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!

Black Bean Tacos with Avocado Cilantro Lime Crema



Black Bean Tacos with Avocado Cilantro Lime Crema

I know what most of you are probably thinking. Black bean tacos. BORING! My family was thinking the same thing until I made them these seriously delicious Black Bean Tacos with Avocado Cilantro Lime Crema. This is how you do black bean tacos! These are so easy to make, all you need to do is simmer the beans with some salsa along with a couple of Mexican spices for 5 minutes. While those are simmering, in a food processor you’ll combine the ingredients for that delicious avocado sauce and also warm up your tortillas. Then serve them along with the classic (American) taco toppings (I think the lettuce, tomatoes and cheese are a must then add a little Mexican hot sauce then add other veggies like corn or sauteed bell peppers if you’d like). And boom dinners ready! This is one of those easy dinners (about 25 minutes after chopping toppings and everything) that everyone will love!


Like I said my kids were disappointed when I told them we were having black bean tacos for dinner, they wanted our classic ground meat tacos for dinner. Then after one bite of these they were both like wow these really are so good! My one daughter said she even liked them better than the tacos we normally always have (the ground beef or turkey). So with that said we have a new regular taco to add to our rotation (they’d also make great tostadas, just buy the pre-made tostada shells by the tortillas at the store)! Even my meat loving husband really liked these tacos too and of course my mom and I loved them as well. So it was an all around healthy dinner win!


Black Bean Tacos with Avocado Cilantro Lime Crema

Yield: About 8 tacos

Ingredients
  • 2 (14.5 oz) cans black beans, drained and rinsed
  • 1 cup store-bought refrigerated tomato based salsa* or left-over homemade salsa
  • 1 1/2 tsp chili powder
  • 1 tsp ground cumin
  • Salt and freshly ground black pepper
  • 1/2 medium avocado
  • 1/2 cup plain Greek yogurt
  • 1 cup fresh cilantro**
  • 1 Tbsp lime juice , or more to taste
  • 1 clove garlic , pressed through a garlic crusher
For serving
8 warmed taco size yellow corn tortillas*** , shredded romaine lettuce, shredded Mexican blend cheese, diced tomatoes.

Instructions
  1. In a medium saucepan combine black beans, salsa, chili powder and cumin. Simmer mixture for about 5 -10 minutes, stirring occasionally. Slightly mash beans if desired.
  2. Meanwhile in a food processor pulse together avocado, Greek yogurt, cilantro, lime juice and garlic until cilantro is finely minced. Season with salt and pepper to taste (if you want the sauce thinner you can add in 1 Tbsp water).
  3. To assemble tacos, on each tortilla layer black bean mixture, avocado cilantro lime crema, lettuce, cheese and tomatoes. Serve immediately.
  4. *This can be found in the produce section or in the refrigerated latin foods section of the grocery store. If using homemade use one that includes tomatoes, onions, cilantro and garlic.
  5. **This is about the top 1/3 portion of one medium bunch of cilantro, so use mostly leaves and some stem.
  6. ***This is my preferred method for cooking corn tortillas for tacos (although those pictured were just warmed and browned with a flame). I brush the tortillas lightly with olive oil then cook them in a skillet over medium-high to medium heat until they begin to get golden brown spots on the bottom then flip and cook opposite side until lightly browned. I use two skillets to speed up the process.
Recipe source: adapted from The Garden Grazer
Nutrition Disclaimer

BERITA LENGKAP DI HALAMAN BERIKUTNYA

Halaman Berikutnya

Subscribe to receive free email updates: