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!

CAULIFLOWER NOODLES LASAGNA [LOW CARB]

This low carb, gluten-free and lightened up lasagna uses cauliflower noodles in place of traditional lasagna pasta.


This summer day with the oven working hard, the house became really, really hot. But when I cut out the first slice and saw all that melted cheese, it was worth it.



The cauliflower noodles obviously don’t taste like traditional wheat pasta. They don’t have a bounce or chew to them. So if you’re the kind of person who really looks forward to eating the noodles in lasagna, then this might not be for you.

CAULIFLOWER NOODLES LASAGNA RECIPE

This low carb, gluten-free and lightened up lasagna uses cauliflower noodles in place of traditional lasagna pasta.



Like other cauliflower bread recipes, you will need to cook and then completely dry out the cauliflower before you bake and cool the "noodles". I've detailed two ways to prepare the cauliflower in the instructions. You can read more about how to prepare cauliflower for these types of recipes in my Cauliflower Breadsticks post.

INGREDIENTS:

  •  5 cups packed riced raw cauliflower to rice the cauliflower, run it through a food processor until it becomes coarse crumbs about half the size of a grain of rice
  •  2 large eggs
  •  1 tbsp olive oil
  •  1/2 cup diced raw white onions
  •  1 lb low fat ground beef
  •  13 oz crushed tomatoes
  •  1 cup tomato sauce
  •  1 tsp Italian herb seasoning
  •  salt and pepper to taste
  •  2 cups shredded mozzarella cheese
  •  1/4 cup shredded parmesan cheese

DIRECTIONS:
PREPARE THE CAULIFLOWER

  1. Steam Method: You can briefly steam the cauliflower until it's cooked, and then wring the cauliflower dry in small batches, with the help of a cheesecloth or similar towel or cloth. 
  2. Microwave Method: Instead of steaming, you can cook the cauliflower in the microwave in intervals until it dries out. For this method, cook cauliflower in microwave for about 2 minutes in a very large microwave-safe bowl. You want the bowl to be very large so you can spread out the cauliflower. Once cooked, place it back into the microwave and cook it in 2-minute intervals. After every 2 minutes, pause, stir and mix so the cauliflower evenly heats, and then put it back in the microwave again. Stopping every 2 minutes will also prevent any cauliflower from burning. Continue this process until the cauliflower becomes dry and clumpy. It will take approximately 16 minutes to cook the cauliflower this way, depending on the type of microwave you have.
  3. Once cauliflower is dried out, place into a bowl and allow to cool for a few minutes. Then add in eggs. Stir and mix until everything is completely combined.
  4. Line a large baking sheet with parchment paper. (In the photos above, I used a Silpat mat, but I actually found it easier to remove the cauliflower with parchment paper.) Pour cauliflower batter onto parchment paper and use a spatula to spread out until it forms a 9.5 x 11 inch rectangle that is approximately 1/2 inch thick.
  5. Preheat oven to 450F. Cook cauliflower noodles in oven for about 18-20 minutes or until top is golden brown and dry to the touch. Allow cauliflower noodles to cool. Slice cauliflower noodles into three strips that are approximately 9 inches by 3.5 inches.  Use a thin-edged spatula (like a cookie spatula), to carefully get under the cauliflower noodles and help release them from the parchment paper.

MAKE THE LASAGNA

  1. In a large frying pan, add olive oil and bring the pan to medium heat on the stove. Once oil is hot, add in onions and cook until tender. Add in ground beef and cook until meat is done. Stir in crushed tomatoes, tomato sauce, and herb seasoning. Add salt and pepper if needed.
  2. Preheat oven to 375F.  In a 9 x5 inch loaf pan, add a thin layer of ground beef sauce. Layer one of the cauliflower noodles on top. Add a thicker layer of ground beef sauce. Sprinkle 3/4 cup shredded mozzarella cheese across ground beef. Add the second cauliflower noodle. Repeat with ground beef and cheese. Layer the final cauliflower noodle. Add another thin layer of ground beef. Add remaining mozzarella cheese and parmesan cheese.
  3. Place lasagna into the oven and cook for about 10-15 minutes, until cheese is bubbly and melted. Garnish with fresh basil if desired. Slice and serve while warm.
Nutrition Facts
Cauliflower Noodles Lasagna
Amount Per Serving (1 slice)
Calories 445Calories from Fat 182
% Daily Value*
Total Fat 20.2g31%
Saturated Fat 9.1g46%
Polyunsaturated Fat 1.7g
Monounsaturated Fat 7.5g
Cholesterol 192.4mg64%
Sodium 664.7mg28%
Total Carbohydrates 22.9g8%
Dietary Fiber 7.4g30%
Sugars 10.5g
Protein 45.8g92%
Vitamin A13%
Vitamin C198%
Calcium49%
Iron31%
* Percent Daily Values are based on a 2000 calorie diet.

Notes : The nutrition information provided are only estimates based on an online nutritional calculator. I am not a certified nutritionist. Please consult a professional nutritionist or doctor for accurate information and any dietary restrictions and concerns you may have.

Recipe Adapted CAULIFLOWER NOODLES LASAGNA @ kirbiecravings

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