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!


This Vegan Buffalo Chickpea Pizza with White Garlic Sauce and Celery ranch dressing packs a ton of flavor and takes minutes to put together. Vegan soy-free Pizza Recipe. Gluten-free with Gluten-free Crust. 
If you have the pizza dough ready, then this Pizza is a breeze to put together too. Mix up the buffalo sauce and chickpeas, make the blender sauces. Layer them all up, Bake and serve. Vegan, palm oil free and soy free! Easily gluten-free with my gf crusts. btw buffalo sauce has nothing to do with the animal Buffalo but everything to do with the location it was created at, Buffalo, NY.
Buffalo Chickpea Pizza with White Garlic Sauce and Celery Ranch Dressing Recipe
This Vegan Buffalo Chickpea Pizza with White Garlic Sauce and Celery ranch dressing packs a ton of flavor and takes minutes to put together. soy-free. Makes 1 large or 2 small pizzas.
  • 1 recipe Easy pizza dough
  • or my white garlic crust
  • or any of my gluten free crusts
For the Buffalo Sauce Chickpeas
  • 3 Tbsp hot sauce
  • 1.5 Tbsp Sriracha hot sauce
  • 2 tsp extra virgin olive oil
  • 15 oz can chickpeas or 1.5 cups cooked chickpeas
White Sauce Base
  • 1/2 cup ground cashew
  • 3/4 cup almond milk
  • 2 tbsp flour or 1 Tbsp arrowroot starch
  • 2/3 tsp salt
  • 1 Tbsp extra virgin olive oil
  • a very generous dash of black pepper
For the garlic sauce
  • 2/3 of the white sauce from above
  • 4 cloves of roasted garlic or 1 tsp garlic powder
  • 1/4 tsp onion powder
  • 1/2 tsp italian herb blend
  • 1 Tbsp nutritional yeast flakes
  • 1 tsp apple cider vinegar
Celery ranch sauce
  • 1/3 of the white sauce from above
  • 1/2 tsp ranch seasoning
  • 1/2 tsp celery seeds
  • 1/2 tsp apple cider vinegar
  1. Make the pizza dough according to recipe. Use double the pizza dough recipe to make 2 pizzas.
  2. Make the Buffalo chickpeas: Mix everything under buffalo chickpeas. Mash a few chickpeas and let sit and marinate while you prep the sauce.
  3. Make the White sauce: Blend all the ingredients under white sauce base until well combined into a smooth sauce.
  4. Make the White Garlic sauce: Take about a 2/3 part of the white sauce from above and add garlic sauce ingredients. Mix well. Taste and adjust and mix or blend.
  5. Make the Celery Ranch: Add the ranch seasoning, celery and vinegar and mix and keep ready.
  6. Shape the pizza dough to a 10 inch rounds with thick edges so the sauce does not flow off the pizza during baking. Brush olive oil on it. Drizzle enough garlic sauce on the dough to coat. Add spinach or greens or other veggies of choice.
  7. Layer buffalo chickpeas on the greens. Drizzle some buffalo sauce from the marinade.
  8. Drizzle a generous amount of celery ranch. Add vegan mozzarella cheese shreds (optional). Try any of my cheeses
  9. Bake at pre-heated 425 degrees F / 220Âșc for 14 minutes. Broil for a minute to crisp.
  10. Drizzle any leftover garlic sauce or celery ranch before serving.


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