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!

Healthy 3 Ingredient Flourless Pumpkin Brownies Recipe

These healthy 3 Ingredient flourless pumpkin brownies contain no butter, flour, grains or sugar- Just easy, everyday ingredients! Rich, dark and super fudgy, these brownies are suitable for those following a paleo, vegan, gluten free, dairy free and sugar free lifestyle!

These healthy 3 Ingredient Flourless Pumpkin Brownies are super fudgy, and a quick fix to satisfy your sweet tooth. They don’t use any flour, butter, grains or granulated sweetener to bind together, nor do they use any eggs- Just pumpkin, drippy almond butter and your favorite cocoa powder. You can either whip it up finely in a blender or do it the old fashioned way- Mixing bowl, wooden spoon, and a free arm workout! For those who may be afraid that the pumpkin flavor will be overpowering, you can easily adjust the cocoa ratios to compensate. Even on the lower end (2-3 tablespoons), it was barely evident. These brownies are also suitable for those following a paleo, vegan, gluten free, dairy free and refined sugar free lifestyle!

These are not going to be your standard brownies- They aren’t overly sweet, even more so because they don’t have any banana in them. To combat this, I used the full 1/4 cup of cocoa powder (you can use 2 tablespoons if you don’t want it too overpowering) and also tried it with 1/4 cup dutch processed cocoa and 2 tablespoons of dark cocoa powder. This gave it a really, rich, dark taste and perfect for dark chocolate fans.

If you need some sweetness in your brownies, that is totally doable to and I recommend two ways :
  • If you do enjoy bananas, sub half the pumpkin for some overripe banana. This will give some natural sweetness without being overpowering
  • Use the healthy frosting from this recipe (as pictured) and keep the brownies themselves as they are- This will be a good mix of sweet frosting + rich brownie. 
Healthy 3 Ingredient Flourless Pumpkin Brownies Recipe
A delicious, three ingredient brownie recipe using NO boxed mix- Made with no butter, flour, sugar, grains or dairy and suitable for those following a vegan, dairy free, paleo, gluten free and sugar free lifestyle!

  • 1 cup pumpkin puree*
  • 1/2 cup drippy almond butter (can sub for peanut, cashew or nut alternative spread)
  • 1/4- 2/3 cup cocoa powder (more cocoa yields a richer taste)
  • Frosting of choice (optional)
  1. Preheat the oven to 350 degrees and coat a small 4 x 6 or 6 x 6 loaf pan with cooking spray and set aside- A smaller pan yields thicker brownies.
  2. Add all your ingredients into a high speed blender, food processor or large bowl and mix until fully immersed and a thick batter is formed.
  3. Transfer brownie batter to loaf pan and bake for 12-15 minutes, or until a skewer comes out just clean. Allow the brownies to cool in the pan completely before either frosting to slicing into bars.


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