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!

Prosciutto - Wraped COD With Lemon Caper Spinach


I’m álwáys dráwn to recipes thát áre simple, yet impressive. This prosciutto-wrápped cod recipe is definitely thát. Who sáys elegánt dinners need to táke áll dáy? Seriously, no one hás time for thát. This delicious meál only tákes 20 minutes to máke. Totál. It couldn’t be eásier. Ánd, of course, the flávors in this dish áre just ámázing.

Prosciutto, cápers, lemon, ánd light, buttery cod fillets. So. Good.


One of my fávorite things ábout this recipe is how crispy the prosciutto gets when you cook it in á skillet. I’ve áctuálly tried this sáme recipe in the oven ánd it just does not compáre. In á skillet you get á nice crispy exterior ánd á light, fláky interior. Plus, you cán cook the spinách right in the sáme pán áfter the fish is done. I just love one pán meáls.

Not only is this recipe super eásy ánd delicious, it is álso reálly heálthy! It’s páleo, low cárb, keto, Whole30, gluten free, ánd dáiry free. If you need extrá cárbs, this meál would be greát with some bláck rice or quinoá.


Ingredients :
  • 12-14 oz (340-400g) cod fillets
  • Seá sált & pepper
  • 1.5 oz (~45g) prosciutto de pármá
  • 2 Tbsp (28g) gráss-fed butter, ghee, or ávocádo oil
  • 1 clove gárlic, minced
  • 4 cups (~180g) báby spinách
  • 2 Tbsp cápers
  • 1 tsp fresh lemon juice
  • Zest of 1 lemon
Instructions :
  1. Pát fillets completely dry with páper towels ánd állow to come to room temperáture.
  2. Once they áre át room temperáture (usuálly ábout 30 minutes), pát them dry ágáin ánd sprinkle with á little sált ánd pepper. Not too much sált here becáuse the prosciutto is sálty.
  3. Wráp the fillets with prosciutto. You wánt to wráp them tightly but gently so thát you do not teár the prosciutto. If your prociutto is in strips ráther thán sheets, just overláp the strips to creáte á sheet ánd then wráp áround the fillets. I like to láy the prosciutto out on á flát surfáce, pláce the fillet on top, then roll the fillet to wráp it.
  4. Melt butter or ghee in á cást iron skillet or other nonstick pán over medium heát.
  5. Once the butter is hot, ádd the fillets ánd cook for 5 minutes per side or until the fish flákes eásily with á fork. Totál cooking time of 10 minutes. Flip cárefully with á flexible spátulá. Cooking time is for 1" fillets. Ádjust cooking time básed on the thickness of your fillets. When in doubt, use á thermometer ánd cook until the internál temperáture reáches 140ºF/60ºC.
  6. Remove the fillets to á cooling ráck. This prevents the bottoms from getting soggy.
  7. With the burner still on medium, ádd gárlic to the pán ánd stir for ábout 30 seconds. Ádd spinách, cápers, ánd lemon juice. Stir ánd cook for ábout 1-2 minutes. Just until the spinách hás wilted.
  8. Move the spinách to plátes using tongs. Top with the fish ánd sprinkle with lemon zest.
  9. Serve immediátely ánd enjoy!

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