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!

The Best Ever Syn Free Cheesy Garlic Bread

Everyone will go crazy for this Syn Free Cheesy Garlic Bread – a perfect sharing side or party appetizer !


Mixed the ingredients for the bread – oats, yoghurt, egg, a pinch of salt and baking powder. Simple ingredients, nothing complicated or unhealthy, and can even be gluten free if you use gluten-free oats.

Crumble up all the mixture with your hands so everything gets combined together, and you will be hit with that amazing wonderful aroma that you just know is going to be amazing.

Then getting little spoonfuls of the cheese garlic mixture, push it down into the slits in the bread and place bake in the oven for about 10-12 mins until the cheese has melted and is lightly golden.

The Best Ever Syn Free Cheesy Garlic Bread | Slimming World
This recipe is gluten-free, vegetarian, Slimming World and Weight Watchers friendly


Ingredients

  • 120g/3oz of Porridge Oats - (3 x HEb's)
  • 1.5 tsp of baking powder
  • salt
  • 2 eggs
  • 120g of Fat-Free Plain Greek Yoghurt
  • Spray oil
  • 50g mozzarella, grated - (1 HEa), grated
  • 60g of strong white cheddar, grated - (2XHEa's)
  • 2-3 cloves of garlic, crushed
  • fresh finely chopped parsley

Instructions

  1. Preheat oven to 180c/350f (gas mark 4)
  2. Blend the oats in a blender or food processor until a fine powder.
  3. Add to a bowl with the baking powder, a pinch of salt, Greek yoghurt and eggs. 
  4. Line baking dish with parchment paper. 
  5. Pour in the mixture and place in the oven, bake for 40 mins, skewer entered into the centre should come out clean. 
  6. Allow to cool.
  7. Increase oven temp to 200c/400f  (gas mark 6)
  8. Add the cheddar, mozzarella, garlic cloves, fresh parsley to a bowl, and crumble all together with clean hands.
  9. Once bread is cool, using a sharp knife, cut slits diagonally (making sure not to go all the way through the bread), carefully pull slits open, season with a little salt and spray with a little spray oil.
  10. Stuff with the cheese garlic mixture.
  11. Place back in the dish and bake for approx 10-12 minutes, cheese should be melted and lightly golden.
  12. Serve warm, dig in, pull-apart and enjoy!!

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