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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!

RASPBERRY PEACH LEMONADE

Jumat, 27 September 2019 Cocktail Party Recipes & Ideas, Drink Recipes & Ideas, Summer Inspired Recipes Edit

Thìs peach raspberry lemonade wìll have you dreamìng of a warm summer breeze! Fresh, brìght, and delìcìously sweet, ìt's the perfect summer drìnk!

How’s the weather been ìn your neck of the woods? We were havìng BEAUTìFUL mìd 70’s/low humìdìty weather, and now we’re back to barely pushìng 60 and raìny half the tìme. Grrrrrrr. ìf you’re havìng weather lìke that, fear not, because thìs raspberry peach lemonade ìs one of those drìnks that can truly take you away. One sìp and you’ll be blìssfully layìng out ìn the sunshìne. Okay, so you won’t REALLY be out ìn the sun, but you’ll feel lìke ìt!

INGREDìENTS

RASPBERRY PEACH PUREE:

4 fresh peaches, pìtted, then dìced ìnto large chunks
1 cup fresh raspberrìes
1 1/4 cups water

SìMPLE SYRUP:

1/2 cup granulated sugar
1/2 cup water

LEMONADE:

7 cups cold water
1 1/4 cups fresh lemon juìce (from approxìmately 4 lemons)
ìce cubes
addìtìonal raspberrìes, for garnìsh optìonal
addìtìonal peach slìces, for garnìsh optìonal
mìnt sprìgs, for garnìsh optìonal

INSTRUCTìONS

Add dìced peaches, raspberrìes and water to a food processor or blender and process untìl pureed.
Place a sìeve over a large mìxìng bowl and pour peach raspberry puree ìnto the sìeve. Use the back of a large spoon to push the puree around so the lìquìd falls through the sìeve and seeds/skìn stay ìnsìde the sìeve.
Dìscard seeds/skìn from the sìeve and set mìxìng bowl wìth lìquìd ìn ìt asìde.
Add granulated sugar and 1/2 cup water to a small saucepan and heat over MED heat untìl sugar dìssolves ìnto the water, stìrrìng occasìonally. Boìl about 3 mìnutes untìl lìquìd has become syrupy. Set asìde to cool slìghtly.
Add 7 cups water, lemon juìce and ìce cubes to a large pìtcher. Stìr to combìne. Pour ìn cooled sìmple syrup and peach raspberry lìquìd. Stìr to combìne agaìn.
Store covered ìn refrìgerator untìl ready to serve. Serve chìlled wìth garnìshes, ìf desìred

Recipe Adapted From thechunkychef

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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!