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!

Garlic Bread Pasta

Garlic Bread Pasta
This Garlic Bread Pasta is the most simple, amazing pasta dish I’ve ever made! It’s good warm, cold even right out of the fridge!
I’m talking amazing pasta dish. The pasta dish that makes you say buh-bye to that low carb diet thing, at least for the day.
Boil up your pasta they way you always do and drain it.
In the meantime heat up a few tablespoons of butter in a large skillet until it’s melted. Then keep on going…
Keep cooking the butter while swirling it around the pan so it’s a nice, nutty brown color. Don’t burn it, just get it nice and brown.
Toss in breadcrumbs and seasonings and stir it all together until the breadcrumbs are completely coated in the butter. Turn the pan off and set it aside.
Now you’re going to melt a whole stick of butter – yes, a whole stick, so not skimp here or you’ll regret it – together in the same dish with a few cloves of minced garlic.
Pour the garlicky butter all over you’re cooked pasta and toss it all together with the toasted breadcrumbs.
That’s it – Garlic Bread Pasta finito.
So yes, head out and grab a cop of the The Cookies and Cups Cookbook for all the amazing desserts that are easy to make and totally mind blowing, but don’t forget that my talented friend has got you covered for dinner too:)

Garlic Bread Pasta
Author: Dan
Yield: 6

  • 1 lb. cavatappi pasta
  • 1/2 cup (1 stick) plus 3 tablespoons salted butter
  • 3/4 cup dried breadcrumbs
  • 1 tablespoon dried parsley
  • 1 teaspoon italian seasoning
  • 1/4 teaspoon kosher salt
  • 1/4 teaspoon pepper
  • 3 garlic cloves, minced
  1. Cook the pasta according to the package directions. Drain and transfer to a large bowl.
  2. Meanwhile, in a large skillet, melt 3 tablespoons of the butter over medium heat, continuing to cook the butter until browned and the color of deep amber, constantly swirling the pan so it doesn’t burn.
  3. Reduce the heat to low and add the breadcrumbs, parsley, italian seasoning, salt and pepper.
  4. Stir the breadcrumbs to coat them in the butter and remove from the heat.
  5. In a microwave-safe bowl, melt the remaining 1/2 cup (1 stick) butter and garlic together. This infuses the butter with the garlic.
  6. Add the garlic butter to the bowl of pasta and toss to coat completely.
  7. Then add the buttered breadcrumbs and toss to coat.
  8. Serve hot.


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