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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!

MOST DELICIOUS MEATLOAF RECIPE EVER

MOST DELICIOUS MEATLOAF RECIPE EVER
You’ve come to the right place if you’re looking for a delicious meatloaf recipe that will become a family favorite!
On my road trip through Montana, we stopped at a bakery cafe that had a meatloaf sandwich as the special. Yummmmmm…comfort food. I just love a delicious meatloaf recipe.
“You can’t go wrong with relatively simple comfort food. It’s also about ease. Some cook to impress. I cook for people to enjoy the food.” Al Roker
The restaurant that we went to had 4 1/2 star Yelp rating – so it seemed so promising. The meatloaf was dry and bland. What a let-down! This prompted me to crave my recipe for meatloaf because it’s quite frankly…amazing. Bold statement, I know. But I do have many supporters. When the topic of my meatloaf sandwich came up – my niece and nephew asked my sister why she didn’t make her delicious meatloaf anymore because it was one of their favorite meals. Yes, you read that right – her meatloaf. My sister is a notorious recipe poacher.
For the rest of the road trip, I got to fantasize about my famous recipe. As soon as I got home I zipped to the store and my craving was cured. Today I’m giving you my special recipe for meatloaf. That’s right…yummy, juicy and downright delicious meatloaf. Turkey can be substituted for the ground beef and it tastes just as fabulous.

The Most Delicious Meatloaf Ever
Servings: 6
Time: 1 1/2 hours
Difficulty: medium

Ingredients
  • 2 pounds grass-fed ground beef
  • 2 eggs
  • 1/4 cup dried minced onion
  • 2/3 cup organic wheat crackers
  • 3/4 cup shredded cheddar cheese
  • salt and pepper
  • 1 1/2 cups organic ketchup
  • 1/2 cup organic brown sugar
  • 1 1/2 tsp Worcestershire sauce (can anyone spell Worcestershire without looking it up?)
Directions
  1. Preheat oven to 350 degrees.
  2. In a small bowl, mix the three ingredients for the ketchup mix (ketchup, brown sugar and Worcestershire sauce) together and set aside.
  3. In a separate large bowl mix together the beef, eggs, dried onions, crushed wheat crackers, shredded cheese, salt and pepper to taste and 1/2 cup of the ketchup mix. Press meat mixture in a loaf pan. (Did you know that they have pans designed for draining grease and lifting out the meatloaf easily? Me neither. You can find them here.) Put 1/2 cup of the remaining ketchup mix on the top of the loaf.
  4. Bake the meatloaf at 350 degrees for 1 – 1 1/4 hours. For the best OVEN MITTS ever…go here.
  5. Use the remaining 1/2 cup of ketchup mix for dipping.



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