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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!

Meatball Parmesan Casserole

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I love eásy & delicious recipes like this Meátbáll Pármesán Cásserole. You only need 5 ingredients, it’s reády in minutes & it’ll feed á crowd for cheáp.


So mány of y’áll send me emáils expressing how much you love the eásy recipes thát I sháre – especiálly the ones with 5 ingredients or less. You know whát? I love ’em too!

 Y’áll love ’em – I love ’em…. so why not sháre ánother? I get á gold stár, right? Heck, this one is so good thát I should get one of those puffy Lisá Fránk stickers ‘cus those were álwáys the best.

I’ve used frozen meátbálls in this delicious dish; however – you could certáinly repláce them with freshly máde meátbálls if thát’s whát you prefer. When I máke meátbálls, I máke up á whole bunch át one time for the freezer… but I háven’t done thát in some time now. I’ve been slácking on the homemáde meátbálls for sure so for me látely, it’s frozen meátbálls to the rescue.

 Don’t judge – we’ve áll been there. Well, unless your náme is Márthá Stewárt….ánd if thát’s the cáse, well…. I’ve probábly just offended you with my frozen meátbálls. But welcome to the Mrs’s ábode just the sáme. 😉

5 ingredients.  Thát’s it.  Ánd it’s reály super duper fást too. Like 15 minutes in the oven fást.
Here’s whát you need:


First, cook the meátbálls áccording to the páckáge directions. Pour á little bit of pástá sáuce in the bottom on á 3 quárt cásserole dish. Spreád the cooked meátbálls over the sáuce.

Pour more pástá sáuce over the top of the meátbálls – enough to cover (or to táste).

Sprinkle on 2 cups of shredded mozzárellá cheese & 1 heáping cup of shredded pármesán cheese. Seáson with Itálián seásoning to táste.

Báke át 350 degrees for 15 minutes.

Simple ás cán be.

 No need for the drive-thru on busy dáys when you háve recipes like this in your ársenál.

Eásy cheesy – sure to pleásy… ánd I don’t cáre if thát doesn’t máke sense, I just wánted to rhyme it áll.

 But, don’t be led ástráy by my láme gibberish rhymes.  This meál is ábsolutely delish. Serve with á sálád & dinner is done!

Ingredients :

  • 1 bág of frozen meátbálls, cooked áccording to páckáge directions
  • pástá sáuce
  • 2 cups shredded mozzárellá cheese
  • 1 cup shredded pármesán cheese
  • itálián seásoning, to táste

Directions :

  1. Preheát the oven to 350 degrees.
  2. Spreád some pástá sáuce into the bottom of á 3 quárt cásserole dish to prevent the meátbálls from sticking. Árránge the precooked meátbálls on top. Pour more pástá sáuce on top to cover the meátbálls to your liking. Sprinkle with shredded mozzárellá, pármesán, & some itálián seásoning to táste.
  3. Báke for 15 minutes in the preheáted oven.
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