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!

FEEDING THE FAMILY EASY FAMILY DINNER RECIPES ALL RECIPES FALL AND HOLIDAY RECIPES ABOUT ME TRAVELS CONTACT HOME RED WHITE AND BLUE POTATO SALAD RECIPE

POTATO SALAD IS ONE OF THOSE MUST-HAVE RECIPES AT ANY GET TOGETHER THIS SUMMER! THIS FRESH HERB VERSION IS BOUND TO MAKE YOUR FRIENDS GO WOW!


I know a lot of bloggers who worry when the summer months come around and the slump in traffic it can bring. As recipe creators, we like the holiday seasons and the chaos but for me, summer is all about backyard parties and outdoor cooking!
People still have to eat, even in baking hot weather so I try to switch my posts out for lighter and healthier recipes and potato salad is one of those summer recipes that you’ll see at almost every party you go to.
But potato salad can be heavy you’re thinking, well that’s true but not always.
One of the all-time staple sides for a fun BBQ party is my favorite potato salad recipe. There are so many different varieties you can make but it really comes down to personal choice, I don’t think it’s possible to mess up a potato salad.

This mixed herbed version is on the lighter side with a little kick from some Dijon mustard but, it’s the fresh herbs that really makes your tongue go yum! It does have mayonnaise in the dressing which tends to freak some people out, but it’s just enough to help the herbs stick to the potato without being over-goopy.

MAKING MY RED WHITE AND BLUE POTATO SALAD

First of all, I start with tiny baby potatoes. These are easier to eat, quicker to cook and they come in different colors like red, white and blue! Yup blue potatoes are actually a thing!
They’re called Adirondack variety but just to confuse things even more, you can also use purple potatoes if you cant find blue. I think they’re really similar especially after boiling.
This potato salad is really simple, most of the work is in the dressing.
Rather than use regular mayonnaise I recommend canola mayo. It’s lower on the cholesterol and has better monounsaturated fats. The dressing also has a dollop of Dijon mustard and a heavyyyyy dose of fresh herbs for extra flavor.

TIPS FOR AN AWESOME POTATO SALAD

Fresh oregano, basil, and rosemary are the key ingredients to make this potato salad one of the best you might ever taste. Chope them finely and add plenty!
Go easy when you add the dressing to the boiled potatoes, I prefer just a light covering but you can always keep adding more until you have it just the way you like it.
Don’t over boil the potatoes or the skins will peel off and it’ll just be plain old boring potato salad and not red white, blue and awesome!!
Only add the dressing after the potatoes have cooled down. It’s a good idea to boil them the night before and keep them covered in the refrigerator.
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RED WHITE AND BLUE HERB POTATO SALAD 

COURSE: SIDE DISH

CUISINE: AMERICAN

KEYWORD: POTATO SALAD

PREP TIME: 10 MINUTES

COOK TIME: 20 MINUTES

TOTAL TIME: 30 MINUTES

SERVINGS: 6 PEOPLE

CALORIES: 117 KCAL

AUTHOR: FOODNESSGRACIOUS
Chunks of red white and blue potatoes in a light dressing!

INGREDIENTS

FOR THE DRESSING

  • 3/4 cup canola oil mayonnaise
  • 2 tbsp Dijon mustard
  • 2 tbsp red wine vinegar
  • 2 tbsp fresh basil chopped
  • 2 tbsp oregano chopped
  • 2 tbsp rosemary chopped
  • 1/2 tsp sea salt
  • 1/2 tsp black pepper

FOR THE SALAD

  • 1 pound small red potatoes
  • 1 pound small white potatoes
  • 1 pound small blue potatoes
  • 3/4 cup red onion thinly sliced

INSTRUCTIONS

  1. Boil the potatoes until just done (about 20 minutes) They are done when they can be easily pierced with a sharp knife.
  2. When the potatoes are done, drain and let them cool in the fridge.
  3. In a large bowl whisk together the mayonnaise, mustard, vinegar, herbs, salt and pepper until well combined.
  4. Once the potatoes are cool, cut them into halves or smaller if you prefer transferring them to another bowl.
  5. Add the onion and some of the dressing to the cut potatoes and gently mix until all of the potatoes are coated.
  6. If you need to, add more dressing and mix again. Store in the refrigerator until ready to serve.
  7. Garnish with some more chopped herbs.
Nutrition Facts
Red White and Blue Herb Potato Salad
Amount Per Serving (8 ounces)
Calories 117
% Daily Value*
Sodium 273mg11%
Potassium 723mg21%
Total Carbohydrates 25g8%
Dietary Fiber 4g16%
Sugars 1g
Protein 4g8%
Vitamin A2.2%
Vitamin C21.1%
Calcium7.8%
Iron22.5%
* Percent Daily Values are based on a 2000 calorie diet.
more recipes @ foodnessgracious.com

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