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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!

HEALTHY BREAKFAST COOKIES

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These healthy breakfast cookies are naturally sweetened with honey & full of good for you ingredients like whole wheat flour, orange, & old fashioned oats!
Ok. So I’ve been doing a lot of dessert recipes lately. First, it was the blog’s birthday, so I haaaad to celebrate with Funfetti Cheesecake. Then, because I was craving cinnamon rolls, I haaaad to make Nutella Cinnamon Rolls 3 Ways. Then I had an overload of apples, so I just haaaad to make Caramel Apple Dessert Pizza AND Salted Caramel Apple Bars.

I mean. I just had to. You get it.

And tomorrow, I’m going to show you how to use up all that leftover Halloween candy you’re all going to have this weekend.

Today, however, I’m taking my love for sweet things, and turning it into a much healthier treat with these healthy breakfast cookies.

Yep! You get to eat cookies for breakfast and any day you get to do that is a really good day.

These healthy breakfast cookies are very, very lightly sweetened with honey and full of wholesome ingredients like freshly squeezed orange juice, whole wheat pastry flour, and old fashioned oats!

These healthy breakfast cookies are naturally sweetened with honey & full of good for you ingredients like whole wheat flour, orange, & old fashioned oats!

Ingredients
  • 2 tablespoons  coconut oil melted and cooled slightly
  • 1/3 cup  honey
  • 1 large  egg room temperature
  • 1 tablespoon  freshly squeezed orange juice
  • 1 teaspoon  vanilla extract
  • 1/2 cup  whole wheat pastry flour
  • 2 teaspoons  cornstarch
  • 1/2 teaspoon  salt
  • 2 teaspoons  cinnamon
  • 1/2 tablespoon  orange zest
  • 1 teaspoon  baking soda
  • 1 1/2 cups  old fashioned oats
  • 1/4 cup  craisins
  • 1/4 cup  unsalted peanuts feel free to sub with a different nut
  • 1/4 cup  Unsweetened flaked coconut

Instructions

  1. Preheat oven to 350 degrees F and line a baking sheet with a silicone mat.
  2. Whisk together coconut oil, honey, egg, orange juice and vanilla until well combined. Set aside.
  3. Stir together whole wheat pastry flour, cornstarch, salt, cinnamon, orange zest, baking soda, and old fashioned oats until well combined.
  4. Stir the wet and dry ingredients together.
  5. Stir in craisins, peanuts, and flaked coconut until well combined.
  6. Using a cookie scoop, scoop cookies onto prepared baking sheet - you should end up with 12 cookies.
  7. Bake in preheated oven for 8-10 minutes.
  8. Remove from oven and let cool on baking sheet for 3 minutes.
  9. After 3 minutes, transfer to wire cooling rack to finish cooling
Recipe Source:showmetheyummy.com

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