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!

Orange Teriyaki Pork Tenderloin

I often forget to cook with pork but this recipe is so easy and had so much flavor that I won’t be forgetting it any time soon.
It’s a one-skillet recipe that’s ready in 20 minutes and is perfect for busy weeknights.



My daughter loves teriyaki anything and this sauce is lightly flavored with orange juice and orange zest. Citrus fruits like orange or lemon add so much flavor and really jazz things up.
The citrus acids in the orange juice also help to tenderize the pork and keep it juicy and moist.
The soy sauce and sesame oil make you feel like you just recreated an awesome Asian dish at home.
Plus this dish is healthy with only about 247 calories and 25 grams of protein per serving.


INGREDIENTS:

·         2 tablespoons sesame oil, divided
·         1/4 cup low-sodium soy sauce
·         1 teaspoon orange zest
·         1/4 cup orange juice
·         2 tablespoons rice wine vinegar
·         2 teaspoons granulated sugar
·         1 teaspoon light brown sugar, packed
·         1/4 teaspoon ground ginger (1/2 teaspoon grated peeled fresh ginger may be substituted)
·         2 garlic cloves, pressed or finely minced
·         about 1 to 1.25 pounds boneless pork tenderloin, thinly sliced and cut crosswise into about 12 equal slices
·         salt and pepper, to taste
·         1 tablespoon sesame seeds, toasted if desired
·         about 4 green onions, trimmed and cut diagonally on the bias into 1/4-inch pieces
·         orange slices, optional for garnshing

DIRECTIONS:

1.      To a medium bowl, add 1 tablespoon oil, soy sauce, orange zest, orange juice, rice wine vinegar, sugars, ginger, garlic, and whisk to combine; set aside.
2.      To a large skillet, add the remaining 1 tablespoon oil, pork slices, season with salt and pepper to taste, and cook over medium-high heat for about 2 to 3 minutes on each side or until done. Cook in batches if your skillet won’t hold all the pork at once, adding additional oil if necessary. Remove cooked pork from skillet; set aside.
3.      Add the sauce mixture to the skillet and bring to a boil over medium heat. Cook for about 3 to 5 minutes or until mixture has reduced some.
4.      Return pork to skillet and turn to coat with sauce on all sides.
5.      Evenly sprinkle with sesame seeds, green onions, optional orange slices, and serve immediately. Pork is best warm and fresh but will keep airtight in the fridge for up to 5 days.



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