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!

Club Sandwich (Turkey, Ham, Bacon)

Club Sandwich (Turkey, Ham, Bacon)
A club sandwich is a delicious deli classic, and it is so easy to make yourself at home.
Club Sandwich (Turkey, Ham, Bacon)
A club sandwich is a delicious deli classic, and it is s easy to make yourself at home. Turkey, ham, bacon, Colby jack cheese, lettuce, tomato and mayo on wheat toast.
Course Sandwich
Cuisine American
Keyword classic club, club sandwich, clun sandwich recipe
Prep Time 10 minutes
Toast time 2 minutes
Total Time 12 minutes
Servings 2
Calories 452 kcal
Author Marjorie @APinchOfHealthy
Ingredients
  • 3 slices wheat bread (or bread of choice)
  • 2 Tablespoons mayo (I recommend Duke's, Hellmann's or Trader Joe's)
  • lettuce
  • tomato slices
  • salt and pepper to taste (on the tomatoes)
  • 2 ounces sliced deli ham
  • 2 ounces sliced turkey
  • 2 slices bacon cooked
  • 1 slice Colby jack cheese (or cheese of choice - cheddar and Swiss work great too)
Get IngredientsPowered by Chicory
Instructions
  1. Toast your bread, if you wish, and allow it to cool for a few minutes. This helps to avoid wilted lettuce.
  2. Spread the 3 pieces of cooled toast with mayo.
  3. On one slice, add your lettuce and tomato. Go ahead and add a little salt and pepper to those tomatoes.
  4. Put a 2nd piece of bread, mayo side down, on the sandwich. Then add a little more mayo to the top of that piece.
  5. Next, stack your meat and cheese, and top with the last slice of bread, mayo side down.
  6. Use a well-sharpened knife to cut the sandwich into triangles, using toothpicks to hold everything together.
  7. To up the visual game of your club sandwich, turn everything on its side to show all the pretty layers.
  8. Serve immediately and enjoy!
  9. Recipe Notes
  10. I like using pre-cooked bacon for simplicity sake. We like the Trader Joe's pre-cooked nitrate free bacon the best.
  11. Be sure and let your toast cool a few minutes before building the sandwich. This will keep the lettuce crisp.
  12. A well-sharpened knife is your best friend for this recipe. It will make the layers look really pretty and slice through the sandwich without squishing it too much.
  13. full recipe: https://www.apinchofhealthy.com/club-sandwich

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