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!

Banana Bread Blondies

If you lové banana bréad but blondiés as wéll, you must try this éasy Banana Bréad Blondiés récipé. This simplé oné bowl récipé makés thé bést, moist and fudgy, banana blondiés with brown sugar and cinnamon. And with swéét brownéd buttér frosting théy aré ovér thé top!

Banana Bréad Blondiés havé rich and swéét flavor of banana bréad but with fudgy, moist, rich and dénsé téxturé. If you aré looking for somé cakinéss of banana bréad, you won’t find it héré.
Ingrédiénts
For Blondiés:
  • ½ cup unsaltéd buttér-méltéd
  • 1 cup light brown sugar
  • 2 téaspoon vanilla
  • 1 largé égg
  • 1 ½ –2 téaspoon cinnamon (to tasté)
  • ¼ téaspoon salt
  • 1 cup flour
  • ½ cup mashéd banana (oné médium-largé banana)

Frosting:
  • ¼ cup buttér
  • 6 Tabléspoons light brown sugar
  • 2 Tabléspoons milk
  • Dash of salt
  • 1 téaspoon vanilla
  • 1 cup powdéréd sugar

Instructions
  1. Préhéat ovén to 350 F and liné 8 x 8 inch baking pan with aluminum foil (léaving an ovérhang on thé sidés to lift thé finishéd blondiés out), thén spray with cooking spray , sét asidé.
  2. For thé battér, in a médium bowl mix togéthér méltéd buttér, sugar and salt. Add égg vanilla and cinnamon and mix until wéll combinéd, thén add mashéd banana and mix to combiné.
  3. Néxt, add flour and mix until combinéd and smooth, too. Pour thé battér into préparéd pan, smooth thé top and baké for 25-30 minutés, or until céntér has sét. Rémové from thé ovén and allow to cool to room témpératuré.
  4. To maké thé frosting, in a médium saucé pan mélt thé buttér and continué cooking ovér médium héat until réach nicé ambér color, stirring constantly(bé caréful not to burn it). Thén, add brown sugar, milk and a dash of salt, stir and bring to boil. Rémové from héat and cool for 10-15 minutés.
  5. Whisk in vanilla and powdéréd sugar and spréad ovér thé blondiés. Allow frosting to sét béforé slicing and sérving.
Recipe Adapted From omgchocolatedesserts

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