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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!

MONTE CRISTO PINWHEELS

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Thanksgiving week continues and today I’m sharing an appetizer everyone will love! Inspired by a popular sandwich, these baked Monte Cristo Pinwheels, with sweet ham, tender turkey, tangy Swiss cheese and Triple Berry Fruit Spread, are sweet and savory and will be a hit at all season long!

Monte Cristo Pinwheels

I love that Thanksgiving traditions are so similar and yet can be so unique and different in every home across the nation. Yes, we all gather with friends and family on the same day, and usually all have turkey, but the best way to make said turkey (fried, smoked, oven roasted) and the sides that go with it, can vary from region to region.

And dare I say it, there are even those families that don’t fuss over a big meal at home, but take advantage of the handful of restaurants open on Thanksgiving and go out to eat before heading out to shop.
Monte Cristo Pinwheels
Even the best time to serve dinner various from family to family. Growing up, my aunt or grandmother usually hosted Thanksgiving and would always serve Thanksgiving dinner promptly at 1pm. Sure this time was great for the guys who wanted to sit and relax after the feast while cheering on their favorite football team, but such an early dinner was not only stressful for the families driving in from out of town, but made for an early day for those helping to prepare the food.
Eric’s family is the opposite. Getting together early to watch the parade on TV and then the entire family gathering in an almost ceremonial way to watch as the turkey is lowered into the turkey fryer. Then the family working together, while football is on in the background, to cook and snack on appetizers, and then sitting down to dinner later in the afternoon around 3 or 4.
Monte Cristo Pinwheels
Monte Cristo Pinwheels
Now as the next generation is taking over the Thanksgiving duties, I have now hosted or helped host Thanksgiving dinner a time or two and always host our annual Friendsgiving. Even though it can be a lot of work, I loving fussing over the menu, the decor and preparing the food. And after having to host a few Thanksgiving/Friendsgiving dinners in my day, I have learned a lot over the years and have a lot of tips and tricks to make it a little bit easier.
Taken from my in-law’s way of doing things, I am all for making the dinner sit down time late afternoon. Thus allowing for more time to prepare the meal (and clean house!!) before guests arrive and not fill so rushed. Because of this later eat time, I make sure and have plenty of snacks/appetizers on hand for myself and when guests arrive early to help or hang out.
Monte Cristo Pinwheels
One of the appetizers I always make is some variation of pinwheels. They are a great party app because they are so easy, made with store bought dough and deli meats and cheeses, and EVERYONE loves them! Taking short cuts, like using store bought dough, sauces and spreads in the kitchen during the holidays or when preparing such a big meal, especially if you are hosting and making most if not all the food, is essential for making Thanksgiving dinner a hit and less stressful as the host!
My latest version of my “famous” pinwheel appetizer is inspired by a popular sandwich. I picked up everything I needed for these Monte Cristo Pinwheels, including the important dipping sauce, Smucker’s Fruit & Honey Triple Berry Fruit Spread, while stocking up on Friendsgiving staples at Walmart. I have used Smucker’s Fruit & Honey Fruit Spreads before in baking and cooking and love not only the simple ingredients, like being naturally sweetened with honey, but also appreciate the variety of flavors these spreads come in; like Smucker’s Fruit & Honey Strawberry Fruit Spread and Smucker’s Fruit & Honey Blueberry Lemon Fruit Spread. In fact, in addition to dishing up these delightful and easy Monte Cristo Pinwheels at our recent Friendsgiving dinner, I poured the sweet and spicy Smucker’s Fruit & Honey Strawberry Jalapeno Fruit Spread over a block of cream cheese and served it with some crackers for an even easier three ingredient, five second appetizer!
Monte Cristo Pinwheels
Monte Cristo Pinwheels
My Monte Cristo Pinwheels and that super easy cream cheese dip was such a hit at Friendsgiving that I know I will be making these two appetizers all holiday season long!
Monte Cristo Pinwheels
Monte Cristo Pinwheels
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Monte Cristo Pinwheels
Prep Time
10 mins
Cook Time
10 mins
Total Time
20 mins
 
Inspired by a popular sandwich, these baked Monte Cristo Pinwheels, are sweet and savory will definitely be your go to appetizer recipe all season long!
Course: Appetizer
Servings: 15 pinwheels
Author: by Heather H. of Kitchen Concoctions: www.kitchen-concoctions.com
Ingredients
  • 1 (12-ounce) can refrigerated crescent rolls
  • 2 tablespoons Smucker's Fruit & Honey Triple Berry Fruit Spread, plus more for serving
  • 4 thin slices deli ham
  • 4 thin slices deli turkey
  • 8 thin slices deli swiss cheese
  • 1 large egg
  • 2-3 tablespoons powdered sugar, optional for serving
Instructions
  1. Preheat oven to 375 degrees F. Line a baking sheet with foil or parchment paper and set aside.
  2. Unroll dough into four rectangles pressing together the perforations. Spread a thin layer of the fruit spread over each dough rectangle. Top fruit spread with two slices of cheese, one slice of turkey and one slice of ham.
  3. Starting at the short side of the dough, roll up dough sheet into a long log shape. Using a serrated knife, cut each roll into approximately 5 slices. Arrange slices on a baking sheet.
  4. In a small bowl, whisk egg. Brush egg over raw pinwheels.
  5. Bake pinwheels in a 375 degrees F for 10-12 minutes or until golden brown. Immediately remove from baking sheet and transfer to a serving plate. Pour powdered sugar into a small mesh colander and dust the pinwheels with powdered sugar. Serve warm with additional Smucker's Fruit & Honey Triple Berry Fruit Spread for dipping.
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Stock up on all the flavors of the Smucker’s Fruit & Honey Fruit Spreads, including the two new flavors- Smucker’s Fruit & Honey Strawberry Jalapeno Fruit Spread and Smucker’s Fruit & Honey Concord Grape Fruit Spread- while shopping at Walmart. For more yummy recipes and time saving entertaining ideas, click here. And be sure to take advantage of the current ibotta offer and earn $1.00 off Smucker’s Fruit & Honey Fruit Spread!

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