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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!

Super Duper Easy Meatloaf

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Super Duper Easy Meatloaf

An easy weeknight-friendly meatloaf recipe that takes just minutes to put together and 45 minutes to bake. This has become a go-to recipe for our family!

This Super Duper Easy Meatloaf recipe just takes just a few minutes to put together, 45 minutes to cook and VOILA! A satisfying, comfort meal after a long day. The perfect weeknight meal. Your whole kitchen will smell amazing as well!

The sauce on the top isn’t just plain ol’ ketchup. Well, there is ketchup, but it features a secret ingredient – ground mustard! The ground mustard gives the sauce an incredible kick. Once it starts to cook in the oven, it will fill your kitchen with a wonderful aroma that will have your family checking in every 5 minutes saying “Is dinner ready yet???”

First preheat your oven to 375 degrees F.

Simply toss your meatloaf ingredients (1 1/2 pounds of ground beef, 1 egg, 1 teaspoon of garlic powder, salt and pepper, 1 small diced onion, 1 cup of oats and 1 cup of panko breadcrumbs) into a mixer bow

Set your stand mixer to “Low” and mix only until all of the ingredients are well incorporated; this should take only about 20 – 30 seconds.

Using a stand mixer will help you ensure that all of the ingredients are mixed very well together. You can certainly also use your hands to mix these ingredients. If you do, I recommend using disposable gloves to keep your hands clean.

Transfer the meat mixture into a loaf pan.

I highly recommend using a meatloaf set. It makes it so much easier to get the meatloaf out of the pan. Plus, it drains a lot of the fat while it cooks. I use this one and I LOVE it: Chicago Metallic Non Stick Healthy Meatloaf Set.

In a small bowl, mix 1 1/2 cups of ketchup, 1 1/2 teaspoons of Worcestershire sauce and 2 teaspoons ground mustard. Set aside about 1/2 a cup of the sauce if you’d like some dipping sauce on the side.

Pour the rest of the sauce on to the meatloaf and spoon it evenly throughout the top of the meatloaf.

Bake it at 375 degress F for 45 minutes.

Let the meatloaf rest for about 10 minutes before you transfer it to a serving dish.

Serve with your favorite side dish! Enjoy!

Super Duper Easy Meatloaf
Course Main Course
Cuisine American
Prep Time 10 minutes
Cook Time 45 minutes
Total Time 55 minutes
Servings 6 people
Calories 84 kcal

Ingredients
Meatloaf
  • 1 1/2 lbs ground beef
  • 1 egg
  • 1 teaspoon garlic powder
  • 1/2 teaspoon ground black pepper
  • 1 teaspoon salt
  • 1/2 small onion diced
  • 1 cup oats
  • 1 cup panko breadcrumbs
Sauce
1 1/2 cups ketchup
2 tablespoons Worcestershire sauce
2 teaspoons ground mustard
US Customary - Metric

Instructions
  1. Preheat oven to 375 degrees F.
  2. Mix ground beef, egg, salt and pepper, garlic powder, onion, oats, and breadcrumbs in a mixer (You can also mix this by hand but it's so much easier using a KitchenAid!)
  3. Put meat mixture in meatloaf pan (or a regular loaf pan).
  4. In a separate bowl, combine ketchup, Worcestershire sauce and ground mustard. Mix well. 
  5. Set aside about 1/2 a cup of the sauce for dipping if you wish. Pour the rest of the sauce on to the meatloaf and use the back of a spoon to spread it evenly throughout the meatloaf's surface.
  6. Bake for 45 minutes.
  7. Enjoy!!
Nutrition Facts
Super Duper Easy Meatloaf
Amount Per Serving
Calories 84Calories from Fat 36
% Daily Value*
Total Fat 4g6%
Saturated Fat 1g5%
Cholesterol 40mg13%
Sodium 227mg9%
Potassium 105mg3%
Total Carbohydrates 5g2%
Sugars 2g
Protein 4g8%
Vitamin A1.8%
Vitamin C0.9%
Calcium1%
Iron3.9%
* Percent Daily Values are based on a 2000 calorie diet.
more recipes @ https://www.wokandskillet.com

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