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!

GOLDEN CAULIFLOWER CURRY WITH POTATOES

Cauliflower curry with potatoes is one of my favorite SPICY dry curry meals: it’s a fast and easy one pan/one-pot 30minutes dinner with delicious Indian-inspired flavors. What’s more, it’s also vegan and gluten-free!


This cauliflower curry is irresistibly spicy with lots of curry powder and a good pinch of cayenne. It’s one of my favorite Indian stovetop dinners and I just love eating this.


This delicious cauliflower curry matches all of those criteria. It takes about 15 minutes for prep work (chopping up the potato and cauliflower) and another 15 minutes for sautéing. Fast. Easy. And I love how it’s gluten-free for those with gluten sensitivities and also vegan so it’s very accessible for everyone.

Golden cauliflower curry with potatoes Recipe
Cauliflower curry with potatoes is one of my favorite spicy dry curry meals: it’s a fast and easy one pan dinner with delicious Indian-inspired flavors.



Ingredients

  • 3 cups cauliflower florets separated into 1 inch pieces (about half a head of cauliflower)
  • 2 cups potatoes peeled and cubed into 1/2 inch pieces (about 1 Russet potato)
  • 3/4 cup frozen peas
  • juice from half a lemon
  • 3 teaspoons curry powder
  • 1/2 teaspoon cayenne
  • 1 teaspoon salt
  • 3 tablespoons canola oil
  • 3 tablespoons water

Instructions

  1. Heat cooking oil in a 3 quart saute pan over medium heat. Add the potato cubes, sautéing for a minute. Add the cauliflower and sauté for another minute. Then add the curry powder, cayenne powder, salt, and water. Stir well.
  2. Reduce the heat to medium-low. Cook covered with a lid until the cauliflower is soft and cooked through, about 10 minutes.
  3. Uncover the pan. Add peas. Turn the heat to medium-high. Cook and stir until the peas are cooked, about 2 minutes. The potato and cauliflower should look dry and nicely curried. Remove from heat. Squeeze lemon juice over the pan. Serve immediately.

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