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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!

FRESH PINEAPPLE FROZEN YOGURT RECIPE

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Summer is not over for me yet!  I have been making this fresh pineapple frozen yogurt recipe and it is getting devoured in our house!  We are eating it scooped in a bowl, frozen in popsicle molds and I have made batches and froze in ice cube trays and it is perfect for smoothies!  It’s light and fresh and 3 ingredients.  You can’t go wrong!



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I am really loving pineapple this year.   I mean loving it so much that I made a Pineapple Gift box and had to make another because I couldn’t bear to part with the first one!  I am not even kidding!  This delicious pineapple frozen yogurt was adapted from my 4 ingredient Peach Frozen Yogurt.  It’s light, it’s creamy and it’s amazing!

To start out get a fresh pineapple.   I look for heavy pineapples that is firm but still have a bit of give when I squeeze them. It’s OK if the pineapple is still green, that does not mean it’s under-ripe.  i also give it a good sniff (close to the bottom of the pineapple) You will know it’s a good one when it smells sweet and pineapple-y!  <—yep that’s a word!

Slice the pineapple in half long ways and then I use a knife and cut slices in the flesh of the pineapple in criss crosses, making sure to NOT cut through the shell of the Pineapple if you want to use it as a serving dish!    Note:  Pineapple’s have cores so I just kind of cut around that.

This is also my afternoon indulgence.  I can fully enjoy it knowing this snack is free of all preservatives and additives and it’s healthy!  I didn’t do all that work using the 21 Day Fix to throw it all away and I was not ready to throw away my afternoon snack!  It’s a win-win.

INGREDIENTS
  • 1 each Fresh Pineapple flesh cubed
  • 1 single serving yogurt 5.3 ounce or 150g I used Greek
  • 2-3 tablespoons Honey (quantity will vary depending on Pineapple sweetness)

INSTRUCTIONS
  1. Slice Pineapple in half and score flesh with a knife. Remove flesh cubes using spoon and place into blender.
  2. Add honey and yogurt to blender and blend until smooth and creamy. Honey amount will depend on the sweetness of your pineapple.
  3. Pour into a loaf pan and freeze for 1 hour.
  4. Mix the yogurt and return to freezer. Repeat this for 3 more hours.
  5. Serve from loaf pan or transfer to hollow pineapple shell for serving.

recipes adapted by : www.thatswhatchesaid.net

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