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!

Keto Mozzarella Sticks (Ready in Less Than 30 Minutes)


6 Mozzarella String Cheese Sticks
2 Large Eggs
1/2 Cup Almond Flour
1/2 Cup Fresh Parmesan or Romano (Grated)
1 Teaspoon Dried Oregano
1 Teaspoon Granulated Garlic
1/2 Teaspoon Pink Himalayan Salt
1/2 Teaspoon Black Pepper
2 Cups Olive Oil (For Frying)
1/2 Cup Mezzetta Marinara Sauce (For Dipping)


At least 1 hour before planning to cook these Keto Mozzarella Sticks, plan to cut the String Cheese Sticks in half, and place them in the freezer. If you do not freeze them, they will completely melt when you fry them, and will not turn out the way you would hope. You can even freeze them over night if you want to make sure they are frozen solid before you proceed.
In a medium mixing bowl beat two eggs.
In another medium mixing bowl combine 1/2 Cup Almond Flour, 1/2 Cup Parmesan Cheese, 1 Teaspoon Dried Oregano, 1 Teaspoon Granulated Garlic, 1/2 Teaspoon Pink Himalayan Salt, and 1/2 Teaspoon Black Pepper.
Dredge the Cheese in the eggs, then coat in the dry ingredients. Repeat with each cheese stick so that each one is double coated. This helps make sure that there is a nice thick coating on the outside of each one.

In a Large Frying Pan pour in an adequate amount of oil to halfway cover the Cheese Sticks when you fry them. Depending on the size of your frying pan this amount will vary. Optionally you could use a deep fryer too if you have one available. I like the flavor of Olive Oil, but if you use it for frying you just need to be aware that you will not want to raise the oil temperature above 375*F or so to avoid smoking. A good quality Olive Oil should be able to reach these temperatures without issue. If you prefer another type of oil, feel free to use that instead.
Fry the Keto Mozzarella Sticks until Golden Brown all around, and remove from the oil and allow to cool off on a Plate lined with Paper Towels to catch the excess oil that will drain off of them.
Either eat just the way they are, or dip in your favorite dipping sauce such as Mezzetta Marinara Sauce (which is low in carbs and without added sugar)


Halaman Berikutnya

Subscribe to receive free email updates: