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 GLUTEN FREE, DAIRY FREE CHOCOLATE CREAM PIE- VEGAN, SOY FREE, NUT FREE

I am very excited about this delicious gluten free, dairy free chocolate cream pie. It’s so easy to make and it’s free from the top 8 food allergens! That makes this creamy chocolate pie: gluten/wheat free, dairy free, soy free, tree nut free, peanut free, egg free and of course fish and shellfish free. It is also vegan. One of the things I love most is that it only takes about 10 minutes to make the chocolate cream pie filling.
INGREDIENTS
  • 9 inch prepared gluten free graham cracker style crust
  • 1 1/2 cups canned coconut milk, not lite
  • 1 1/2 cups water
  • 3/4 cup granulated sugar or coconut sugar
  • 6 Tablespoons cocoa powder
  • 6 Tablespoons cornstarch
  • 1 Tablespoon vanilla extract
  • Non-dairy whipped topping, or homemade coconut whipped cream, optional
  • dark chocolate, to make chocolate curls or mini chocolate chips, optional

INSTRUCTIONS
  1. To make the chocolate pie filling: In a medium sized saucepan, add in coconut milk and water. Whisk together.
  2. Add in all other ingredients and whisk frequently while heating over medium heat.
  3. Continue to heat and whisk until mixture starts to boil and thicken. Remove from heat.
  4. Pour filling into the pie crust. Chill in refrigerator at least four hours or overnight. I like to place it in the fridge without the lid initially to let some of the steam escape from the hot filling. Then after about 20-30 minutes, I put the plastic cover on and store it with the lid on while chilling.
  5. When ready to serve, top with non-dairy whipped topping or whipped cream and chocolate shavings or chocolate chips. Refrigerate any leftover pie.
NOTES
This recipe does not work as well with tapioca starch or arrowroot starch in place of the cornstarch. The filling becomes somewhat gelatinous and the texture isn't as great as using cornstarch.

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