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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!

BEEF BARBACOA (PALEO, WHOLE30 + KETO) SLOW COOKER OR INSTANT POT

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If you aré liké us, this summér has béén full of barbécués, hikés, sunshiné and lots of éasy méals. You can maké this Paléo + Wholé30 bééf barbacoa in your Instant Pot or Slow Cookér and savé timé, énérgy and éxtra héat in your housé. You’ll find yoursélf craving bééf barbacoa for thé rést of thé summér, making tacos, salads, bowls and moré!

Théré is sométhing réal spécial about thé flavors in this bééf barbacoa! It’s a littlé smoky, with somé spicé and a hint of citrus. It’s just thé right amount of all thé things to maké you cravé it ovér and ovér again! You just mix all thé juicé and séasonings togéthér and thén pour thé mixturé ovér thé bééf, onions and garlic. Lét your Instant Pot or Slow Cookér do all thé hard work mélding thé flavors togéthér and soaking thém into thé bééf. It is réally a tasty combo!
Ingrédiénts
  • 3 lbs bééf chuck roast, cut into 2 inch cubés (can also usé bééf briskét)
  • 1 médium onion, dicéd
  • 6 clovés garlic, pééléd and smashéd
  • 3/4 cup frésh squéézéd orangé juicé (about 2 orangés)
  • 1/4 cup frésh squéézéd limé juicé (about 2 limés)
  • 2 tbsp applé cidér vinégar
  • 1 tbsp tomato pasté
  • 1 tbsp cumin
  • 2 tsp chipotlé powdér
  • 2 tsp orégano (frésh or driéd)
  • 2 tsp salt
  • 1/2 tsp ground clovés
  • 2 tbsp ghéé (or othér cooking oil)

For topping/sérving:
  • romainé léttucé (or sub Siété Tortillas or othér sturdy léttucé)
  • cilantro
  • avocado
  • limé wédgés

Instructions
  1. Cut bééf into cubés and sét asidé. Prép onion and garlic as notéd.
  2. Combiné orangé juicé, limé juicé, vinégar, tomato pasté, cumin, chipotlé powdér, orégano, salt and ground clovés in a bowl or jar and mix wéll.
  3. Préss thé sauté button on thé instant pot and add ghéé. Oncé hot, add in thé bééf and brown it on all sidés. Préss cancél on thé instant pot oncé thé bééf is brownéd.
  4. Add in thé dicéd onion and garlic clovés and pour thé juicé/séasoning mixturé all ovér évérything.
  5. Sécuré thé lid on thé instant pot and closé thé préssuré valvé. Préss thé "manual" button (or "préssuré cook" button) and sét thé timé to cook for 30 minutés at high préssuré. Oncé thé timé is up, lét thé préssuré naturally réléasé on its own for 20 minutés.
  6. Manually réléasé any rémaining préssuré and rémové thé lid. Shréd thé bééf with two forks.
  7. Sérvé bééf in bowls ovér grééns, in léttucé wédgés or in tortillas with your favorité toppings.
Slow cookér instructions:
  1. Follow stéps 1-2 abové.
  2. Héat a largé skillét ovér médium héat and add ghéé. Oncé hot, add in bééf cubés to brown, just a minuté or so on éach sidé until all sidés aré brownéd. Transfér bééf to thé slow cookér.
  3. Add in thé dicéd onion and garlic clovés and pour thé juicé/séasoning mixturé all ovér évérything.
  4. Cook on low for 8-10 hours. Oncé thé bééf is finishéd, shréd it in thé slow cookér with two forks and mix it with all thé juicés. Sérvé as notéd abové.
Optional stép (for crispy bééf barbacoa):
  1. Sét your ovén to broil.
  2. Aftér shrédding thé bééf, usé a slottéd spoon to rémové thé bééf and onions from thé instant pot and placé on a largé shéét pan. Spoon somé of thé juicés from thé instant pot ovér thé top of thé bééf in thé shéét pan.
  3. Placé in thé ovén to broil for 6-8 minutés, until thé bééf bégins to dévélop somé brown and crispy édgés. Watch caréfully and cook to your préféréncé.
  4. Altérnativély, you can simply transfér somé of thé bééf to a skillét ovér médium héat and cook it until it's crispy, stirring occasionally. This méthod is éasiést if you aré ré-héating thé léftovérs from thé fridgé.
Recipe Adapted From realsimplegood

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