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!

COWBOY LASAGNA

COWBOY LASAGNA
This post was sponsored by Ragu through Linqia
I am kind of wondering why this is called Cowboy Lasagna. Do cowboys eat pepperonis, Italian sausage and ground beef? Maybe I am a cowboy and didn’t know it! 
COWBOY LASAGNA
Prep Time 20 mins
Cook Time 55 mins
Total Time 1 hr 15 mins
Course: main
Cuisine: American
Servings: 12
Calories: 400 kcal
Author: Loaves and Dishes

Ingredients
  • 1 lb browned ground beef
  • 1 lb browned italian sausage
  • 2 jars tomato based Pasta Sauce
  • 12 Lasagna noodles cooked per package instruction
  • 12 oz pepperonis two packages
  • 4 Cups Shredded Mozzarella Cheese
  • 8 oz Ricotta Cheese
  • 4 oz Grated Parmesan Cheese
Instructions
  1. Preheat the oven to 350. While the oven is preheating, brown the ground beef and the Italian sausage over medium heat in a frying pan. When browned, remove each from the heat and reserve. Cook the Lasagna noodles according to package instructions and reserve.
  2. In a 9x13 baking dish Spoon several spoonfuls of the pasta sauce into the baking dish. Begin layering the ingredients as follows: 3 lasagna noodles, 1/3 of the pasta sauce, ⅓ of the browned ground beef, ⅓ of the italian sausage, ⅓ of the pepperonis, ⅓ of the Mozzarella Cheese, ⅓ of the Ricotta Cheese, ⅓ of the parmesan. End with the cheeses on top.
  3. Place the 9x13 pan on a baking sheet and place on the middle rack of the oven. Bake for 45-55 mins until heated through and bubbly. Cheese will be melted throughout and the edges will be browned. If you like yours less browned, lightly cover with aluminum foil for the last 15 minutes.
  4. Remove from the oven and serve hot. Great with garlic bread and a salad!
  5. Recipe Notes
  6. This simple recipe is for Cowboy Lasagna
  7. full recipe: https://www.loavesanddishes.net/cowboy-lasagna

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