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!

Pumpkin Cheesecake Cupcakes

If you’re on a keto diet and you want to hit your annual pumpkin pie quota, try these Pumpkin Cheesecake Cupcakes! The reason they fit so well into your keto diet is because we’re cutting through the carb dense pumpkin pie with a thick layer of cheesecake. The remarkable thing about these is that the small amount of pumpkin in these really takes center stage.

These pumpkin cheesecake cupcakes are the perfect replacement for your pumpkin pie this year. Plus, they look awesome and will be sure to garner you some compliments from the relatives!


  • 1/2 tbsp coconut oil
  • 1/2 tsp vanilla extract
  • 2 tbsp erythritol
  • 1/2 cup Coconut flour
  • 2 tbsp Butter
  • Pink Salt
  • 8 oz Cream Cheese
  • 5 tbsp erythritol
  • 3 tbsp sour cream
  • 3 tbps Heavy Whipping Cream
  • 6 tbsp 100% pumpkin puree
  • 11/2 tsp Pumpkin Pie Spice
  • 1 large Egg
  1. Combine dry ingredients: coconut flour, erythritol and salt. Set aside.
  2. In another bowl whisk together vanilla and melted coconut oil.
  3. Slowly add the wet ingredients to the dry ingredients throughly combining.
  4. Add in cubes of room temperature butter and use hand to form dough.
  5. Using your hand mold the dough into the bottom of each cup of your greased cupcake pan. We use a silicon cupcake mold.
  6. Place pan into a 350 degree oven for 12-15 minutes (depending on thickness of crust layer).
  7. Once cooked, pull out and set aside to cool.
  1. Using hand mixer cream together the room temperature cream cheese and erythritol.
  2. Add egg, sour cream and heavy whipping cream. Continue to mix until thoroughly combined.
  3. Use 2/3 of batter filling up the cupcake pan.
  4. Add pumpkin puree and pumpkin pie spice to remaining 1/3 of batter and combine well (even out all lumps).
  5. Slowly layer the remaining (newly created pumpkin cheesecake mixture) on top of the cheesecake layer in the cupcake pan.
  6. Place into a 300 degree oven for 55-60 minutes. Use toothpick to check for a clean pull through.
  7. Place in fridge to chill and serve cold. Enjoy!


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