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!

BLUEBERRY, VANILLA AND CHOCOLATE ICE CREAM SANDWICHES

Looking for something rich, creamy and smooth? This coconut ice cream is just what you need in your life right now.  This cruelty-free coconut ice cream is unbelievable, take my word for it!  Once you make the vanilla base, simply add frozen blueberries (you can also try your favorite fruit!) or some cacao powder to transform the ice cream into different amazing flavors.  And just when you didn’t think it could get better than that, add some delicious cashew cookies to the equation because who doesn’t love ice cream sandwiches!?


As much as I love my favorite no-guilt banana “Nice Cream” as an every day low-fat treat, it’s always fun to indulge once in a while in a rich and sinful vegan ice cream.  The most important thing is that it’s dairy-free and will make you wonder why you ever had ice cream made from cow’s milk (yuck!).  This recipe uses full-fat coconut milk, but you can always substitute light coconut milk which is still delicious but will get you a less creamy result.

Although this treat takes a little bit of time and patience, you’re going to love the results and it’s always fun to put in some extra effort to create a delicious work of art!  If you’re feeling lazy just stir in chunks of your cashew cookies into your ice cream :)  You’ll still have the same great taste and well, that’s all that really matters right?


I hope you love trying out this recipe.  It was such a fun time in the kitchen making these beauties, and even more fun eating them all up.  Who wouldn’t love the combination of rich coconut ice cream, chewy raw cashew cookies and crunchy cacao nibs? Make sure to tag me on Instagram and use the hashtag #rawmanda so I can see your wonderful creations. Lots of love! xx

Rich and decadent coconut ice cream sandwiched between chewy raw cashew cookies.

INGREDIENTS
Coconut Ice Cream
  • 1½ cups raw cashews
  • 1 can full fat coconut milk (15 oz.)
  • 3 tablespoons coconut oil, melted
  • ½ cup maple syrup
  • 1 tsp vanilla extract
  • pinch sea salt
  • 2 cups of frozen blueberries
  • ⅓ cupcacao powder

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Cashew Cookie
  • 2 cups cashews
  • 2 cups rolled oats
  • 2 cups dates
  • ⅓ cup cacao nibs
  • 1 tsp vanilla extract
  • pinch sea salt


INSTRUCTIONS
  1. Place the cashews in a bowl, cover with water and soak overnight for best results, you can soak for 1 hour if using a high-speed blender. The next day, drain and pat the cashews dry.
  2. To make the ice cream: Blend the cashews, coconut milk, coconut oil, maple syrup, vanilla extract and sea salt in a high-speed blender until creamy and smooth. To make blueberry ice cream blend in 2 cups of frozen blueberries or to make chocolate blend in ⅓ cup cacao powder.
  3. Transfer ice cream to freezer overnight or until firm.
  4. To make the cashew cookies: Blend cashews, oats, dates, vanilla extract and sea salt in a food processor until the mixture sticks together when pressed with your fingers. Transfer mixture to a large bowl and mix in cacao nibs. Scoop out 2 tablespoons of the mixture and roll into uniform balls, then flatten into cookies. Transfer cookies to refrigerator while the ice cream firms up.
  5. Remove ice cream from the freezer and let soften for about 10 minutes.
  6. Gently sandwich one scoop of ice cream between two cookies. Use a knife or your fingers to smooth the sides. Roll in additional cacao nibs.
  7. Transfer ice cream sandwiches back in the freezer to set for a few minutes.

recipes adapted by  : rawmanda.com

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