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!

Root Beer Float Pie

Root Beer Float Pie
Creamy, cool, light & refreshing! This root beer float pie is the perfect treat on those hot summer days. Only a few minutes of prep and then some freezer time and you have an easy, no bake pie that tastes EXACTLY like a root beer float!
As you can probably tell by this blog, I bake & cook A LOT! I am happy & stress free when I am in the kitchen making a treat for the kids, baking up a dessert, or making dinner. I am always making some sort of treat or snack for the kids to munch on as well.
Why do I tell you this?? Because sometimes there are things that I make that are way too good to not share right away with y’all! Like this pie! And trust me when I say that I have TONS of recipes waiting to share and this one was bumped to the top of that list!
I literally made this while my kids were getting their pajamas on. It took just minutes and then I stuck it in the freezer overnight. Easy!
We ate some the next day, maybe for breakfast or not  , because I was so anxious to see if it actually tastes like a root beer float. I was not let down. It’s frozen, creamy, cool, and tastes so light and refreshing.
You could also very easily make this pie low sugar/calories as well. Just use fat free cool whip, 1% or lower milk, diet root beer, and sugar free pudding mix. I can’t vouch for the taste or texture using ALL fat free/sugar free products, but it is nice to know that this could be a “health(ier)” summer dessert.
I will say that I prefer the full-fat regular versions in this pie. It adds a richness and creaminess that you just can’t get with the lite & low-calorie products. 
Serve with some additional whipped cream and maraschino cherries. My husband is actually the only one that likes maraschino cherries so whenever I make this he is always the one who has to eat everyone’s cherry off their slice of pie!
I hope you love this frozen and creamy cool treat! Perfect way to cool off on a hot summer afternoon!

Root Beer Float Pie
Prep Time 5 mins
Total Time 5 mins

Creamy, cool, light & refreshing! This root beer float pie is the perfect treat on those hot summer days. Only a few minutes of prep and then some freezer time and you have an easy, no bake pie that tastes EXACTLY like a root beer float! 
Course: Dessert
Cuisine: American
Keyword: dessert, no bake, pie, root beer float
Servings: 8
Calories: 212 kcal
Author: Jessica - Together as Family

  • 3/4 cup root beer
  • 1/2 cup milk
  • 2 tablespoons root beer concentrate
  • 1 box (3 oz) instant vanilla pudding mix
  • 1 tub (8 oz) Cool Whip, thawed
  • 1 ready-to-use graham cracker or Nilla wafer crumb crust
  • additional whipped cream & maraschino cherries, for garnish (optional)
  1. In large mixing bowl combine the root beer, milk, and root beer concentrate. Sprinkle the vanilla pudding mix over it. Whisk together for 2 minutes and let it sit for a few minutes to thicken up.
  2. Fold in the thawed cool whip and mix together until it is combined together well. Pour into the prepared crumb crust and evenly spread it out. 
  3. Cover with enclosed lid and place in the freezer for at least 8 hours, preferably overnight. Eat & serve straight from the freezer. Store any leftovers in the freezer. 
Recipe Notes
Do not prepare the Instant Pudding Mix! Just sprinkle the dry powder straight from the box over the liquids as called for in the recipe. 
A lot of people are having trouble finding the root beer concentrate. You will find it by the other extracts (vanilla, almond, etc) at the grocery store. It comes in a small bottle and will say 'root beer concentrate' on the front. You must use this for the pie to taste like a root beer float. So don't try to substitute it with anything else. 
I don't like the taste of this pie using the sugar-free pudding and diet root beer. If you want to use anything with reduced calorie, then I would use lite Cool Whip and like 1% milk. When I make this pie, I use whole milk and regular Cool Whip. Use the low calorie options at your own discretion, as it may affect the texture/thickens of the finished product. 


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