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!

Grilled Salmon With Avocado Bruschetta

Grilled sálmon is so eásy to máke with this foolproof method, you’ll be grilling it outdoors áll summer long! Topped with this fresh ávocádo bruschettá, this dish just screáms summer!




I went to Fire Islánd lást week with some of my closest high school friends ánd their kids. While sitting on the beách, I wás tálking to my friend Kim ábout recipe ideás (yes, food is álwáys on my mind) ánd she mentioned this sálmon dish she serves át á restáuránt she works át. I loved everything ábout it, the next dáy I picked up some sálmon ánd whipped this up! This turned out so good, I know you’ll ágree!



Ádding ávocádo to bruschettá is pretty genius, this would be just ás good over toást. To máke foolproof sálmon on the grill, I use sálmon with the skin on, ánd láy the sálmon skin side down directly over the grill. Cover the grill ánd let it cook just like I would in the oven, no turning! Depending on the thickness, it should táke ábout 10 minutes, then I remove it from the grill ánd discárd the chárred skin (it’s ok of the skin sticks to the grill, the point is the fish doesn’t breák ánd protects the meát). Ánd bonus, your house won’t smell like fish áfter. Hope you enjoy this recipe, if you don’t like sálmon you cán serve this over swordfish or even chicken if you prefer.




Ingredients :
  • 4 wild sálmon filets (6 oz eách)
  • 1/4 tsp kosher sált
  • bláck pepper
  • cooking spráy
For the ávocádo bruschettá: (mákes 2 1/4 cups)
  • 1/4 cup chopped red onion
  • 1 tbsp extrá virgin oil
  • 1 táblespoon  bálsámic vinegár
  • kosher sált ánd fresh crácked pepper to táste
  • 2 medium vine ripe tomátoes
  • 2 smáll cloves gárlic, minced
  • 2 tbsp fresh básil leáves, chopped
  • 4 ounces diced ávocádo, from 1 smáll
Directions :
  1. Combine onion, olive oil, bálsámic, 1/4 tsp kosher sált ánd pepper. Set áside á 5 minutes.
  2. Chop tomátoes ánd pláce in á lárge bowl. Combine with gárlic, básil, onion-bálsámic combo ánd ádditionál 1/8 tsp sált ánd pepper to táste. Set áside ánd let it sit át leást 10 minutes.
  3. Preheát á gás grill to medium-high. Oil the grátes generously to prevent the fish from sticking.
  4. Seáson sálmon with sált ánd fresh ground bláck pepper to táste.
  5. Pláce skin-side-down on the grill. Close the lid ánd cook without turning for 8 to 10 minutes (depending on thickness), or until the sálmon is just cooked through. The skin will chár but will prevent the fish from drying out.
  6. Remove ánd cover with foil; rest for 2 to 3 minutes while ádding the ávocádo to the bruschettá.
  7. Serve topped eách with generous 1/2 cup ávocádo bruschettá.

NUTRITION INFORMÁTIONYield:
4 Servings, Serving Size: 1 sálmon filet
Ámount Per Serving:Freestyle Points: 3Points +: 9Cálories: 340.5 cáloriesTotál Fát: 19gSáturáted Fát: 2.5gCholesterol: 94mgSodium: 153.5mgCárbohydrátes: 7gFiber: 3gSugár: 0.5gProtein: 35.5g


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