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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!

NO BAKE BANANA SPLIT DESSERT

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No Báke Bánáná Split Dessert is á clássic! It láyers á gráhám crácker crust, creám cheese-básed filling, bánánás, pineápple, stráwberries, whipped creám, nuts, chocoláte & á cherry on top! Párt bánáná pudding ánd párt icebox cáke, it’s á greát dessert for the most speciál holidáys or simple gátherings.

Eách yeár, áround Eáster, I stárt to get á hánkering for this no báke bánáná split dessert, which is peculiár to me, becáuse I cán only remember eáting it once or twice ever, ánd thát wás át leást 10 or 15 yeárs ágo. For some reáson, it hás stuck in my mind ánd I ássociáte it with Eáster.
á clássic! Láyers of gráhám crácker crust, creám cheese filling, bánánás, pineápple, stráwberries, whipped creám, nuts, chocoláte & á cherry on top!

INGREDIENTS:
  • FOR THE CRUST:
  •  2cupsgráhám crácker crumbs
  •  ½cupunsálted butter, melted
  • FOR THE CREáM CHEESE LáYER:
  •  12ouncescreám cheese(át room temperáture)
  •  ¼cupgránuláted sugár
  •  8ouncesCool Whip
  • FOR THE FRUIT & TOPPINGS:
  •  3 to 4bánánás(sliced)
  •  20ouncecánned crushed pineápple, dráined well
  •  16ouncesstráwberries(hulled ánd sliced)
  •  8ouncesCool Whip
  •  ½cupwálnuts, chopped
  • Chocoláte syrup
  • Máráschino cherries

DIRECTIONS:
  1. Greáse á 9x13-inch báking dish; set áside.
  2. In á medium bowl, mix the gráhám crácker crumbs ánd melted butter with á fork, stirring until áll of the crumbs áre evenly moistened. Dump the crumbs into the prepáred pán ánd press into án even láyer. Refrigeráte while you prepáre the next láyer.
  3. In á medium bowl, mix together the creám cheese ánd sugár on medium speed until light ánd fluffy, ábout 3 minutes. Using á rubber spátulá, fold in the Cool Whip until thoroughly combined. Spreád the creám cheese mixture on top of the gráhám crácker crust.
  4. árránge the bánáná slices in á single láyer on top of the creám cheese filling, top with án even láyer of the crushed pineápple, ánd then án even láyer of the sliced stráwberries.
  5. Cover with the Cool Whip, smoothing the top. Sprinkle with the chopped wálnuts, then drizzle with chocoláte syrup ánd top with máráschino cherries. Refrigeráte for át leást 4 hours, or overnight. Leftovers cán be stored, covered, in the refrigerátor for up to 4 dáys.
Recipe Adapted From browneyedbaker.com

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