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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!

VEGAN PHO

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Vegan Pho soup!  So amazingly delicious, healthy and a lot easier to make than you would think. Pho is comfort food at its finest, packed with fresh, healthy ingredients and tasty rice noodles.  Nothing beats a steaming hot bowl of pho! A fabulous Whole Food Plant Based soup, no oil, no sugar, no highly processed ingredients, and gluten free.

Do you know what I love about Pho?  Everything!  Vegan pho is so incredibly healthy and delicious.  In my opinion the steaming hot, aromatic broth piled high with all kinds of fresh vegetables and herbs makes you feel so nourished.

Vegan Pho soup!  So amazingly delicious, healthy and a lot easier to make than you would think. Pho is comfort food at its finest, packed with fresh, healthy ingredients and tasty rice noodles.  Nothing beats a steaming hot bowl of pho! A fabulous Whole Food Plant Based soup, no oil, no sugar, no highly processed ingredients, and gluten free.



Ingredients
Pho Soup Base Ingredients:
  • 1 large yellow onion, quartered
  • 1 celery stalk, cut in pieces
  • 1 large carrot, cut in pieces
  • 6 white button mushrooms, cut in half
  • 4 garlic cloves, crushed
  • 1 inch ginger root, peeled and cut into pieces (+/- to taste)
  • 8 cups water
  • 2 cups Pacific Organic Vegetable Stock *
  • 1 teaspoon whole peppercorns
  • 1 Tablespoon San J Gluten Free Soy Sauce (reduced sodium)
  • 1 inch piece Cinnamon Stick (+/- to taste)
  • 1 -2 teaspoons sea salt (+/- to taste)
  • 1 star anise and 2 whole cloves (both are traditional ingredients), but we left them out as we are not fans.

Additional Ingredients:
  • 8 oz. box of Annie Chun’s Pad Thai Brown Rice Noodles
  • 1 large head Bok Choy – rinsed, cleaned and sliced into long thin pieces
  • 15 snow pea pods
  • Carrot sticks – micro sticks
Add Ins – Optional Topping Ingredients:
  • Button mushrooms – micro slices
  • Green onions – thinly sliced
  • Cilantro – roughly chopped
  • Jalapeno Peppers – sliced into thin rings
  • Mini Red Bell Peppers – sliced into thin rings
  • Asian Microgreens
  • Lime wedges
  • Soy Sauce
  • Chili Sauce
  • Sriracha (Our favorite is Wildbrine)


Instructions
  1. In a large ceramic/enamel lined Dutch oven/pot or similarly large stockpot, add all the Pho Soup Base ingredients, bring to a boil, then reduce to a simmer. Cover and simmer for 20 minutes.
  2. In the meantime, prepare and prep all your additional ingredients and add-in topping ingredients. Set aside.
  3. After the Pho Soup base has simmered for 20 minutes, remove from heat and strain the stock through a fine mesh sieve into a large bowl. Then rinse out your soup pot, rinse out the fine mesh sieve, and strain the broth again back into the soup pot.  In other words, double strained through a fine mesh sieve.  Discard the strained vegetables (or refrigerate and save for later).
  4. Place the soup stock base back onto the stove, taste test the broth for flavor. This pho soup base is very light.  Add more seasoning, if desired.
  5. Increase the heat, and bring the soup broth back to a boil, then add the bok choy and cook for 4 minutes, then add the brown rice noodles, cook for 2 minutes, then add the micro-stick carrots, snow pea pods, and continue cooking until the brown rice noodles are tender, or as instructed by package directions. (Typically, brown rice noodles cook fast).
  6. To serve, ladle some soup broth, bok choy, carrots and snow pea pods into a bowl, top with any of the optional Add-Ins. Enjoy!

Notes
*Vegetable Stock:   We use Pacific Organic Vegetable Stock. We love this brand because it is Whole Food Plant Based compliant, as it does not contain MSG, has no oil, and does not contain any highly-processed ingredients; however, this brand of vegetable stock does have a strong flavor so less broth is required when compared to the water ratio. We use a higher water to broth ratio because of this. If you use another brand of vegetable broth, then adjust the water/vegetable broth ratio accordingly.   

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