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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!

CRAB RANGOONS

, Edit

Forget those rangoons from the Chinese takeout place… there’s hardly any flavor in those (other than sweet)… this homemade version will knock your socks off!  Savory, creamy, FULL of flavor, you just have to try these!





Crab rangoons are my favorite thing to order when we get Chinese takeout.  They’re always delicious, hot and crispy on the outside, creamy and smooth on the inside… I could seriously eat the whole bag myself!  But for the amount you get from a takeout place, and what you pay for it, it’s not a cheap appetizer, that’s for sure.  So how would you like to make your own crab rangoons, at home, for less money, that taste WAY better, and you can make your own dipping sauce?



INGREDIENTS
·         8 oz cream cheese softened
·         3 oz imitation crab meat drained
·         2 green onions finely chopped
·         1 tsp garlic minced
·         2 tsp Worcestershire sauce
·         1/2 tsp soy sauce
·         1 tsp sugar
·         dash cayenne pepper
·         1 package wonton wrappers
·         FOR THE SAUCE
·         1/2 cup dijon mustard
·         1/4 cup rice vinegar
·         1/4 cup hot water
·         1 Tbsp sugar
·         drizzle honey
·         1 tsp sesame oil

INSTRUCTIONS
1.       Combine all ingredients except wonton wrappers into a food processor... pulse until you
2.      reach your desired consistency.
3.      Place wontons wrappers on flat surface, and spoon 1 Tbsp of filling into the center of each
4.      wonton wrapper.
5.      Fill a small glass with water, wet fingers and wet the edges of your wonton wrappers. Bring 2
6.      opposite sides of the wrappers together, pinching, then bring the 2 other sides towards the
7.      middle and seal all edges. You can fold these any way you like, so long as the edges are
8.     sealed so your filling doesn't come out while cooking.
9.      Fry in preheated oil a few minutes or until golden brown, remove to paper towel lined plate
10.  to drain. Sprinkle with green onions and a pinch of salt.
11.   Serve with any dipping sauce you'd like!
12.  FOR THE SAUCE
13.  Combine all ingredients and store in an airtight container in the refrigerator.


RECIPE NOTES
As an alternative to frying, you can place rangoons on a parchment paper lined baking sheet, spray with cooking spray, and bake in a 400 degree oven for 10-12 minutes or until golden brown. This is a delicious and less time consuming way to enjoy these rangoons!



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