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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!

Baked Reuben Sandwiches

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These Baked Reuben Sandwiches combine all the flavors of a classic Reuben with a delicious sauce that’s baked right in! A delicious Reuben slider that is perfect for St. Patrick’s Day or for feeding large crowds.
These Baked Reuben Sandwiches combine all the flavors of a classic Reuben with a delicious sauce that's baked right in! Perfect for St. Patrick's Day or all year round, and great for feeding a crowd!Save

Have I ever told you about my intense fear of lightning? Probably not. It’s something I try to keep on the down low (my friends think I’m ridiculous) but as I’m sitting here in a quiet house during a thunderstorm….I can’t help but talk about it! Yes, I may need therapy.
These Baked Reuben Sandwiches combine all the flavors of a classic Reuben with a delicious sauce that's baked right in! Perfect for St. Patrick's Day or all year round, and great for feeding a crowd!Save

It all started back in childhood, when thunderstorms ALWAYS meant power outages and fried electronics and camping out in the basement. And as an adult, I’ve been too close to lightning strikes too many times to feel good about it.
These Baked Reuben Sandwiches combine all the flavors of a classic Reuben with a delicious sauce that's baked right in! Perfect for St. Patrick's Day or all year round, and great for feeding a crowd!Save

The first one was back in college, when I was driving back to my parents’ house during a storm and lightning struck something close to me. Like SUPER close to me….because I felt the heat and electricity run through my entire body, followed by a bright orange glow and then a gray haze.
These Baked Reuben Sandwiches combine all the flavors of a classic Reuben with a delicious sauce that's baked right in! Perfect for St. Patrick's Day or all year round, and great for feeding a crowd!Save

And as if that weren’t enough, I had a similar-but-not-as-intense experience a few years later and then, just a few months ago, a tree outside our house was struck, resulting in the loudest BOOM and house shake ever. And now I’m scarred for life. Ha!
These Baked Reuben Sandwiches combine all the flavors of a classic Reuben with a delicious sauce that's baked right in! Perfect for St. Patrick's Day or all year round, and great for feeding a crowd!Save

Baked Reuben Sandwiches – A game day meal

And now that I’ve thoroughly freaked you out, let’s talk about these sandwiches, shall we?? Because if there’s one thing that can ALWAYS make me feel better about things, it’s a delicious distraction! These Baked Reubens are just that. Corned beef, swiss cheese, sauerkraut, rye rolls, and a yummy sweet and savory sauce that bakes right into the bread. Just in time for thunderstorm season…..and, of course, St. Patrick’s Day!!!
These Baked Reuben Sandwiches combine all the flavors of a classic Reuben with a delicious sauce that's baked right in! Perfect for St. Patrick's Day or all year round, and great for feeding a crowd!Save

These Baked Reuben Sandwiches combine all the flavors of a classic Reuben with a delicious sauce that's baked right in!

Baked Reuben Sandwiches

These Baked Reuben Sandwiches combine all the flavors of a classic Reuben with a delicious sauce that's baked right in! Perfect for St. Patrick's Day or all year round, and great for feeding a crowd!
 Prep Time 15 minutes
 Cook Time 25 minutes
 Total Time 40 minutes
 Servings 12
 Author Cathy Trochelman

Ingredients

  • 12 rye dinner rolls if you can't find rye, substitute any type
  • 1/2 pound corned beef
  • 6 slices swiss cheese
  • 3/4 c. sauerkraut
  • 1 stick butter
  • 1 Tbsp. brown sugar
  • 1 Tbsp. ketchup
  • 1 Tbsp. worcestershire sauce
  • 1 Tbsp. dried mustard
  • *Thousand Island dressing if desired
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Instructions

  1. Prepare sandwiches by dividing corned beef and cheese evenly among buns.
  2. Add 1 Tbsp. sauerkraut (drained) to each sandwich.
  3. Place sandwiches in a 9x13 inch pan or a rimmed baking sheet.
  4. In a small saucepan, combine remaining ingredients. Bring to a boil over medium-high heat.
  5. Remove from heat and pour over sandwiches.
  6. Cover with foil and refrigerate sandwiches overnight. (*Note: this step can be eliminated if necessary)
  7. Uncover sandwiches and bake at 350 degrees for 20-30 minutes.
  8. Serve with Thousand Island dressing if desired.

These Baked Reuben Sandwiches combine all the flavors of a classic Reuben with a delicious sauce that's baked right in! Perfect for St. Patrick's Day or all year round, and great for feeding a crowd!
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