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!

NEPALI CAULIFLOWER AND POTATO CURRY (CAULI ALOO)

Nepali cauliflower and potato curry is called cauli aloo.
Curries of all types are very popular in Nepal and cauliflower with potatoes is a favorite.
This could be made in a pressure cooker if you have one.
This recipe is a dry aloo meaning the cauliflower and potato will release their water while being cooked so you end up with a tender bite that is not mushy.
It is a lovely recipe that is spiced up with cumin, fenugreek, turmeric and chili.
A wonderful side dish for our Nepali feast.





Nepali Cauliflower and Potato Curry (Cauli Aloo)



A perfect Nepalese vegetarian dish with tons of flavor.
Course Side Dish
Cuisine nepali
Prep Time 20 minutes
Cook Time 20 minutes
Total Time 40 minutes
Servings 4
Calories 49 kcal



Ingredients1 large cauliflower cut into florets
1 medium potato peeled and cubed
¼ cup green peas frozen is fine
1 tablespoon canola oil
¼ teaspoon fenugreek seeds
¼ teaspoon cumin seeds
½ teaspoon turmeric powder
2 teaspoon cumin powder
¼ teaspoon chili powder
1 chili pepper finely chopped
1 " of ginger Peeled and minced
1/2 teaspoon salt & pepper to taste
¼ +/- as needed water
cilantro for garnish

InstructionsIn a large pot, heat oil over medium heat.
Add fenugreek and cumin seeds until it pops and is fragrant.
Add potatoes to the pot and allow it cook halfway stirring it every minute or so to prevent it from sticking.
Add turmeric powder to the pot and cook for another minute or two.
Add cauliflower to the pot and add the remaining ingredients - green peas, cumin powder, chili powder, ginger, salt, pepper and mix well.
Lower the heat to low, cover the pot and allow it cook for 3 minutes.
After that open the lid and gently shake the pot. If you see water being released, continue to cook it uncovered for a minute or so.
If there is no liquid, add about ¼ cup water, cover the lid again and cook for additional 3-5 minutes stirring occasionally
Taste and adjust seasonings
Turn off the heat once cauliflower is fully cooked, it should be tender but not mushy.
Garnish it with chopped cilantro.


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