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!

KETO PIZZA RECIPE (LOW CARB FATHEAD CRUST)

Follow this easy recipe to make a keto pizza crust that’s grain free, using what’s commonly referred to as fathead dough. The pizza is topped with low carb Greek style toppings.

A typical pepperoni pizza slice from Domino’s has about 34g net carbs. That’s quite a lot, and most people on a keto diet can’t “afford” that many carbs in one day.
You can make keto pizza crust with just a handful of ingredients — almond flour, cream cheese, mozzarella cheese, egg, and salt. Everything except the egg is microwaved and mixed into a dough, then the egg is added last.

The dough is placed on a parchment paper lined baking sheet and covered with plastic cling wrap. I use my hands to flatten the dough into an 11-inch circle, but you can use a rolling pin or whatever is convenient. I prefer covering the dough with plastic wrap rather than parchment paper because then I can see the dough as I’m flattening it.

Keto Pizza Recipe (Low Carb Fathead Crust) Recipe
An easy recipe to make keto pizza crust that's grain free, also called fathead pizza. Includes ingredients for low carb Greek style pizza toppings.


Ingredients

Keto pizza crust:

  • 6 ounces shredded mozzarella cheese (roughly 1 1/2 cups)
  • 3 ounces blanched almond flour (roughly 3/4 cup)
  • 2 ounces cream cheese (4 tablespoons)
  • 1 large egg
  • 1/4 teaspoon salt

Optional Greek style toppings (or use your favorite toppings):

  • 2 ounces finely grated parmesan cheese
  • 2 ounces shredded mozzarella cheese
  • 2 ounces crumbled feta cheese
  • 2 ounces mushrooms thinly sliced
  • 2 ounces kalamata olives chopped
  • 5 cloves garlic finely chopped
  • 1/2 roma tomato chopped
  • 1 tablespoon minced fresh parsley
  • 1 tablespoon olive oil

Instructions

  1. Position a rack in the center of the oven and preheat to 425 F. Prepare a baking sheet large enough for an 11-inch pizza, and line with parchment paper.
  2. In a heatproof mixing bowl, stir together cheese, almond flour, and salt. Add cream cheese. Microwave until the cheese is melted, about 1 1/2 minutes, pausing halfway to stir. After microwaving, stir until the mixture forms a smooth dough.
  3. Add the egg, stirring it in until absorbed and well-mixed. If easier, use your hands to knead when the dough is cool enough to handle.
  4. Place the dough on the parchment paper lined baking sheet. Cover with equally large plastic cling wrap. Use your hands to spread out the dough to form a thin and even 11-inch circle. Discard the plastic wrap. Dock the crust (poke holes with a fork) to prevent air bubbles.
  5. Bake the crust at 425 F for 10 to 12 minutes until golden brown.
  6. Remove the crust from the oven. Add toppings of your choice. If you use the suggested Greek toppings, first evenly distribute each of the cheeses, then distribute mushrooms, olives, garlic, tomato, and parsley, and then evenly drizzle olive oil on top.
  7. Return the pizza to the oven and bake for 5 to 10 minutes until mushrooms are tender but before the edges of the crust get too brown. For simpler toppings, bake for about 5 minutes until the cheese is melted.

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