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!


I’m so thankful for the day that I decided to make focaccia bread.
Yesssss. I am so serious.
Focaccia bread at home? HELLO. I am in love with it. In fact, as I write this, I have decided that I have to go make this recipe again, right this second. Immediately.

Give me a salad and focaccia and that’s all I need for my meal. WEIRD RIGHT.

This is the most festive bread! We have fresh cranberries that are slightly sweetened and the creamiest brie cheese that melts into the bread and creates some golden bubbles. Rosemary too, because of the festive-ness of course.

Just wait until the next three weeks.

I went a little hog wild with the rosemary this year. How can you not in December? It makes all of your food look like Christmas and who doesn’t want to eat Christmas!?

The best focaccia bread around me is at DeLallo’s and it’s just… so… soft and olive oil-y and salty. The texture and flavor and overall experience is so incredible that after eating a warm piece this past summer, I was adamant on making some at home. I knew it wasn’t that difficult, and it isn’t.

You can totally do it at home, I promise. You need a few hours (but it’s downtime!) so while you’re finishing decorating or cleaning your house like a psycho after a toddler tornado blew through (no idea what that is like), it can rise and bake.

My love for THIS exact bread runs deep. First, the flavor combination is awesome. The cranberries are tart, the cheese is melty and creamy, the rosemary is strong and fresh. It looks pretty for the season and if you take it to a party you will be the most popular!

AND. Just FYI – don’t flip your lid at the amount of olive oil that is necessary to make this bread divine. I did a double take too, but TRUST ME it is necessary for that slightly crunchy outside and buttery fluffy inside.

Seriously, who doesn’t want a crunchy outside and fluffy inside?!


yield: SERVES 8 TO 10 (A TON!)
total time: 3 HOURS


1 3/4 cups warm water
2 1/4 teaspoons active dry yeast
1 tablespoon honey
5 cups all-purpose flour, plus more for your workspace
1 tablespoon kosher salt, plus more for sprinkling
1 cup extra virgin olive oil
1 1/2 cups fresh cranberries, some coarsely chopped, some whole
1/2 cup water
1/4 cup sugar
8 ounces brie cheese, torn or cut into pieces
3 tablespoons chopped fresh rosemary


In a bowl, stir together the water, yeast and honey. Let it sit for 10 to 15 minutes until foamy.

In the bowl of your stand mixer, add the flour, 1 tablespoon of salt, 1/2 cup of olive oil and the yeast mixture. Stir, using the dough hook, until the mixture comes together. Knead it on medium-low speed for 5 to 6 minutes. If it’s super sticky, sprinkle in a bit of extra flour. You want it to be silky!

Put the dough in an oiled bowl and cover it. Place it in a warm spot and let it rise for 1 hour, or until it’s doubled in size.

After it’s doubled, place the remaining oil in a 15 1/2 x 10 inch jelly roll sheet pan. Place the dough in the sheet pan and turn it over to cover it in the oil once, then press and spread it until it fits in the pan (or almost fits in the pan. it’s going to rise again!). While doing this, press to make finger marks in the dough so it looks like traditional focaccia. Cover the sheet pan and place the dough back in a warm place to rise for another hour.

Preheat the oven to 425 degrees F. Place the cranberries, sugar and water in a saucepan and heat over medium heat, stirring until the sugar dissolves. Bring the mixture to a simmer and immediately remove it from the heat. Strain the cranberries from the liquid.

Uncover the pan and cover the bread with the cranberries, brie and rosemary. Add another sprinkle of sea salt and drizzle of olive oil. Bake the bread for 15 to 20 minutes, until it’s golden and toasty. Remove from the oven and let it cool before slicing. Devour!


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