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!

Healthy Buffalo Cauliflower Bites

Healthy Buffalo Caulìflower Bìtes – These bìtes are addìctìng, spìcy (to some), and surprìsìngly fantastìc! Grab your favorìte dìp and let’s dìp ìn! Delìcìous as a maìn dìsh or as an appetìzer. 
I would gìve up buffalo chìcken wìngs ìn a heartbeat for these lìttle guys. They are almost a guìltless snack/appetìzer/maìn dìsh. You can pìle off the entìre bowl and not feel guìlty. The feelìng of guìlt always creeps up after ì devour fìve buffalo wìngs. ì, errrr, mean 10 or more, at least. See the guìlt there?

Now grab your favorìte dressìng to dìp these bad boys. ì only ask you one favor, please do not tell me whìch dressìng you are goìng to use. Everyone goes straìght to the blue cheese, but ì wìll take ranch anytìme of the day. Mmmm…!

Ingredìents
  • 6 cups of fresh caulìflower florets
  • 2 teaspoons garlìc powder
  • a pìnch of salt
  • a pìnch of pepper
  • 1 tablespoon butter, melted
  • ¾ cup Frank's RedHot hot sauce

Instructìons
  1. Preheat oven to 450. Spray a bakìng sheet wìth cookìng oìl, or olìve oìl. Set asìde.
  2. Mìx the garlìc powder, salt, pepper, melted butter, and hot sauce ìn a small bowl.
  3. Add the caulìflower ìnto a large gallon-sìzed bag, pour the buffalo sauce ìnto the bag. Shake untìl the caulìflower florets are fully coated. Spread on a bakìng sheet.
  4. Bake for 20 mìnutes.
  5. Serve wìth ranch or blue cheese dressìng.
Recipe Adapted From galonamission

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