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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 SPANISH RICE BOWL WITH TACO SPICE ROASTED CAULIFLOWER

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Easy Vegan Spanish Rice Bowl with Taco Spice Roasted Cauliflower. Everyday Meal with everyday ingredients. Make into burrito or wraps. Vegan Glutenfree Nutfree Soyfree Recipe. 30 Mins, Easily made Oilfree.
When you have limited things in the fridge but want a fantastic flavorful meal, this Spanish Rice Bowl checks all the points.

It uses everyday ingredients, is quick, flexible and has so much flavor! Make the simple Spanish rice, Roast up the veggies, load a bowl with toppings of choice such as salsa and avocado and done. Add beans for a hearty meal. I generally use my own Taco blend so that I can adjust the flavor to preference. Use any taco seasoning or chili blend of choice. 
Easy Vegan Spanish Rice Bowl with Taco Roasted Cauliflower. Everyday Meal with everyday ingredients. Vegan Glutenfree Nutfree Soyfree Recipe.  Easily made oilfree.

Ingredients
  • Spanish Rice
  • 1 cup white rice such as basmati, or use short grain washed, drained, then soaked in water for 15 mins
  • 1 tomato
  • 1/4 cup chopped onion
  • 1 tsp cumin
  • 1 tsp chili powder blend or taco seasoning (see Recipe notes)
  • 1 tbsp pickled jalapeno
  • 1/2 tsp salt
  • 1 3/4 cup water
  • 1/4 cup chunky salsa
  • 2 tbsp cilantro
  • Roasted Cauliflower
  • 1 small head of cauliflower chopped into florets
  • 2 tsp oil or aquafaba
  • 1 tbsp or more taco spice/seasoning blend
  • 1/2 garlic powder
  • 1/2 tsp salt
  • 1/2 tsp oregano
  • To Serve:
  • Salsa of choice
  • Guacamole
  • Lime juice

Instructions
  1. Spanish Rice: Blend the tomato, onion, cumin, chili powder, jalapeno, garlic powder until smooth and set aside.
  2. Drain the rice and combine with 1 3/4 cup water in a saucepan. Add the pureed tomato mixture, 1/2 tsp salt and mix in. (at this point you can also add some chopped bell pepper).
  3. Cover and cook over medium-low heat for 16 to 18 minutes or until the rice is cooked through. Mix in about 1/4 cup chunky salsa and the chopped cilantro and fluff. Taste and adjust salt, flavor(add more chili powder or taco seasoning, more salsa if needed).
  4. Roasted Cauliflower: Drizzle oil over the cauliflower florets. Mix in well (I use my hands to rub the oil all over). You can also add other veggies to the mix such as broccoli, zucchini, sweet potato, rutabaga. Increase the spices and salt accordingly.
  5. Mix the spices and salt in a small bowl then sprinkle all over. Toss to coat. Distribute the Cauliflower on a parchment lined baking sheet or baking dish.
  6. Bake at 425 degrees F (220 deg C) for 25 mins or until the veggies are cooked through.
  7. Serve the spanish rice with the roasted cauliflower/veggies, sprinkle of lime juice, some salsa and guacamole/avocado. 
  8. For a hearty meal, add beans of choice. I also like a dash of black pepper over the bowl. The mix can also be made into burritos with some lettuce and refried beans.
Recipe Notes
Add some refried beans or walnut taco meat to the bowl for variation.
Taco Seasoning: Mix and store. 
2 tsp cumin powder
1 tsp each of garlic powder, onion powder, smoked paprika
1/2 tsp each chipotle pepper powder, black pepper
1 tsp each of oregano and parsley,
1/2 tsp cayenne (optional, add less to pref), a good pinch of all spice or cinnamon.
Brown Rice: Use 2.5 cups water for brown rice, add a bit more of the spices and herbs. Bring to  boil over medium heat, then reduce to medium-low, cover and cook for 45 mins or until the rice is cooked through.  Let the rice sit covered for another 5 mins, before fluffing and adding salsa. 
Nutrition is 1 of 3 serves


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