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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!

TROPICAL SMOOTHIE

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Start the New Year off right with this delicious Tropical Smoothie! Loaded with all the tropical flavors you love, this smoothie is the perfect way to beat the winter blues….and since it’s made with frozen fruit, it’s easy to make and enjoy all year round! Whether you like them for breakfast, snack time, or even dessert, you’ll LOVE the refreshing taste of this Tropical Smoothie. And best of all, it couldn’t be easier to make!
Start the New Year off right with this delicious Tropical Smoothie! Loaded with all the tropical flavors you love, this smoothie is the perfect way to beat the winter blues....and since it's made with frozen fruit, it's easy to make and enjoy all year round! Whether you like them for breakfast, snack time, or even dessert, you'll LOVE the refreshing taste of this Tropical Smoothie. And best of all, it couldn't be easier to make!Save

So…..how was your Christmas? Your New Year’s Eve? Your holiday break?? I feel like it’s been forever! We have so much to catch up on! I decided to take some much-needed time off this holiday season, and good thing I did….because we were seriously BUSY.
Between last minute Christmas prep, family celebrations, out of town guests, time with friends, and a birthday celebration for my mom….we barely had a moment to breathe. Good thing I didn’t plan on getting much done!
Start the New Year off right with this delicious Tropical Smoothie! Loaded with all the tropical flavors you love, this smoothie is the perfect way to beat the winter blues....and since it's made with frozen fruit, it's easy to make and enjoy all year round! Whether you like them for breakfast, snack time, or even dessert, you'll LOVE the refreshing taste of this Tropical Smoothie. And best of all, it couldn't be easier to make!Save

I did, however, manage to visit the grocery store daily. Because that’s what you do when you’re hosting back to back get togethers. And we also somehow managed to clean up our house after the explosion that was Christmas morning. (Am I the only one who shudders just thinking about it!??)
I know, I know….I should be used to it by now. This is our 12th year of being parents. But EVERY year it hits me the same way: WHAT WILL WE DO WITH ALL THIS NEW STUFF???
So we did what 90% of families across the country probably do around this time of year. We took a giant load to Goodwill. And we’re already working on another one. It’s the only option, really. When new stuff comes in, old stuff MUST go out.
Start the New Year off right with this delicious Tropical Smoothie! Loaded with all the tropical flavors you love, this smoothie is the perfect way to beat the winter blues....and since it's made with frozen fruit, it's easy to make and enjoy all year round! Whether you like them for breakfast, snack time, or even dessert, you'll LOVE the refreshing taste of this Tropical Smoothie. And best of all, it couldn't be easier to make!Save

And you know what? It feels good. It feels great, actually. Decluttering. Making space. Attempting to start the new year off clean.
Speaking of clean….if you’re like most people, you’re starting off 2018 with some healthy eating goals. Am I right? Well guess what. So am I! I’m living in the land of more veggies and less cheese. And….of course….more smoothies. ALWAYS more smoothies.
And let me tell you, whether you’re into smoothies or not, this Tropical Smoothie is one you HAVE to try. Not just because it’s bitter cold outside and this Tropical Smoothie will make you feel, well, tropical…..but because there’s so much delicious fruit packed into it you just can’t go wrong.
I’m all about less is more. When it comes to decluttering my house. But when it comes to my smoothies? Sometimes more is more. Case in point: this Tropical Smoothie. Aka the perfect way to kick off 2018.
Start the New Year off right with this delicious Tropical Smoothie! Loaded with all the tropical flavors you love, this smoothie is the perfect way to beat the winter blues....and since it's made with frozen fruit, it's easy to make and enjoy all year round! Whether you like them for breakfast, snack time, or even dessert, you'll LOVE the refreshing taste of this Tropical Smoothie. And best of all, it couldn't be easier to make!Save

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Tropical Smoothie

Start the New Year off right with this delicious Tropical Smoothie! Loaded with all the tropical flavors you love, this smoothie is the perfect way to beat the winter blues....and since it's made with frozen fruit, it's easy to make and enjoy all year round! Whether you like them for breakfast, snack time, or even dessert, you'll LOVE the refreshing taste of this Tropical Smoothie. And best of all, it couldn't be easier to make!
 Prep Time 5 minutes
 Cook Time 1 minute
 Total Time 6 minutes
 Servings 2
 Calories 255 kcal
 Author Cathy Trochelman

Ingredients

  • 1 cup frozen strawberries
  • 1/2 cup frozen mango
  • 1/2 cup frozen pineapple
  • 1/2 cup vanilla yogurt
  • 1/2 cup orange juice
  • 1/2 cup pineapple juice
  • 2 Tbsp. shredded coconut (optional)
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Instructions

  1. Combine all ingredients and blend until smooth.
  2. Garnish with additional fruit and shredded coconut as desired.
Nutrition Facts
Tropical Smoothie
Amount Per Serving
Calories 255Calories from Fat 54
% Daily Value*
Total Fat 6g9%
Saturated Fat 5g25%
Cholesterol 3mg1%
Sodium 82mg3%
Potassium 613mg18%
Total Carbohydrates 47g16%
Dietary Fiber 3g12%
Sugars 39g
Protein 5g10%
Vitamin A11.9%
Vitamin C139.2%
Calcium13.7%
Iron5.6%
* Percent Daily Values are based on a 2000 calorie diet.

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Start the New Year off right with this delicious Tropical Smoothie! Loaded with all the tropical flavors you love, this smoothie is the perfect way to beat the winter blues....and since it's made with frozen fruit, it's easy to make and enjoy all year round! Whether you like them for breakfast, snack time, or even dessert, you'll LOVE the refreshing taste of this Tropical Smoothie. And best of all, it couldn't be easier to make!Save

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