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!

Shortcut Loaded Mashed Potato Casserole

Shortcut Loaded Mashed Potato Casserole
From the time Jack was little, he has loved mashed potatoes. They were always the one thing we could get him to eat, no matter what. His passion hasn’t changed.
So there’s no doubt that his request for our holiday menu includes mashed potatoes. I’m kicking it up a notch though. This year, we’re having this Loaded Mashed Potato Casserole. But just because it sounds over the top, doesn’t mean it takes anymore time. In fact, this casserole has a shorcut that has it in the oven faster than you can even peel the potatoes.
Simply Potatoes® mashed potatoes are made from real ingredients and with real potatoes that are fresh and never frozen. They taste just like homemade and are available in a variety of flavors from Garlic, to Country Style, Sour Cream and Chive, even Mashed Sweet Potatoes!
Starting with Simply Potatoes gives you a head start. No peeling, no chopping, no boiling, no mashing. Just heat them, stir in the other ingredients, and bake. Less time focusing on a laborious recipe means more time spent with around the table with your family.
And the addition of bacon, cheese, and green onions gives the already delicious mashed potatoes a serious kick! I’m confident your family will love this just as much as mine does.
Finding shortcuts just like this are one of the keys to a successful holiday meal, I think. I always recommend spending time on a few superstar dishes then looking for ways to make the other dishes that round out the menu easy. Prep as much as you can in the days before the big event. Wash and chop your veggies and ingredients beforehand, if possible. You can even pre-measure lots of things and place them in individual small zip top bags. Make a plan to maximize oven space. Don’t plan on everything having to be cooked in the oven. You’ll run out of space quickly. Incorporate some stove-top or even microwave dishes to make the most of the space you’ve got.
Above all, don’t stress. Enjoy your time in the kitchen and the time you get to spend with your family. Because if all else fails, you can order pizza. The food is important, but the time you get to spend with your loved ones is a lot more valuable and much harder to come by. Y’all enjoy!

Shortcut Loaded Mashed Potato Casserole
Prep Time 10 mins
Cook Time 25 mins
Total Time 35 mins
Servings: 8 to 10 servings
Author: Stacey Little | Southern Bite

  • 2 - (24-ounce) packages Simply Potatoes Traditional Mashed Potatoes (about 5 cups)
  • 1/2 cup sour cream
  • 1/2 teaspoon onion powered
  • 1/2 teaspoon garlic powder
  • 1 cup shredded cheddar cheese divided
  • 1 (2.8-ounce) package crumbled real bacon (about 3/4 cup), divided
  • 2 green onions thinly sliced
  1. Preheat the oven to 350°F and lightly spray a 9x13-inch baking dish with nonstick cooking spray. Heat the mashed potatoes according to the package instructions.
  2. In a large bowl, combine the mashed potatoes, sour cream, onion powder, garlic powder with about half of the cheese and half of the bacon. Mix well. Pour the mixture into the prepared baking dish and sprinkle with the remaining bacon. Bake uncovered for 25 minutes.
  3. Remove from the oven and top with the remaining cheese. Return to the oven for about 5 minutes or until the cheese has melted. Sprinkle with the green onions and serve.

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