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!

Grilled BBQ Lentil Pizza

Grilled BBQ Lentil Pizza
Grilled BBQ Lentil Pizza Recipe
No matter the time of year, pizza always hits the spot! What better way to get your BBQ and pie cravings covered, than with this Grilled BBQ Lentil Pizza?
  • 1/2 cup warm water
  • 1 teaspoon sugar
  • 1 tablespoon active dry yeast
  • 1 1/2 cups unbleached all-purpose flour plus more for dusting
  • 1/2 teaspoon onion powder
  • 1/4 teaspoon salt
  • 2 tablespoons olive oil plus more for the crust
Pizza Toppings
  • 1/2 cup vegan BBQ sauce plus 2 tablespoons
  • 1/2 cup shredded vegan cheese I mixed smoked gouda and provolone
  • 1/4 cup red onion slivers
  • 1/4 cup diced pineapple
  • 1 tablespoon sliced fresh jalapeno
  • 1/2 cup cooked brown or black lentils
  • 1 tablespoon minced fresh cilantro
  1. Stir sugar into warm water until it dissolves, then add active dry yeast. Set aside to rise for 12-15 minutes.
  2. Sift the dry ingredients together in a large bowl. Once yeast mixture is ready, pour it into the bowl, along with the olive oil. Knead dough on a surface dusted with flour, for 3 minutes. Place the dough ball in an oiled bowl, cover with a damp cloth, for 30 minutes. Preheat grill to roughly 450F.
  3. Take the raised dough and knead for another 1-2 minutes. Roll out flat, to about ½” thick; then carefully stretch the dough out with your hands until it is 12 to 14 inches wide.
  4. Make sure to leave the dough a little thicker around the edges for a good crust. Place the dough onto a pizza peel or pan that is lightly dusted with flour. 
  5. Once grill is hot, carefully tilt pizza pan toward the grill and give it a quick jab. The crust should start to slide off, carefully place the rest flat on the grill. Close grill lid and cook for 5 to 6 minutes, or until it is puffy and grill marks are vivid.
  6. Carefully, remove crust from grill and place it back on pizza pan - grill marks up - it will be fragile. Now, spread 1/2 cup vegan BBQ sauce over pizza crust, leaving 1 inch uncoated, around the edges. Then, top with vegan cheese shreds, red onion, pineapple, and fresh jalapeƱo. 
  7. Combine lentils and 2 tablespoons BBQ sauce in a small bowl, then place scoops of them over the pizza. Lastly, brush the outer edges with olive oil. Again, place pizza on the grill, and cook for an additional 5 to 7 minutes, or until as crispy as you prefer.
  8. Put pizza back on the pan, garnish with fresh cilantro, then slice up to serve!
Recipe Notes
To make this recipe camping-friendly, either make the dough ahead of time and freeze it to take with you, or buy pre-made dough. Then bring all of the toppings in jars/containers, to make on a campfire grill!


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