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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!

Oma's Cabbage Rolls Recipe

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This cabbage rolls recipe is SO German. Stuffed with meat and served with a brown gravy, this really is a family favorite ... a great German food! These Kohlrouladen are the ones I grew up with. Meat and just meat fills these. No rice. No tomato sauce to dilute the great meat/cabbage flavours! Just great cabbage taste with a wonderful gravy!


Check below the recipe for detailed help and pictures. It'll show how easy it is to make this very traditional German cabbage rolls recipe! There are several ways to separate those leaves from the cabbage. For me, I just use my big stock pot.


I have to admit that when I make soups, even following my own recipes, I usually double, triple, or even quadruple the recipe!

Why?

Because we love soups! And, because they're so wunderbar, hubby LOVES leftovers.

So, I need and use a HUGE stock pot for this. It's easily the most used pot in my kitchen.

In fact, with it's high sides, I often use it when I'm browning meat in order to minimize the splattering all over my stove. Multi-purpose. Perfect for me! Just think how many rouladen or cabbage rolls you can braise in here!




Oma's German Cabbage Rolls Recipe ❤️



Ingredients:1 medium to large head green cabbage (about 3 lb)
1 lb ground lean beef
1 lb ground pork
2 eggs
1 small onion, finely chopped
½ cup bread crumbs
1 tsp salt
1 tsp Montreal steak spice (optional ... see hints below!)
½ tsp pepper
about 2 Tbsp oil and 2 Tbsp butter
about 2 cups beef broth
about 1 - 2 Tbsp corn starch


Instructions:Prepare cabbage head by removing the stalk. Cook head in a large pot of boiling, salted water for about 10 minutes until the leaves loosen. Remove leaves. (Use remainder of cabbage for another meal.)
Prepare meat mixture by mixing together the beef, pork, eggs, onion, bread crumbs, salt, steak spice and pepper.
Put about 1 heaping Tbsp meat mixture on end of cabbage leaf. Roll up tightly, tucking in sides. Fasten with a wooden toothpick.
In a large saucepan, over high heat, add oil and butter. In batches, carefully brown cabbage rolls on all sides. When all have been browned, return all cabbage rolls to pan and add beef broth so that the liquid almost covers the rolls.
Simmer gently for about 1 hour.
Carefully remove cabbage rolls unto a platter, removing the toothpicks. Keep rolls warm while you make the gravy.
Mix corn starch with a bit of cold water. Add as much as needed to the liquid in the saucepan until it is the desired consistency. Season with salt and pepper if needed.
Serve cabbage rolls with potatoes (boiled or mashed) and a green salad on the side.


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