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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!

Peppermint Patty Cookies

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These Peppermint Patty Cookies are a MUST MAKE this Christmas season! Whole York Peppermint Patties pressed into chocolate cookie dough and dusted with powdered sugar!

Peppermint Patty Cookies

I am a HUGE chocolate mint fan. Actually, I remember as a kid having a hard time deciding between mint chocolate chip ice cream or chocolate chip cookie dough ice cream – and the mint chocolate chip won out most of the time! The cool refreshing mint combined with the smooth and sweet chocolate is just a match made in heaven if you ask me!

I read an article a while back that said if you’re on a diet, it’s better to choose something sweet with mint flavoring. Apparently, the mint flavor lingers in your mouth and causes you to not go for another “sweet treat” until the flavor has gone. It also said that people tend to not overindulge in mint-flavored treats and go for just one or two bites as opposed to other treats that are easily overeaten.

chocolate peppermint patty cookies

Umm… yeah. I don’t know about you, but I could eat my body weight in mint chocolate sweets, that’s for sure! 😂

These cookies are perfect – the chocolate cookie dough bakes thin to allow for the thicker peppermint patty candy to sit on top, but not overtake the whole treat. These would make a great gift as well!

Peppermint Patty Cookies

These Peppermint Patty Cookies are a MUST MAKE this Christmas season! Whole York Peppermint Patties pressed into chocolate cookie dough and dusted with powdered sugar!

author:Kelly Miller

prep time:20 minutes

cook time:8 minutes

total time:28 minutes

course:Dessert

cuisine:American

keyword:peppermint patty cookies

servings: 24 cookies

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Ingredients

15 oz devil's food cake mix dry
1/2 cup butter softened
1 tbsp water
2 eggs
2 tbsp powdered sugar
24 York Peppermint Patties

Instructions

In a large bowl, beat together cake mix, butter, water, and eggs until smooth.
Roll tablespoonful cookie dough into balls and then into powdered sugar. Place onto lined cookie sheets and bake at 375 for 6 - 8 minutes.
Remove from oven and press a peppermint patty into the center of each cookie. Allow cookies to cool completely (place in the refrigerator to speed up cooling time).

Nutrition

Calories: 282kcal

Fat: 10g

Saturated fat: 4g

Cholesterol: 24mg

Sodium: 197mg

Potassium: 111mg

Carbohydrates: 48g

Fiber: 1g

Sugar: 34g

Protein: 2g

Vitamin A: 2.8%

Calcium: 3.4%

Iron: 7%

york peppermint patty cookies

I kept these on a plate in our fridge and they were gone by the next day – that’s how good these cookies are!! I’m planning on making a double batch of these and packaging them up in those cute cookie boxes they have at the dollar store for last-minute gifts. Yum!

peppermint pattie cookies

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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!