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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!

PIZZA SPAGHETTI BAKE

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Pizza ~ always a favorite. Spaghetti ~ always a favorite. So why not put them together in one delicious dish? Why not, indeed! With this Pizza Spaghetti Bake, you can enjoy two family favorites in one quick-and-easy dinner.



Pizza ~ My absolute all-time favorite. Spaghetti ~ One of my other favorites.

Put them together?? Yes, please! I love with this Pizza Spaghetti Bake, I don't have to choose. I get the fabulous flavors of two of my favorites all wrapped up in one delicious dish.

You know what else I love about Pizza Spaghetti Bake?

Our whole family loves it, including our eight-year-old daughter.

Whenever I make this, I know for sure we're not going to have any whining at the dinner table.

You know the drill, right? ... You fix up a fabulous dinner, get it all served up and on the table, sit down all together, and then you hear it ... the dinnertime whine ... "Mommmmmmyyyyyyyy, I don't want that for dinner." Please tell me I'm not the only one who hears that?


I love with this Pizza Spaghetti Bake, I don't have to choose. I get the fabulous flavors of two of my favorites all wrapped up in one delicious dish.
Now, it's not all the time, as our daughter is a pretty adventurous eater as far as kids go. But I do still hear the dinnertime whine more often than I'd like.

But with this dinner, it's one time I know for sure the whine with dinner will be skipped.

There's one more thing I love about this dish, too ... not only is it delicious, but it also comes together quickly and easily enough to be a great weeknight meal choice.

Don't you love it when you find a meal like this? Yep, that's how this recipe has landed itself a spot as a regular on our meal planning list.


To make it, start by cooking up some spaghetti noodles, draining them, and putting them in the bottom of a baking dish.

Then simply pour on prepared pasta sauce and top with some ol' standby pizza toppings ... sausage crumbles, (turkey) pepperoni, and cheese. Sounds good to me!





Arrange a few pepperoni slices on the top ...



... and give it a good baking. It'll come out of the oven looking kind of like a pizza lasagna, but as you know ...


... there's something else hiding inside!

And that something happens to be some very tasty spaghetti, indeed. Which, I can pretty much guarantee when it comes to the kids, will take away that dinnertime whine.



Thank you for stopping by The Kitchen is My Playground. We'd love to have you back soon!


Pizza Spaghetti Bake


Ingredients
1 (12 oz.) box spaghetti (can use whole wheat)
1 tsp. salt
1 lb. mild pork sausage (or turkey sausage)
2 oz. (about 30 slices) regular or turkey pepperoni, halved
1 (26 oz.) jar basil & tomato pasta sauce
1/4 c. grated Parmesan cheese
1 (8 oz.) package shredded Italian 5-cheese blend


Directions
Cook spaghetti, according to package directions, in water salted with the teaspoon of salt. Drain well and place in a lightly-greased 9x13" baking dish.
Brown sausage in a skillet over medium-high heat, stirring occasionally, until cooked through and no longer pink. Drain and set aside. Wipe out skillet with a paper towel. Add pepperoni to skillet and cook over medium-high heat, stirring occasionally, until slightly crisp (about 4 minutes).
Top spaghetti in the baking dish with sausage. Pour sauce over sausage. Arrange half of the pepperoni slices over the sauce; sprinkle evenly with cheeses. Arrange remaining pepperoni slices evenly over cheese.
Bake at 350 degrees for 30 minutes. Cheese should be melted and just beginning to brown. If cheese is browning too much, cover with foil part way through baking.

Enjoy!



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