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!


A fresh minty treat, chocolate on the bottom, and creamy on the top with mint everywhere. And mint flavoring is healthy, adds soothing digestion benefits as well as antioxidants. This wholefood easy recipe is another multi-tasking recipe – use the top or bottom layers for recipes on their own in parfaits, smoothie bowls, as well as in this frozen treat. What makes this treat super easy to make as well, is the mold I used – a 15 round cylinder silicon mold. Shapes can make food taste more fun, don’t you agree?
Bottom Chocolate Nicecream Layer (4 ingredients)
  • 2 frozen bananas
  • 1/2 cup full fat coconut milk
  • 1/4 cup cacao powder or black cocoa powder for drama (I use this brand)
  • 2 tbsp maple syrup
Top Green Yogurt Layer (3 ingredients)
  • 1 cup plant yogurt
  • 1/2 tsp matcha tea powder (I use this brand)
  • 1 drop peppermint essential oil (I use this brand)
Chocolate glaze (4 ingredients)
  • 1/4 cup melted coconut oil
  • 1/4 cup cacao powder
  • 3 tbsp maple syrup
  • 1 drop peppermint essential oil
  • I used this 15-round-hole silicon mold.This recipe fills 10-15 of the holes depending on how high you make each layer.
  • Warning: Be careful to store essential oils away from children as they can be poisonous if accidentally taken in large quantities. You can use peppermint extract instead for this recipe, however beware that extracts have alcohol-content which can cause beading in recipes with healthy fats.
  1. Make the chocolate base: Blend up the frosty mixture – it really is just nicecream – dollop it into a silicon mold (I used this one). Even out surfaces with a spoon. And freeze for 30 minutes.
  2. Make the green top: Blend up the yogurt with matcha for color and peppermint for flavor. Spoon that onto of the chocolate base, and freeze at least an hour. Keep frozen; remove from freezer a few minutes before serving – it will melt. Blend up glaze in a bowl with a spoon and dot a bit on top before server.


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