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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!

BAKED PARMESAN TOMATOES

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BAKED PARMESAN TOMATOES
Need a new veggie side to serve with dinner? Try these simple baked tomatoes with a melted parmesan topping!

I can’t believe Christmas is just two weeks away! This December has been full of traveling for me, so I feel like I haven’t been home much. In fact, as you’re reading this Monday morning, I’ll be in the sky traveling to Chicago for an overnight trip.
A couple weeks ago, I was in Galveston, Texas for a work conference. My coworkers and I went out to dinner at a fancy seafood restaurant that was AMAZING. I always order seafood when I’m out on work dinners– because Nick hates seafood and it’s my only chance, haha! Anyway, we went to this restaraunt that overlooked the ocean and we ordered some delish seafood– appetizers were panko crusted asparagus with creamy crab sauce. I ordered the crab cake stuffed shrimp with macaroni and cheese and parmesan tomatoes.

I didn’t really know what the parmesan tomatoes were when I ordered them, I just assumed they were chopped tomatoes sauteed with some type of cheese. Well to my suprise, these cute little tomato rounds with crusty, melty parmesan were sitting on my plate!
And oh my, they were so good. Like little baby pizzas with all the good tomatoes and cheese and none of the crust. The cheese was so thick, you had to cut them with a knife! I knew that I had to remake these when I got home.

These are so simple, I really don’t need to give you a recipe. All you need are some big, juicy tomatoes, parmesan cheese, and dried herbs. You can add any type of cheese to the tomato slices, but parmesan will taste the best and will give you that nice brown color.
Here’s a video to show you how to make them:

After preheating the oven, you just pop these in and ten minutes later, you have a yummy side dish. I like them along side a fish or seafood meal, like shrimp or baked tilapia. You could also serve them alongside a pasta dish or alfredo! An easy and delicious way to get your lycopene. :)

Here’s the recipe for baked parmesan tomatoes:
BAKED PARMESAN TOMATOES
Yields 12

INGREDIENTS
  • 2-3 large beefsteak tomatoes
  • 1 cup shaved parmesan cheese
  • 1 Tbsp dried basil
  • 1 Tbsp dried oregano
  • 2 Tbsp fresh Italian parsley, roughly chopped
INSTRUCTIONS
  1. Preheat your oven to 400 degrees F. Spray a baking sheet with cooking spray.
  2. Slice the tomatoes into 1/4" slices and arrange on the baking sheet.
  3. Top each slice with enough parmesan to cover the top, as well as a sprinkling of basil and oregano.
  4. Bake for 10 minutes, until the cheese is melted and bubbly.
  5. Top with the fresh chopped Italian parley.
  6. Serve immediately!
NOTES
Tastes great with fish, shrimp, or beef dishes as a side dish!
By Emily @ Zen & Spice

more recipes @ http://zenandspice.com


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