It's possible to trade profitably on the Forex, the nearly $2 trillion worldwide currency exchange market. But the odds are against you, even more so if you don't prepare and plan your trades. According to a 2014 Bloomberg report, several analyses of retail Forex trading, including one by the National Futures Association (NFA), the industry's regulatory body, concluded that more than two out of three Forex traders lose money. This suggests that self-education and caution are recommended. Here are some approaches that may improve your odds of taking a profit. Prepare Before You Begin Trading Because the Forex market is highly leveraged -- as much as 50 to 1 -- it can have the same appeal as buying a lottery ticket: some small chance of making a killing. This, however, isn't trading; it's gambling, with the odds long against you. A better way of entering the Forex market is to carefully prepare. Beginning with a practice account is helpful and risk-free. While you're trading in your practice account, read the most frequently recommended Forex trading books, among them Currency Forecasting: A Guide to Fundamental and Technical Models of Exchange Rate Determination, by Michael R. Rosenberg is short, not too sweet and highly admired introduction to the Forex market. Forex Strategies: Best Forex Strategies for High Profits and Reduced Risk, by Matthew Maybury is an excellent introduction to Forex trading. The Little Book of Currency Trading: How to Make Big Profits in the World of Forex, by Kathy Lien is another concise introduction that has stood the test of time. All three are available on Amazon. Rosenberg's book, unfortunately, is pricey, but it's widely available in public libraries. "Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude," by Mark Douglas is another good book that's available on Amazon, and, again, somewhat pricey, although the Kindle edition is not. Use the information gained from your reading to plan your trades before plunging in. The more you change your plan, the more you end up in trouble and the less likely that elusive forex profit will end up in your pocket. Diversify and Limit Your Risks Two strategies that belong in every trader's arsenal are: Diversification: Traders who execute many small traders, particularly in different markets where the correlation between markets is low, have a better chance of making a profit. Putting all your money in one big trade is always a bad idea. Familiarize yourself with ways guaranteeing a profit on an already profitable order, such as a trailing stop, and of limiting losses using stop and limit orders. These strategies and more are covered in the recommended books. Novice traders often make the mistake of concentrating on how to win; it's even more important to understand how to limit your losses. Be Patient Forex traders, particularly beginners, are prone to getting nervous if a trade does not go their way immediately, or if the trade goes into a little profit they get itchy to pull the plug and walk away with a small profit that could have been a significant profit with little downside risk using appropriate risk reduction strategies. In "On Any Given Sunday," Al Pacino reminds us that "football is a game of inches." That's a winning attitude in the Forex market as well. Remember that you are going to win some trades and lose others. Take satisfaction in the accumulation of a few more wins than losses. Over time, that could make you rich!

Creamy Pasta with Shrimps and Zucchini

Creamy and rich. Fresh and delicate. 
This one-dish pasta dinner is made with shrimps, zucchini, saffron, heavy cream and fresh Italian parsley.
Simple ingredients to make a very special weeknight dinner.

No need to wait for a special occasion to try this pasta with shrimps and zucchinis.
You should make your family dinner remarkable and unique every night. And you can do that when you have a recipe like this one: easy to follow and quick to make. 
This pasta features few simple ingredients into a super creamy and rich dish. The buttery and sweet flavor of the shrimps perfectly combines with the delicate taste of the zucchini. All mixed together with velvety heavy cream, a dash of lavish saffron, and a sprinkle of fresh Italian parsley. Delicious! 
Here is the recipe for you.

Ingredients: serving 4
  • 1 lb of uncooked, cleaned whole shrimps
  • 2 zucchinis
  • 3 tablespoons of olive oil
  • 1 garlic clove, minced or crushed
  • a pinch of saffron threads
  • 1/2 cup of heavy cream
  • 1 tablespoon of chopped fresh Italian parsley
  • 12 oz of cellentani pasta, or other short like penne, rigatoni or fusilli
Preparation time: 25 minutes

Step 1: Clean the shrimps and cut about half in pieces and leave the rest uncut. Cut the zucchini in thin slices. In a large skillet, over medium-high heat, saute' the garlic (minced or crushed) with the olive oil. After one minute add the shrimps and the zucchini. Salt to taste, and saute' for about 5 minutes, stirring constantly.

Step 2: Bring a large pot of salted water to a boil. Cook the pasta according to the directions on the package.
Stir in the saffron and the heavy cream. Simmer over medium-low heat until the zucchini are ready, as soft or as crunchy as you like them. Turn off the heat if ready before the spaghetti, add some cream if the sauce dries up too much. Adjust with salt if necessary.

Step 3: Drain the pasta and add it to the skillet, toss quickly mixing well with the sauce. Sprinkle with the parsley and serve immediately.
Buon appetito!


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