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!

GARLICKY BUTTER CHIVE PARMESAN PORK CHOPS

Grilled and then baked with a garlicky, cheesy, butter baste, Garlicky Butter Chive Parmesan Pork Chops are simple and rustic, uses common ingredients, and packs whole lot of flavour into each and every bite!

When cooking with very few ingredients, you want to use the best you can find and/or afford.  Each ingredient is imperative to the dish’s outcome.  So, for these Garlicky Butter Chive Parmesan Pork Chops, use fresh garlic, good parmesan, and for the sake of all that is holy and mighty, use REAL butter!

Garlicky Butter Chive Parmesan Pork Chops Recipe
Grilled and then baked with a garlicky, cheesy, butter baste, Garlicky Butter Chive Parmesan Pork Chops are simple and rustic, uses common ingredients, and packs whole lot of flavour into each and every bite!



Ingredients

  • 12 whole pork chops, thin sliced and boneless (about 3-4 ounces each)
  • 1/2 cup butter, softened
  • 2 tablespoons olive oil
  • 2 tablespoons dried chives
  • 1/4 cup parmesan cheese, finely grated, plus more for garnish
  • 4 cloves garlic, grated
  • 1/4 teaspoon ground black pepper
  • 1/4 teaspoon salt
  • 1/4 cup green onions, sliced, for garnish (optional)

Instructions

  1. Preheat your oven to 350 degrees. Line a baking sheet with aluminum foil and set aside.
  2. In a bowl, whisk together the butter, olive oil, chives, parmesan, and garlic. Set aside.
  3. Lightly salt and pepper both sides of the chops.
  4. Over medium-high heat, grill the pork chops for 2-3 minutes on each side - just until dark grill marks appear.
  5. Transfer the grilled pork chops to the baking sheet. Smear the top of the chops with half the butter mixture.
  6. Bake for 15 minutes.
  7. Remove from the oven, flip the chops and smear with the remaining butter mixture.
  8. Return to oven and bake for another 15 minutes.
  9. Garnish with freshly chopped green onions and parmesan cheese. Serve immediately.

Recipe Source : Garlicky Butter Chive Parmesan Pork Chops @ lordbyronskitchen

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