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!

Best Beef Rendang Recipe

This rendang cuisine has been named as the dish that ranks first on the World's 50 Most Delicious Foods list (CNN International's World's 50 Most Delicious Foods), precisely in 2011.!!


Rendang is a meat dish with spicy flavor that is processed using a mixture of various herbs and spices. To produce meat rendang, it takes cooking process by heating repeatedly using coconut milk. It takes hours (approximately 4 hours) to complete the cooking process, that is, until the meat and Best Beef Rendang Recipebecome dry and dark black. Rendang cuisine can last for weeks (at room temperature)

Best Beef Rendang Recipe

The main ingredient :

  • 2 liters of coconut milk (produced from 2 old coconuts)
  • 1.5 kg of meat
Ingredients :

  • 2 turmeric leaves,
  • 4 lime leaves
  • 2 cm candic acid
  • 2 stems of lemongrass leaves,
Softened seasoning :
  • 12 onion grains
  • 2 cm ginger, burn
  • 1 teaspoon cumin, roast
  • 1/2 tsp nutmeg
  • Taste enough taste
  • 100 g of big red chili
  • 3 cm of turmeric, grilled
  • 1/2 tbsp coriander
  • 2 tsp salt
  • 6 garlic cloves
  • 5 candlenut
  • 100 g of curly red chili
  • 2 cm galangal
Instructions : 
  1. First process the meat that has been prepared: cut into pieces of rendang in the form of boxes (dice) or according to the size you want.
  2. It is better not to cut the meat too small, so that when the meat is cooked, it does not make the meat break.
  3. Prepare a large skillet. Pour coconut milk into it.
  4. Also add lemongrass, sliced ​​shallots, tamarind and turmeric leaves.
  5. Stir the spices until they are really boiling, make sure that the coconut milk that is being cooked doesn't break.
  6. During this process you should stir the coconut milk slowly and until it is completely boiling and evenly distributed.
  7. If the coconut milk has boiled, put the mashed powder into it slowly and stirring occasionally. Do it for 20-30 minutes.
  8. When the coconut milk looks oily, put the pieces of rendang meat that have been cleaned.
  9. Adjust the flame of the stove using small or medium fire, then cook until the coconut milk thickens and dries and also the spices soak into the pores of the meat.
  10. Continue cooking until the meat is tender and evenly cooked, patient and diligent to stir slowly and continuously so that the bottom does not become burnt and the meat is cooked perfectly.

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