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!
RED WHITE AND BLUE MIXED BERRY FRUIT PIZZA
Red White and Blue Mixed Berry Fruit Pizza – the perfect dessert for Memorial Day or 4th of July celebration. A healthy and delicious granola crust topped with a Vanilla Yogurt frosting and loaded with berries!
This Red White and Blue Mixed Berry Fruit Pizza is made with just a few simple ingredients you probably already have. The crust is gluten free, dairy free and refined sugar free. Oats, oat flour (almond flour would work as well) coconut oil and honey.
Ingredients
- 2 cups old fashioned oats
- 3/4 cup oat flour I used Bob's Red Mill or you can make your own
- 3 tablespoons coconut oil room temperature
- 3/4 cup honey
- 1 teaspoon pure vanilla extract
- 1/2 teaspoon ground cinnamon
- 1/8 teaspoon salt
- Yogurt Filling
- 1 - 1 1/3 cups plain* Greek yogurt Thick full-fat works best or use a non-dairy yogurt if needed
- 1-2 tablespoons maple syrup or honey depending on your preference
- 1 teaspoon pure vanilla extract
- Fruit Topping sweeter ripe fruit works best
- 6 blackberries
- 1/3 cup raspberries
- 3/4 cup sliced strawberries
- 1/2 cup blueberries
Instructions
- Preheat oven to 350 F.
- Grease a 10-inch cake pan with baking spray or line with parchment paper and set aside.
- In a large bowl, combine oats, oat flour, cinnamon, vanilla and salt together. Add the honey and coconut oil and mix until dough is combined and sticks together. Use your hands or a fork as needed.
- Spread the mixture into prepared pan and press down firmly with a spatula or the bottom of a glass cup.
- Bake in preheated oven for 10 minutes. Remove from oven and allow to cool completely (place in the refrigerator or freezer to cool faster).
- Meanwhile, in a medium mixing bowl, combine yogurt with honey and vanilla. Use an offset spatula to spread yogurt over cooled crust.
- Decorate with fresh berries. Enjoy immediately or place in the fridge to cool and set.
0 Response to "RED WHITE AND BLUE MIXED BERRY FRUIT PIZZA"
Posting Komentar