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 no bake chocolate peanut butter dessert features layers of crispy cornflakes mixed with peanut butter, cream cheese, and dark chocolate pudding, topped with fluffy whipped cream. It is a slice of heaven, and an easy dessert for a crowd.
When it comes to food vices, I’m more of a cheese and potato chips girl, and most of the time I’d rather finish off a delicious meal with a big glass of wine than a piece of cake or a bowl of ice cream. But this delicious and easy summer dessert is something that nobody can turn down!
I first had this amazing concoction two summers ago when we reunited with some good friends who were visiting family in Pennsylvania. We were invited to their annual 4th of July BBQ potluck, and I kept hearing whispers about a famous dessert known as “Aunt Barb’s dessert.”

When someone has a signature cookout dessert, you just know it’s going to be fantastic. Add in the fact that it contains layers of peanut butter, cream cheese, and chocolate, and, well, I didn’t even care about my hotdog anymore, I just wanted to dive face first into the dessert.
It did not disappoint. Before I was halfway through my first forkful, I’d renamed “Aunt Barb’s dessert” into “Chocolate Peanut Butter Heaven” because that is exactly what it is. It’s a total crowd pleaser, and the ideal dessert for a potluck
I’ve had plenty of variations of chocolate and peanut butter desserts in my life, but this one is extra special. All of the flavors and textures go together so harmoniously, you can practically hear birds singing with each bite. The bottom layer is made from combining peanut butter with crushed cornflakes, which gives it a tremendously satisfying crunch.
Then you add in a layer of sweetened cream cheese for that slightly tart factor which balances out the richness of the chocolate and peanut butter.
Then you top it with some thick chocolate pudding (I chose dark chocolate pudding because I love the rich taste, but you could use milk chocolate instead). And finally, you cover it all with a layer of whipped topping, which gives it a beautifully light and airy quality that just takes it to that next level of heavenly perfection.
For weeks, I tried searching for the recipe online, but I couldn’t find the exact combination of ingredients that Aunt Barb had used. So I called my friend and begged her to track down the original. Thankfully she obliged, and now I have the chance to make it for myself, and share it with you! I’m not kidding — if you make this, you will be the hero of everyone in the room.
Make Ahead Tips:
You should make the chocolate pudding ahead to give it time to set, but I recommend making the rest of the dessert on the day you plan to serve it. The cornflake mixture starts to lose its crunch after about 24 hours, so keep that in mind when you’re timing everything.
It’s also best to allow 30 minutes for each layer to freeze to make it easier to spread the next layer without jumbling everything up. (BTW, “jumbling” is a very important culinary term). 🙂

This easy chocolate peanut butter no bake dessert is a total crowd pleaser.

  • 3 pkgs instant chocolate pudding dark or milk chocolate
  • 4 c milk
  • 5 1/2 c cornflakes slightly crushed
  • 1 1/2 c peanut butter
  • 2 8 oz pkgs pkgs cream cheese softened
  • 3/4 c powdered sugar
  • 3 c cool whip
  • mini chocolate chipsoptional, for serving
  1. Combine the milk and pudding mix with an electric mixer. Once smooth, put in the refrigerator to set for at least 1 hr or overnight.
  2. For the bottom layer, mix the cornflakes and peanut butter until combined (the best way to do this is with your hands; it's messy, but effective). Spread the cornflake/pb mixture into the bottom of a 13x9 baking dish until evenly coated. Place into the freezer for 30 minutes to allow it to harden.
  3. While the pb mixture is setting, combine the softened cream cheese, powdered sugar, and 1 cup cool whip. Mix on medium speed until smooth.
  4. Remove the pan from the freezer and spread the cream cheese mixture over the bottom layer. Return to the freezer for 30 more minutes to set.
  5. After the cream cheese layer has firmed a little, spread on the chocolate pudding. Refrigerate until ready to serve.
  6. Just before serving, spread on the additional 2 cups cool whip and top with mini chocolate chips.
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