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!

Easy Oven Roasted Potatoes Recipe

Easy Oven Roasted Potatoes Recipe
These oven roasted potatoes are amazing! Perfectly golden brown and crispy on the outside, tender on the inside – this is the best roasted potatoes recipe ever!
There are so many way to make potatoes – baked, mashed, smashed, boiled, grilled, fried, slow cooked and even microwaved – but my most common cooking method of cooking potatoes is roasting them in the oven.
I love making oven roasted potatoes for three main reasons:

1. Simplicity
Oven roasted potatoes are very easy to make. All you need to do is peel and cut the potatoes into quarters, toss them with olive oil and put them in the oven. The oven does all the cooking – no need to boil water, deal with the frying pan or flip the potatoes – you put the potatoes in the oven and forget about them until the timer beeps. I love hands free cooking methods – I have better things to do than standing there and watching the potatoes

2. Amazing taste
Oven roasted potatoes are so delicious! Everybody loves yummy golden-brown potato pieces, hot out of the oven, sprinkled with some salt, pepper and herbs! This potato recipe is a true crowd pleaser, I haven’t met anyone who doesn’t love good ol’ roasted potatoes – yum!

3. Health factor
Oven roasted potatoes are healthy and low in calories. They get golden brown in the oven without the excess fat! Oven roasted potatoes use the minimal amount of oil (less than a teaspoon per serving). Compare this to the deep fryer   I also have a recipe for healthy oven fries – very similar to this one, except the potatoes get cut into fry-like wedges instead!
How To Make Oven Roasted Potatoes

The secrets to amazing oven roasted potatoes are (1) high oven temperature, (2) drying potatoes with paper towels and (3) using salt after baking (not before). If you tried roasting potatoes before and they turned out mushy and soggy, chances are one of those rules wan’t followed.
Here’s a recap of the roasted potatoes making process:
Step 1: Preheat the oven to 425F.

There are many recipes that use lower oven temperature like 350F or 375F. The potatoes won’t brown well at lower temp. The correct oven temperature for perfect roasted potatoes is 425F.
Step 2: Peel, cut and dry the potatoes.

Peel the potatoes and cut into quarters. Quickly blot each potato piece with a paper towel and transfer to a bowl. I admit sometimes I skip the paper towel part when in a rush, but the resulting potatoes aren’t as well-browned.
Step 3: Toss potatoes in olive oil.

Pour oil on the potatoes and toss with your hands so all sides of the potatoes are coated with olive oil.
Step 4: Bake the potatoes.

Put the potatoes on a parchment-paper-lined baking sheet in a single layer and bake until golden-brown (about 45 minutes).
Step 5: Season the potatoes.

Season the potatoes after baking, not before! Adding salt before baking makes potatoes release their juices, resulting in soggy potatoes. That’s true for any roasted vegetables – salt after, not before.

Enjoy your amazing oven roasted potatoes! For the crispiest potatoes, serve them immediately, hot out of the oven! However, these roasted potatoes are still good the next day, they just won’t be crispy anymore, but still yummy! I often make a huge quantity of these roasted potatoes ahead for parties – everyone love them!
Easy Oven Roasted Potatoes Recipe
These are the best oven roasted potatoes you'll ever taste! The color! The flavor! These roasted potatoes are simply amazing! Perfectly golden brown and crispy on the outside, so tender on the inside, doesn't get any better than that!
Author: MelanieCooks.com
Recipe type: Side Dish
Cuisine: American

Ingredients
  • 8 medium potatoes
  • 1 tbsp olive oil
  • 1 tsp salt
  • ¼ tsp pepper
  • 1 tsp Italian seasoning
Instructions
  1. Preheat oven to 425F. Line 2 baking sheets with parchment paper.
  2. Peel the potatoes and cut into quarters. Blot each potato piece with a paper towel to absorb excess moisure and put in a bowl.
  3. Pour oil over the potatoes. With your hands, spread the oil all over the potatoes, so all the potato pieces are coated with oil.
  4. Put potatoes on the baking sheets (make sure the potatoes are not touching each other). Put in the oven and bake for 45 minutes, or until the potatoes are deep golden brown and tender when pierced with the fork.
  5. Remove the oven roasted potatoes from the oven. Sprinkle with salt, pepper and Italian seasoning.
Number of servings (yield): 4

Notes
Feel free to use fresh herbs or additional seasonings that you like.


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