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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!

VEGAN BUFFALO CAULIFLOWER TACOS

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These Vegan Buffalo Cauliflower Tacos are packed full of spicy buffalo sauce, creamy ranch, crunchy romaine and hearty avocados | ThisSavoryVegan.com

Do you ever go through a phase where you just can’t get enough of a certain food?
Like, your mouth waters just thinking about it?
And you have to go to the store after work to get the ingredients just to satiate the craving?
Well that has been buffalo sauce for me over the past couple weeks.
I seriously can’t get enough.
I tried to cure my craving by making my Roasted Cauliflower Buffalo Pizza.
It almost did it for me, but I wanted to try something new too. And these tacos were just the ticket.
These Vegan Buffalo Cauliflower Tacos are packed full of spicy buffalo sauce, creamy ranch, crunchy romaine and hearty avocados | ThisSavoryVegan.com
Cauliflower is seasoned up with garlic and chili powder before taking a dip in some buffalo sauce.
Once those little guys are roasted to perfection they take another buffalo sauce bath to make them extra saucy and delicious.
…is your mouth watering yet?
After that, you’re pretty much done.
Load up some soft tortillas with romaine, avocado, cauliflower and ranch (and maybe a little cilantro if that’s your thing).
Then, it’s time to go to town.
You may end up like me and eat these over your kitchen sink, because that’s as far as you can get before devouring them.
No judgement here.

Vegan Buffalo Cauliflower Tacos

These Vegan Buffalo Cauliflower Tacos are packed full of spicy buffalo sauce, creamy ranch, crunchy romaine and hearty avocados.
 Prep Time 5 minutes
 Cook Time 20 minutes
 Total Time 25 minutes
 Servings 4

Ingredients

FOR THE CAULIFLOWER

  • 1/2 head cauliflower cut in bite sized pieces
  • 4 tsp. olive oil
  • 1 tsp. garlic powder
  • 1 tsp. chili powder
  • 3/4 cup buffalo sauce separated
  • pepper to taste

FOR THE TACOS

  • 8 taco-sized flour tortillas
  • 1 head romaine lettuce chopped
  • 1 avocado pitted and diced
  • vegan ranch to taste
  • cilantro or green onion diced (optional)

Instructions

  1. Preheat oven to 425 degrees and line a baking sheet with foil.
  2. In a large bowl combine cauliflower, olive oil, garlic powder, chili powder, pepper and 1/4 cup of buffalo sauce. Stir to combine. Spread evenly on baking sheet and cook for 20 minutes, flipping halfway.*
  3. Five minutes before the cauliflower is done cooking, heat up the remaining buffalo sauce in a saucepan or in the microwave.
  4. Remove cauliflower from the oven and place it back in the bowl. Add remaining heated buffalo sauce and stir to combine.
  5. To assemble tacos, load each tortilla with romaine, avocado and cauliflower. Drizzle with ranchand top with cilantro or green onions.

Recipe Notes

*For crispier cauliflower, after cooking for 20 minutes, turn oven to broil and cook for an additional 2-5 minutes
More recipes @ .www.thissavoryvegan.com

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