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!

Seafood Lasagna

Seafood Lasagna
To be honest, I was veryyyy skeptical about this lasagna. Shrimp with crab, heavy cream, Parmesan, mozzarella, and ricotta?! Yes! Our whole team went crazy over the combo. Don't be scared.
CHARLIE GILLETTE
Seafood Lasagna = Next-Level Weeknight Dinner
by Delish US
YIELDS: 8 SERVINGS
PREP TIME: 0 HOURS 20 MINS
TOTAL TIME: 1 HOUR 20 MINS
INGREDIENTS
  • Cooking spray
  • 1 lb. lasagna noodles 
  • Kosher salt 
  • 2 tbsp. extra-virgin olive oil 
  • 1 lb. shrimp, peeled and deveined, tails removed 
  • Freshly ground black pepper
  • Juice of 1/2 lemon
  • 3 cloves garlic, minced 
  • 1 tsp. chopped thyme leaves 
  • 4 tbsp. butter 
  • 1/4 c. all purpose flour 
  • 2 1/2 c. half-and-half (or whole milk) 
  • 1/2 c. clam juice 
  • 3/4 c. freshly grated Parmesan, divided 
  • 2 tbsp. freshly chopped parsley, plus more for garnish
  • 1 (16-oz.) container ricotta 
  • 1 egg
  • 2 (8-oz.) packages lump crab meat
  • 1 1/2 c. shredded mozzarella 
DIRECTIONS
  1. Preheat oven to 350°. In a large pot of salted boiling water, cook noodles according to package instructions. Lay noodles flat on a greased baking sheet, using parchment paper for stacking.
  2. Meanwhile, in a large skillet over medium-high heat, heat oil. Season shrimp with salt and pepper then add to skillet. Cook until pink and opaque, about 2 minutes per side. Remove from skillet and chop into bite-size pieces. 
  3. Return skillet over medium medium heat and melt butter. Stir in garlic and thyme and cook until fragrant, about 30 seconds. Stir in flour and cook 1 minute, then whisk in half-and-half and clam juice. Bring mixture to a simmer, stirring occasionally, and cook until thickened, about 4 minutes. (Sauce should coat the back of a wooden spoon.) Stir in ½ cup Parmesan and season with salt and pepper. 
  4. In a medium bowl, combine ricotta, egg, remaining ¼ cup Parmesan, and parsley. Season with salt and pepper. 
  5. Assemble lasagna: Spread a thin layer of sauce in a large baking dish and top with a layer of overlapping noodles. Spread ricotta mixture over noodles, add a layer of shrimp and crab meat, cover with sauce, then sprinkle with a layer of mozzarella. Repeat for three layers total, ending with the mozzarella.
  6. Tent with foil and bake 30 minutes. Remove foil and bake until golden and bubbly, 15 minutes more. 
  7. Garnish with more parsley, then let cool 15 minutes before slicing and serving.

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