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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!

Grilled Romaine, Red Onion, Avocado and Bacon SaladGrilled Romaine, Red Onion, Avocado and Bacon Salad

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Grilled Romaine, Bacon, Red oniona dn Avocado Salad from HeatherCHristo.com
All Barbeque all the time. That’s what I am into right now. Oh, but also salads. Sooooo, how do you make those two both show up on the same plate? A grilled Salad.
I know you have seen me grilling romaine before like in this Grilled Romaine and Corn Salad with Pickled Cherries and shallots and this Grilled Romaine, Prawn, avocado and Nectarine Salad. It adds a little smokiness that is OUT of this world if you are a salad lover!
Grilled Romaine, Bacon, Red oniona dn Avocado Salad from HeatherCHristo.com
So this time I went all in on the grill. Like everything in the salad is grilled. Romaine hearts , red onion, avocado and EVEN bacon!!!
Last week I saw my friend Tracy grilling bacon. I thought it sounded brilliant. I loathe the smell of bacon in the house. Well it’s cool right before you eat it, but when it is still lingering for days afterwards it really is not cool at all. SO the idea of being able to cook bacon outside on the grill was very exciting to me. The only thing more exciting was the actual taste of the grilled bacon. WOW. Turns out Tracy is a genius. You have got to grill your bacon from now on- Soooooo good.
Grilled Romaine, Bacon, Red oniona dn Avocado Salad from HeatherCHristo.com
With all of the flavors and all of that grilling smokiness, I used a really simple balsamic dressing that was the perfect accent to all that richness. The whole thing is like seriously amazing. If you don’t eat meat- you will love this without the bacon- still delicious! And if I ate dairy I would probably put some blue cheese or goat cheese on top too- you know how I like to gild the lilly.
Ok- get your tongs out and get grilling!!
Grilled Romaine, Red Onion, Avocado and Bacon Salad
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Prep time:  
Cook time:  
Total time:  
Serves: 4
Ingredients
  • 4-6 pieces thick cut bacon
  • 2 tablespoons olive oil
  • 2 Romaine hearts, split in half
  • 1 red onion, cut into rounds
  • 1 large avocado cut into quarters
  • Simple Balsamic Vinaigrette
  • 1 clove garlic
  • ¼ cup olive oil
  • 3 tablespoons aged balsamic vinaigrette
  • kosher salt
Instructions
  1. Preheat the grill to low heat. Place the bacon slices on the grill and cook about 5 minutes with the lid down on the grill, then flip and cook another 5 minutes. You may need an additional minute on each side. Remove, chop up and set aside.
  2. Take the two tablespoons of olive oil and rub the cut sides of the lettuce, red onion and avocado. Place the romaine hearts on the grill and cook briefly, about 1 minute, until there are char marks on the lettuce. Set aside. Do the same for the avocado.
  3. Turn the grill heat up to medium-high and add the onions. Cook about 5 minutes on each side until the onions are soft and have char marks on both sides.
  4. Arrange the romaine hearts and then top with bacon, red onions and avocado. Whisk together the vinaigrette and drizzle on the salad. Serve immediately.       

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