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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!

Lunch With Healthy Broccoli and Cauliflower Salad

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This Broccoli and Cauliflower Salad will quickly become a staple recipes! It’s always a crowd favorite, who knew people could love broccoli so much? It’s easy to make and perfectly refreshing on a warm summer day.


Broccoli never tasted so good! Raw broccoli can be totally boring but when you toss it into a salad with cheese and bacon incredible things just happen!

I didn’t create this version to be low calorie but I just never feel like 1 cup of mayonnaise is necessary on anything. I swapped out a lot of that mayo for fat-free Greek yogurt and went with light mayonnaise instead.



If you are looking to cut more calories you can cut back to 4 slices of bacon and reduce the amount of cheese a little and omit the sugar and you’ll still have a delicious salad!

Broccoli and Cauliflower Salad Recipe
Broccoli never tasted so good! Raw broccoli can be totally boring but when you toss it into a salad with cheese and bacon and cover it with a creamy dressing incredible things just happen!



Ingredients
Dressing

  • 3/4 cup fat-free plain Greek yogurt
  • 1/2 cup light mayonnaise
  • 1/4 cup honey
  • 2 Tbsp red wine vinegar
  • 1 Tbsp granulated sugar
  • 1/4 tsp salt , or more to taste

Salad

  • 4 cups small diced broccoli florets
  • 4 cups small diced cauliflower florets
  • 8 oz bacon (about 8 slices), diced and sauteed until crisp and drained
  • 1 1/4 cups small cubed Colby Jack cheese (6 oz)
  • 1/2 cup chopped red onion , rinsed under water and drained (if it's a mild one you can add a little more)

Instructions

  1. In a medium mixing bowl whisk together all dressing ingredients. Cover and chill until ready to use.
  2. Add all salad ingredients to a salad bowl (I like to set aside about 1/4 of the bacon and red onion to sprinkle over the top at the end for more color, that's totally optional).
  3. Pour dressing over top then toss to evenly coat. Serve within and hour of adding dressing for best results.

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