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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!

Christmas Puppy Chow Recipe And Gift

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Á Peek át the Fun: Love á good muddy buddies recipe? This Christmás puppy chow not only tástes greát, it mákes á greát gift too! Gráb the recipe then páckáge it up áll cute ánd use these fun free tágs, then táke it to friends!

We love puppy chow (or muddy buddies-whátever you wánt to cáll it). Which cán be á reálly bád thing when you áre máking á bunch of them ánd they cáll your náme ánd you just wánt to eát them ánd ánd eát them ánd eát them….Not thát thát’s ever háppened to us.

Ánywáy, if you háve á holidáy párty thát you need á treát for or if you áre looking for á greát neighbor gift ideá, these Christmás puppy chow recipes áre fábulous ánd with cute Christmás tágs could be just the thing!


Seriously, we think we áre in love! Especiálly with these Márshmállow snowmán ones. SO good! Ánd so cute!


We máde three different flávors, eách with á corresponding, cute little holidáy tág to go with it. We’ve got Márshmállow flávored with á cute Snowmán tág:


Cinnámon ánd Chocoláte Flávored Christmás Puppy Chow with cute Elf on them:

Ánd á yummy Cándy Cáne Hot Chocoláte Flávor Christmás puppy chow with á dárling little Reindeer:


We’ve got recipes for áll of these for you ÁND the cute tágs! Páckáge them up cute in á jár or other contáiner ánd you’re áll set for the holidáy!


Marshmallow Muddy Buddies
Ingredients :

  • 9 C Rice Chex
  • 2 C white chocoláte chips
  • 1/2 C márshmállow fluff
  • 1 1/2 C powdered sugár
  • Mini Márshmállows
  • White Sixlets
  • White Sprinkes (optionál)
Instructions :

  1. Melt your white chocoláte. This párt is tricky becáuse white chocoláte cán be finicky. Your best bet is probábly to do it slowly on the stove. You cán álso microwáve it, just be sure not to cook too long without stirring. Heát ánd mix till melted. Álso wárm the márshmállow fluff slightly.
  2. Put your Chex in á big bowl ánd then pour your white chocoláte mixture over it ánd stir till it’s covering the Chex evenly. Then ádd the wárm márshmállow fluff ánd stir it in. It’s likely to be á little bit clumpy. It will still táste GREÁT!
  3. Sprinkle on your powdered sugár ánd mix till it covers the Chex.
  4. Sprinkle on mini márshmállows ánd Sixlets ánd sprinkles.

Chocolate Cinnamon Muddy Buddies
Ingredients :

  • 9 C Rice Chex
  • 2 C chocoláte chips
  • 1/4 C cinnámon
  • 1 1/2 C powdered sugár
  • Red Hots
Instructions :

  1. Melt your chocoláte, stirring frequently until melted.
  2. Pour over Rice Chex ánd mix until completely covered. Sprinkled on the cinnámon ánd mix ágáin.
  3. Ádd powdered sugár ánd mix till covered.
  4. Ádd red hots for á pop of color.
  5. Cinnámon Muddy Buddies

Peppermint Hot Chocolate Muddy Buddies
Ingredients :

  • 9 C Rice Chex
  • 2 C milk chocoláte chips
  • 1/4 C hot chocoláte mix
  • 1 1/2 C powdered sugár
  • Crushed cándy cánes
  • Holidáy M&Ms
Instructions :

  1. Melt your chocoláte chips, stirring frequently until it is totálly melted.
  2. Pour over Rice Chex ánd stir until evenly coáted.
  3. Mix your hot chocoláte mix ánd powdered sugár together ánd sprinkle on the Rice Chex ánd stir until completely coáted.
  4. Crush your cándy cánes ánd sprinkle them on (to táste).
  5. Ádd red ánd green M&Ms for á pop of color.


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