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 Bourbon Mushrooms and Rice

Vegan Bourbon Mushrooms and Rice
Bourbon mushrooms and rice is oh so very nice!
What is totally amazing, super fast, sticky and sweet but refined sugar free? Answer: These vegan Bourbon mushrooms and rice! Quickly seared mushrooms, tossed in a sweet and salty, sticky Bourbon sauce. Served over rice! I’ve had Bourbon chicken in my youth, and I loved it. It wasn’t until recently I realized that originally the sauce didn’t actually have Bourbon it was just created by an Asian chef who worked on Bourbon street.
I did actually put Bourbon in my sauce, some people do, some don’t. If those are the options though, I think yes to the Bourbon is always the right decision! The sauce generally will have brown sugar and ketchup, so I replaced those with coconut sugar and tomato paste, in an effort to make this a tiny bit healthier.
Well, the first time I made these vegan Bourbon mushrooms and rice, it was gone in two point five seconds. I thought it was pretty dang incredible, and apparently my family agreed. I really am a fan of any crazy yummy meal that takes literally no effort and is done in no time!
Vegan Bourbon mushrooms and rice is a new favorite dish in my house, and inevitably it will happen in your house as well. Mushrooms are so versatile and incredibly delicious, but tossing them in this Bourbon sauce may be the best way to eat mushrooms! 

Vegan Bourbon Mushrooms and Rice
Prep Time 10 mins
Cook Time 30 mins
Total Time 40 mins
Seared mushrooms tossed in a sticky, sweet Bourbon sauce. Served over rice. 
Course: Main Course
Servings: 4
Author: Lauren Hartmann

  • 16 oz. Mushrooms, I used button mushrooms
  • 2 Tbsp. + 2 tsp. Olive oil, divided
  • 2 Cloves Garlic, chopped
  • 1/4 tsp. Ginger, grated
  • 1/4 C. Apple juice
  • 1/4 C. Soy sauce
  • 1/3 C. + 1 Tbsp. Water, divided
  • 1/4 C. Bourbon
  • 1 Tbsp. Apple cider vinegar
  • 1 Tbsp. Tomato paste
  • 1/4 C. Coconut sugar
  • 1 Tbsp. Corn starch
  • 1 C. Rice
  • Salt and Pepper to taste
  1. Begin to cook your rice according to package instructions. 
  2. While your rice is cooking, cut your mushrooms into quarters. 
  3. Then heat the 2 Tbsp. olive oil in a non stick pan on high. Once the pan is hot, add the mushrooms, toss. Sear the mushrooms, reducing heat if needed. The mushrooms will release their liquid after a few minutes, then continue cooking for another 3-5 minutes until they are nice and brown. Season with a little salt and pepper and then remove from the pan and set aside. 
  4. Now, in the same non stick pan, heat the 2 tsp. of olive oil on medium. Then add the garlic and ginger. Saute for a minute, then add the apple juice, soy sauce, the 1/3 Cup of water, the Bourbon, the apple cider vinegar, tomato paste and coconut sugar. Whisk to combine. 
  5. Bring to a simmer, then reduce heat to low and continue to simmer on low for about 5-10 minutes. Make sure the Bourbon flavored has cooked off. 
  6. Now whisk together the corn starch and remaining 1 Tbsp. of water. Then add that to the sauce. Whisk to combine, and cook for another minute until the sauce has thickened. 
  7. Taste and adjust the sauce seasoning if needed. Then add the mushrooms into the sauce and toss to coat. 
  8. Once the rice and mushrooms are done, serve the mushrooms and sauce over the rice. 


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