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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!

WHOLE30 EASY RAMEN

Edit
Whole30 take on ramen noodles last week using what I had in my fridge/pantry and mentioned that  Which makes me one happy soup freak because now I am not alone in the soup all-year-round struggle. So here I am, happily sharing my soup in the summer recipe. Thank y’all for being the best soup lovers ever!


This ramen is delicious and you can really play with it to make it your own! Add whatever veggies you have on hand to the mix or top it with whatever protein you want! Regardless, the napa cabbage as the noodles is a delicious replacement that you will just love!

WHOLE30 EASY RAMEN RECIPE
A delicious and easy take on ramen noodles that is whole30 and paleo approved!



INGREDIENTS
  • 1 tbsp. toasted sesame oil
  • 2 tbsp. avocado or olive oil
  • 1/2 white or yellow onion, diced finely
  • 2 stalks of celery, cut into 1/2 inch chunks
  • 3 cloves garlic, thinly sliced
  • 2 boneless, skin-on chicken breasts
  • 4 cups thinly sliced napa cabbage (about 1/2 head napa cabbage)
  • 2 tbsp. fish sauce
  • 4 tbsp. coconut aminos
  • 1 (32 oz) carton chicken broth
  • 2 green onions, sliced thin
  • 1/4 jalapeno, thinly sliced (optional for serving)
  • black sesame seeds, for garnish
  • korean chile flakes, for garnish (can sub crushed red pepper flakes)
  • 2 eggs
  • kosher salt, to taste
  • black pepper, to taste
INSTRUCTIONS
  1. Heat 1 tbsp. toasted sesame oil and 1 tbsp. avocado oil over medium heat in a dutch oven or soup pot. When hot, add the diced onion and sliced celery and saute until the onions are tender, about 5 minutes.
  2. Add the sliced garlic and saute for 2 more minutes, or until fragrant but being careful not to burn.
  3. Add the sliced cabbage, the coconut aminos, and the fish sauce. Toss to coat and saute until the cabbage just starts to wilt, about 3-4 minutes.
  4. Pour in the chicken broth and bring to boil. Reduce heat to a low simmer and let simmer, covered, while you cook your eggs and chicken.
  5. Meanwhile, heat a separate skillet over medium-high heat with 1 tbsp. avocado oil. Season the chicken breasts with salt and pepper and sear, skin side down first, until golden brown and crispy, about 4 minutes. Flip and continue to cook until cooked through (no longer pink), about 4-6 more minutes depending on the size of your chicken breast. When cooked through, set aside and rest for 10 minutes before slicing.
  6. Meanwhile, Bring a small saucepan of water to a boil. When boiling, carefully lower two eggs into the boiling water by using a large spoon or "spider". Reduce heat to a rapid simmer, but not a boil, and let cook for 7 minutes. After 7 minutes, carefully transfer the eggs to a bowl of cold water and let rest for 1 minute prior to peeling, slicing and serving.
  7. Taste the soup and add salt and pepper, if desired.
  8. Once the chicken and the eggs are cooking, ladle soup into two large bowls. Top with sliced chicken, the soft-boiled egg, and garnish with black sesame seeds, Korean chile flakes, and sliced jalapeno.
Recipe Adapted : WHOLE30 EASY RAMEN @ thedefineddish

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