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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!

EASY LOW-CARB CAULIFLOWER FRIED RICE RECIPE

Easy Low-Carb Cauliflower Fried Rice Recipe in a wooden spoon.
This Easy Low-Carb Cauliflower Fried Rice Recipe can be made in less than 15 minutes! It can be served by itself, as a quick lunch, or as a side dish. This recipe can be part of a low-carb, keto, gluten-free, dairy free, whole-30, Atkins, Paleo, or Banting diet.

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I’m all about easy meals right now–the kind of meals that practically cook themselves. I guess my need for easy cooking is because I’m in a transition phase right now. My world as I know it has fundamentally changed.

Harper, my daughter, companion, and co-founder of this blog, just landed in Haiti to begin her 6 month mission trip. My heart is filled with pride and breaking all at the same time.

Harper and I did everything together. We saved rescue ponies, raised baby chicks, and learn to milk a cow together. We cooked together and started this blog together. To say I will miss her is a huge understatement.

Still, I am proud that she is forging her own way. It is time for her to move on. I am grateful that she is giving back. She will learn and grow from this experience.

The thing that will be most difficult for me is that she won’t have cell service or wi-fi most of the time. I won’t be able to call or text her with my next big idea. As difficult as this is, I can’t imagine what parents who have children going into a war zone must feel.

Today, in between calling and texting Harper during her airport layovers, I made this dish one more time to get photos. What a great distraction! Besides, fried rice makes great comfort food!
Easy Low-Carb Cauliflower Fried Rice Recipe on a plate with chop sticks This recipe is based on a fried rice recipe taught to me by a friend in college. My friend didn’t use a recipe, just eyeballed everything. I find cauliflower fried rice even easier to make than regular fried rice. There’s no reason to make the rice separately. I just cook it in the pan with the other veggies.

I’ve made this rice with both fresh riced cauliflower and frozen riced cauliflower. Either works well. There is no reason to defrost the frozen cauliflower before using.

Pre-riced cauliflower is getting easier and easier to find. I guess all of us low-carb people are putting more pressure on supermarkets to carry products that work for us! Great job everyone! I even found it at my local rural grocery store, both in the produce department and in the frozen department. If you can’t find pre-riced cauliflower, you can rice it yourself with a grater or a food processor.

This Easy Low-Carb Cauliflower Fried Rice Recipe pairs well with Chinese food as well as simple entrees like this Easy Low-Carb Citrus-Ginger Grilled Chicken Kabobs or our Grilled Chili Lime Shrimp Kabobs. I find this fried rice makes a tasty, simple lunch by itself. With a bit of leftover chicken or shrimp tossed in, it can even serve as a main course. Enjoy!
Annissa

Easy Low-Carb Cauliflower Fried Rice Recipe in a wooden spoon.
5 from 16 votes
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Easy Low-Carb Cauliflower Fried Rice Recipe


This Easy Low-Carb Cauliflower Fried Rice Recipe can be made in about 15 minutes! It can be served by itself as a quick lunch, or as a side dish. This recipe can be part of a low-carb, keto, gluten-free, dairy free, whole-30, Atkins, Paleo, or Banting diet.

Prep Time 5 minutes
Cook Time 10 minutes
Total Time 15 minutes
Servings 4
Author Annissa Slusher

Ingredients

2 tablespoons butter, ghee, coconut oil, or olive oil
12 ounces riced cauliflower fresh or frozen
1/4 cup carrot finely diced (optional)
1 ounce green onion (about 2 large or 4 small) sliced, with white and green parts separated
2 cloves garlic crushed
1 large egg beaten
2 tablespoons gluten-free soy sauce or Tamari (more or less to taste)
1 teaspoon toasted sesame oil

Instructions

In a large heavy skillet or wok, melt butter or oil of choice over medium-high heat.

Add carrots and riced cauliflower. Cook, stirring occasionally, until vegetables begin to soften--about 5 minutes.

Stir in the white part of the green onions. Cook until vegetables are almost tender--about 2-3 minutes more. Add the garlic and cook for 1 minute.

Pour in the egg and stir it together with the vegetables. Cook, stirring the mixture frequently, until the egg is scrambled. This takes about 1-2 minutes.

Stir in the soy sauce and the sesame oil. Taste and adjust seasoning.
Recipe Notes
Serving size: 1/4 of the recipe
Per serving:
Calories: 114
Fat (g): 8
Carbs (g): 6
Fiber (g): 1
Protein (g): 4
Net carbs (g): 5


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