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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!

HOMEMADE CHOCOLATE CHIP COOKIE DOUGH

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HOMEMADE CHOCOLATE CHIP COOKIE DOUGH
Cookie dough is just one of those things that takes a dessert to the next level. If I had to choose between a scoop of ice cream or a scoop of cookie dough ice cream, I would hands down choose cookie dough ice cream every time. I posted a recipe for nut-free cookie dough balls a while back, but sometimes I just want to reinvent my recipes – so today I’m sharing another cookie dough recipe that I really love and hopefully you will too!
Having this cookie dough around will come in handy when you have a craving for something sweet because it kills those cravings right away and actually leaves you satisfied. When you’re using healthy alternatives like whole food sweeteners (dates), you leave out the processed junk like refined sugar. Anything processed will just guarantee another snack attack and we don’t want that. So why not get the job done the first time around with something that tastes better and is better for you!
Feel free to play around with the measurements I used here. Raw desserts are so versatile and experimenting is highly encouraged! If you want to be conservative about the amount of nuts you use in your recipes, reduce how many cashews you use and substitute more oats. Since I try to keep my overall diet low-fat, I go back and forth between the amount of nuts I use in my desserts. If I’m eating more avocados in my salads then I try to balance the amount of fats I consume elsewhere. Balance is the key!
Whether you prefer your cookie dough straight from the spoon or blended into a blizzard, you can’t go wrong with having it around. I personally love keeping my cookie dough chunks in the freezer and grabbing a few to snack on whenever I please, but this doesn’t mean they don’t make frequent appearances in my smoothie bowls! :) I hope you enjoy these little bites of heaven, make sure to tag me on social media if you try my recipes! #rawmanda

INGREDIENTS
  • 1 cup rolled oats
  • 1 cup cashews
  • 5 - 7 medjool dates
  • ¼ cup coconut sugar
  • ¼ cup mini vegan chocolate chips (or cacao nibs)
  • 1 tablespoon almond milk, as needed
  • 1 teaspoon vanilla extract (or vanilla bean)
  • ¼ teaspoon sea salt
INSTRUCTIONS
  1. Blend all ingredients (except for dates, almond milk and chocolate chips) in a high-speed blender or food processor until you get a fine consistency like flour.
  2. Add in half of the dates and process until well combined, then add the remaining dates until you have a uniform dough. Pour in almond milk, as needed, to help blend.
  3. Transfer your cookie dough into a mixing bowl and stir in chocolate chips.
  4. Scoop dough out and press firmly into the bottom of a parchment-lined loaf pan. Place in the freezer for about an hour and then slice it up into little cubes to snack on. Alternatively, you can put your cookie dough into a jar and eat it by the spoonful!
NOTES
Wet your hands to help press the cookie dough into the pan if it's too sticky.

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