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!

Low Carb French Beignets Keto Recipe

Low Carb French Beignets Keto Recipe
Low Carb French Beignets Keto Recipe
Prep Time 1 hr
Cook Time 10 mins
Total Time 1 hr 10 mins
Are you on a low carbohydrate diet and looking for a ketogenic diet recipes? Then try our Low Carb Keto Recipe, A very Simple Low Carb French Beignets Keto Recipe
Course: Breakfast, Breakfest
Cuisine: French
Keyword: Low Carb French Beignets Keto Recipe
Calories: 305 kcal
1 cup water
1/2 cup butter unsalted
1 tablespoon Pyure Organic All-Purpose Blend Stevia Sweetener (plus 1 teaspoon)
1/2 teaspoon fine sea salt
1 teaspoon Orange Peel Zest
1 cup almond flour
1 teaspoon xanthan gum
5 large eggs
1 teaspoon vanilla extract
safflower oil , for frying
Swerve Sweetener, Confectioners
Place water and butter in a sauce pot over medium high heat.
Stir until butter is melted and everything comes to a boil.
Reduce heat to medium.
Add flour,Pyure Organic All-Purpose Blend Stevia Sweetener, salt into the mixture all at once while stirring quickly.
Continue to stir until mixture turns into a ball.
Remove from heat Place dough into a mixing bowl, blend in eggs one at a time, until mixture is smooth and whites are well incorporated
With the mixer on medium-low speed, Add the Orange Peel Zest, xanthan gum, and vanilla extract.
Chill the batter in the refrigerator for at least an hour and up to overnight.
Heat at least 2 inches of oil in a pan over medium-high.
Drop batter mixture by rounded tablespoonful into hot oil and cook 5-7 minutes, frequently turning beignets with chopsticks to cook all sides, and frying until nicely golden.
Drain on paper towels.
Cool, then Sprinkle with Swerve Sweetener, Confectioners and serve immediately.
Recipe Notes
***Recipe has been updated as of 06/19/2018 1:08pm EST.


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