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!

Recipe of 'Kabsah Rice with Lamb Chop' From Middle East

Rice kabsah is very popular in Arab countries like Saudi Arabia, Egypt, Iran and others. Usually rice kabsah served with goat meat as the main side dish. Taste typical and rich in spices make this rice kabsah also favored by the people of Indonesia.

Most people who can cultivate this rice kabsah are those who are arabic or have long lived in Arabic like the people who work or study there. But now you do not need to stay in arab in order to master cooking rice this delicious kabsah because we will provide a complete recipe and how to make it. Immediately see the recipe below;


Ingredients :

    
1 kg of Basmati Rice
    
1 kg of Goat Meat (lamb chop, ribs or thighs)
    
200 ml Tomato sauce
    
8 pieces of fresh Green Chilli
    
1 Onion Bombay, finely sliced
    
5 Garlic cloves, finely chopped
    
3 cm Ginger, finely sliced
    
3 Star Anise grains
    
3 grains dried lemon
    
3 pieces of Cinnamon
    
2 ripe Tomatoes, sliced ​​squares
    
1 to taste Maggi blocks
    
3 tbsp Olive Oil
    
3 tbsp Salt
    
2 tablespoons White Cumin Powder
    
1 tbsp cooking oil
    
1 tablespoon turmeric powder
    
1 tbsp Cardamom
    
1 tablespoon Black Pepper Powder
    
1 tbsp Cloves
    
1 tbsp Coriander Powder
    
1 tablespoon Turmeric Powder
    
1 tsp saffron
    
1/2 tsp spice all spice
    
Raisin, to taste
    
Charcoal, to taste
    
Aluminum foil, to taste


 How to make :
- Wash off the raw rice and soak for 30 minutes before cooking 
- Heat olive oir into the pan. Then add onion bombang and garlic that has been finely chopped, sauteed until fragrant. Do it with a small fire.
- Add cumin, turmeric, cilantro, black pepper, cloves, saffron, cinnamon, cardamon, chopped ginger and dried lime and add salt, mix well. After that insert the tomato slices, add a little tomato sauce and maggi block.
- After the smell of fragrant add a little water then enter the meat goat, mix well. After the goat meat changes color add water again (Approximately enough to cook the rice)
- After the meat is soft, put Basmati rice. Enter until aron then lift and steam.
- Prepare luminium foil molded box container then filled with 1 tbsp cooking oil. Heat the charcoal until it burns.
- Make a hole in the middle of steamed or crushed rice and place the aluminum foil with oil and then enter the burning charcoal, cover the pot or steamer again. We will get a good aroma and sprinkle a raisin on it. set green chilli on it
- Remove after cooking and Serve.

The above recipe can be used for 8 portions, suitable not for dinner at home. Let's just you cook it at home so that your husband and sons and daughters can feel at home. Hopefully useful and good luck :)

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