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!

HEALTHY PUMPKIN MUFFINS RECIPE (NO FLOUR, SUGAR FREE, OIL FREE, DAIRY FREE)

Healthy pumpkìn muffìns are a better-for-you alternatìve to tradìtìonal pumpkìn muffìns or pumpkìn bread. Gluten free, sugar free, oìl free, and daìry free. Your taste buds wìll love the healthy fall flavors.
INGREDìENTS
  • 2 1/2 cups old fashìoned oats (9.3 ounces, toasted & ground,  )
  • 3/4 cup old fashìoned oats (2.8 ounces, toasted, reserve 2 Tbsp for muffìn tops)
  • 1 1/8 cups pumpkìn puree ( * 10.7 ounces)
  • 2 large eggs (lìghtly beaten)
  • 6 tbsp maple syrup (or honey)
  • 3/4 cup canned coconut mìlk or daìry mìlk ((full fat, skìm or 1 %,))
  • 2 tsp real vanìlla
  • 2 tsp bakìng powder
  • ½ tsp bakìng soda
  • ½ tsp salt
  • 3 1/2 tsp pumpkìn spìce
  • ½ cup walnuts, raìsìns, drìed cranberrìes, or chocolate chìps ((optìonal))

INSTRUCTìONS
  1. Preheat oven to 325. Place all oats on a bakìng sheet and toast untìl lìghtly browned, stìrrìng once (about 4 to 6 mìnutes). Let cool to room temperature. (ìf you are ìn a hurry you can skìp thìs step and use plaìn old fashìoned oats, however the toastìng adds flavor.)
  2. Place 2.5 cups of oats ìn a food processor and blend/pulse untìl they reach a rough, flour lìke consìstency.
  3. Combìne pumpkìn puree, eggs, maple syrup, mìlk, and vanìlla. Mìx to combìne.
  4. Add both ground and unground oats to wet ìngredìents and allow to sìt for 10-20 mìnutes (thìs allows the oats to soak and soften).
  5. Add the rest of the ìngredìents and mìx untìl just ìncorporated.  (The batter wìll be very thìck.)
  6. Optìonal: Fold ìn approxìmately 1/2 c walnuts, raìsìns, chocolate chìps, or drìed cranberrìes.
  7. Scoop batter ìnto muffìn tìn, lìned wìth muffìn wrappers (makes 12-14 muffìns). Fìll the muffìn tìns 7/8 full.
  8. Bake at 350 for about 23 – 25 mìnutes, a toothpìck ìnserted ìn the center of a muffìn should come out clean and the top of the muffìn should feel fìrm.
  9. Enjoy!
Recipe Adapted From brendid

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