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!

Mexican Shrimp Cocktail Recipe

Mexican Shrimp Cocktail is more than just an appetizer. With meaty shrimp, creamy avocado, vegetables and a flavorful tomato sauce, this could be enjoyed as lunch or dinner. This recipe takes less that 20 minutes to prepare and is Gluten Free, Dairy Free, Keto, Low Carb, Paleo, Whole 30 friendly.


How To Make Easy Mexican Shrimp Cocktail Recipe

Shrimp cocktail is one of those foods that are just fun, flavorful and super simple to make. This Mexican version adds even more flavors and always reminds me of vacationing in Mexico. A sandy beach, cold margarita and we are transported to an imaginary beach vacation in the middle of winter!


Like I said, this is so easy to make. Just boil the shrimp, prep the ingredients, mix together and enjoy. Mexican Shrimp Cocktail is great for lunch, dinner or as a party food. It can easily be portioned out for meal prep or for feeding a crowd.


What goes in Mexican Shrimp Cocktail?
Shrimp
Celery
Jalapeno
Cucumber
Avocados
Cilantro
Onion
Limes
Orange
Tomato Juice
Tomato Sauce
Garlic
Hot Sauce

How do you cook raw shrimp for shrimp cocktail?

Bring water to a boil in a large pot. Drop shrimp in boiling water and boil until shrimp curl into a loose ‘C’ shape. Cooking time depends on size of shrimp.


Drain and transfer shrimp into bowl with ice or run under cold water.


How To Eat Mexican Shrimp Cocktail:

I like to eat it as is. It is also fantastic over rice, with warm tortillas, tortilla chips or on any preferred grains.







Mexican Shrimp Cocktail Recipe



Prep Time
10 mins
Cook Time
10 mins
Total Time
20 mins



Mexican Shrimp Cocktail is more than just an appetizer. With meaty shrimp, creamy avocado, vegetables and a flavorful tomato sauce, this could be enjoyed as lunch or dinner. This recipe takes less that 20 minutes to prepare and is Gluten Free, Dairy Free Keto, Low Carb, Paleo, Whole 30 friendly.

Course: Appetizer, Main Course
Cuisine: Mexican
Keyword: shrimp
Servings: 6
Calories: 293 kcal



Ingredients

2 Lbs Jumbo Shrimp
2 Celery Stalks (sliced thin)
1 Jalapeno (seeded, finely chopped)
1 Cucumber (chopped)
2 Avocados (peeled, pitted, chopped)
2 Handfuls Fresh Cilantro (chopped)
1/2 Small White or Yellow Onion (finely chopped)
2 Limes (juice & zest)
1 Orange (juice & zest)
11.5 ounce Can Tomato Juice
1/2 Cup Tomato Sauce
2 Garlic Cloves (grated)
Favorite Hot Sauce (to taste)
Salt/Pepper (to taste)


Instructions
Bring large pot of water to a boil. Add shrimp and boil until shrimp curl into a loose 'C' shape and are cooked through. Time will vary depending on size of shrimp. Drain and transfer to ice or run under cool water. Cut shrimp into bite sized chunks.

In large bowl combine shrimp, celery, jalapeƱo, cucumber, avocado, cilantro and onion.

In separate bowl combine lime juice, orange juice, tomato juice, tomato sauce, garlic, hot sauce, salt and pepper. Pour into shrimp mixture and stir.

Chill for 1+ hour then serve.

Recipe Notes
For strict Keto: swap the orange juice for extra lime juice



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