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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!

TRIPLE BERRY FRENCH TOAST CASSEROLE

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Incredibly easy and bursting with berry flavor! Great for breakfast or brunch, Christmas, Easter, Mother’s Day and more!

This recipe is special in many ways. One, you don’t have to make the casserole ahead of time and store in the refrigerator overnight. You can if you want, but you don’t have to.

This recipe uses frozen berries meaning it’s easy to make all year round. Great for Christmas, Easter, Mother’s Day, or any weekend you want to make the family feel special. If berries are in season, like they are now, I simply cannot resist topping this casserole with fresh berries and, of course, powdered sugar.

And although maple syrup is delicious with this casserole, you really don’t need it. The frozen berries combined with sugar and corn starch create their own syrup right in the baking dish. It’s incredible! Just spoon over the top of the casserole if you like. That very same syrup gets lovingly soaked into the bottom of the bread while it bakes making the most delightful bite each and every time.

Triple Berry French Toast Casserole Recipe

This Triple Berry French Toast Casserole is going to be a new family favorite! Incredibly easy and bursting with berry flavor! Great for breakfast or brunch, Christmas, Easter, Mother's Day and more!



Ingredients

  • 1 16 oz loaf French bread, cut into 1-inch cubes
  • 4 eggs
  • 1 cup Almond Breeze Vanilla Almondmilk
  • 1 tsp vanilla extract
  • 1 tbsp granulated sugar
  • ¾ tsp ground cinnamon
  • 5 cups frozen berries (raspberry, blackberry, blueberry blend)
  • ½ cup granulated sugar
  • ½ tsp ground cinnamon
  • 1 tbsp cornstarch
  • 1 tbsp granulated sugar

Instructions

  1. Preheat oven to 350F.
  2. Spray a 9x13 inch baking dish with cooking spray. set aside.
  3. Place bread cubes in a large bowl.
  4. In a medium bowl, combine, eggs, milk, vanilla extract, 1 tablespoon of sugar, and cinnamon and whisk together until blended.
  5. Pour egg mixture over the top of the bread cubes, stirring to coat. Let sit for 5 to 10 minutes, stirring occasionally.
  6. In a medium bowl, combine frozen berries, ½ cup of sugar, cinnamon, and cornstarch. Stir to combine.
  7. Pour berries into prepared baking dish.
  8. Spoon bread over the top.
  9. Sprinkle the top with 1 tablespoon of sugar.
  10. Bake for 35 to 45 minutes or until bubbling and golden brown.
  11. Sprinkle with powdered sugar (I use my OXO dusting wand) and top with fresh berries, whipped cream, or maple syrup if desired.

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