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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!

BAKED PARMESAN ASPARAGUS FRIES

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Baked Asparagus Fries are a healthier alternative to regular fries. Asparagus stalks are coated in panko bread crumbs and parmesan cheese and baked until crispy.


Asparagus, in particular, make great fries. They have the perfect shape and size and they hold up well too.


I think this is my new favorite way to eat asparagus.!!

BAKED PARMESAN ASPARAGUS FRIES RECIPE
Asparagus coated in panko and parmesan cheese and baked until crispy is a healthier alternative to regular fries.


INGREDIENTS:

  •  1 lb asparagus stalks trimmed (try to choose the regular stalks as opposed to slim or extra thick stalks)
  •  2 large eggs whisked
  •  1/3 cup all-purpose flour
  •  cooking oil spray
  •  1/2 cup shredded parmesan cheese
  •  2 cups panko bread crumbs

DIRECTIONS:
  1. Preheat oven to 375°F. Line a three-quarter baking sheet with parchment paper. Spread panko crumbs evenly across the lined baking sheet, keeping your panko crumbs to a thin layer. Spray panko crumbs surface with cooking oil spray.
  2. Bake panko crumbs for about 5 minutes or until golden. Remove from oven and let cool. Turn oven heat to 425°F.
  3. Once bread crumbs are cooled, mix in 1/2 cup parmesan cheese while panko remains on the pan. Then spread out mixture evenly across baking sheet again. Line a separate three quarter baking sheet with parchment paper.
  4. In a container long enough to fit asparagus, pour in whisked eggs. I used an 8-inch loaf pan. In a separate container long enough to fit asparagus, pour in flour.
  5. Coat asparagus lightly in egg. Shake off excess egg and then lightly coat asparagus in flour. Tap asparagus a few times against container to shake off excess flour. Coat asparagus in egg again and shake off excess egg. Make sure that you thoroughly shake off any excess egg drippings before rolling in panko because the panko will not stick if it gets too moist. Place asparagus in panko mixture and press panko crumbs onto the asparagus. Avoid trying to roll the asparagus across all of the panko crumbs because it will cause many of the crumbs to get too moist and they won't stick to the asparagus. Keeping the panko spread out on the sheet rather than having them in one container should help keep most of them from getting too moist. Set coated asparagus aside on empty lined baking sheet. Repeat until all asparagus is used up.
  6. Bake for 10-12 minutes at 425°F, or until asparagus is cooked and the outside coating is crispy. Serve with your favorite dipping sauce.
Nutrition Facts
Baked Parmesan Asparagus Fries
Amount Per Serving (0.25 of recipe)
Calories 336Calories from Fat 51
% Daily Value*
Total Fat 5.7g9%
Saturated Fat 2.6g13%
Polyunsaturated Fat 0.8g
Monounsaturated Fat 1.9g
Cholesterol 100.2mg33%
Sodium 240.1mg10%
Total Carbohydrates 52.8g18%
Dietary Fiber 3.2g13%
Sugars 2.4g
Protein 20.6g41%
Vitamin A7%
Vitamin C11%
Calcium17%
Iron24%
* Percent Daily Values are based on a 2000 calorie diet.


Recipe Adapted : BAKED PARMESAN ASPARAGUS FRIES @ kirbiecravings

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