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!

EASY AND DELICIOUS WEEKNIGHT TACO PASTA

EASY AND DELICIOUS WEEKNIGHT TACO PASTA
Looking for a quick pasta recipe the whole family will love? Try my Easy and Delicious Weeknight Taco Pasta recipe that features creamy taco pasta with beef, cheese, and taco seasoning.
EASY AND DELICIOUS WEEKNIGHT TACO PASTA
As a busy mom, I love making meals during the week that are delicious, flavorful, and most of all easy to make. This Easy Weeknight Taco Pasta is one of our family’s favorite and most requested pasta dishes.
This easy taco pasta recipe combines the wholesomeness of pasta with the delicious flavors of cheesy, beef tacos and will be enjoyed by even the pickiest eaters out there. This taco pasta is made with light cream cheese and makes for a healthy balanced meal when paired with a salad and corn.

Even better, you can have this creamy taco pasta on your table in 30 minutes or less, making it the perfect meal for busy weeknights.

EASY AND DELICIOUS WEEKNIGHT TACO PASTA RECIPE
Easy and Delicious Weeknight Taco Pasta
Looking for a quick pasta recipe the whole family will love? Try my Easy and Delicious Weeknight Taco Pasta recipe that features creamy taco pasta with beef, cheese, and taco seasoning. 

Ingredients
  • 1/2 8 oz Box of Small Shell Pasta Noodles
  • 1 lb Lean Ground Beef or Turkey 80/20 or above preferred
  • 1 envelope low sodium taco seasoning
  • 1 cup water
  • 1/2 block reduced fat cream cheese (4 oz.)
  • 1 cup shredded cheese Cheddar, Mexican Blend, or Monterey Jack

Instructions
  1. Begin boiling pasta according to package instructions.
  2. Brown ground beef in pan until fully cooked; Drain; Place beef back into pan and add taco seasoning and water. Stir well and let simmer on Medium heat until liquid has reduced. (About 5 Minutes)
  3. Cut ½ block of cream cheese into small squares and add into ground beef mixture. Begin stirring in cream cheese and increase heat to medium/high until all cheese has been incorporated and sauce is creamy.
  4. Remove ground beef from heat; Drain pasta; Place hot pasta into casserole dish and stir in ½ cup of cheese. Add in taco mixture and mix well.
  5. Top pasta with remaining ½ cup of cheese and bake uncovered at 350 degrees for 15 minutes, or until cheese is perfectly melted.
  6. Pair it with a delicious salad and enjoy this easy and delicious weeknight meal!
Optional: Top your taco pasta with fresh herbs or salsa for added flavor 
Get your printable recipe card below for my cheesy and delicious weeknight taco pasta!
Hope you enjoyed today’s Easy and Delicious Weeknight Taco Pasta Recipe and I hope you’ll give it a try this week! Would your family love this taco pasta recipe? Let me know in the comments!


BERITA LENGKAP DI HALAMAN BERIKUTNYA

Halaman Berikutnya

Subscribe to receive free email updates:

ARTIKEL POPULER