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 Parmesan Garlic Roasted Potatoes Recipe (Clean Eating, Gluten-Free)

These parmesan garlic roasted potatoes are an excellent side dish to serve with holiday meals, but so easy to make you can whip them up any weeknight. They’re an excellent pairing with almost any main dish or entree, and they’re packed with delicious flavors almost everyone enjoys. They’re a new favorite at my house. Everyone loved them and went for seconds, even my picky eater.

The lemon and parsley are very fresh and bright flavors that balance well with the savoriness of the Parmesan and garlic. The mellow roasted potatoes bring all the flavors together perfectly. When they’re done I like to sprinkle them with some extra parsley leaves before I serve. They bring fresh flavor back to the potatoes after they roast and set off their beautiful golden brown color. 

Red potatoes are one of my favorites for roasting. They stay soft and fluffy on the inside, and the cut side crisps up nicely. Using both olive oil and butter to coat them helps them get that deep golden brown.

The lemon flavor is strong when they’re fresh out of the oven, but gets less intense as the parmesan garlic roasted potatoes sit. If you make them ahead of time or have leftovers you’d like to reheat, squeeze a little fresh lemon juice over them and toss before serving.

I love easy side dishes like these parmesan garlic roasted potatoes because honestly, putting on a big holiday meal can be stressful. These are very simple to make, and when you’re done you have a gorgeous, delicious side dish that looks and tastes impressive.

These garlic roasted potatoes have a slight hint of lemon, herbs and Parmesan cheese. Plus, they are crispy on the outside and tender on the inside. Perfection!

Ingredients
  • 3 lb red potatoes washed and halved
  • 2 Tbl olive oil
  • 2 Tbl butter melted
  • 1 tsp Real Salt
  • 1/2 tsp rosemary
  • 1/4 tsp dried basil
  • 1/4 tsp paprika
  • 1/8 tsp black pepper
  • 4 large cloves garlic minced
  • juice and zest of 1/2 lemon
  • 1/2 Cup good quality Parmesan cheese
  • 1/2 Cup packed fresh Italian parsley leaves and stems chopped fine
  • about 1/3 Cup extra parsley leaves to finish

Instructions
  1. Heat the oven to 375 F. Have a large baking sheet ready.
  2. Place the halved potatoes in a large bowl.
  3. Toss the potatoes with the olive oil, butter, salt, rosemary, basil, paprika, black pepper, garlic, lemon juice and zest, Parmesan and 1/2 c parsley.
  4. Spray the baking sheet with nonstick or brush it with oil and arrange the potatoes on it cut-side down.
  5. Bake for 15 minutes, then stir the potatoes. Return them to the oven and bake for another 10-15 minutes, or until the potatoes are fork-tender and the cut-sides are golden brown.
  6. Toss with the extra parsley leaves and season with salt and pepper to taste before serving.

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