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!

Cheesy Mexican Meatballs

Cheesy Mexican Meatballs
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Cheesy Mexican Meatballs are a little spicy, a lot cheesy, and one of those meals that the whole family goes crazy for! It’s a make-ahead meal which makes my life easier too, especially on super busy days!


Hi everyone! My name is Amy from Little Dairy on the Prairie. Let me guess, right about now you are wondering if I actually live on a real dairy farm. (People ask me that all the time.) Yes! My family owns a dairy farm in cold Idaho!

My husband, three boys, and I spend almost all of our time milking, feeding, bedding and taking care of our cows! We milk about a thousand cows and ALL of our milk is made into cheese and is sold to Chipotle restaurants! Okay, that’s my life in a nutshell and probably enough about my crazy farm life (If you still want to know more you can read about it right here)… Now, let’s talk about Cheesy Enchilada Meatballs!

Raise your hand if you could eat Mexican food almost every day and still love it! I have two hands raised high in the air! Of course enchiladas rank right up there on the list of favorite Mexican food. Somedays though I just don’t have time or the ingredients to make enchiladas, which is where these meatballs come in.

How to Make Mexican Meatballs in Enchilada Sauce

Cheesy Mexican Meatballs are so quick to make and only require a few ingredients you probably already have on hand. Let me show you how it works! First, add ground beef, spices, and oats to a bowl. It’s totally okay to mix the meat together with your hands. Form meat into meatballs.

I scoop the meat out with a cookie scoop, just like I would if I were making cookies. Sometimes I stop right there and leave them in a rustic looking scoop. If I have an extra minute and am feeling really ambitious, I roll the meatballs with my hands to make them look all fancy! Next, pour a can of enchilada sauce over the meatballs.

Now, bake your Mexican meatballs. Remove from the oven and cover with cheese. Don’t skimp here…cheese is the BEST! Return to the oven and continue baking until the cheese is melted and gooey! Serve warm!



Just check out all that cheese! There are several ways to serve Cheesy Enchilada Meatballs. We usually serve them over, or next to, a bed of Cheesy Spanish Rice.

Sometimes we serve them in a tortilla kind of like a taco! So yummy! Add as many Mexican fixings as you can think of: Guacamole, lettuce, diced tomatoes, sliced olives, salsa, and sour cream! Heck, you could even put Cheesy Spanish Rice right in the tortilla shell with all the other fixings! So yummy!

Cheesy Mexican Meatballs is one of those recipes that is a regular on our meal rotation! I’m pretty sure after you try them thy will make an appearance on your menu fairly often too!

Cheesy Mexican Meatballs
These easy enchilada meatballs are an easy make-ahead recipe your family will love!
© The Weary Chef 2013-2018
Author: Amy Engberson

Servings 4
Prep Time 15 minutes
Cook Time 40 minutes

Ingredients:
  • 10 ounces red enchilada sauce, divided (I used mild)
  • 1 pound ground beef
  • 3/4 cup oats, (I measure them then grind them in my blender until they are coarsely ground.)
  • 2 eggs
  • 1 teaspoon salt
  • 1/2 teaspoon onion powder
  • 1/2 teaspoon garlic powder
  • 1/2 teaspoon pepper
  • 1 teaspoon oregano
  • 1/2 teaspoon cumin
  • 1 teaspoon chili powder
  • 1/2 teaspoon hot sauce, optional
  • 2 cups grated cheese, (cheddar, monterey jack, colby jack, and pepper jack are all good choices)
  • cilantro, for garnish, if desired
Instructions:
  1. Preheat oven to 350 degrees. Grease a 9 x 13" inch baking dish.
  2. Mix 1/4 cup enchilada sauce, ground beef, oats, eggs, salt, onion powder, garlic powder, pepper, oregano, cumin, chili powder, and hot sauce. I use my hands to combine them.
  3. Form meatballs by hand or with a cookie scoop. (I like to use a medium sized cookie scoop, about 2 tablespoon size.) Drop meatballs into the 9 x 13" pan. (Most of the time I leave the meatballs in the rustic shape of the cookie scoop. Once in awhile I do roll the meatballs until they are perfectly round. They taste the same either way!)
  4. Pour remaining enchilada sauce over meatballs. Cover and bake in preheated oven for 30 minutes.
  5. Uncover and sprinkle cheese over meatballs. Bake for 10 more minutes or until cheese is melted.
  6. Serve right out of the oven!
more recipes @ https://wearychef.com

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