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!

S’mores Bars

These s'mores bars are the best way to enjoy s'mores without a campfire! Quick and easy to make, they make the perfect dessert or snack!
Mmmmm, s’mores.
Hot summer days just need s’mores to be part of them at some point, don’t you think?  Of course, proper s’mores would be made over a fire, but a campfire is not always available – so s’mores bars it is.
These sweet cookie bars were absolutely delicious, and disappeared in no time.  I even liked them, and I typically don’t like marshmallows all that much….except roasted over a fire in traditional s’mores form – I’ll eat those any day.  Besides that though, marshmallows aren’t really my thing.
These s'mores bars are the best way to enjoy s'mores without a campfire! Quick and easy to make, they make the perfect dessert or snack!
And I ate my fair share of these s’mores bars, I will admit.
So they’re good.
A chewy cookie base with graham cracker crumbs in it, topped with chocolate chips and toasted marshmallows, these s’mores bars are super quick and easy to make.  You don’t even need any special equipment for these – they are mixed up by hand, no mixers needed at all.  They’re almost as fast as roasting that marshmallow over a fire for a traditional s’more!
These s'mores bars are the best way to enjoy s'mores without a campfire! Quick and easy to make, they make the perfect dessert or snack!
The only downside is you kind of have to wait until these cool down to cut them into bars or you’ll have a gooey, marshmallowy mess on your hands.  These bars cut much easier once they’ve cooled completely.
Although if you have a seven year old, you’ll likely still have a gooey, marshmallowy mess to deal with when you hand these out for dessert.  Totally worth it though.
These s'mores bars are the best way to enjoy s'mores without a campfire! Quick and easy to make, they make the perfect dessert or snack!
Tips for perfect S’mores Bars:
  • Line your baking pan with foil or parchment paper and lightly spray it with non-stick spray before adding the cookie dough to the pan – this way you can lift the baked bars out of the pan and cut them without the pan getting in the way.
  • Let the s’mores bars cool completely before cutting them or the marshmallows will be way too melty to be able to cut them easily.  I find the easiest way to cut the bars is out of the pan on a cutting board, with a serrated knife that is cleaned off with hot water and dried in between cuts – takes a little longer, but makes way less mess!
  • I like to brown the butter (melt the butter on the stove, whisking constantly and keep cooking until you see brown bits forming on the bottom of the pan, then remove from the heat) to use in this recipe as it’s made with melted butter, but you don’t need to, the bars are good either way.  The browned butter just adds a little more flavour.
  • This recipe can be doubled and baked in a 9×13 inch pan if you like – the baking time is the same.
  • Here are a few more great bar recipes for you: The Best Nanaimo Bars, Apple Pie Bars, and Oatmeal Raisin Chocolate Chip Bars
S’MORES BARS

YIELD: 12 BARS
These s'mores bars are the best way to enjoy s'mores without a campfire! Quick and easy to make, they make the perfect dessert or snack!
15 minPrep Time
24 minCook Time
39 minTotal Time
Ingredients
3/4 cup unsalted butter, melted and cooled
1/4 teaspoon salt
1/4 teaspoon baking soda
1/2 cup brown sugar, lightly packed
1/4 cup granulated sugar
1 large egg
1/2 teaspoon vanilla
3/4 cup all purpose flour
1/2 cup graham cracker crumbs
3/4 cup semi-sweet chocolate chips
1 cup mini marshmallows
Directions
  1. Preheat the oven to 325 degrees F. Line an 8x8 inch baking pan with aluminum foil and lightly spray it with non-stick cooking spray.
  2. In a large bowl, whisk together the melted butter, salt and baking soda. Add the brown sugar and granulated sugar and mix well. Whisk in the egg and vanilla. Add the flour and graham cracker crumbs and stir until just combined. Press the dough into the prepared baking pan and bake for 22-24 minutes.
  3. Take the pan from the oven, sprinkle the chocolate chips and mini marshmallows over top of the warm cookie bars and return to the oven. Turn the broiler on low and broil for 2-3 minutes, watching carefully, until the marshmallows are golden brown.
  4. Remove from the oven and allow the bars to cool completely before lifting them out of the pan with the foil sling and slicing them into bars. Store the bars in an airtight container at room temperature for up to five days.
MORE RECIPES @ bake-eat-repeat.com

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