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!

Lemon Garlic Herb-Crusted Baked Whole 30 Salmon Recipe [KETO]

This is the best Clean Eating Easy Baked Salmon Recipe with a Lemon Garlic Herb Crust. It is so easy to make and I think the lemon gives it a truly wonderful flavor. Check out the ingredient list for this Easy Baked Salmon Recipe. Look how short it is. Eight simple ingredients. If you don’t count herbs, there is only three ingredients.


Trust me. If you show this to your family or guests, they will be impressed. They might start looking for the take-out containers. But you will know how easy and fast this Easy Baked Salmon Recipe really is.

Lemon Garlic Herb-Crusted Baked Whole 30 Salmon Recipe [KETO]
I love this fish because it is super easy to prepare (5 minutes or less) and is fresh and colorful. This recipe would also be great using other types of fish, such as tilapia or halibut.



INGREDIENTS

  • 3 oz Organic Butter
  • 1 tsp Coarse Real Salt
  • Zest of 1 Lemon
  • 1 Tbl Fresh Parsley (chopped)
  • 1 tsp Fresh Dill (chopped)
  • 1 Clove Garlic (minced)
  • Dash of White Pepper
  • 4 4-5 oz Salmon Fillets

INSTRUCTIONS

  1. Place all ingredients except for salmon in a small bowl and melt in the microwave for 30-45 seconds.
  2. Stir until combined.
  3. Place the salmon fillets on a parchment lined baking sheet.
  4. Using a pastry brush, coat the salmon with the lemon herb butter, evenly spreading it over the tops of each fillet.
  5. Bake in an oven preheated to 400 degrees on the top or second to top rack for 10-12 minutes, or until salmon is cooked through and flakes easily with a fork.
  6. Alternately, the fish can be broiled on medium/high on the second to top rack for 8-10 minutes, or until cooked through. This method will give you a bit more crunchy, caramelized crust.

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