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!

GREEK PASTITSIO BAKE

Greek Pastitsio Bake with penne pasta, seasoned ground beef and a rich béchamel sauce baked in the oven until crispy.

We love Pastitsio in part because it’s so delicious and shamelessly in part because the name is so much fun to say. Ten years ago I was researching pasta bake recipes for a friend who was about to give birth when I came across a list of pasta bakes from around the world.
We tested over 20 of them and Pastitsio became a household favorite. It does take a bit more effort than your classic lasagna recipe, but this is like an authentic greek lasagna recipe and it has the added benefit of being a new flavor!
Some people refer to Pastitsio as Pistachio Greek Lasagna so if you’ve ever eaten that in a Greek restaurant this is the recipe for you! There is a second sort of “Greek Lasagna” recipe and I have that one coming to you soon too. That one is called Moussaka.

Greek Pastitsio Bake with penne pasta, seasoned ground beef and a rich béchamel sauce baked in the oven until crispy.

INGREDIENTS
  • 1 pound ground lamb
  • 1 pound ground beef
  • 2 tablespoons olive oil
  • 1 yellow onion diced
  • 1 red bell pepper diced
  • 3 cloves garlic minced
  • 15 ounces tomato sauce
  • 1/4 cup tomato paste
  • 1 teaspoon kosher salt
  • 1/2 teaspoon coarse ground black pepper
  • 1/4 teaspoon cinnamon
  • 1 bay leaf
  • 1 pound penne pasta cooked, not rinsed
  • 8 tablespoons unsalted butter
  • 1/2 cup flour
  • 3 cups whole milk
  • 1 teaspoon kosher salt
  • 1/4 teaspoon coarse ground black pepper
  • 2 large eggs
  • 1 cup parmesan cheese

INSTRUCTIONS
  1. Note: click on times in the instructions to start a kitchen timer while cooking.
  2. Add the beef and lamb to the pan on medium high heat and cook until browned, another 5-7 minutes, breaking it apart as it is cooking.
  3. Drain the oil and add the olive oil to the pan on medium heat with the onions and bell peppers and cook for 5-7 minutes.
  4. Add in the garlic, tomato sauce, tomato paste, salt, pepper, cinnamon and bay leaf and cook on medium-low for 20 minutes, until thickened (halfway between pasta sauce and tomato paste).
  5. While the tomato sauce is simmering, in a separate dutch oven add the butter and flour on medium heat and whisk well until melted and combined, 1-2 minutes.
  6. Add in the milk slowly while whisking until fully combined then cook on low heat for 10-12 minutes or until thickened.
  7. Let cool for 10 minutes, then add in the salt, pepper, eggs, and parmesan cheese.
  8. Layer the pasta first, then the meat sauce, then the béchamel sauce and bake at 350 degrees uncovered for 50-60 minutes.

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