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!

Vegan Mashed Potato Bowls

These Vegan Mashed Potato Bowls are all the things you crave in the fall and winter in one bowl! The creamiest, dreamiest vegan mashed potatoes, crispy, crunchy tofu and veggies, roasted veggies and corn. All topped with the easiest and somehow most delicious vegan gravy ever!


One of the things I love the most about these vegan mashed potato bowls is that you can totally make them the way you want. I like to make the mashed potatoes as the base, then I do crispy baked tofu and brussels sprouts. However, you can do any veggies and protein you want. The batter for them is perfect and can be used for almost anything. Then I do corn and roasted veggies, but you can skip those, or make them however you want!

The crispy tofu is baked not fried and it is incredibly crunchy! You can also roast plain and crispy veggies at the same time, to make this much faster and easier!

Vegan Mashed Potato Bowls Recipe
The creamiest vegan mashed potatoes, crispy baked tofu nuggets, roasted veggies, corn and the best dang vegan gravy!



Ingredients
Crispy Tofu Nuggets
  • 15 oz (1 block) Extra firm tofu, pressed
  • 1 Cup Non dairy milk, I used almond milk
  • 1 Teaspoon Apple cider vinegar
  • 3/4 Cup All purpose flour
  • 1/2 Cup Corn starch
  • 1 Teaspoon Salt
  • 2 Cups Panko bread crumbs
Vegan Mashed Potatoes
  • 2 Pounds (about 4 large or 6 small) Yukon gold potatoes
  • 1/4 Cup Vegan butter( I used Earth Balance)
  • 1/4 Cup Non dairy milk
  • Salt and pepper to taste
Simple Vegan Gravy
  • 2 Tablespoons Vegan butter
  • 2 Tablespoons All purpose flour
  • 1 Cup Vegetable broth
  • 1/2 Teaspoon Poultry Seasoning (sage, thyme, rosemary, nutmeg)
  • Salt and Pepper to taste
For The Bowls
  • Corn
  • Roasted veggies
Instructions
  1. Preheat the oven to 375 degrees. Start the crispy tofu first. 
  2. Take your pressed tofu and cut the block into cubes. Sprinkle with a few pinches of salt and set aside. 
  3. Now, in a small bowl, combine the non dairy milk and apple cider vinegar. Whisk and set aside.
  4. Then, in a medium sized mixing bowl, combine the flour, corn starch, and salt. Then, whisk the milk and vinegar mixture into the dry ingredients. Whisk until fully combined. In a separate bowl, add the panko. 
  5. Next, dip each tofu cube into the wet batter, then roll in the panko to fully coat. Then place the coated tofu on a baking sheet sprayed with non stick spray. Repeat with all the tofu. 
  6. Spray the tops of the tofu with more non stick spray and bake for 20-25 minutes, flipping after about 10 minutes. Bake until crispy and light brown. 
  7. While the tofu is baking, make the mashed potatoes. Peel the potatoes if you want(I like to leave the skins on), chop into small cubes. Add the potato cubes to a pot of water. Then turn the heat on high and bring to a boil. Boil, reducing heat as needed until the potatoes are tender and smash easily. About 15-20 minutes. 
  8. Once the potatoes are done, drain them. Return to the pot, smash them with a potato smasher, a ricer or in a mixer. Then add the vegan butter, non dairy milk and a few pinches of salt and pepper, then whip it all together to make them nice and creamy. Taste and adjust seasoning( you can always add a splash more milk or butter if needed). Set aside.
  9. Next make the gravy. In a medium sized skillet, melt the vegan butter, then whisk the flour in to form a paste, also called a roux. Then add the veggie broth, whisk to fully dissolve the roux into the veggie broth. Make sure there are no lumps.
  10. Bring to a simmer, whisking for a few minutes until it thickens. Then whisk in the poultry seasoning and a pinch of salt and pepper. Taste and adjust seasoning. Remove from heat.
  11. Once everything is done, scoop some mashed potatoes into a bowl, top with crispy tofu, corn, veggies and drizzle gravy over the top. Serve immediately! 
Recipe Notes
  • If you don't want to use tofu, any veggies will work. Or you can do half and half which is what I like to do. 
  • You can roast some veggies on the same pan as the crispy tofu if you want to have roasted veggies. 


Recipe adapted : Vegan Mashed Potato Bowls @ rabbitandwolves

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