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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!

TOMATO CUCUMBER FETA SALAD

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Tomato Cucumber Feta Salad is fresh, flavorful, and SO delicious! This easy summer salad recipe comes together quickly. with just a handful of ingredients. It’s one of our favorite go-to salads for summer!
Tomato Cucumber Feta Salad is fresh, flavorful, and SO delicious! This easy summer salad recipe comes together quickly. with just a handful of ingredients.Save

I was talking with a friend the other day about the constant conundrum when eating out: do you play it safe and order something you know you’ll LOVE, or do you go the adventurous route and risk being disappointed? Decisions, decisions. The struggle is real!
Fresh cucumber, tomato, red onion, and feta cheeseSave

I always love the idea of being adventurous….of never ordering the same thing twice….of throwing caution to the wind. Especially as a food blogger! Just think of how much inspiration I could glean if I was a no holds barred kind of restaurant-goer. The world would be my oyster.
Ingredients for a tomato cucumber feta saladSave

But alas, I’m much more likely to go the other route. The safe route. The boring route. Since I eat out so rarely, I find myself craving my go-to menu options in between visits. Would you have me deny my taste buds the deliciousness they’ve been longing for?? Just to see if I might like something else as much? I didn’t think so.
Tomato Cucumber Feta Salad is fresh, flavorful, and SO delicious! This easy summer salad recipe comes together quickly. with just a handful of ingredients. One of our favorite go-to salads for summer!Save

See, the truth about me is that I’m a go-to kind of gal. I have my go-to meals and my go-to outfits and even my go-to emojis. And as a family, we have our go-to restaurants and our go-to games and our go-to vacation spots….(which, incidentally, always seem to involve a waterpark……)

And this Tomato Cucumber Feta Salad? Well, it’s our go-to salad recipe for summer!

This Tomato, Cucumber & Feta Salad is fresh, flavorful, and SO delicious! It comes together quickly with just a handful of ingredients and is one of our favorite go-to salads for summer!Save

You really can’t beat it – it’s made with just 4 main ingredients and packs SO much flavor! Best of all, it couldn’t be easier to make. Tomato Cucumber Feta Salad is perfect for last minute cookouts, potlucks, or dinners with family and friends. I love that it’s made with such fresh ingredients….and the homemade vinaigrette? It’s to die for!
Tomato Cucumber Feta Salad is fresh, flavorful, and SO delicious! This easy summer salad recipe comes together quickly. with just a handful of ingredients.Save

And even though it’s my go-to, it’s anything but boring. No, this Tomato Cucumber Feta Salad is as interesting as salads get….and always a crowd favorite! So what about you? What are some of your favorite go-to’s (recipe or otherwise?) Or are you one of those adventurous types? (Don’t worry….we can still be friends!)
Tomato Cucumber Feta Salad is fresh, flavorful, and SO delicious! This easy summer salad recipe comes together quickly. with just a handful of ingredients.
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Tomato Cucumber Feta Salad

This Tomato, Cucumber & Feta Salad is fresh, flavorful, and SO delicious! It comes together quickly with just a handful of ingredients and is one of our favorite go-to salads for summer!
 Prep Time 15 minutes
 Total Time 15 minutes
 Servings 10 -12
 Author Cathy Trochelman

Ingredients

  • 3 large cucumbers peeled and chopped (about 4 cups)
  • 5-6 Roma tomatoes chopped (about 4 cups)
  • 1 large red onion chopped
  • 8 oz. feta cheese cut into squares
  • 1/2 c. olive oil
  • 1/4 c. red wine vinegar
  • 1/2 Tbsp. dried oregano
  • 1/2 Tbsp. minced garlic 3 cloves
  • 1/2 tsp. dijon mustard
  • 1/4 tsp. salt
  • 1/4 tsp. pepper
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Instructions

  1. Combine cucumbers, tomatoes, onion, and feta in a large salad bowl.
  2. Prepare dressing by combining all ingredients and shaking well.
  3. Pour dressing over salad and stir to combine.

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This Tomato, Cucumber & Feta Salad is fresh, flavorful, and SO delicious! It comes together quickly with just a handful of ingredients and is one of our favorite go-to salads for summer!Save


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