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!
SHRIMP SCAMPI PIZZA
Next to bacon cheeseburgers, pizza is my favorite food group! I could eat pizza every single day of the year and never get tired of it. There are so many different toppings and combinations that keep pizza from getting dull or boring. This Shrimp Scampi Pizza is the perfect example of unexpected toppings taking the ordinary to extraordinary…..
This is yet another one of those recipes that has been popping in and out of my head for more than a year. Since today is National Pizza Day, I just had to finally make this creation happen!!
Shrimp Scampi Pizza topped with a light garlic-lemon sauce, shrimp, and cheeses.
Ingredients
- 2 Tablespoons olive oil
- 2 Tablespoons unsalted butter
- 3 large cloves fresh garlic minced
- 1/4 cup white wine
- 1 lemon zest and juice
- 1 pounds 16 count fresh shrimp peeled, deveined, and rinsed
- 1 pound fresh pizza dough
- 1 cup shredded mozzarella cheese
- 1/4 cup grated Parmesan cheese
- 3/4 teaspoon Italian seasoning
Instructions
- Place baking stone in oven and preheat to 500 degrees for ONE HOUR!
- In a large skillet, melt butter and oil over medium-low heat. Add the garlic and lemon zest, cook for one minute.
- Add the wine and lemon juice, simmer for 2 minutes.
- Add shrimp and cook only until pink. Remove from pan and set aside.
- Roll out pizza dough. Place on a cornmeal or parchment paper lined pizza peel.
- Brush dough with garlic-lemon sauce from pan. Be generous. but you don't want your pizza to look like a lake.
- Top with shrimp, mozzarella cheese, Parmesan cheese, and sprinkle with Italian seasoning.
- Slide pizza onto preheated baking stone and bake for 8 to 10 minutes, until cheese is bubbly.
- Serve with red hot pepper flakes.
Nutrition Facts
Shrimp Scampi Pizza
Amount Per Serving
Calories 637Calories from Fat 225
% Daily Value*
Total Fat 25g38%
Saturated Fat 10g50%
Cholesterol 328mg109%
Sodium 1974mg82%
Potassium 159mg5%
Total Carbohydrates 58g19%
Dietary Fiber 2g8%
Sugars 8g
Protein 40g80%
Vitamin A8.4%
Vitamin C23.3%
Calcium38.8%
Iron33.1%
* Percent Daily Values are based on a 2000 calorie diet.
0 Response to "SHRIMP SCAMPI PIZZA"
Posting Komentar