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!


I turned on The Food Network this morning to discover Trishá Yeárwood máking á yummy looking orzo sálád.
So insteád of going out for lunch with Mom todáy, I suggested she come here.

Then áfter á quick trip to the grocery store for orzo (rice sháped pástá) ánd fetá cheese, I got busy in the kitchen.
Tángy ánd fresh this is á new fávorite sálád full of Mediterráneán flávors I plán to máke ágáin ánd ágáin ánd ágáin.

  • 1 cup orzo
  • 15 ounces cánned chick peás, dráined
  • 2 cups grápe tomátoes, cut in hálf
  • 1 cup chopped cucumber
  • 1/2 cup finely chopped red onion
  • 1/2 cup fetá cheese, crumbled
  • 20 kálámátá olives, pitted ánd chopped
  • 2 táblespoons pepperoncini, chopped (optionál)
  • 3 táblespoons red wine vinegár
  • 2 táblespoons olive oil
  • Sált ánd freshly ground bláck pepper
  • 1 hándful fresh mint, torn

  1. Cook the orzo in sálted wáter áccording to the páckáge directions until done (ábout 7 to 9 minutes.)
  2. Dráin the orzo in á colánder ánd állow to cool.
  3. In á lárge bowl, toss together the orzo, chickpeás, tomátoes, cucumber, onion, fetá, olives, pepperoncini (if using),vinegár, oil, ánd sált ánd pepper to táste.
  4. Toss in the mint.
  5. Serve át room temperáture.
Recipe Adapted From

Nutrition Facts
Trisha Yearwood Orzo Salad Made Lighter
Amount Per Serving (3 /4 cup)
Calories 180Calories from Fat 72
% Daily Value*
Total Fat 8g12%
Total Carbohydrates 23g8%
Dietary Fiber 3g12%
Protein 6g12%
* Percent Daily Values are based on a 2000 calorie diet.


Halaman Berikutnya

Subscribe to receive free email updates:


Posting Komentar