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!

Oreo Truffles

These no bake Oreo Truffles have a sweet outer chocolate shell that surrounds a decadent, chocolate Oreo filling- and only 4 ingredients needed!



I am definitely not a baker by nature, so I appreciate any dessert recipe that has the words “no bake” in front of it. And as you can see by the crazy zig-zag lines on top of these truffles, I’m not very crafty either. So basically, if I can make these oreo truffles look pretty, you can make these look prettier.

Is it bad that I make an entire batch just for me and my husband? I tried to freeze some of them to keep us from devouring the entire batch at once, but then I realize that I love eating these frozen. (I’m a weirdo though so I’m probably alone on that.)
I have tried to get fancy with these in the past and in doing some, had some serious fails, mainly when it comes to coloring the white chocolate. It’s doable, but there are some rules to follow when doing this.
Coloring Melted Chocolate:
Don’t allow any moisture to come in contact with the chocolate, this will cause it to seize when it’s melted. This includes using wet utensils to stir, etc.
When coloring the chocolate, use oil based food coloring, as adding water based food coloring causes the chocolate to seize.
Don’t melt the chocolate too quickly, low and slow is best
Using melting chocolate as opposed to chocolate chips creates a smoother consistency.
PSST: If you are making these for the holidays, here’s my new post on that:








These no bake Oreo Truffles have a sweet outer chocolate shell that surrounds a decadent, chocolate Oreo filling- and you only need 4 ingredients!

Ingredients
US CUSTOMARY - METRIC

1 (15.25) oz. package Oreos (any flavor, double stuffed or regular both work)
8 oz. cream cheese, softened
12 oz. white melting chocolate- (Not chocolate chips, but high quality melting chocolate- I used Baker’s bars)
6 oz. semisweet melting chocolate for topping (Or sprinkles, or Oreo crumbles)
Instructions


Place the Oreos in a food processor and blend until fine crumbs are formed.
Mix in the cream cheese until a sticky dough has formed.
Roll about 1- 1 ½ tablespoons of dough into a ball and set aside on a plate or in a container that you can fit in the freezer. Freeze the balls for at least 30 minutes.
Place the white melting chocolate in a small microwave safe bowl and heat for 30 seconds at a time, stirring in between, until melted.
Dipping the Oreo Balls:
Cover a baking sheet with wax paper. Remove 1-2 Oreo balls from the freezer at a time. Drop them into the chocolate and roll them around carefully with a fork.
There is likely one part that is flatter, which was the bottom of the ball when it sat in the freezer. Slide the fork underneath the flatter part and lift. Slide the bottom of the fork across the edge of the bowl to let the excess chocolate drip off, then set it on top of the wax paper.
The chocolate sets pretty quickly from there. Once you've dipped them all, refrigerate for at least 10 minutes to set.
Topping the truffles:
Melt the semi-sweet chocolate in a small bowl in the microwave, 30 seconds at a time.
Dip a fork into the melted chocolate and drizzle it over the Oreo balls. You may make a mess, but that’s part of the fun!
You can also top them with sprinkles or Oreo crumbs right after they’ve been dipped.

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