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!

Clean Eating Mexican Taco Meat

Whoever thought it was possible to limit tacos to Tuesday clearly never tried them stuffed with incredibly tasty clean eating Mexican taco meat!

I don’t think I’ve ever met a person that didn’t love tacos and the great thing with tacos is you can make them as healthy as you’d like. I typically use lean ground turkey or chicken for my taco meat and PERDUE® FIT & EASY® Fresh Ground Turkey or Chicken Breast is my meat of choice.  A lot of chicken companies cut corners by feeding their chickens all sorts of animal by-products. But PERDUE® chickens are always fed a 100% vegetarian diet and they never use added hormones or steroids. It’s quality stuff, people! 🙂
This taco meat is very kid-friendly- however, if your kiddos or you are sensitive to extra spice, leave out one or both of the peppers, cut the chili powder down to 1 teaspoon and use more tomato sauce than salsa. This recipe is super versatile, so just adjust according to your family’s preference.

Ingredients
  • 1 teaspoon extra virgin olive oil
  • 1 small onion, finely chopped
  • 2 jalapeño peppers, seeded and finely chopped
  • 2 cloves garlic, minced
  • 1 pound PERDUE® FIT & EASY® Fresh Ground Turkey or Chicken Breast
  • 2 teaspoons chili powder
  • 1 teaspoon cumin
  • 1 teaspoon garlic salt
  • 1 cup healthy homemade tomato sauce or salsa (or a combination of the two)
  • 3 tablespoons tomato paste (no salt added)

Instructions
  1. Heat oil in large skillet over medium-high heat.
  2. Add onion and jalapeños; cook, stirring frequently for about 5 minutes and until onions are soft.
  3. Add garlic; cook, stirring frequently for 1 minute. Transfer onion mixture to a small bowl and set aside.
  4. Add turkey to the same skillet; cook, over medium-high heat, stirring frequently to break up turkey, for 8 to 10 minutes and until turkey is no longer pink.
  5. Season with chili powder, cumin and garlic salt.
  6. Add onion mixture, tomato sauce or salsa (or a combination of the two) and tomato paste. Mix well. Reduce heat to medium-low, stirring frequently for about 8 minutes and until mixture thickens.
  7. Serve in tortillas or taco shells with all of your favorite toppings. Enjoy!
Recipe Source:kimscravings.com

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