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!




AIR FRIED STEAK AND ASPARAGUS BUNDLES


Air Fried Steak and Asparagus Bundles are gluten free, low carb and keto friendly. Asparagus and colorful bell peppers are bundled around marinated flank steak. This flavorful steak dinner is minutes away when made in an air fryer.


close up of 4 steak bundles filled with asparagus and colorful bell peppers.


INGREDIENTS


  • 2 - 2 1/2 pounds Flank steak - cut into 6 pieces
  • kosher salt/black pepper
  • 1/2 cup Tamari sauce
  • 2 cloves garlic - crushed
  • 1 pound asparagus - trimmed
  • 3 bell peppers - seeded and sliced thinly
  • 1/4 cup balsamic vinegar
  • 1/3 cup beef broth
  • 2 tablespoons unsalted butter
  • Olive oil spray


Steak bundles filled with asparagus and bell peppers on brown plate. Cutting board with asparagus and pepper behind. Jar of sauce being poured over steak bundle.

INSTRUCTIONS


  1. Season steaks with salt and pepper.
  2. Place steaks into a large zip top bag. Add: Tamari sauce and garlic. Seal bag.
  3. Massage steaks so that they're completely coated. Transfer to refrigerator and allow to marinade for a minimum of 1 hour up to overnight.
  4. When ready to assemble, remove steaks from marinade and place on a cutting board or sheet. Discard marinade.
  5. Equally divide and then place asparagus and bell peppers into the middle of each piece of steak.
  6. Roll steak around vegetables and secure with tooth picks.
  7. Preheat air fryer.
  8. Working in batches, depending on the size of your air fryer, place bundles into basket of air fryer.
  9. Spray vegetables with olive oil spray.
  10. Cook at 400 degrees for 5 minutes.
  11. Remove steak bundles and allow to rest for 5 minutes prior to serving/slicing.
  12. WHILE steak is resting, into small-medium sauce pan heat: balsamic vinegar, broth and butter over medium heat. Whisk to combine.
  13. Continue cooking until sauce has thickened and reduced by half. Season with salt and pepper.
  14. Pour sauce over steak bundles prior to serving.

Full Recipe at :bellalimento.com






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