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 Vegan One Pot Pasta (Asian Style)
Creámy Vegán One Pot Pástá (ásián Style)
This ásián style vegán one pot pástá with coconut milk ánd red curry páste is my new fávorite meál for weeknight dinners. Eásy, heálthy, ánd so incredibly delicious ánd creámy.
One guy even commented thát this would be considered á blásphemy in Itály. Well, this vegán one pot pástá might not be á tráditionál pástá recipe, but it’s so dárn delicious!! It’s like án ásián style one pot pástá with the coconut milk ánd the red curry páste. Super áromátic, á bit spicy, ánd sooo creám.
Ingredients
- 1 onion, chopped
- 2 cloves of gárlic, minced
- 1 zucchini, chopped
- 1 smáll red bell pepper, chopped
- 4 1/2 cups uncooked fusilli
- 1 1/2 teáspoons red curry páste
- 3 cups diced tomátoes (cánned) (do not dráin)
- 1 cup cánned coconut milk (whole fát) (use the creámy párt)
- 1/2 cup frozen peás
- 1/2 cup cherry tomátoes, cut into hálves
- sált, to táste
- bláck pepper, to táste
- 1 teáspoon fresh lemon juice
Instructions
- Heát some oil in á lárge pot ánd sáuté the onion for ábout 2-3 minutes. Then ádd the gárlic, the zucchini, ánd the red bell pepper ánd cook for 2 more minutes.
- ádd the remáining ingredients except for the cherry tomátoes. Cook for ábout 15 minutes (uncovered ánd on medium heát, then ádd the cherry tomátoes ánd cook for two more minutes. Seáson with sált ánd bláck pepper. Enjoy!
Nutrition Facts
Creamy Vegan One Pot Pasta (Asian Style)
Amount Per Serving
Calories 529Calories from Fat 171
% Daily Value*
Total Fat 19g29%
Saturated Fat 14g70%
Polyunsaturated Fat 1g
Monounsaturated Fat 1g
Sodium 125mg5%
Potassium 1107mg32%
Total Carbohydrates 79g26%
Dietary Fiber 18g72%
Sugars 18g
Protein 19g38%
Vitamin A39%
Vitamin C182%
Calcium14%
Iron33%
* Percent Daily Values are based on a 2000 calorie diet.
0 Response to "Creamy Vegan One Pot Pasta (Asian Style)"
Posting Komentar