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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!

Banana Oatmeal Breakfast Smoothie

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Banana Oatmeal Breakfast Smoothie
Banana Oatmeal Breakfast Smoothie is perfect for those busy mornings. 5 simple ingredients, a quick blend and you are ready for your day. I love making these before my morning workouts, they keep me full and give me plenty of energy!
Oatmeal, a banana, peanut butter, milk, and ice cubes, are thrown into the blender and blended until smooth. Talk about easy ðŸ™‚
As simple as the ingredients are I just wanted to note that if you are using peanut butter I recommend a brand that is 100% peanuts (or make your own). For 2 reasons I recommend this, first for your health it is a good idea to avoid any sneaky sugars and/or preservatives. The second reason is the environment, most peanut butters on the market include palm oil. The production of palm oil is causing large scale deforestation pushing many animals to extinction like orangutans and tigers, to learn more check out Say No To Palm Oil. So for both of these reasons I always get Crazy Richards 100% Natural Creamy Peanut Butter, it is so yummy!
Banana Oatmeal Breakfast Smoothie
Banana Oatmeal Breakfast Smoothie
Banana Oatmeal Breakfast Smoothie
Don’t forget to check out my video for Banana Oatmeal Breakfast Smoothie!

TIPS & TRICKS:
• Old Fashioned Oats, Quick Oats, or Steel Cut Oats will all work well in this smoothie
• Banana Oatmeal Breakfast Smoothie calls for peanut butter but feel free to use whatever nut/seed butter of your choosing.
• Sometimes on days where I need a little extra energy I add extra peanut butter.
• Same goes for the milk as the peanut butter, I use regular cows milk but whatever you choose will work.
• This is a single serve recipe and is most easily made with a single serve blender, although any blender will work. I have a ninja blender that works amazing, I can use the easy single serve cup in the morning and then throw on the to-go cover that came with it and take it with me.

Banana Oatmeal Breakfast Smoothie

Prep Time:
2 minutes
Cook Time:
1 minute
Total Time:
3 minutes

Ingredients

  • 1/4 cup oats (quick oats or old fashioned oats work great here)
  • 3/4 cup milk
  • 1 tablespoon peanut butter (or nut/seed butter of your choosing)
  • 1 banana
  • 4-5 ice cubes

Instructions

  1. Add oatmeal, milk, peanut butter, banana, and ice cubes to blender.
  2. Blend about 1 minute until smooth. Enjoy immediately.

**Nutritional data is automated, final nutritional information will depend on ingredients used and any changes made.

Nutrition information

Calories per serving: 387.03 kcal
 
Fat per serving: 15.87 g
 
Saturated fat per serving: 5.42 g
Carbs per serving: 52.49 g
 
Protein per serving: 13.24 g
 
Fiber per serving: 5.85 g
Sugar per serving: 25.27 g
 
Sodium per serving: 83.78 mg
 
Trans fat per serving: 0.01 g
Cholesterol per serving: 18.3 mg
Nutrition label for Banana Oatmeal Breakfast Smoothie


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