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!

WHITE QUESO DIP RECIPE (EASY QUESO BLANCO)

This EASY WHITE QUESO DIP RECIPE (EASY QUESO BLANCO) is our favorite white queso recipe, EVER. This easy white cheese dip recipe creates a creamy dip that tastes just like the queso at your favorite Mexican Restaurant. If you’ve ever wanted to know how to make queso on the stove…this recipe is for you! No velveeta, just real quality cheese and ingredients melted together and ready to dip.

A queso recipe can be life changing. I’ve been on the hunt for the perfect white queso recipe for years and years and this one has finally completed me. If you haven’t made homemade queso blanco before…today is the day. SO YUM!
I feel like I’ve been searching for the perfect restaurant style white queso recipe my entire life. Why is it so hard to find?? All I want is ooey gooey amazing cheese and I want it in molten liquid form. For every meal. My dream is to master the perfect easy queso recipe, but for some reason, I’ve only been able to find that perfection at Mexican restaurants. Their secret recipes have alluded me for years. Well now we can all enjoy it at home.

This EASY WHITE QUESO RECIPE (EASY QUESO BLANCO) is our favorite white queso dip recipe, EVER. This easy white cheese dip recipe creates a creamy dip that tastes just like the queso at your favorite Mexican Restaurant. If you’ve ever wanted to know how to make queso on the stove…this recipe is for you! No velveeta, just real quality cheese and ingredients melted together and ready to dip.

INGREDIENTS
  • 3/4 lb white american cheese buy it sliced at the deli counter at your grocery store. Then chop into small squares, finely chopped
  • 4 ounces mozzarella cheese shredded
  • 1 1/4 cup half-and-half
  • 2 tablespoons canned jalapenos chopped, or chopped green chiles
  • 1 teaspoon chili powder you could also use cumin if you prefer that taste
  • 1/2 teaspoon ground nutmeg optional. some readers haven't liked this spice although some did, SEE NOTE ***
  • 1 teaspoon red pepper flakes
  • 1/4 teaspoon salt
  • 1/4 teaspoon black pepper
  • chopped cilantro tomatoes, and jalapenos for garnish

INSTRUCTIONS
  1. Heat 1/2 and 1/2 over medium/high heat in a small saucepan.
  2. Once simmering (bring to JUST before boil...when it starts bubbling up the sides it's ready), reduce heat to low.
  3. Immediately stir in the cheese in batches, starting with the white american cheese. As you stir in the cheese, increase heat to medium and whisk CONSTANTLY while the cheese melts. Once each batch is melted/creamy, add more. Don't stop stirring, you have to whisk the entire time while adding cheese.
  4. Once done with the white american, add in the shredded fontina or mozzarella. Again, which CONSTANTLY while the cheese melts, insuring you have a creamy blend. If you prefer the cheese a bit thicker, add a bit more of the mozzarella.
  5. Once all the cheese is melted, stir in the jalapenos, chili powder, nutmeg, red pepper, and salt and pepper. *** (see below)
  6. If you want the queso to be browned like in my pictures, pour the queso into a small nonstick skillet and place in the oven. Broil for 3-4 minutes or until cheese begins to bubble and brown (optional)
  7. Top with cilantro, tomatoes, and more jalapenos if desired.
  8. Serve with tortilla chips and enjoy!

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