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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!

Crispy Potato Roast

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The crispy potato roast with thinly sliced and seasoned potatoes – A beautiful and unique way to serve potatoes – great for holidays, or to make a regular day feel like one.
Just take a minute to stare at the Crispy Potato Goodness in the picture above. I am a huge potato fan and these just look stunning! YEP, they are as good as they look, if not better!

I know that some of you probably will give me the stink eye (which translates to, sure, they’re tasty and fulfilling, but you’d never really describe roasted potatoes as “exciting). Never, that is, until now.
If you think you’ve had roasted potatoes before, you have seen but through a mirror dimly because the thin top of each slice turns gorgeously golden brown and crisp while the rest of the slice stays soft, buttery and warm.
And did I mentioned bacon ?? ( Everything is always better with bacon, right? ) Yes, this recipe calls for a bacon too, a crispy, salty bacon.  So, are you ready to slice some potatoes and top with some sweet, sweet bacon bits ??

INGREDIENTS : 

  • 3.5 pounds russet potatoes
  • 1 small onion or 4 shallots, peeled and sliced very thin
  • 3 tablespoons unsalted butter, melted
  • 3 tablespoons extra-virgin olive oil
  • Kosher salt
  • ½ teaspoon pepper
  • 4 - 6 fresh thyme sprigs or leaves
  • 3 ounces bacon, cubed



INTRUCTIONS : 

  1. Preheat oven to 375 degrees.
  2. In a small bowl, combine melted butter and oil.
  3. Brush bottom of a 9-10 inch baking dish with some butter and oil mixture. Set aside.
  4. Peel the potatoes. slice each potato very thinly(as thin as possible) crosswise using a sharp knife or mandoline, keeping the potato intact as you proceed.
  5. * Keep the slices together as you cut them so that you can arrange them easily in the dish.
  6. Place the potatoes vertically in the prepared baking dish.
  7. Wedge onion or shallot slices throughout potato slices - in about 3 or 4 sections of each potato.
  8. Sprinkle with salt and pepper flakes.
  9. Brush with the remaining butter and oil mixture.
  10. Bake for 1 hour and 15 minutes uncovered.
  11. If you find at anytime throughout baking that the potatoes are too dry, a little of the olive oil/butter from the bottom of the baking dish can be brushed on the slices.
  12. While potatoes are baking, fry bacon over a medium high heat until crisp.
  13. Remove with a slotted spoon and drain on paper towel. Set aside.
  14. Remove potatoes from oven.
  15. Add bacon bits by scattering around throughout the potatoes.
  16. Lay the thyme sprigs/leaves on top of potatoes.
  17. Bake for an additional 35 minutes or until potatoes are cooked through with a crisped top.
  18. If it seems to brown too fast, cover it with foil to slow it down.
  19. Remove from oven.
  20. Sprinkle on a little more kosher salt. Serve immediately.


Recipe Adapted From Crispy Potato Roast

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