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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!

Pumpkin 'Cheese' Cake

, Edit
My desire to make this cake stemmed from a celebratory lunch with my boyfriend. We went to a restaurant called Vegerama to have a vegan satay burger. Whilst ordering my salad I noticed all the beautiful vegan cakes they had. One of them happened to be a pumpkin cheesecake. I had never tried a pumpkin cheesecake, let alone a vegan one, so we ordered it. It was completely amazing and love at first bite.

Following this I started searching for some vegan pumpkin cheesecake recipes and stumbled across one from Laura Friendly. After making a few changes to ensure it had less sugar, I was wrapped with the results. 

This cake is moist and sweet and has a cheesecake texture. It is my new favourite, followed swiftly by this Flourless Orange Choc Nut Cake. Best of all, it doesn't even need to be baked! I  recommend leaving it in the fridge overnight if you can resist eating it to let those yummy flavours develop.


Crust
12 dates, pits removed, soaked in water for 30 minutes, then drained (save water)
4 to 6 tbsp date water
1/2 tsp salt
2 cups raw almonds (or equivalent of almond meal) or other nut meal of choice
1 tbsp coconut oil (if needed)

In a blender or food processor add the dates, date water and salt. Blend until it becomes a paste. Set aside.

In a food processor, add the almonds and pulse until they become a coarse meal. Add in the date paste and pulse until the mixture starts to mold together. Add up to 1 tbsp of coconut oil if the mixture isn't sticking together and continue to process.

Transfer mixture into a lined 20 cm springform cake pan. Press the mixture into the bottom of the pan and about 3.5 centimetres (1.5 inches) up the sides.

Place pan into the freezer and allow to chill before adding the filling, around 10 minutes.

Filling
2 cups raw cashews, soaked in water overnight, drained
1.5 cups cooked pumpkin, cooled (fresh or canned)
2/3 cup coconut oil, melted
1/4 cup fresh lemon juice
2 tsp apple cider vinegar
1 tsp vanilla essence
1/2 tsp cinnamon
1/2 tsp fresh ground nutmeg
1 tsp salt
Sweetener of choice (I used 1/4 cup maple syrup, 1 tbsp rice syrup and 6 drops liquid stevia - a combination of rice syrup and stevia would be perfect and contains almost zero sugar - taste as you add the sweetener to test desired sweetness)
In a blender or food processor add the cashews, pumpkin, coconut oil, maple syrup, lemon juice, vinegar, vanilla, salt, cinnamon and nutmeg. Blend until the mixture is smooth. It will be quite thick.

Pour the mixture onto the chilled pie crust, smoothing out the top with a blunt knife or the back of a spoon. Chill the cake in the refrigerator for 1 hour or overnight. Slice and serve cold. If you leave it out for too long it will be more of a mouse like texture.

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