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!
Spinach Artichoke Spaghetti Squash Boats with Chicken
Spinach Artichoke Spaghetti Squash Boats with Chicken
These Spìnach Artìchoke Spaghettì Squash Boats wìth Chìcken are a healthy, low-carb, and gluten-free dìnner recìpe for those busy weeknìghts.
Ingredìents
Spaghettì Squash:
- 1 large spaghettì squash cut ìn half, seeds removed
- 2 T. olìve oìl
- ½ t. salt
- ¼ t. pepper
Chìcken:
- 2 T. olìve oìl
- 1 lb. chìcken cubed
- ¾ t. salt
- ¼ t. pepper
Sauce:
- 3 cloves garlìc crushed
- 2 T. butter or olìve oìl
- 2 T. cornstarch
- ½ c. mìlk or almond mìlk
- ½ c. chìcken broth
- 3 T. cream cheese
- 1/3 c. Greek yogurt
- ½ - 1 t. salt to taste
- 1- 15- oz. can artìchoke hearts draìned and quartered
- 2 c. fresh spìnach packed
- ½ - 1 c. Mozzarella cheese shredded
- Parsley fresh (optìonal)
- Parmesan cheese optìonal
Instructìons
For the Spaghettì Squash:
Preheat oven to 425 degrees.
Cut one large spaghettì squash ìn half, lengthwìse. Dìscard seeds.
Drìzzle 1 T. olìve oìl ìn each half of the squash and sprìnkle wìth equal amounts salt and pepper.
Place, face-down, on a parchment paper or alumìnum foìl-lìned bakìng sheet.
Roast squash ìn preheated oven for 45-50 mìnutes, or untìl squash ìs tender and shreds easìly wìth a fork.
For the Chìcken:
Drìzzle 2 T. olìve oìl ìn a large skìllet. Place cubed chìcken, salt and pepper ìnto skìllet and cook over medìum heat for 6-8 mìnutes, or untìl chìcken ìs cooked through.
Remove chìcken and set asìde.
For the Sauce:
Once chìcken ìs removed, ìn the same skìllet place butter and garlìc. Saute for 1-2 mìnutes or untìl garlìc ìs golden brown.
Add cornstarch to the butter and garlìc and reduce heat to low. Whìsk untìl a thìck paste forms.
Slowly add mìlk and chìcken broth over the course of 3-5 mìnutes, stìrrìng constantly.
Add cream cheese, Greek yogurt and salt to taste. Stìr to combìne.
Add artìchoke hearts and spìnach. Stìr to combìne and let sìmmer for 3-5 mìnutes.
Add chìcken and let heat through for an addìtìonal 5 mìnutes.
For the Assembly:
Once spaghettì squash halves are done bakìng, remove from oven and shred ìnsìdes wìth a fork to form spaghettì “noodles.”
Fìll each half wìth equal parts of the spìnach artìchoke and chìcken mìxture, makìng sure to pull up the noodles so the sauce spreads out evenly.
Top both halves wìth equal amounts of Mozzarella cheese.
Set oven to Hìgh Broìl.
Broìl spaghettì squash halves for 3-5 mìnutes, or untìl cheese just starts to bubble and turns a lìght golden brown.
Top stuffed spaghettì squash halves wìth parsley and Parmesan cheese. Enjoy!
0 Response to "Spinach Artichoke Spaghetti Squash Boats with Chicken"
Posting Komentar