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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!

SALT AND PEPPER ZUCCHINI CHIPS

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Oh MY Goodness..

This Dehydrated Zucchini Chips Recipe is SO good.  Full of flavors, slightly spicy.  Amazing.

The ONLY downside.. the serving is so small.  Seriously, you have no idea how small that 1 1b of zucchini is going to get.  And you are not going to want to share.. lol.  Basically this recipes makes one nice sized serving for one person.. yep one.  But I am marking it 1-2 servings.
Couple of notes.

1. These have a nice peppery taste. If you are a big fan of salt and pepper chips you could even add more.  But be careful since they shrink down so much, a little goes a long way.
2. The olive oil is super yummy on them, but it’s greasy.  I did not actually try them with out the oil, but my guess is that they would be fine.
3. * You need to slice these VERY thin.  The tried a second batch on my mandoline slicer on the thicker blade.  I loved that it took less time to slice and took up less room in the dehydrator, meaning I could fit more in.  But those suckers would not get crisp.  They were in there about 10 hours and still were chewy.  So that did not work.

The mandoline is essential for making the thin slices you will need for this recipe.  If you try cutting the Zucchini with a knife they may take a lot longer in the dehydrator.

Ingredients
  • 1 lb (about 4 cups) thin sliced Zucchini*
  • 1/4 tsp salt
  • 1/4 tsp pepper
  • 1/2 tsp olive oil (this can be omitted)
  • 1 tsp apple cider vinegar

Instructions
  1. Note: I cut my zucchini on a mandoline slicer. I did both the thin and thick slices. The thin turned out much better and crispier.
  2. In a medium bowl whisk salt, pepper, olive oil (if used), and vinegar
  3. Add sliced zucchini
  4. Toss with the “dressing” to coat.
  5. Arrange slices on dehydrator trays
  6. Dehydrate at 135 degrees for 5-6 hours or until crispy
Recipe Source:frugallivingmom.com

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