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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!

Grilled Cheese Breakfast Sandwich

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A delicious alternative to the traditional Grilled Cheese Sandwich. Grilled Cheese Breakfast Sandwich is filled with cream cheese and strawberry preserves in this sweet and savory combination. You’re going to want to make this stat!
Let me tell you, I am tired! Stressed!
I’m so glad it’s Friday.
Can I have that martini intravenously?
The problem is saying ‘No’.
It’s a common characteristic of Motherhood.
We feel it’s our duty to take care of and make everyone happy.
I over filled my plate!
It stresses me.
And, on a completely different note, Ryder had a pair of underwear in his backpack.
They were his, I recognized them.
Yes, I checked to see if he had underwear on.
He did.
Strange. Mysterious. Scary!!
On to the sandwich — Grilled Cheese Breakfast Sandwich
I don’t know how or when I started making this Grilled Cheese of sorts.
It’s been a very long time.
I love grilled cheese sandwiches. I love cream cheese.
Grilled Cheese Breakfast Sandwichseems with sweet jam and cream cheese was like the perfect marriage.
This Grilled Cheese Breakfast Sandwich is a great breakfast treat, or a quick snack anytime of day.
Added bonus: easy enough the kids can make!

Grilled Cheese Breakfast Sandwich from callmepmc.com a sweet and savory grilled cheese sandwich. This breakfast grilled cheese sandwich is the perfect combination of flavors!

Ingredients
  • 2 slices of bread for each sandwich, I like thick Texas toast* for this
  • 2 T softened cream cheese* for each sandwich
  • 1 T jelly*, your favorite flavor (I like strawberry or blackberry best)
  • butter* (about 1 T)

Instructions
  1. Heat a pan on med heat. Spread softened cream cheese on one side on both slices of bread. Spread jelly over cream cheese on one of the slices. Make a sandwich and press edges slightly to seal jelly inside. Spread butter on outside of bread slices. Grill about 2 minutes or until bread is golden, turn and toast the other side. Remove from heat, slice and serve immediately.

Notes
*You can lower the fat and calories in this by using light bread, low-fat cream cheese, low-calorie jelly, and little or no butter or replace butter with vegetable cooking spray.Recipe from Paula @CallMePMc.com All images and content are copyright protected. Please do not use my images without prior permission that includes copying the ingredient list or entire recipe and posting in the comments on Pinterest. If you want to share this recipe, please simply link back to this post for the recipe. Thank you, Paula

Recipe Source:callmepmc.com

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