reason” for being good. It therefore is a reliable level for traders to trade against.
An example of a borderline is a moving average. When the price looks to test a key moving average like the green and blue lines in the chart below.

Tomorrow at 4 PM EST I will conduct a Free webinar on the topic of borderlines. You will need to register. in order to attend. To do so, go to the following link:
https://www1.gotomeeting.com/register/679614265
See you all then.
Greg Michalowski




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