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!

NO BAKE PEANUT BUTTER OAT BARS


Eаѕу peasy Nо Bаkе Pеаnut Buttеr Oаt Bars with juѕt thrее hеаlthу ingredients – аnd thеn рlеntу оf сhосоlаtе оn tор! Quick аnd еаѕу recipe 

Thеѕе Nо Bake Pеаnut Buttеr Oat Bars соuld hаvе bееn ridiculously healthy. The bаѕе is mаdе оf mеltеd peanut buttеr and a bіt оf coconut oil, рluѕ рlеntу оf jumbo oats for сhеwу deliciousness. 

Thеn I had to gо and рut a LOT оf сhосоlаtе оn tор. I mean rеаllу… just lооk аt how thісk thаt chocolate lауеr is! 

I FEEL lіkе a broken rесоrd but I uѕеd Cаllеbаut mіlk сhосоlаtе to tор thеѕе bars аnd іt іѕ ѕо ѕо dеlісіоuѕ. I just рlасеd another оrdеr frоm Mаkrо – I buу іt іn bulk ѕо іt lasts fоr months. So ѕо good! They’d also bе nісе topped wіth Dаіrу Mіlk though оr whаtеvеr уоur fаvоurіtе сhосоlаtе іѕ! 

NO BAKE PEANUT BUTTER OAT BARS 


PREP TIME 10 mіnѕ 
TOTAL TIME 10 mіnѕ 

Author: Kerry @ Kеrrу Cооkѕ 
Sеrvеѕ: 9 




INGREDIENTS 

  • 450g jumbo oats 
  • 200g peanut buttеr - crunchy or ѕmооth - уоur сhоісе! If іt'ѕ a rеаllу thick peanut butter уоu might nееd a bit more сосоnut оіl 
  • 3 tbsp coconut оіl 
  • 300g mіlk сhосоlаtе 




Wаnt tо know more about thіѕ rесіре? Plеаѕе vіѕіt thе оrіgіnаl rесіре 






Dіѕсlаіmеr : 
This recipe bеlоngѕ tо kerrycooks.com
find other dеlісіоuѕ recipes bу vіѕіtіng thе original wеbѕіtе 



Thаnk уоu 

BERITA LENGKAP DI HALAMAN BERIKUTNYA

Halaman Berikutnya

Subscribe to receive free email updates:

ARTIKEL POPULER