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!

FAMOUS CRISPY POTATO CASSEROLE

The most delicious crispy potato casserole you’ll ever taste. The best of vegan potato recipes!


This dish is the perfect casserole to make for any family get together (or fancy weekend breakfast/brunch).

Although I love potatoes in many forms, this Famous Crispy Potato Casserole is arguably my favorite potato recipe ever

The secret is in the depth of flavor you get from roasting the potatoes for hours.And the ingredients themselves are simple..but the real magic happens in the oven!

Famous Crispy Potato Casserole Recipe
This famous crispy potato casserole is a guaranteed crowd pleaser! The holy grail of vegan potato recipes!



Ingredients

  • 3 pounds russet potatoes, diced into small chunks
  • 2 teaspoons dried thyme
  • 2 - 2 1/2 teaspoons sea salt
  • 1 teaspoon pepper
  • 1 tablespoon garlic powder
  • 1 teaspoon onion powder
  • scant 1/2 cup olive oil
  • 1 yellow onion, diced
  • 6 cloves of garlic, finely diced or minced

Directions

  1. Preheat oven to 425 degrees
  2. Dice potatoes and place in a glass 13 X 9 pyrex baking dish
  3. Sprinkle potatoes with thyme, salt, pepper, and garlic and onion powder
  4. Pour on olive oil and toss the potatoes until spices and oil are well coated (it will be very oily - you will need the oil to help with roasting)
  5. Spread out potatoes into an even layer so that they cook evenly
  6. Roast potatoes at 425 degrees for around 1.5 hours, checking every 20 minutes
  7. Every 20 minutes, remove potatoes from oven and use a spatula to scrape any stuck pieces from the bottom of the pan and toss potatoes around.
  8. Cook for approximately 1.5 hours, or until potatoes are crispy and tender
  9. Once potatoes are almost done, dice up a yellow onion and 6 cloves of garlic
  10. Sautee onion and garlic with a touch of olive oil in a skillet on medium high heat
  11. Sautee for 10-15 minutes, or until caramelized and cooked down
  12. Once potatoes are finished cooking, transfer onion mixture to the dish with the potatoes and stir
  13. Serve and enjoy!

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