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!

OVERNIGHT SAUSAGE EGG CASSEROLE

This Overnight Sausage Egg Casserole is a delicious addition to any breakfast! Perfect for holidays or special occasions, this easy egg casserole can be prepped in advance and popped in the oven the next morning. Your family will love the simple, delicious flavors of this classic egg casserole, guaranteed to become a favorite!

I have to say….I am SO ready for spring! Especially because I thought it was here! Just a few weeks back, it was warm and sunny and gorgeous, and for a brief moment we all ventured outdoors and remembered what it was like to be normal human beings. And then….we had a massive snow storm and realized we were wrong. And even though I can *sometimes* hear birds chirping outside, winter is still hanging on….at least for now.

But the end is near, and that couldn’t make me more excited. I’m so ready for sunshine and flowers and the ability to leave my house without instantly regretting it. Ha! And not only that, but I’m actually craving cookouts and family walks and trips to the park….because, well, it’s time!

But first, Easter. One of my very favorite holidays! And not just because it means spring is here. I love Easter because it’s all about togetherness…and because it’s the first big holiday after Christmas. I love getting together with family and seeing the kids in their Easter outfits and sharing a delicious meal…and this Overnight Sausage Egg Casserole is an Easter staple!

I grew up on Sausage Egg Casserole, so of course, I love it that much more. But I guarantee your family will love it just as much. Because who doesn’t love eggs + bread + breakfast sausage + cheddar cheese? It’s a classic combo….and when it all comes together in this overnight egg casserole, you really can’t go wrong!

Overnight Sausage Egg Casserole – A cheesy good meal!

Especially when you use Crystal Farms® Cheddar Cheese. Crystal Farms® brand is one of the largest cheese brands in the country, and it’s one of my absolute favorites. Not only is it locally produced in Lake Mills, Wisconsin, but it’s lactose tolerant, gluten free, and made with few preservatives. And…it tastes delicious! In fact, it’s half the deliciousness of this Overnight Sausage Egg Casserole. Try it for yourself and I guarantee this casserole will quickly become your family’s favorite, too! (and psst…it’s not just for Easter!) AND….today is your lucky day, because Crystal Farms® is giving you the chance to win two great prizes. Just follow the instructions below to enter!





Overnight Sausage Egg Casserole

This Overnight Sausage Egg Casserole is a delicious addition to any breakfast! Perfect for holidays or special occasions, this easy egg casserole can be prepped in advance and popped in the oven the next morning. Your family will love the simple, delicious flavors of this classic egg casserole....guaranteed to become a favorite!
 Prep Time 15 minutes
 Cook Time 45 minutes
 Total Time 1 hour
 Servings 12
 Author Cathy Trochelman

Ingredients

  • 1 lb. pork sausage browned, drained, and crumbled
  • 10 eggs beaten
  • 4 c. dry bread cubes
  • 3 1/4 c. milk
  • 8 oz. Crystal Farms Cheddar Cheese
  • 1 1/2 tsp. salt
  • 1 1/2 tsp. pepper
  • 1 1/2 tsp. dried mustard
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Instructions

  1. Combine all ingredients in a large mixing bowl.
  2. Pour into a greased 9x13 inch baking pan.
  3. Cover and refrigerate overnight.
  4. Uncover and bake at 350 degrees for 60 minutes or until center is set.




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