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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!

QUESADILLAS (SHEET PAN QUESADILLA RECIPE)

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Sheet pan cheesy beef quesadillas are baked in one big batch in the oven instead of cooking them one by one on the stove.  These baking sheet quesadillas are made with soft flour tortillas and  loaded with ground beef filling, seasoned with Mexican taco seasonings, roasted red peppers, optional homemade salsa and melted gooey cheese. Perfect for dinner or lunch! This is how you make a large quantity of crisp but soft quesadillas in the oven for your family or a crowd fast!

Need dinner for a crowd in a hurry? Then I have a great sheet pan dinner for you. Baking the quesadillas in the oven is the key to making a bunch of quesadillas quickly. Just trim your tortillas to fit the sheet pan add the cheese and beef etc then pop it in the oven. More details on the ingredients and recipe is below.
My sheet pan quesadilla recipe is super handy on busy nights.  The fillings and topping you can add are endless. Make this recipe your own. If you don’t care for beef fillings, add shrimp. Don’t like shrimp, add chicken. Basically, add you’r favorite fillings. I usually go for beef or chicken because that’s what my family loves. Choose your favorite toppings or eat them without toppings.

Sheet pan cheesy beef quesadillas are baked in the oven instead of the stove.  These baking sheet quesadillas are made with soft flour tortillas and  loaded with ground beef filling, seasoned with Mexican taco seasonings, roasted red peppers, optional homemade salsa mixed with a bit of tomato sauce and melted gooey cheese.This is a fun way to make a large quantity of crisp but soft quesadillas in the oven for your family or a crowd fast!

Ingredients
  • 1/2 cup salsa or my homemade salsa (see notes for link to recipe)
  • 1 1/2 tbs homemade taco seasoning (see notes for link to recipe) or a packet of store taco seasoning (see packet directions)
  • 1/2 cup plain tomato sauce
  • 1 lb ground beef
  • 3 cup cheese ( I used monterery jack and colby mix)
  • 1/8 cup diced jarred roasted red peppers
  • 10 soft tortillas or square tortillas
Slurry
  • 2 tbsp water
  • 1 tbs flour

Instructions
  1. Preheat oven to 500°F. Spray a large 9x13 inch baking sheet with cooking spray. Cover the sheet pan in foil or parchment paper if you like then spray the foil/parchment paper with the cooking spray.  
  2. In a small bowl add the water and flour and mix well until the clumps have disappeared. Set to the side.
  3. Heat large skillet over medium high heat until hot. Add ground beef; cook until browned. Drain all but 2 tablespoons of the fat from the beef. Do not turn off the stove. Add the taco seasoning, salsa and tomato sauce. Add the slurry and mix until the ground beef mixture thickens. Reduce to simmer for 5 minutes. Cool for 10 minutes.
  4. Quesadillas (Sheet Pan Quesadilla recipe)
  5. Cover the baking sheet with half of the flour tortillas, trimming to fit. Sprinkle cheese and cooled ground beef.

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