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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!

Banana Chocolate Chip Energy Bites

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Wholesome rolled oats and ground flaxseed mixed with delicious almond butter, maple syrup, and a ripe banana to create the most scrumptious make-ahead energy bite.
You guys!! These banana chocolate chip energy bites are sooooo good! If you need a no-bake make-ahead snack recipe then this needs to go on your meal plan, stat!

The inspiration for this new energy bite came from my insanely popular banana chocolate chip baked oatmeal cup recipe.  That recipe is wholesome, super tasty, and sweetened only with pure maple syrup and ripe bananas. I wanted to take these same ingredients and turn it into a no-bake energy bite recipe.
This new banana chocolate energy bit recipe is a great addition to the collection.
Okay let’s go over this simple energy bite recipe.
All I did was mix together rolled oats, ground flaxseed, chia seeds, pure maple syrup, almond butter, 1 ripe banana, and cinnamon.

I know it seems natural to use peanut butter when creating a banana recipe but please give almond butter a try. I’m so in love with almond butter, it’s delicious and goes perfectly with this recipe. The almond butter has a great flavor but doesn’t overpower the recipe.
When you stir these ingredients together the “batter” is going to be wet. You won’t be able to form balls right away. Put the batter in the refrigerator for a couple hours or overnight for it to firm up. It will firm up. The oats and chia seeds will soak up most of the liquid and will help the bites or balls hold their shape.

These banana chocolate chip energy bites get better with time so they are the perfect make-ahead snack. I suggest making the batter on a Saturday and then roll the balls on Sunday for a healthy snack all week. You can also stick the bites in the freezer so you don’t need to worry about eating all 20 during the week, or in one day 🙂
Ingredients
  • 1¼ cup rolled oats
  • ¼ cup ground flaxseed
  • 1 tablespoon chia seeds
  • ⅓ cup maple syrup
  • ¼ cup almond butter
  • 1 ripe banana, mashed
  • 1 teaspoon pure vanilla extract
  • 1 teaspoon ground cinnamon
  • ¼ cup semi-sweet chocolate chips

Instructions
  1. In a medium to large bowl mix together all of the ingredients. Cover the bowl and let the batter sit in the refrigerator for 2-3 hours or overnight. The batter will be wet but will firm as it sits.
  2. Form into 20 balls. It will be helpful to have your hands wet as you roll the balls. Also, you press the oats into a ball more than actually rolling it.
  3. Let the balls sit in the refrigerator for a couple hours or overnight. The balls will firm as they sit. Enjoy for breakfast or snacks.

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