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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!

CREAMY GARLIC PARMESAN MUSHROOMS

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CREAMY GARLIC PARMESAN MUSHROOMS
Creamy Garlic Parmesan Mushrooms are sautéed in a butter garlic until tender and then tossed in the most AMAZING creamy parmesan sauce. These are great as a side, on top of meat or eaten by themselves and ready in under 10 minutes!
I am not the biggest mushroom fan in the world to be honest. Two things that I am not hugely fond of are mushrooms and shrimp. But my hubby loves both of them. So I have to cook both of those things every once in a while just to keep him happy.  But I have grown to like and eat both things and I especially love mushrooms if they are sautéed in a creamy sauce.
These mushrooms have gotten me OBSESSED.
They are the best mushrooms that you will ever eat!
It begins with sautéing them in a butter and fresh minced garlic until it is tender. But then bring on the heavy cream and turn this dish into something fantastic! The heavy cream+parmesan+garlic+cream cheese….
This is a recipe for perfection!
These make a delicious side dish. Or they are especially great on top of a steak or burger. Or you can literally gobble these done by themselves. Whatever you make them for you HAVE to make them!
You guys are going to quickly agree that these are the best mushrooms you have ever had!
Garlic Parmesan Mushrooms
Prep time 5 mins
Cook time 5 mins
Total time 10 mins
Creamy Garlic Parmesan Mushrooms are sautéed in a butter garlic until tender and then tossed in the most AMAZING creamy parmesan sauce. These are great as a side, on top of meat or eaten by themselves and ready in under 10 minutes!
Author: Alyssa
Serves: 4-6

INGREDIENTS
  • 2 Tablespoons Butter
  • 1 Tablespoon olive oil
  • 8 Ounces white mushrooms, whole or sliced to preference
  • 2 cloves garlic, minced
  • ½ cup heavy cream
  • ¼ cup grated parmesan cheese
  • 2 ounces cream cheese, softened
  • 1 teaspoon italian seasoning
  • ½ teaspoon salt
  • ¼ teaspoon pepper
  • fresh chopped parsley for garnish
INSTRUCTIONS
  1. In a medium sized skillet over medium high heat add the butter and olive oil. Add the mushrooms and garlic and saute until tender.
  2. Add the heavy cream, parmesan cheese, cream cheese, italian seasoning, salt and pepper. Stir with the mushrooms and heat until the sauce is bubbly and smooth.
  3. Serve immediately and garnish with fresh parsley.
NOTES
Alyssa Also Recommends:
Want to make this even easier? Here are a few products that I LOVE:
•Calphalon Cookware Set
•Staub Cast Iron Skillet
•Microplane Grater


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