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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!

Low Carb Biscuits and Gravy

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A super easy low carb cheddar biscuit piled high with gluten free sausage gravy...makes a delicious low carb breakfast or a satisfying low carb 30 minute meal!
There is one thing my southern heart cannot give up, and that is biscuits and gravy.  This delicious breakfast dish has been a staple in my life for as long as I can remember.  My Low Carb Biscuits and Gravy uses a cheddar biscuit for maximum flavor and sausage gravy, of course!

I love to have breakfast for dinner since I am not much of a morning breakfast person, ha!

My low carb breakfast sandwich is another quick one that my family loves!  I used pancakes as the bread for that one!

Or you might be in the mood for just pancakes.  You should try my low carb pancakes with lemon.  They are scrumptious!

Back to your regularly scheduled low carb biscuits and gravy.


You will love this low carb cheddar biscuit recipe because it is incredibly easy!  All you have to do is mix all of the ingredients together, scoop it out onto a parchment lined baking sheet, and bake them in the oven!

I scoop mine out with a large cookie scoop and then flattened them out with my fingers so they look like biscuits cut with a biscuit cutter.  You could also use a spoon to drop them on the baking sheet.
These low carb biscuits come out light and fluffy and so full of flavor.  You might want to make a double batch!  For the cheese in these biscuits, I used medium cheddar.  You could use any kind of cheddar such as sharp, white cheddar, or even pepper jack cheese…that would be delicious!
Traditionally, sausage gravy is thickened by sprinkling flour over the sausage after it is cooked.  This creates a roux and when the liquid is poured in and simmered, the gravy thickens.

One product that I have found amazingly versatile and should be in every low carb pantry is Xanthan gum.  This little package will last you forever because you only need to use very little.  To thicken this sausage gravy I only used 1/2 teaspoon.  I bought the package that I have about a year ago and it doesn’t expire until October of 2018!


So for the sausage gravy I first cooked my ground sausage in my skillet until it was cooked through.  I love to use this little tool to break up the meat into smaller pieces as I cook it.

After the sausage was cooked, I added the chicken broth, heavy cream, and sprinkled the xanthan gum on top.  I mixed it all up and then let it simmer until it was thick.

A super easy low carb cheddar biscuit piled high with gluten free sausage gravy...makes a delicious low carb breakfast or a satisfying low carb 30 minute meal!

Ingredients
Low Carb Cheddar Biscuits
  • 1/4 cup Melted butter
  • 4 large Eggs
  • 1/3 cup Coconut flour
  • 1/4 teaspoon Salt
  • 1/4 teaspoon Baking powder
  • 1 cup Shredded cheddar cheese

Low Carb Sausage Gravy
  • 1 pound Ground sausage
  • 1 cup Chicken broth
  • 1 cup Heavy cream
  • 1/2 teaspoon Xanthan gum
  • Salt and pepper to taste

Instructions
  1. Pre-heat ove to 400F.  Line a baking pan with parchment, a silicone baking mat, or spray with cooking spray.  Add all of the biscuit ingredients to a large bowl and stir to combine.  Scoop the batter using a 3 tbsp scoop or spoon out 3 tabelspoons worth of batter for each biscuit.  Place them 2 inches apart on the baking sheet.  Makes 9 biscuits.
  2. Bake in the oven for 15 minutes or until golden brown.  Remove and set aside.
  3. While the biscuits are cooking, make the gravy.  In a large skillet, brown and crumble the sausage over medium-high heat until it is cooked through.  Add the chicken broth, cream, and xanthan gum.  Stir to combine.  Bring to a simmer, reduce the heat to low, and continue to simmer until the gravy is thick.  Season with salt and pepper. Remove from heat.
  4. To serve, cut the biscuits in half and spoon gravy onto biscuits.  Store any leftovers in an airtight container in the refrigerator.

Recipe Notes
For 1/4th of the recipe: 345 calories / 28g fat / 6g carbs / 3.3g fiber / 15.5g protein

Source:jenniferbanz.com

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