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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!

ICE CREAM SANDWICH SUNDAE ICEBOX CAKE

, Edit
For two years in a row, my husband and I rounded up our families, snagged a beach house in Florida and escaped for a low-key week of relaxation. Since we rent a house, one of the very first things we do after getting there is hit the grocery store so we can stock the kitchen with food for the week. We’re lucky that there’s a Publix only a mile or two away from the place where we stay, so we can make quick trips throughout the week.

I love when my father-in-law goes to the store because he’s basically my grocery shopping soul mate. We buy whatever looks and sounds good at the time! He brings back things like fresh Italian bread, salami and provolone for sandwiches, chocolate-frosted Entenmann’s doughnuts and ice cream sandwiches… stuff that you don’t eat everyday, but are perfect vacation treats. Without fail, we would all end up hanging out in the living room around 9pm, eating ice cream sandwiches and watching TV with the ocean as a backdrop.
A few weeks ago, my mom told me about a great dessert she had at a picnic with ice cream sandwiches. I knew immediately that it would be a big hit with our Sunday dinner crew!
Layers of ice cream sandwiches, caramel, hot fudge and Cool Whip, topped with chopped peanuts and maraschino cherries.

INGREDIENTS:
  • 24 ice cream sandwiches (homemade or store-bought)
  • 1 (12-ounce) jar caramel topping (or substitute homemade)
  • 1 (12-ounce) jar hot fudge topping (or substitute homemade
  • 1 (8-ounce) Cool Whip
  • Chopped peanuts
  • Maraschino cherries

DIRECTIONS:
  1. Line the bottom of a 9×13-inch pan with half of the ice cream sandwiches, cutting them to fit as needed.
  2. Spread the jar of caramel topping over top of the ice cream sandwiches. Place in the freezer for 10 minutes.
  3. Arrange the remaining ice cream sandwiches on top of the caramel layer, again cutting as needed to fit the pan. Spread the hot fudge over the ice cream sandwiches. Spread the Cool Whip on top. Place in the freezer until ready to serve.
  4. Serve with chopped peanuts and maraschino cherries. The dessert can be stored in the freezer for up to 1 month.

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