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!

Keto Avocado Brownies Recipe

In my first batch, I had only put one avocado and so it was more of an unsweetened chocolate egg tart, but the second time around, I adjusted the ratio of everything, made sure to add more sweetener and they turned out absolutely perfect!


I added some of Dark Chocolate to sweeten these.  If you’ve never tried chocolate from them, they sweeten their chocolate bars and chips with stevia and erythritol so they are extremely low carb and sugar-free.

I don’t think you need to bake these for a really long time, 30-35 minutes for me was perfect as they stayed pretty fudgy!

Keto Avocado Brownies Recipe
Delicious fudgy brownies that are sugar-free!



Ingredients
  • 250 g avocado about 2
  • 1/2 tsp vanilla
  • 4 tbsp cocoa powder
  • 1 tsp stevia powder
  • 3 tbsp refined coconut oil
  • 2 eggs
  • 100 g lily's dark chocolate melted
  • Dry Ingredients
  • 90 g blanched almond flour
  • 1/4 tsp baking soda
  • 1 tsp baking powder
  • 1/4 tsp salt
  • 1/4 cup erythritol
Instructions
  1. Preheat the oven to 180C/350F.
  2. Peel the avocados and place in a food processor. Process until smooth.
  3. Add each ingredient one at a time and process for a few seconds until all of the ingredients (except the dry ones) have been added to the food processor.
  4. In a separate bowl, combine the dry ingredients together and whisk together.  Add to the food processor and mix until combined.
  5. Place a piece of parchment paper over a 30x20cm baking dish and pour the batter into it.  Spoon evenly and place in the preheated oven.  Bake for 35 minutes.
  6. Take out of the oven, let cool and slice into 12 pieces.
Recipe Notes
  • I haven't eaten sugar for three years so these were more than sweet enough for me.  If you think they aren't sweet enough, feel free to increase the sweeteners.
  • Good in the fridge for about 4 days.



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