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!

Fresh Creamy Strawberry Lush Cake

Fresh Creamy Strawberry Lush Cake
Strawberry Lush Cake brings fresh strawberries, cream cheese, whipped cream and sour cream together in a luscious no bake dessert. It is the perfect spring and summer dessert for potlucks. family reunions, graduations and patio parties. 
Are you ready for summer? It feels like it is here already. Are you doing any entertaining? Fresh strawberries are coming in really sweet and what better way to celebrate the summer than with a strawberry dessert. This Strawberry Lush Cake is out of this world good. You are going to love it! I mean love it! It is perfect for all your summer dessert needs. This no bake beauty comes together real fast yet tastes like you spent hours preparing it. 
It is so delicious you will be trying to lick your plate when no one is watching! Trust me I have seen it out of the corner of my eye! We are huge strawberry fans here. Are you? 
This Strawberry Lush Cake is a family and friend favorite and is always one of the first desserts gone at parties and family reunions. Put the ingredients for this scrumptious dessert on your grocery list today. Your family and friends will be singing your praises. 
I can not and will not be personally responsible if you have seconds or even thirds! This cake is a must try! You will be sneaking out of bed in the middle of the night to get just one more bite! Don’t do it! They will hear you!!
Strawberry Lush Cake

  • Nonstick cooking spray
  • 18 Golden Oreos
  • 3 tablespoons butter melted
  • 2 (8 ounce boxes) cream cheese softened
  • 1/2 cup sugar
  • 1 teaspoon orange extract
  • 1/2 cup sour cream
  • 4 cups strawberries hulled (1 1/2 cups chopped and 2 1/2 cups sliced)
  • 1 cup whipping cream
  • 2 tablespoons powdered sugar
  1. Spray 8 x 11 inch casserole dish with nonstick cooking spray.
  2. Pulse oreos in food processor until crumbed. Combine with melted butter. Press into casserole dish evenly and place in freezer.
  3. In stand mixer combine cream cheese, sugar and orange extract. Mix on medium high until well combined and creamy; scraping the sides. Fold in sour cream and chopped strawberries. Evenly spread over the cookie crust. Freeze for 1 hour.
  4. Add sliced strawberries evenly over dessert and place back in freezer while you make the whipped cream.
  5. Add whipping cream & powdered sugar to mixing bowl. Beat just until stiff peaks form. Spread evenly over dessert. Serve immediately.
When whipping cream it is helpful to put your mixing bowl and beater in the freezer for 15 minutes prior to making. You can make this in a 9 x 13 but I would increase the Oreo cookies to 25 with 4 tablespoons of butter and add 3 cups of sliced strawberries.


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