Tim Racette is a young trader who has achieved success finding trading opportunities in 52-week highs and lows combined with pullbacks to support and resistance levels.  Here we also discuss how he finds entry points, sets stops and calculates his risk on each trade.  Tim then talks about why he feels trading is 80% mindset and 20% systems.  Finally, we discuss the broker and software he uses and why he doesn't do research doing market hours.

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Tim Bourquin is the co-Founder of the Online Trading Expo and the Forex Trading Expo, and CEO of TNC New Media, a tradeshow and online media company.  Register to attend the largest convention for foreign currency traders, the Forex Trading Expo, by clicking here.