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!

MUSHROOM ASPARAGUS PASTA

This Mushroom Asparagus Pasta recipe is the perfect recipe for those days when you just want something simple (but soooo good). It is made with everyday ingredients, vegetarian and quick aka ready in only 20 mins!


Some nights you just want simple. Simple as in this creamy Mushroom Asparagus Pasta recipe !!

This is perfect quick pasta recipe for any weeknight, impromptu drop-ins and for asparagus, mushroom and pasta lovers. This recipe gives you a restaurant quality pasta dish in the comfort of your very own home..

Mushroom Asparagus Pasta Recipe
Mushroom Asparagus Pasta is creamy, healthy and ready in a jiffy.



Ingredients

  • 250 g (8.8 oz) pasta
  • 150 g asparagus, woody stems removed and roughly chopped
  • 1 tbsp olive oil
  • 250 g (8.8oz) mushrooms, sliced
  • 4 spring onions, sliced
  • 1 tsp minced garlic
  • 180 ml (0.75 cup) vegetable stock
  • 180 ml (0.75 cup) double cream
  • 100 g (1 cup) grated Parmesan cheese
  • 4 tbsp orange juice (good quality orange juice)
  • Salt
  • Freshly ground black pepper
  • Handful of chopped coriander (cilantro)

Instructions

  1. Cook the pasta according to packet directions. About 4 mins before the pasta is done add in the asparagus. When the pasta is done, drain and set aside.
  2. Heat the olive oil in a frying pan over medium heat and sauté the mushrooms for about 10 mins until soft.
  3. Add in the spring onion and garlic and cook for a couple of mins
  4. Reduce the heat to low, add the vegetable stock followed by the cream and mix until well combined, bring to a simmer before adding in the Parmesan cheese and mixing till melted. Stir in the orange juice.
  5. Mix in the pasta and asparagus, season well and switch off the heat.
  6. Top with the coriander before serving

Nutrition Facts
Mushroom Asparagus Pasta
Amount Per Serving (4 servings)
Calories 446Calories from Fat 189
% Daily Value*
Total Fat 21g32%
Saturated Fat 11g55%
Cholesterol 61mg20%
Sodium 206mg9%
Potassium 480mg14%
Total Carbohydrates 53g18%
Dietary Fiber 3g12%
Sugars 4g
Protein 12g24%
Vitamin A23.2%
Vitamin C7.5%
Calcium6%
Iron11.7%
* Percent Daily Values are based on a 2000 calorie diet.


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