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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!

BAKED HAM AND CHEESE ROLLUPS

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These Baked Ham and Cheese Rollups, are an easy appetizer or dinner recipe that tend to always be a crowd favorite. They are made with crescent dough, Boar’s Head SmokeMaster™ Black Forest Ham, and swiss cheese, then topped with a delicious mustard glaze.
Raise your hand if you’re a fan of smoked ham! {If you didn’t raise your hand, you should probably leave. Crazy.} When Zach and I had been married for 4 weeks, we packed up all of our things and headed from our known, loved, and familiar home of Utah and headed east to none other, than Montgomery, Alabama for Zach’s training as a new officer in the US Air Force. To say it was a culture shock would be an understatement, but it was also 6 of the best weeks of our life! We met so many great people, saw so many fun things, and the best part – ate so much amazing food! If you haven’t visited the land of the south, you must know that they know how to smoke their stuff. Almost every restaurant you walked into, smelled like smoked bacon. If that isn’t heaven, I don’t know what is.

These Baked Ham and Cheese Rollups, are an easy appetizer or dinner recipe that tend to always be a crowd favorite. They are made with crescent dough, Boar’s Head SmokeMaster™ Black Forest Ham, and swiss cheese, then topped with a delicious mustard glaze.

Ingredients
  • 1 tube crescent dough sheet
  • 3/4 lb. Boar’s Head SmokeMaster™ Black Forest Ham thinly sliced
  • 12 slices swiss cheese thinly sliced
  • 1/2 cup butter melted {I use salted}
  • 1 Tbsp. poppyseeds
  • 1 & 1/2 Tbsp. yellow mustard
  • 1 Tbsp. dried minced onion
  • 1/2 tsp. Worcestershire sauce

Instructions
  1. Preheat oven to 350ºF and grease a 9x13 inch baking dish with cooking spray.
  2. Roll out your crescent dough and and press into an approximately 13x18 inch rectangle. Top with ham and cheese.
  3. Starting on the long side, roll the dough up tightly. Pinch the ends together and place with the seam facing down. Cut into 12 pieces.
  4. Place your rollups in your baking dish, evenly spaced.
  5. Meanwhile, in a small bowl, combine the butter, poppyseeds, mustard, onion, and Worcestershire sauce. Pour the sauce evenly over the rollups.
  6. Bake, uncovered, for 25 minutes until lightly browned.

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