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!

Thai Grilled Chicken


Are you looking for the classic food from Thai? The grilled chicken from Thai that sell out as a street food has a delicious taste. It made up from lots of flavors that grilled out over high heat. You will never regret the taste, because this is one of the most favorite Asian food. The super tender chicken is waiting for you all. For the information, this dish contains 438 calories per serving and 58 grams protein. Do you interested in trying? Read this article until the end and find the special recipe that provided for you.





How to Make Thai Grilled Chicken (Gai Yang)
The main key to making Thai grilled chicken is the marinating process. It’s good if you are marinating the chicken overnight in maximum and 3 hours for the minimum. The longer of marinating process it can produce more delicious chicken. Might be you not believe this food only takes 16 minutes in cooking. With such a short time, the super tasty meal will serve at your table. Complete the ingredients and follow the directions below.

Ingredients:

·         1 kg of fillets chicken thigh (no skin and no bone)
·         One large size of lemongrass stalk, chopped finely for the white part
·         Six cloves of garlic, minced finely
·         Two tsp of red chili, chop it
·         1 tbsp of lime juice
·         3 tbsp of fish sauce
·         2 tbsp of Chinese/Japanese cooking wine, sake it
·         3 tbsp of brown sugar
·         2 tbsp of honey
·         One tsp of sesame oil
·         ½ tbsp of black pepper
·         The slices of lime
·         Small red chili, sliced finely
·         Cilantro, chopped

Directions:

1.      To marinating process. Take a large plastic bag and adding the lemongrass stalk, garlic, lime juice, red chili, fish sauce, wine, sesame oil, brown sugar honey and black pepper to taste. Combine them well and add the chicken that already cleans up into a bag. Ensure that all sides of chicken are basting. Then press the ziplock and store in humid place overnight or 3 hours.

2.   Takes the chickens from ziplock and put on a baking sheet. Prepare the outdoor grill (charcoal or gas) and heat over the medium to high heat. Grill the chicken for about 3 minutes with flip out them frequently until getting the golden browned. Doing until all chickens completed. Remove and place on a plate. Let it take a rest for a few minutes and adding the slices of lime, sprinkle the sliced of red chili and cilantro.

The perfect Thai Grilled Chicken (Gai Yang) is ready to enjoy. You can add a black pepper or red chili if you desired more spicy chicken, but if you won’t, you can reduce it.
Source; klik here



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