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!

Pan Fried Beef Tacos

Pan Fried Beef Tacos
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Once you try these Pan Fried Beef Tacos you might never make them the same way again!
Pan fry a taco? For what reason? Well, I asked the same thing when Christie asked me if I wanted to try out something different for taco night.
It seemed to me that it was just like a quesadilla if you make them this way – but I was proven wrong.
It’s not.
When we make quesadillas it’s definitely mostly cheese. We’ve made Chicken Enchilada Quesadillas or Sausage and Peppers Quesadillas, but it’s all about the cheese.
But for these Pan Fried Beef Tacos, the starring role goes to the beef.
So it’s basically the tastiest beef taco with a crispy shell. And the best part about making a pan fried taco?
They don’t fall apart when you eat them.
That for me is a win win. I swear when the boys eat tacos half of what they are eating ends up on the plate and not in their mouths.
Not with these tacos, just pick up and eat. Everything stays in place.
The beef filling comes together really easily, just brown the beef, add some diced tomatoes and mild green chilies and a few seasonings.
Get the filling into a bowl and carefully wipe out the skillet with a few paper towels – this is the same pan you’ll be using to make your tacos.
Lay a tortilla down in the pan and add some of the beef filling to one side of the tortilla, then top that with some cheese.
Cook the taco open for a minute so that the “top” side of the tortilla browns a bit, then fold the tortilla in half and press down with a spatula.
Cook for a couple minutes and then flip the taco over to make sure the other side gets browned and crispy.
You can take this recipe and mix it up too, use chicken or ground pork or even shrimp. You can bust out whatever filling your family will love, make different fillings and have a taco party! You can even try making tacos for dessert like these Chocolate Tacos or a Banana Split Taco…now that’s a party.
Serve these up to your friends and family on taco night and see how much they love them!


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