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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!

TWICE BAKED POTATO CASSEROLE

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There’s nothing more comforting than twice baked potatoes – unless you turn them into a casserole!

Pure comfort food.  That’s what this Twice Baked Potato Casserole is all about.  Last week my husband had a potluck at work.  He texted me saying that he needed me to make potato salad. Potato salad??  It just sounded so boring.  I had made a baked potato salad for his coworkers before and it had gone over quite well and so I thought I’d make that again.
I started by baking up some russet potatoes.  You can use whatever variety you like best.  After a quick rub down of olive oil and kosher salt, they get baked up nice and crisp in the oven.  I bake my potatoes on a sheet pan to keep my oven from getting all messy.  You can wrap them in foil but then you won’t get the super crispy skins which is what I was going for.

After the potatoes are baked up nice and tender, let them cool until you can handle them with ease. I left my skins on because the crispy potato skins are part of the twice baked potato experience.  If that freaks you out, just peel the skin off.  It comes off super easily after the potatoes are baked.

Now it’s time to mix them with all of you favorite twice baked potato fixins.  I used sour cream, sharp cheddar cheese, bacon, and green onions as well as a bit of mayo to help this casserole hold together and to make it extra creamy.  It’s a must.
There's nothing more comforting than twice baked potatoes - unless you turn them into a casserole! This Twice Baked Potato Casserole has all your favorite flavors from a twice baked potato but in a deliciously fabulous casserole from - yum!

Ingredients
  • 8 medium potatoes, scrubbed and dried
  • 2 tbsp olive oil
  • 1 tbsp kosher or sea salt
  • 3/4 pound sliced bacon, cooked and crumbled
  • 2 cups shredded sharp cheddar cheese
  • 3/4 cup mayonnaise
  • 3/4 cup sour cream
  • 5-6 green onions, sliced
  • salt and pepper to taste

Instructions

  1. Preheat oven to 400 degrees.
  2. Rub potatoes with olive oil and salt and place on baking sheet.
  3. Bake for 45-60 minutes or until tender when pierced with a fork, flipping halfway through.
  4. Let cool for 15 minutes.
  5. Preheat oven to 350 degrees.
  6. Cut potatoes into bite-sized pieces and place in a bowl. Its perfectly acceptable for the potato pieces to slightly fall apart.
  7. Stir in mayonnaise and sour cream.
  8. Set aside 1/3 cup cheese, 3 tbsp bacon, 2 tbsp sliced green onions for the top of the casserole. Stir in remaining ingredients.
  9. Spoon into a greased deep dish 9x9 baking dish or a 9x13 baking dish. Top with reserved shredded cheese and bacon.
  10. Cover dish with foil and bake for 30 minutes, removing foil for the last 10 minutes.
  11. Top with remaining sliced green onions and serve.

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