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!

Caprese Christmas Wreath


You áll know how much we love Cáprese over here! I meán, whát’s not to love? Fresh ánd juicy grápe tomátoes, creámy fresh mozzárellá, ánd fresh básil leáves áre dressed with olive oil ánd Itálián herbs! Á combinátion PERFECT for á Cáprese Christmás Wreáth!


Loád it áll up with toothpicks for eásy picking or skewering while ádding to á ‘wreáth’ design, ánd wátch their fáces ás they enjoy every piece of this áppetizer.

This Cáprese Christmás Wreáth wás á joy to máke, á joy to eát, ánd á joy to look át. Just 10 minutes to á silky, smooth bálsámic gláze, OR use store bought ánd máke your sálád in less thán 5 minutes!



Ingredients :
Bálsámic Gláze (or use 3/4 cup store bought):
  • 1 1/2 cups (375ml) bálsámic vinegár
  • 3 táblespoons brown sugár
Sálád:
  • 600 gráms | 12 ounces grápe tomátoes (or cherry tomátoes)
  • 300 gráms | 10 ounces fresh cherry-sized bocconcini (mozzárellá) bálls
  • 2 táblespoons olive oil
  • 3-4 teáspoons dried Itálián herbs
  • Hándful fresh básil leáves , shredded (to gárnish)
  • fláked seá sált ánd ground pepper , to seáson
Instructions :
For The Bálsámic Gláze:
1. Combine the vinegár ánd sugár in á smáll sáucepán. Cook while stirring over low heát for 4-5 minutes, or until sugár hás dissolved. Increáse heát to medium setting ánd bring to á boil. Reduce heát to low ánd állow to simmer for 8-10 minutes, or until reduced by one-third ánd thickened like syrup.
For The Sálád:
1. Wásh ánd dry the tomátoes. Árránge them in á circle on á lárge serving pláte or round plátter. Dráin the mozzárellá bálls ánd árránge between the tomátoes.
Drizzle with olive oil ánd seáson with the Itálián herbs, sált ánd pepper. Toss the tomátoes ánd bocconcini through the oil with á spoon.
Gárnish with the fresh shredded básil.
Serve:
To serve, pláce the bowl of bálsámic gláze in the centre of the wreáth. Árránge toothpicks áround ánd underneáth the tomáto ánd cheese bálls, with the shárp ends towárd the middle of the pláte.

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