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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!

Oven Baked Garlic Parmesan Potato French Fries

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Oven Baked Garlic Parmesan Potato French Fries Recipein 
Healthy fries? You’ve got it! These garlic Parmesan potato fries taste amazing, and they are baked, not fried! Golden brown, crispy and so full of flavor, this recipe is a must-make!

Healthy fries is not an oxymoron! These BAKED garlic Parmesan potato fries are so delicious, this recipe almost seems too good to be true! You don’t have to FRY the fries to make them crispy and yummy. In fact, I don’t even own a deep fryer – the oven can do an amazing job browning and crisping the fries if you use the right technique!
These baked fries are truly loaded with flavor. Salt, pepper, garlic, grated Parmesan and Italian seasoning – mmmmm! Biting into one of these oven fries is like a flavor explosion! I love baking things with garlic and Parmesan – you just can’t go wrong with this combo   I have other oven baked recipes that use similar technique – check out garlic Parmesan zucchini fries, Parmesan cauliflower and Parmesan-crusted salmon. Yes, when I find something that works so well, it’s hard not to go overboard 
How To Make Baked French Fries
Making these oven-baked Parmesan fries is super easy! And cutting the potatoes into fries is super-easy too – you don’t need to have superb knife skills or a special slicing machine! You will laugh when you learn of my potato slicing trick below 
  1. Slice the potatoes. To slice the potatoes into fries shape, you just cut them into eights lengthwise. That’s it! No fancy shapes, no potato matchsticks, no nonsense! Yes, these are fairly large fries that are really potato wedges – so what, that’s a “chef’s special” home fries 
  2. Dry the potatoes with the paper towel to absorb all excess moisture. This will help the baked fries be crispy, not soggy!
  3. Put the potato fries in a bowl and toss with olive oil, then toss with grated Parmesan cheese so they are evenly coated on all sides.
  4. Spread the fries on a parchment-paper-lined baking sheets in a single layer, so the fries are not touching each other. Sprinkle with salt, pepper, garlic powder and Italian seasoning.
  5. Baked in a pre-heated 425F oven to 30 minutes, or until the fries are golden-brown.
  6. Sprinkle the baked fries with remaining Parmesan cheese.
There you have it – crispy, delicious and healthy oven-baked french fries! Serve these fries immediately for maximum crispness. Enjoy!
Crispy Baked Garlic Parmesan Potato Fries
These Parmesan garlic french fries are amazing! They are so addictive, you just can't stop eating them! Best of all, they are BAKED in the oven, not fried! Yes, yummy and healthy french fries - that's a must-make!
Author: MelanieCooks.com
Recipe type: Side Dish
Cuisine: American
Serves: 4 servings

Ingredients
  • 4 russet potatoes, peeled
  • 2 tbsp olive oil
  • 1 tsp salt
  • ½ tsp pepper
  • 1 tsp garlic powder
  • 2 tsp Italian seasoning
  • ½ cup grated Parmesan cheese, divided

Instructions
  1. Preheat the oven to 425F. Line a baking sheet with parchment paper.
  2. Cut a potato in half lengthwise. Then cut each half in half lengthwise (so you have potato quarters). Then cut each quarter of the potato in half lengthwise again (so you have potato eighths, which are in the shape of large fries). Repeat with the remaining potatoes.
  3. Take a large piece of paper towel and blot the potato fries on all sides so they are completely dry (wet potatoes will result in soggy fries).
  4. Put the dry potatoes in a bowl and pour olive oil over them. Toss with your hands so the potatoes are completely coated with olive oil on all sides.
  5. Add ¼ cup of Parmesan cheese to the potatoes, and toss with your hands so the potatoes are evenly coated with Parmesan cheese.
  6. Put the potatoes on a baking sheet in a single layer, so the fries are not touching. If there is not enough room, use another baking sheet.
  7. Sprinkle the fries with salt, pepper, garlic powder and Italian seasoning.
  8. Put the fries in the oven and bake for 30 minutes, or until golden-brown.
  9. Remove the fries from the oven and sprinkle with remaining Parmesan cheese. Serve immediately.


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