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!

Keto-friendly Pepperoni Pizza Cheese Crisps

Forget takeout, forget delivery, you can whip up a batch of my Keto-friendly Pepperoni Pizza Cheese Crisps in under 10 minutes. You save time, you save money and you save nearly all the carbs found in traditional pizza with a bready crust.


The recipe for Keto-friendly Pepperoni Pizza Cheese contains only 4 ingredients – shredded mozzarella cheese, grated Parmesan cheese, sliced pepperoni and an Italian herb seasoning blend. Oh, and this crunchy cheese snack also contain less the one gram of carbs per piece

Ingredients

  • 1/2 cup shredded mozzarella cheese
  • 1/4 cup grated Parmesan cheese
  • 12 approx 1-3/4" diam. pepperoni
  • 1 1/2 teaspoon dry Italian seasoning

Instructions

  1. Pre heat oven to 400 F degrees.
  2. Add mozzarella and Parmesan cheeses to bowl.
  3. Use kitchen shears to snip pepperonis into small bits (or dice with knife). Place in bowl.
  4. Add Italian seasoning to bowl. Toss everything together until combined.
  5. Line large baking sheet with a silicone baking sheet or parchment paper. Place generous 2 tablespoon piles of cheese mixture on liner, spreading out into thin circle shape.  Repeat with remaining cheese mixture leaving an inch between cheese piles. 
  6. Bake for approximately 6 to 8 minutes in center rack. Watch closely, as edges start to brown, they can burn quickly. However, if you take out to early, cheese crisps will be soggy. Look for edges to be turning darker brown and remainder and center to be lightly browned before removing from oven.
  7. Let cool on baking sheet for 5 minutes.
  8. If desired, serve with favorite marinara for dipping.
  9. Store leftovers in air-tight container on counter for up to 5 days.


Recipe Adaoted : Keto-friendly Pepperoni Pizza Cheese Crisps @ thefitfork

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