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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!

BEST HERB ROAST POTATOES

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This is simply the best Herb Roast Potatoes Recipe. Picture Hasselback-style potatoes roasted till crispy on the outside and tender on the inside.



If I could have potatoes every day, I would. I just love them. And I am never picky!  Fried, roasted, mashed, boiled, stuffed, however. These best herb roast potatoes are one of my favorites. I bet if you try them, they’ll be your favorite too!


Best Herb Roast Potatoes Recipe
This is simply the best Herb Roast Potatoes Recipe. Picture Hasselback-style potatoes roasted till crispy on the outside and tender on the inside.



Ingredients

For the potatoes:

  • 2 lbs mini potatoes
  • 1/4 teaspoon salt
  • 1/4 teaspoon pepper
  • 1 tablespoon olive oil

For the herb butter:

  • 1/4 cup melted butter or a mixture of butter and olive oil, or entirely olive oil
  • 3 tablespoons mixed fresh herbs parsley, thyme, basil and oregano
  • 1 pinch of salt
  • 1 pinch of pepper
  • 1 pinch of red pepper
  • optional: lemon zest , capers, jalapeno, Parmesan cheese

Instructions

  1. Preheat the oven to 425 degrees F.
  2. Place each potato on a flat countertop. Take a small knife, slice along the potato thin slices of about 1/16 inch thickness making sure not to go all the way. Slice about half way deep only along the potato.
  3. Place the sliced potatoes on a parchment lined baking sheet and toss them evenly with salt, pepper and olive oil.
  4. Roast the potatoes in the oven for about 20-25 mins until tender on the inside and crispy on the outside.
  5. In the meantime, place all the butter ingredients in a small bowl and mix them well.
  6. Once the potatoes are out of the oven and still hot, take a brush or small spoon and divide the butter evenly on the tops, sides and inside each slice of the potatoes.
  7. Sprinkle with Parmesan cheese if desired.
TIPS FOR SUCCESS:

  • When slicing the potatoes, the easiest way to do so is to place your potatoes on a flat surface and hold it on one end. Take a small sharp knife and start slicing about 1/16th inch thin slices (or like 3-4 mm) making sure you don’t slice all the way to the end. Aim for just a little more than half the depth of the potato. When you reach halfway slicing through the potato, switch sides so that the sliced end is furthest away from you.
  • Before baking, these best herb roast potatoes will look like they need deeper slicing but don’t be tempted to that. The slices will open up or fan out during baking. Just give them a nice seasoning of olive oil, salt and pepper and they’re ready to bake.
  • Once the Herb Roast Potatoes are baked till crispy on the outside, and tender soft on the inside, and while they’re still hot out of the oven, take a spoon and place a bit of the butter mixture on the outside and inside of each slice to take them to a whole other level of roast potatoes!

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