Ron Rascati is a trader who has been profitable for the past three years. We talk about how he uses simple suport and resistance levels and a 50-day moving average to find trading opportunities. We also talk about how much he risks on each trade and about his way of using stops. You'll also learn how to keep a winning trade from becoming a loser by waiting too long to close a position.

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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.