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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!

Coconut Lime Quinoa Salad

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No matter what the time of year, I’m always into a multi-coloured, massive salad full of textures and flavour. If you’ve been hanging around here for any length of time, I’m sure you’ve probably caught on to that by now!


As a food blogger, health coach and certified Culinary Nutrition Expert, I know I probably get a lot more excited about vegetables than the average person. But seriously, this Coconut Lime Quinoa Salad is so good, I’m pretty sure it would get ANY hungry individual excited, and possibly coming back for seconds, too! It’s a mix of crunchy, crisp, sweet and savoury, and the subtle coconutty flavour reminds me of sitting under a beach umbrella with the sun beaming down and my toes in the sand.

couple of pro tips if you’re making a big batch ahead of time :

  • Let the quinoa cool before you mix it with everything else. This will ensure the other ingredients stay crisp, rather than losing their water due to the warmth from the quinoa’s steam.
  • Chop everything into small pieces. Not only does it make food easier to digest (so does chewing!), but it also means you get a little bit of everything in each bite, and that’s the way I like it!
  • Use the fresh herbs! Seriously, they taste a million gazillion times better than dried. You can even add more than what’s listed below if you like.

A Coconut Lime Quinoa Salad Recipe
Coconut Lime Quinoa Salad || anti-inflammatory, vegan, gluten-free || Eat Spin Run Repeat
Boring lunches? This is the fix! This Coconut Lime Quinoa Salad is a great make-ahead big-batch recipe that will take your tastebuds to the beach on gloomy days.


ingredients
  • 1 cup quinoa, uncooked, + 2 cups water
  • 1/2 cup finely sliced red onion
  • 1 cup diced mango or peach chunks
  • 3 cups cucumber, diced
  • 1 cup shredded carrot
  • 1 ½ cups shredded purple cabbage or radicchio
  • 2 cups shelled edamame, defrosted
  • 1/2 cup unsweetened toasted coconut flakes
  • ¼ cup roughly chopped almonds
  • 2 tbsp each pumpkin seeds and sunflower seeds
  • ¼ cup finely chopped parsley
  • 2 tbsp finely chopped fresh basil
  • a few good shakes of black pepper
For the dressing:
  • 2 tbsp tahini
  • juice of 1 lime
  • 2 tbsp apple cider vinegar
  • 1/2 cup water
instructions
  1. Boil the quinoa in water according to package directions. This should take about 12-15 minutes, and all water should be absorbed. Remove it from the heat, fluff with a fork and allow it to cool.
  2. Whisk together the dressing in a small bowl and set aside.
  3. Prepare all remaining ingredients as indicated above and toss them together in a very large bowl. When the quinoa has cooled, add it to the mixture, along with the dressing. Stir well to coat.
  4. While this salad can be enjoyed right away if you like, for best results, let it sit for at least 30 minutes – or overnight if you can. The quantity of dressing used is fairly small relative to the size of the salad because the lime, fresh herbs and peaches do an amazing job at creating flavour and moisture.
  5. Feel free to make a double or triple batch of the dressing. It’ll keep well in the fridge for a week and can be used as a dip for raw veggies too.
  6. If peaches aren’t in season or you can’t get good ones, swap in mango, pineapple or berries. Even apples work – you’re just looking for a natural sweetness to contrast the savoury flavours from the other ingredients.

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