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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!

CRISPY SALMON FISH TACOS

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Thankfully, living in Southern California means that I’m never far from a fish taco. But if I was, life would still be a-ok because fish tacos are one of the easiest things on the planet to make.
Fresh Copper River Salmon fish tacosSave

I don’t mean the naked kind, a.k.a the “grilled” fish taco. I’m talking about the crunchy beer battered fried taco, which I know is probably not as healthy as the grilled version, but lives can be changed when you bite into that crispy batter and the hot flaky fish hits your tongue. When I saw some Copper River Salmon at my local Costco going for an awesome price, I threw some in the cart stat! Normally I’d use halibut for fish tacos but salmon tastes just as good, and it’s packed with healthy oils which probably sadly vanish when it hits the fryer. But remember the crispy batter guys, that’s all we need to focus on right now, crispy crunchy batter.
Beautiful Copper River Salmon with avocado and tortillasSave

The other ingredients couldn’t be simpler.
Tortillas – corn and charred.
Cilantro – fresh and lots of it.
Avocado – because it’s California!
Leafy greens – because we still want to be healthy and balanced. (Who are we kidding, the crispy crunchy batter cancels that out!)
So how does fish tacos once a month sound? Just one or two…maybe three because those tortillas are on the dinky side.
Battered salmon fish tacosSave

MORE INCREDIBLY DELICIOUS FISH TACOS FROM PEOPLE WHO THINK LIKE ME!

Tori Avey- Crispy Panko Fish Tacos
The Beeroness- Fish Tacos with Pomegranate Guacamole
The Food Charlatan- Beer Battered Fish Tacos

CRISPY SALMON FISH TACOS 

COURSE: MAIN COURSE

CUISINE: AMERICAN

PREP TIME: 30 MINUTES

COOK TIME: 2 MINUTES

TOTAL TIME: 32 MINUTES

SERVINGS: 6

CALORIES: 335 KCAL

AUTHOR: FOODNESSGRACIOUS
Crispy beer battered salmon tacos with fresh greens and avocado sour cream.

INGREDIENTS

  • 1 quart canola oil
  • 1 avocado peeled and halved
  • 1/2 cup sour cream
  • 1 pinch ground cumin
  • Pinch of Salt and black pepper
  • 1 cup all purpose flour
  • 1 cup good quality beer I prefer darker beers for my batter but you can use anything
  • 1/2 -3/4 pound fresh skinless salmon
  • 1 leaves bag chopped romaine lettuce
  • 3/4 cup fresh chopped cilantro
  • 6 white corn tortillas *see notes*small size

INSTRUCTIONS

  1. Heat the oil slowly in a deep pot until it reaches 380 degrees, measured using a thermometer.
  2. Place one half of the avocado into a blender.
  3. Add the sour cream, cumin, salt, and pepper
  4. Blend until smooth and set aside.
  5. In a bowl, combine the flour and the beer and whisk until smooth like pancake batter. You may need to add a little more beer if needed.
  6. Cut the salmon into strips about 2 inches long. You should get about 9-10 pieces.
  7. Once the oil is at the correct temperature, place a large plate lined with paper towel close by.
  8. Dip the fish into the batter and then gently drop into the hot oil. You may need to do 2-3 pieces at a time to prevent the oil boring up too high.
  9. Cook the fish for about 1 minute per side or until the batter is golden brown.
  10. Keep an eye on the oil temp as it'll fall when you add the salmon.
  11. Transfer to the paper towel to drain and repeat until all of the fish has been cooked.
  12. Once all of the fish has been fried, season lightly with more salt and pepper.
  13. Place some of the romaine on top of a tortilla and top with a piece of fish.
  14. Slice the remaining avocado and top each fish taco with a slice of avocado.
  15. Drizzle some of the sour cream over the tacos and garnish with lots of chopped cilantro.
  16. Serve at once.

RECIPE NOTES

You can char your tortillas over a gas flame. They will burn fast so don't walk away and use a pair of tongs to turn them over when each side has started to become black around the edges.
Nutrition Facts
Crispy Salmon Fish Tacos
Amount Per Serving
Calories 335
* Percent Daily Values are based on a 2000 calorie diet.

 more recipes @ foodnessgracious.com

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