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!


I’m trying to get caught up on my cookbook backlog and this smoky roasted red pepper and chickpea pasta is inspired by Maya of Dreamy Leaf‘s second cookbook, Power Vegan Meals.
The dish in the book is “red bell pepper and chickpea pasta”. I thought the pictures looked tasty and went to the store to get the ingredients I needed. The whole time I was picturing it as a roasted red pepper dish. So vividly that I even turned on the oven to roast them before reading the recipe.
As it turns out the recipe just calls for stir-frying the diced red peppers. But once you go roasted, you don’t go back… so I proceeded with my roasted version, and along the way I ended up making a bunch of other changes to the ingredients and method, although I did keep the base concept of crumbled chickpeas. I also added some smoked paprika to complement the smoky and sweet roasted red peppers. We really enjoyed the balance of flavors.
Today this smoky roasted red pepper and chickpea pasta was served with a certain brand of gluten-free penne pasta that claims on the packaging, “[this pasta]’s superior texture can withstand quite a bit of overcooking”. I unintentionally put this claim to the test while keeping the pasta hot for photographing, and I can confirm that the claim is aggrandized. However, the delicious tangle of broken-up pasta pieces was still thoroughly enjoyed by us.
So anyway, use your favorite pasta here, but don’t use THAT pasta, unless you are you going to keep the pasta and sauce separate and only mix them at serving time, in which case I’m certain it would work just fine!
Juicy and sweet roasted red bell peppers combine with crumbled chickpeas and tomatoes for a flavorful, nutritious, higher-protein pasta sauce. This easy vegan pasta dish is ready in a flash!

  • 8 oz brown rice penne or other pasta of choice
  • 2 tsp olive oil
  • 1 shallot diced (or use 1/4 yellow or white onion)
  • 3 cloves garlic minced
  • 1/4 tsp red pepper flakes
  • 1/8 tsp smoked paprika
  • 1/8 tsp ground black pepper
  • 1/8 tsp dried oregano
  • 1 tbsp tomato paste
  • 1 cup diced tomato (I used canned)
  • 2 roasted red bell peppers finely chopped (with juices)
  • freshly-squeezed lemon juice (for serving)
  • 1.5 cups cooked chickpeas (equal to 1 15-oz can), roughly chopped (see notes)
  • fresh basil, chives or parsley (optional, for serving)
  • hemp seed parmesan (optional, for serving)
  1. Cook the pasta in salted water according to package directions, until al dente. Reserve 1/4 cup of pasta cooking liquid, drain the pasta, and set aside.
  2. Meanwhile, in a saucepan, heat the olive oil over medium heat. Add the shallot or onion and cook, stirring frequently, until softened and translucent, 4 to 6 minutes. Add the garlic and cook for 60 seconds more. Add the red pepper flakes, smoked paprika, ground black pepper, and dried oregano, and cook for another 30 seconds or until fragrant.
  3. Add the tomato paste, stir it in, and then add the diced tomato, chopped roasted red peppers, and chopped cooked chickpeas. Stir well and reduce the heat to medium-low. Continue cooking, stirring frequently, until the tomatoes have softened and broken down. Add the reserved pasta liquid and the drained pasta, stir, and cook until hot throughout. (NOTE: if the dish will not be served immediately and if using gluten-free pasta, keep the drained pasta separate).
  4. Season to taste with salt, pepper, and fresh lemon juice. Serve hot, garnished with fresh herbs if desired.
Recipe Notes
CHOPPING CHICKPEAS: The easiest way to chop chickpeas is in a food processor. If you don't have one, I recommend first smashing them gently in a bowl, before transferring them to a cutting board to chop them with a knife. The pre-smashing helps to stop them from rolling around everywhere.
ROASTED RED PEPPERS: Use jarred roasted red peppers (4 pieces) or roast your own by placing whole peppers on a parchment-lined baking sheet, and cooking at 350 degrees Fahrenheit for about an hour, rotating occasionally, until collapsed and soft. Let cool and then remove seeds and peels. Reserve any extra juices that escape and add them to the pasta sauce too.
GRAIN-FREE: Use a legume-based pasta such as Explore Cuisine.
LEFTOVERS: First of all, this recipe is very easily doubled. However, if you're using gluten-free pasta, I strongly recommend storing the pasta and sauce leftovers separately or you will be enjoying Leftover Mushy Pasta Casserole. Aside from that, leftovers keep well in the fridge.
WHITE WINE: If you already have some on hand, a splash of white wine added with the tomatoes would be lovely in this dish!


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