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!

SHRIMP TERIYAKI ZUCCHINI NOODLES MEAL-PREP

Zucchini noodles topped with Teriyaki shrimp and broccoli. This flavorful low-carb dish meal prep comes together in under 30 minutes and makes a healthy week-day lunch at just 174 calories per meal!


This super delicious and flavor packed meal prep teriyaki shrimp and zucchini noodles (aka zoodles) recipe is for all my low-carb readers and anyone else who wants to eat healthier. The shrimp teriyaki and broccoli are first cooked in a simple home-made teriyaki sauce that comes together in just a few minutes. After the shrimp and broccoli are cooked in the sauce, they are removed from the pan and the zucchini noodles are then tossed in the pan just to soak up all the flavors left in the pan. You don’t want to over-cook them or they will wilt and become hard to manage.

If you don’t have a spiralizer you can just cut super thin strips with a knife, but I highly suggest you get yourself one of these handy little spiralizers. They will make it so much easier to spiralize any veggie and eat healthily.

Shrimp Teriyaki Zucchini Noodles Meal-Prep Recipe
Zucchini noodles topped with Teriyaki shrimp and broccoli. This flavorful low-carb dish meal prep comes together in under 30 minutes and makes a healthy week-day lunch at just 174 calories per meal!



Ingredients

  • 3-4 zucchini spiralized
  • 1 lb. medium shrimp peeled and deveined
  • 1 teaspoon oil
  • 1/2 cup water divided
  • 1/4 cup low-sodium soy sauce
  • 2 tablespoons honey or sugar of choice
  • 1 clove garlic minced
  • 1 teaspoon sesame oil optional
  • 1/2 teaspoon ground ginger
  • 1 tablespoon cornstarch
  • 1 cup blanched broccoli florets

Instructions

  1. Heat a large skillet over medium high heat. Add oil and shrimp and cook for 2-3 minutes per side or until pink. Remove shrimp from pan and add 1/4 cup water, soy sauce, honey, garlic, sesame oil, and ginger and whisk to combine. Bring mixture to a boil. 
  2. In a small bowl whisk together cornstarch and remaining 1/4 cup water. Slowly whisk in the cornstarch mixture into the saucepan and simmer for 3-4 minutes or until thick. 
  3. Return shrimp to pan along with 1 cup of blanched broccoli and coat evenly with sauce. Remove from shrimp and broccoli from the pan and toss in the zucchini noodles just until coated with the sauce, if the zoodles are too much, add to the pan in batches.
  4. Divide zoodles into 4 or more meal-prep containers. Top each container with shrimp and broccoli. Cover and refrigerate for up to 4 days. To heat, microwave for 1-2 minutes or until steaming.

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