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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!

Keto Cheesy Mexican Taco Skillet

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Keto Cheesy Mexican Taco Skillet
This cheesy mexican taco skillet has is very similar to a recipe I used to make when I was in college. There are two distinct differences though, I don’t eat this version with a 2lb bag of tortilla chips, nor a 6 pack of Dos Equis. Nowadays I don’t always eat taco skillets, but when I do… it’s keto. 
I've talked about this in other posts, but it's very important to me to choose grass-fed pasture-raised beef over their conventionally raised counterparts. Grass-fed beef is higher in omega 3’s, has a better fat profile than standard beef, and a higher concentration of nutrients and antioxidants. By just doing a quick google search you can find that experts don’t necessarily agree that grass-fed is better you. It’s a complicated topic and it is important for me to stick with grass-fed beef, even if scientifically it’s not that much better for you, it’s definitely better for my tastebuds. Plus, I can probably do a google search and find research articles from a nutrition expert, saying the oreo diet is the secret to living to 100.
Several years ago (while on a pescatarian diet) I was feeling extraordinarily sluggish and constantly fatigued. I went to the doctor, had some bloodwork done, and it came back that my iron level was practically non-existent. I had some struggles overcoming the ethical implications of eating meat after that and there were supplements I could have taken to raise my iron level without reincorporating red meat back into my diet. Instead I wanted to focus on a whole food approach to wellness, and eating grass-fed beef was the best source for me. 

KETO CHEESY MEXICAN TACO SKILLET
This Keto Cheesy Mexican Taco Skillet is packed full of southwest flavors from onions, peppers, jalapeños, avocado, cilantro, and of course, ground beef and cheese. This is a great weeknight keto dinner!
Prep time: 5 mins
Cook time: 20 mins
Serves: 4

Ingredients:
  • 1 tablespoon FOC (I used lard)
  • 1 pound ground beef
  • 1/2 white onion, diced (95g)
  • 1/2 bell pepper, diced (100g)
  • 1 (4oz) can green chilis
  • 3 tablespoons taco seasoning
  • 2 roma tomatoes, seeded and diced (56g)
  • 12 ounces cauliflower rice
  • 1 cup shredded Mexican Blend Cheese
  • 1 avocado, diced, for topping
  • Sliced jalapeño, for topping
  • Sour cream, for topping
  • Cilantro, for topping
Instructions:
  1. Heat the oil in a large cast iron skillet over medium high heat. Once hot add in the beef and cook while crumbling with a wooden spoon until it starts to brown.
  2. Add in the onion, bell pepper, and taco seasoning and cook 3 minutes or until the onion and pepper starts to soften.
  3. Stir in the green chiles and tomatoes along with the cauliflower rice. Cook 5-7 minutes until most of the moisture has evaporated.
  4. Sprinkle with cheese and cover just until melted, about 2 minutes. Top with desired toppings and serve.
**Info listed is per serving and an estimate. We use PaleoTrack.com to calculate macronutrient content.



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