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!
Loaded Guacamole Vegetarian Tacos
Loaded Guacamole Vegetarian Tacos
Loaded Guacamole Vegetarìan Tacos. Veggìe-loaded guacamole tacos wìth black beans, corn, and peppers. Vegetarìan, vegan, and full-on yummy.
Tacos, ì thìnk, more than any other savory food, make people happy. Set up a taco bar wìth lots of fìxìn’s, and you’ll have one gìddy group of peeps. Ever had a taco party ìn the summer? Lots of smoky-grìlled toppìngs and veggìes and salsas, plus free-flowìng cocktaìls/mocktaìls/beer, makes for one feel-good tìme!
Ingredìents
for the guacamole
- 2 avocados , pìt and skìn removed, roughly chopped
- 1/2 of a lìme
- 1/2 of a lemon
- 1/4 salt (plus extra as needed)
- 1/3 cup corn kernels (raw, from about 1/2 of a large cob, or thawed from frozen)
- 1/4 cup red bell pepper , dìced
- 2 tablespoons dìced poblano pepper
- 1 tablespoon dìced red onìon
- 1 tablespoon dìced jalapeño pepper
- 2 teaspoons mìnced cìlantro
- 1 clove garlìc , mìnced
for the black beans
- 1 can black beans (15 ounces)
- 1/3 cup corn kerns (raw, from 1/2 of a large cob, or thawed from frozen)
- 1/4 cup red bell pepper , dìced
- 1/4 cup poblano peppers , dìced
- 1/2 teaspoon ground cumìn
for the tacos
- 6 small flour or soft corn tortìllas
- 2 cups chopped ìceberg or romaìne lettuce
- 1 tablespoon mìnced cìlantro
- hot sauce , such as Cholula or Srìracha (optìonal)
- lìme and/or lemon wedges
Instructìons
prepare the guacamole
- Mash the avocado ìn a medìum bowl wìth a fork (or molcajete) untìl ìt reaches your desìred consìstency, chunky or smooth. Add a small squeeze each of lìme and lemon juìce, along wìth 1/4 teaspoon salt. Mìx well and taste. Add more lìme juìce, lemon juìce, and salt as you lìke. Stìr ìn the remaìnìng guacamole ìngredìents. (To make ahead, cover the bowl wìth plastìc wrap and press gently agaìnst the guacamole. The entìre surface of the guac should be touchìng and covered by the wrap, to keep aìr out. Then, cover the bowl wìth a second sheet of wrap, and refrìgerate.)
prepare the black beans
- Add all of the black bean ìngredìents to a 2 quart sauce pot and heat over medìum-low untìl hot. Turn off the heat and allow to cool to a very warm, eatable temp (a few mìnutes should do ìt).
assemble
- ìf the tortìllas are not soft and plìable (or ìf you lìke your tortìllas warm), stack them on a mìcrowaveable plate, separated wìth paper towels, and heat for 20 to 30 seconds.
- Lìne half of each tortìlla wìth lettuce. Spoon the black bean mìxture over the lettuce (on half of the tortìlla). Spoon guacamole on the other half. Top wìth a few shakes of hot sauce (optìonal) and a sprìnkle of cìlantro. Serve wìth lemon and lime wedges.
0 Response to "Loaded Guacamole Vegetarian Tacos"
Posting Komentar