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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!

SHEET PAN STEAK FAJITAS

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SHEET PAN STEAK FAJITAS
These Sheet Pan Steak Fajitas are so delicious and exceptionally easy to make! Tender seasoned flank steak with colorful onions and bell peppers all cooked together on just one sheet pan. This dinner is truly restaurant quality and you can have it on the table in about 30 minutes. It’s perfect for busy week nights but special enough to serve to company. Everyone is going to love these out-of-this-world steak fajitas! Serve them in a soft warm tortilla, corn or flour depending on your preference, with fresh avocados and sour cream. Yum!

My Sheet Pan Chicken Fajitas and Sheet Pan Shrimp Fajitas are some of our family’s favorite recipes, and I’m so excited to add these Steak Fajitas in our rotation. These are so good, I’ve already made them several times!

Start by preparing the seasoning blend, then divide the seasoning and use half to season the steak and half to season the veggies. The seasoning blend, combined with olive oil, fresh lime juice and a splash of soy sauce create a super charged marinade that flavors the meat while you are slicing the onions and veggies. The soy sauce is the secret ingredient that enhances the meaty flavor of the steak, you won’t taste it in the finished recipe.

If your steak is smaller than two pounds or especially thin, adjust the cooking time down and cut the onions and bell peppers thinner. For a thin flank steak, you can also put the veggies back under the broiler while the steak is resting to get a little extra cooking time if needed. Be sure to let the flank steak rest and cut against the grain when serving for the most tender results. Depending on the size of the flank steak, you may also want to cut the steak strips down the middle as well as horizontal.

Sheet Pan Steak Fajitas
Prep Time  10 mins
Cook Time 15 mins

Ingredients
  • 2 pound flank steak
  • 2 teaspoons of kosher salt
  • several turns of freshly ground pepper
  • 1 tablespoon of chili powder
  • 1 teaspoon of garlic powder
  • 1 teaspoon of onion powder
  • 1/2 teaspoon of ground cumin
  • 1 teaspoon of smoked paprika
  • 1 1/2 tablespoons of olive oil
  • 1 tablespoon of freshly squeezed lime juice
  • 1/2 tablespoon of soy sauce
  • 1 yellow bell pepper
  • 1 red bell pepper
  • 1 orange bell pepper
  • 1 small red onion
  • limes for garnish
  • fresh cilantro for garnish
  • tortillas warmed
Instructions
  1. Preheat oven to 450 degree.
  2. In a small bowl combine salt, pepper, chili powder, garlic powder, onion powder, cumin and paprika. Divide spice mixture in half.
  3. In a large plastic storage baggie, combine 1 tablespoon of olive oil, lime juice, soy sauce and 1/2 of spice mixture.
  4. Add steak to plastic storage baggie and turn to coat, let steak marinate at room temperature while slicing peppers and onions.
  5. Slice peppers and onions into 1/4 in slices.
  6. Add peppers and onions to sheet pan, drizzle with 1/2 a tablespoon of olive oil and sprinkle with remaining spice mixture, turning to coat.
  7. Move bell peppers and onions to outer edges of sheet pan and place steak in the middle.
  8. Cook at 450 degrees for 12-15 minutes, then broil on high for additional 2 minutes.
  9. Use a meat thermometer check for doneness. About 140 for medium rare to 150 for medium.
  10. IMPORTANT - for juicy and tender steak, let rest at least 10 minutes and cut against the grain.
  11. Sprinkle with fresh cilantro and a squeeze of fresh lime juice before serving.
  12. Tortillas can be wrapped in a foil packet and heated in the oven while steak is resting.
  13. Serve fajitas in warm tortillas with avocado and/or sour cream.
Nutrition Facts
Sheet Pan Steak Fajitas
Amount Per Serving (4 g)
Calories 0
* Percent Daily Values are based on a 2000 calorie diet.

These Steak Fajitas make great leftovers too! I store the steak and veggies together in the fridge, then reheat on the stove top over low heat.

For even more dinner ideas, check out these easy dinner recipes!

more recipes @ https://www.number-2-pencil.com

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