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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!

CILANTRO-LIME AND BLACK BEAN SHRIMP AND RICE SKILLET

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CILANTRO-LIME AND BLACK BEAN SHRIMP AND RICE SKILLET
Craving something fresh this time of year? Try this Cilantro-Lime Shrimp with Black Bean Jasmine Rice – a delicious, easy recipe! I cooked the shrimp in olive oil with minced garlic and then coated it with fresh lime juice and cilantro – YUM! The shrimp is then nestled on top of cilantro-lime black bean rice.
What’s great about this cilantro lime shrimp is that prep takes only 10 minutes, then you cook everything in one pan (about 30 minutes total) and just wait until the rice is done. Very easy and good looking dinner!
It’s Summer, and I really crave simple, light recipes that are perfect to eat in the hot weather. This cilantro lime shrimp and rice with black beans is perfect for warm Summer nights.
INGREDIENTS FOR CILANTRO LIME SHRIMP AND RICE:
  • olive oil
  • 1 pound raw shrimp, peeled and deveined
  • 4 garlic cloves, minced
  • salt
  • red pepper flakes
  • lime juice
  • fresh cilantro
  • black beans
  • chicken broth or vegetable broth
  • uncooked Jasmine rice

COOK’S TIPS:
Use large raw shrimp, not small kind. Also, do not use pre-cooked small shrimp. When you use large raw shrimp and cook it with spices, you get so many more juices and so much more flavor!
With raw shrimp, make sure it’s peeled and deveined.
Do not use pre-cooked rice. Use rice, such as jasmine rice, that takes about 15-20 minutes to cook. This way, the rice has time to absorb all the flavors.
Use freshly squeezed lime juice – it’s not as acidic and has much richer flavor.

HOW TO MAKE CILANTRO LIME SHRIMP AND RICE:
First, cook raw shrimp, sprinkled with 1/4 teaspoon of salt and 1/2 teaspoon of red pepper flakes, and minced garlic in a large skillet on medium heat, stirring once or twice, on medium heat, about 3-4 minutes total, until pink in color. Remove shrimp from the skillet to a plate.
To the same (now empty) skillet, add chicken broth, water, uncooked rice, and 1/4 teaspoon salt.
Bring to boil. Mix everything well. Reduce the heat to low boil simmer. Cover the skillet with the lid. Simmer for 15-20 minutes, covered, until the rice is cooked through.
Mix in the lime juice, rinsed and drained black beans, and fresh cilantro into the cooked rice.
Mix to combine:
Add extra lime juice (about 1 tablespoon) and extra chopped fresh cilantro to the plate with shrimp, mix to coat shrimp with lime juice and cilantro. Add the cilantro lime shrimp to the skillet with rice and gently reheat.
MORE DELICIOUS CILANTRO LIME SHRIMP RECIPES:

Now that you enjoyed this shrimp and rice recipe, why not try, say, cilantro lime pasta with shrimp? It’s so refreshingly delicious – it will bring Summer to your table! Or, if you want plain shrimp with cilantro lime flavors, make this cilantro lime honey garlic shrimp that makes a great Summer appetizer.
Cilantro-Lime Black Bean Shrimp and Rice
Prep Time 10 mins
Cook Time 30 mins
Total Time 40 mins

Delicious cilantro-lime shrimp cooked in olive oil, with garlic and red pepper flakes. Then, it is put on top of cilantro-lime black bean rice. Everything is cooked in one skillet. Minimal cleanup. 
Course: Main Course
Cuisine: Mediterranean
Servings: 4 servings
Calories: 497 kcal
Author: Julia

Ingredients
Cilantro Lime Shrimp
  • 2 tablespoons olive oil
  • 1 pound shrimp , raw, peeled and deveined
  • 4 garlic cloves , minced
  • 1/4 teaspoon salt
  • 1/2 teaspoon red pepper flakes
Cilantro Lime and Black Bean Rice
  • 2 cups chicken broth or vegetable broth
  • 1 cup Jasmine rice uncooked or use any rice that says on the package that it takes 15 minutes to cook it
  • 1/4 teaspoon salt
  • 2 tablespoons lime juice freshly squeezed + extra
  • 15 oz black beans from the can, rinsed, drained
  • 1/2 cup fresh cilantro chopped + extra
Instructions
Cooking Cilantro Lime Shrimp
  1. Heat large skillet until hot on medium heat. Add olive oil - it should run easily but not sizzle or burn. Add shrimp and minced garlic to the skillet, making sure it doesn't crowd, sprinkle 1/4 teaspoon of salt and 1/2 teaspoon of red pepper flakes over shrimp. Cook shrimp, stirring once or twice, on medium heat, about 3-4 minutes total, until pink in color.
  2. Remove shrimp from the skillet to a plate.
Making Cilantro Lime and Black Bean Rice
  1. To the same (now empty) skillet, add chicken broth, uncooked rice, and 1/4 teaspoon salt. Bring to boil. Mix everything well. Reduce the heat to low boil simmer. Cover the skillet with the lid. Simmer for 15-20 minutes, covered, until the rice is cooked through. You might need to add 1/2 cup of water if your rice is not completely cooked through.
  2. Mix in the lime juice, rinsed and drained black beans (from the can), and fresh cilantro into the cooked rice.
  3. Add extra lime juice (about 1 tablespoon) and extra chopped fresh cilantro to the plate with shrimp, mix to coat shrimp with lime juice and cilantro. Add the shrimp to the skillet with rice and gently reheat.
Nutrition Facts
Cilantro-Lime Black Bean Shrimp and Rice
Amount Per Serving
Calories 497Calories from Fat 81
% Daily Value*
Total Fat 9g14%
Saturated Fat 1g5%
Cholesterol 285mg95%
Sodium 1611mg67%
Potassium 637mg18%
Total Carbohydrates 64g21%
Dietary Fiber 10g40%
Protein 36g72%
Vitamin A4.2%
Vitamin C20.1%
Calcium21.9%
Iron29.5%
* Percent Daily Values are based on a 2000 calorie diet.

more recipes @ https://juliasalbum.com

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