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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!

MEATBALLS WITH ATTITUDE

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Meatballs with attitude! Well, yes, these little meatballs certainly have attitude! The flavor is really lovely. I’m always looking for new ways to enhance certain foods, making them fuller in flavour, using fresh ingredients and of course, creating recipes that are moist, have texture and taste.

Often I have eaten meatballs and they have been so dry and totally lacking in flavour. This is such a shame, especially when you use good ingredients, such as a good quality ground meat so that’s what made me decide to make up my very own recipe and hence the name Meatballs With Attitude!

In this recipe, I show you how to make your meatballs with some flavour combinations you may not have thought of using, all of which, when they are combined, ensure your meatballs will be juicy and succulent, and yet a little crispy on the outside. They go perfect with a sauce of your choice, maybe a tomato sauce, or a cream sauce & pasta, or stick toothpicks in them, make up some sweet chili sauce or tzatziki and have them as a starter! This recipe is suitable using any ground meat, such as chicken, turkey,pork, lamb or soya.

INGREDIENTS:
  • 1 pound / 500 g Ground beef, or ground meat of your choice. (Often I will use half beef and half pork)
  • 1/2 Tablespoon Worcestershire Sauce
  • 1 Teaspoon Sugar
  • 1 Tablespoon Tomato puree
  • 1 egg
  • Salt & pepper for seasoning
  • Generous handful of flat leaf parsley, chopped finely
  • 1 Scallion / spring onion, chopped finely
  • Handful of mushrooms, chopped finely
  • 1/4 Red chili pepper (mild heat)
  • 1/4 Green chili pepper (mild heat)
  • 1 clove garlic, chopped finely
  • Dash of Tabasco (optional)
  • 1 Tablespoon olive oil for cooking
  • 2 Tablespoons of flour for dusting.
Instructions:
1. Firstly, finely chop all the ingredients that need to be chopped.
2. In a large bowl, add all the ingredients and use your hands to mix everything in. Keep mixing for a good 2-3 minutes as this will help to incorporate everything and tenderise the meat.



3. Dust your hands lightly with flour and roll out the meat into golf ball sized balls with the palms of your hands. Compress as you roll so they don’t fall apart. Lay them out ready for the next step.

TIP: It is after this stage the meatballs can be frozen. Wrap in parchment and then place in zippy bags.


4. Add olive oil to a pan and when hot enough, add the meatballs carefully, and turn once they have browned. Keep turning them until they are browned all over.


Once cooked, serve your delicious Meatballs With Attitude with your favourite sauce, and pasta, or have them like I did, on a Yorkshire pudding with lashings of gravy and fresh vegetables.

You can also serve them on a platter, stick cocktail sticks in them, make up some different dips and eat them like they are!

more recipes @ https://lovefoodies.com

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