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!

The Best Homemade Vegan Loaded Nachos Recipe Ever

Vegan loaded nachos - I'm your number one fan.

Nachos are always a good idea... but when it's borderline summer time and cinco de mayo is just a few days away.. nachos sound like an even more fantastic idea altogether.
I went ahead and called this recipe - the best vegan loaded nachos recipe ever, mostly because I honestly do think these are the best vegan loaded nachos, ever. Period. 😛

The best homemade vegan loaded nachos recipe ever. You won’t need another. Loaded with homemade vegan sundried tomato walnut meat, simple pico de gallo, and nacho cheeze sauce. Recipe is flexible – feel free to get creative and add your own toppings!

INGREDIENTS
  • 1 bag of Tortilla chips (or you can make these oil free homemade tortilla chips).
  • Homemade sundried tomato walnut taco meat or your favorite store-bought vegan meat alternative such as Gardein Meatless Ground Beef Crumbles – but keep in mind store bought varieties usually include sugar and oils. Homemade is best.
  • Simple Pico De Gallo (a handful of cilantro, 1-2 tomatoes, half of a red onion, 1 garlic clove and the juice of one lime) or you can use store bought chunky salsa.
  • 1/2 cup to 1 cup Guacamole (if you want to make your own, check out this homemade guac using your food processor) For a quick an easy guac: Smash up one avocado with a fork and add the juice of one lime, and sprinkle with salt if desired. You can also just use avocado slices instead of guac if you prefer.

For Vegan Nacho Cheeze Sauce: 
  • 1 red bell pepper (160g)
  • 1/3 cup (46g) cashews (soaked if your blender is not powerful)*
  • 1/3 cup (49g) of hemp seeds (you can also use 1/3 cup sunflower seeds instead)
  • 1/2 cup (107g) of vegetable broth (water works too but you’ll miss out on the color that the veg broth provides)
  • 2 garlic cloves (7g)
  • 1/2 teaspoon (3g) onion powder
  • 1 teaspoon (4g) garlic powder
  • 1/8 teaspoon (1g) of chipotle pepper powder (you can also use cayenne pepper, I prefer the chipotle flavor though). Also, if you like lots of spice feel free to add more but I feel with 1/8 tsp it is spicy enough, so taste test first and then adjust.
  • 1/4 teaspoon of salt or more, adjust as needed.

Other options for toppings:
  • Sauerkraut
  • Chopped jalapenos
  • This vegan green cilantro garlic sauce, so yum!
  • Cooked Black beans (you can use canned black beans to save time)
  • Vegan Sour Cream

INSTRUCTIONS
  1. *If you are not making everything from scratch then you can skip to step #3 and begin there. 
  2. Begin by making your tortilla chips as instructed in this recipe. While your chips are baking in the oven – go ahead and make the walnut meat as instructed in this recipe. I usually pop my walnut meat in the oven while the chips are baking as well.
  3. Next go ahead and make the pico de gallo by chopping all ingredients, placing them in a bowl and coating them with the juice of one lime. Make the guac by mashing up the avocado with a fork and squeezing the juice of one lime (or lemon) and mixing. Set aside.
  4. Make the nacho cheeze sauce – throw all ingredients in your blender and process until smooth.
  5. Finally, once chips are ready, walnut meat has roasted, and all the toppings are ready to go – layer your nachos in this order (or any order really, but I like this order in particular): place chips on a plate, then add the walnut meat (or your store bought version) on top, next add the pico de gallo or chunky salsa, add a dollop of guacamole or avocado slices and drench – I mean drizzle – with the nacho cheeze sauce or store-bought vegan cheese. Add any additional toppings you like.
  6. It is now time to DIG in and enjoy.
NOTES
This recipe is very flexible – feel free to use your own toppings and quantities.
If your cheeze sauce is not very ‘pour-able’, you can add a bit more veg broth or water one tablespoon at a time until you reach a thinner consistency. I find that 1/2 cup of veg broth works great but feel free to adjust as needed.
If you do not have a powerful blender it is always recommended that you soak the cashews for at least 20 to 30 minutes so that you can achieve ultimate creaminess factor. If you have a vitamix, blendtec, or another powerful high-speed blender you don’t need to soak.
If spicy sauce is not your thing – you can try these with this cilantro garlic sauce instead.

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