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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!

OVEN ROASTED ASPARAGUS WITH GARLIC, PARMESAN, & LEMON

OVEN ROASTED ASPARAGUS WITH GARLIC, PARMESAN, & LEMON

It’s easy to make oven roasted asparagus and everybody loves this simple, but flavorful take on one of the best Spring vegetables!

Asparagus is one of my favorite vegetables, especially in the spring. We often eat it prepared simply with just a little olive oil, salt and pepper. But I LOVE the lemon, Parmesan, and garlic flavors in this version and if you take just an extra minute or two to grate some fresh Parmesan, mince a couple cloves of garlic, and juice a lemon, you can have an impressive and incredibly flavorful oven roasted asparagus side dish that is perfect for a holiday dinner or even just your typical weeknight meal. It goes wonderfully with pan seared steaks, roasted chicken, or grilled whole fish.

This oven roasted asparagus would be perfect alongside your ham, cheesy potatoes and knotted orange sweet rolls for Easter dinner. And any leftovers are delicious the next day as well, either eaten cold in a salad, over eggs at breakfast or just reheated.

Oven Roasted Asparagus with Garlic, Parmesan, & Lemon is a quick and easy side dish that is especially delicious in Springtime when asparagus is in season!

Ingredients

1 bunch asparagus
3-4 tablespoons olive oil
Kosher salt & freshly ground black pepper, to taste
2 cloves garlic, minced
3 tablespoons freshly grated Parmesan cheese
Juice of 1/2 a lemon

Instructions

Heat oven to 425 degrees.

Wash the asparagus and trim the bottom inch of so of each stalk to get rid of the tough, fibrous part. A good way of telling where you should cut is to bend one stalk of asparagus toward the bottom until it snaps off. Then lay it next to the rest of the asparagus and cut them all to be the same length.

Pat the asparagus dry and spread it out in a single layer on a baking sheet. Drizzle with the olive oil and sprinkle generously with kosher salt and freshly ground black pepper. Give the asparagus a toss to coat it evenly in the olive oil and seasoning, then roast it in the oven for 8 to10 minutes, depending on thickness, just until tender.

Remove from the oven and sprinkle with the garlic, Parmesan cheese, and lemon juice and give it another toss before serving.

Recipe Source:houseofnasheats.com

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