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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!

BAKED SHRIMP STUFFED AVOCADOS

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Avocados are stuffed with a creamy shrimp filling and sprinkled with cheese before being baked for a warm, melted cheese finish. These baked shrimp stuffed avocados are ready in less than 30 minutes.


This recipe couldn’t be easier. But it tastes much more complex than it actually is. With a few seasonings and herbs, the shrimp filling tastes like a flavor-packed seafood stuffing. The avocado goes very well with the stuffing and contributes to its creaminess.


After whipping up the filling and stuffing the avocados, I sprinkled them with cheese and baked them for a few minutes so that everything would be warm and the cheese was melted.


But I try to left a few unbaked and without cheese and you know what? They tasted really great that way as well. Like a shrimp stuffed avocado salad. So really, you can serve these baked or chilled.

BAKED SHRIMP STUFFED AVOCADOS RECIPE
Avocados are stuffed with a creamy shrimp filling and sprinkled with cheese before being baked for a warm, melted cheese finish. These baked shrimp stuffed avocados are ready in less than 30 minutes.



INGREDIENTS:

  •  3 large ripe avocados sliced in half length-wise and pits removed
  •  1/2 lb cooked shrimp roughly chopped into small pieces
  •  2 tbsp light mayonnaise
  •  1/4 cup mashed avocado you can scoop some flesh from the center of your avocado halves
  •  1/4 tsp garlic powder
  •  2 tsp lemon juice
  •  ground black pepper
  •  1/4 cup shredded white cheddar cheese
  •  smoked paprika
  •  1/2 tsp finely chopped parsley

DIRECTIONS:

  1. Preheat oven to 350°F. Line a large baking sheet with foil or parchment paper.
  2. In a medium bowl, add shrimp, mayonnaise, avocado, garlic powder and lemon juice. Mix together until thoroughly combined. Add black pepper to season to taste.
  3. Scoop shrimp stuffing into your avocado halves. Add shredded cheese on top.
  4. Bake for about 8-10 minutes or until cheese is melted and the shrimp filling is warm. Garinish with paprika and parsley before serving.

Nutrition Facts
Baked Shrimp Stuffed Avocados
Amount Per Serving (1 stuffed avocado half)
Calories 197Calories from Fat 141
% Daily Value*
Total Fat 15.7g24%
Saturated Fat 2.9g15%
Trans Fat 0.1g
Polyunsaturated Fat 3.4g
Monounsaturated Fat 7.9g
Cholesterol 67.4mg22%
Sodium 110.6mg5%
Potassium 30mg1%
Total Carbohydrates 6.3g2%
Dietary Fiber 4.7g19%
Sugars 0.3g
Protein 10.1g20%
Vitamin A1%
Vitamin C11%
Calcium7%
Iron4%
* Percent Daily Values are based on a 2000 calorie diet.

The nutrition information provided are only estimates based on an online nutritional calculator. I am not a certified nutritionist. Please consult a professional nutritionist or doctor for accurate information and any dietary restrictions and concerns you may have.

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