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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!

Italian Herb Baked Meatballs

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Italian Herb Baked Meatballs
Our family's favorite meatballs are loaded with fresh herbs and cheese. They are bursting with flavor. You can make pasta sauce, but there is truly no need. They are the best daggum meatballs ever! No sauce required. Simple recipe, magnificent meatballs! 
Last week we had my bestie over for her birthday and I made my favorite 40 Minute Quick and Easy Cheesy Meat Lasagna, It is outrageous and goes in the oven in just 15 minutes. You can not beat that, unless.... you make meatballs to serve on the side and garlic Parmesan pull apart bread (we will get to that next week).
So, I whipped up a batch of our family favorite meatballs. I used fresh herbs, fresh Parmesan cheese, a few other ingredients and waited for them to bake with great anticipation. Mere minutes later Chad and I were popping these meatballs like candy.
Seriously! No pasta. No sauce. Just the best daggum meatballs that I have ever had. The richness of the beef shines through and they are perfectly moist and flavorful. GLORIOUS! Oh my word. Everyone went complete nuts over it. I mean everyone went back for 2nds and 3rds.
These are going on the Christmas menu for sure. RECIPE at the bottom of the page.
Enjoy!
Looking for the perfect popable dinner? These Balsamic Glazed Meatloaf Meatball Poppers surely fit the bill! Moist, flavorful and deliciously addictive. Your kids will go crazy for these. Great to freeze and reheat.

ingredients:
  • 1 pound lean ground beef (I used 88%)
  • ½ cup Italian breadcrumbs
  • ¼ cup fresh grated Parmesan cheese
  • 2 garlic cloves, pressed (or minced)
  • ½ small onion, grated (or minced)
  • 2 tablespoons marinara
  • 1 tablespoon fresh rosemary, chopped
  • 1 tablespoon fresh parsley, chopped
  • 1 tablespoon fresh basil, chopped
  • ½ teaspoon kosher salt
  • ¼ teaspoon fresh cracked black pepper
  • 1 large egg, lightly beaten
INTRUCTIONS :
  1. Preheat oven to 375°F. Prepare a baking sheet by lining with parchment paper.
  2. In a large mixing bowl, combine all ingredients. Mix well, do not over mix or you will have tough meatballs.
  3. Using a 2 tablespoon scoop, portion out meat and place on baking sheet. After all meatballs have been scooped onto tray, roll into balls and place back onto the baking sheet.
  4. Bake for 20-22 minutes.
  5. Remove and transfer to sauce or serve immediately.
DONNA'S NOTE: If you lightly coat your hands with olive oil before rolling the meatballs, they will form better and crack less. 

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