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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!

CHEESY KETO BISCUITS

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CHEESY KETO BISCUITS
Cheesy Keto Biscuits - delicious! Even if you aren't doing the Keto diet, you will love these biscuits! We had these at a friends house, and my husband couldn't stop eating them!! SO good! LOADED with cheese! Cream cheese, mozzarella cheese, eggs, baking powder, almond flour and melted butter. Can make individual biscuits or one large loaf. I like to brush the baked biscuits with melted butter and garlic powder. #keto #bread #lowcarb
A few months ago we had dinner at a friends house. She was dabbling in the Keto diet and served these Cheesy Keto Biscuits. I wasn't sure what to expect, but they were DELICIOUS! Chicken Legs went crazy over them! He couldn't stop eating them. I snagged the recipe from her so I could make them at home.
Now, these are not low-fat or low calorie biscuits. They are LOADED with TONS of cheese. Cream cheese and mozzarella cheese. The only special ingredient in these Cheesy Keto Biscuits is Almond Flour. I actually think almond flour is pretty common these days. I got mine at Walmart.
I used a 12-inch skillet and a large cookie scoop and got 16 biscuits. If you don't want individual biscuits, I think you could just put the dough in the skillet or baking pan and make a loaf of bread. I like to brush the cooked biscuits with some melted butter and garlic powder.
Even if you aren't doing the Keto diet, these Cheesy Keto Biscuits are sure to please! We've made them several times and enjoyed them every single time!! They are great if you are doing a low-carb diet and missing bread!
Yield: 16 Biscuits
Author: Stephanie - Plain Chicken.ComPrint Recipe
CHEESY KETO BISCUITS
PREP TIME: 20 MINS
COOK TIME: 20 MINS
TOTAL TIME: 40 MINS

Cheesy Keto Biscuits - delicious! Even if you aren't doing the Keto diet, you will love these biscuits! We had these at a friends house, and my husband couldn't stop eating them!! SO good! LOADED with cheese! Cream cheese, mozzarella cheese, eggs, baking powder, almond flour and melted butter. Can make individual biscuits or one large loaf. I like to brush the baked biscuits with melted butter and garlic powder. #keto #bread #lowcarb

INGREDIENTS:
  • 1 (8-oz) block cream cheese
  • 3 cups shredded mozzarella cheese
  • 4 eggs
  • 4 Tbsp baking powder
  • 1-1/3 cups almond flour
  • 2 Tbsp melted butter

INSTRUCTIONS:
  1. Preheat oven to 400ºF. Spray a 12-inch cast iron skillet with cooking spray. Set aside.
  2. In a saucepan over low heat, melt the cream cheese and mozzarella cheese together. Stir until smooth. Remove from heat.
  3. In a large bowl, combine the melted cheese, eggs, 4 Tbsp baking powder, and almond flour. Mix until smooth. Let stand for 10 to 20 minutes.
  4. Using a large cookie scoop, scoop dough and place in 12-inch cast iron skillet. Place skillet in refrigerator for 10 minutes.
  5. Remove skillet from refrigerator. Bake for 20 to 25 minutes, until golden brown.
  6. Brush cooked biscuits with melted butter.


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