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!

HOMEMADE COOKIE MONSTER ICE CREAM

Creamy (no churn!) vanilla ice cream loaded with 2 different kinds of cookies. A cookie lover’s dream come true!
I don’t want to sound like an old fogey, but Sesame Street these days is just ridiculous.

Apparently Cookie Monster eats vegetables and says that cookies are a “sometimes” food?!?! WHAT?!

Pfffttt. If you’re like me and believe cookies are one of the main food groups, then this ice cream is for you!

It’s loaded with 2 different kinds of cookies and I mean loaded! No 1-2 cookie pieces per bowl on this blog uh-uh!

One thing to note here is the use of store bought chocolate chip cookies. I adore store bought sweets as much as the next guy (okay probably even more, looking at you store bought cupcakes!).  However, packaged chocolate chip cookies are not my favorite. However,  they work really well here because their crunchy texture stands up to the ice cream.You may be able to substitute a very crunchy homemade one instead.

If you’re looking for a recipe I’m afraid I can’t help you because I’m a soft and chewy girl through and through!

Ingredients
  • 2 Cup Heavy Whipping Cream
  • 1 14 oz Can Sweetened Condensed Milk
  • 2 Tablespoons of Vanilla Extract
  • ½-1 Teaspoon Blue Food Coloring
  • 20 Chocolate Sandwich Cookies (like Oreos), Roughly Chopped
  • 15 Chocolate Chip Cookies (Store bought is preferred here because of their harder texture), Roughly Chopped

Instructions

  1. Whip heavy cream, vanilla, and food coloring together until stiff peaks form. If you're like me and don't have a mixer all you need is a VERY cold bowl/whisk and some upper arm strength!
  2. Stir in sweetened condensed milk until well blended. Add additional food coloring to reach your desired shade of blue.
  3. Fold in chopped cookies sprinkling extra on top if desired.
  4. Freeze for ~6 hours.
  5. Place in freezer for at least 5 hours.
Recipe Source;bakingbeauty.net

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