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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!

7 LAYER SALAD

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This beautiful, fresh salad will wow your family and friends before it even hits their plates! With tons of texture and literally layers of flavor, my version of this eye-catching classic will be your new favorite crowd pleaser and inspire you to create your own spin on the 7 Layer Salad.
After all, the original Seven Layer Salad recipe (or at least the oldest ones I’ve found) include every five-year-old’s nemesis – green peas. Maybe I can dazzle the kids with something pretty to look at and get them to eat a few vegetables!

I suspect the real reason it was invented, though, was to elevate the classic green salad to something more visually appealing and interesting to serve on an average weeknight. It’s obviously more tasty too – it’s served in a trifle dish, and everything that’s spooned out of one of those is gonna make you want seconds!
Have you ever tried steaming your eggs instead? It’s equally simple and produces a lovely, light, and tender result every time. Simply put your eggs, in a steamer insert, over boiling water. Then cover and cook 6 – 12 minutes, depending on whether you like them soft or hard. For use in this Seven Layer Salad, deviled eggs, or other cold-serving options, plunge them immediately into an ice bath for about 15 minutes before peeling.

If you’re looking for an even more convienent option, you can buy a bag of already boiled and peeled eggs in the deli section of some markets. There always available at my local Trader Joes market.

INGREDIENTS
SALAD:
  • 6 Cups Spring Mix Lettuce
  • 2 10 Ounce Container Grape Tomatoes, Cut in Half
  • 8 Hard Boiled Eggs Sliced
  • 1 16 Ounces Bag Fozen Petite Green Peas, Thawed
  • 1 Small Red Onion
  • 1 16 Ounce Bag Cauliflower Rice

DRESSING:
  • 1 1/2 Cup Mayonnaise
  • 1 Cup Sour Cream
  • 2/3 Cup Parmesan Cheese
  • 1 Tablespoon Sugar
  • ??? 1Teaspoon ???Salt
  • 1/4 Teaspoon Pepper

TOPPING:
  • 8 Ounces Bacon Cooked and Crumbled
  • 4 Ounces Sharp Cheddar Cheese Shredded

INSTRUCTIONS
  1. In a large glass bowl, layer all the salad ingredients, in the order listed, one at a time in rows.
  2. In a small mixing bowl, whisk together all the dressing ingredients until smooth. Spread the dressing over the top layer of salad, sealing the edges. Sprinkle the top with cheese and bacon. Cover and refrigerate for 6-8 hours. Toss and serve.
More Deliciouse Recipe 7 LAYER SALAD @ gonnawantseconds.com

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