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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!

NO BAKE ORANGE CREAMSICLE CHEESECAKE

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NO BAKE ORANGE CREAMSICLE CHEESECAKE
If you are a fan of Creamsicles, you are going to want to make this No Bake Orange Creamsicle Cheesecake this summer. You will find a delicious Nilla Cookie crust with layers of orange creamy cheesecake filling. Perfect for summer picnics and BBQ’s.
NO BAKE ORANGE CREAMSICLE CHEESECAKE
I love making no bake cheesecakes. They are so simple to make and always tastes so delicious. During the summer months, I am one who does not like to turn on my oven. So no bake desserts are always best. No need to heat up the house or myself, ha ha. Light and fruity desserts are always great when warm weather hits. I serve them when we have our summer BBQ’s. If you need a great summer dessert for a potluck, picnic, or BBQ, you will want to make this. Trust me…. everyone will LOVE it!
This No Bake Orange Creamsicle Cheesecake will be made MANY of times in my kitchen this spring and summer. As you can see from the pictures, it looks light and dreamy and so impressive, sort of like a Creamsicle Bar. Since my family loves Creamsicle bars, I knew they would enjoy this amazing dessert.
I love my Nilla Pie Crust recipe. I use it more often than a graham cracker crust now because it adds such a great flavor to pies. Since a Creamsicle has a hint of vanilla flavoring, I decided on a Nilla crust for this cheesecake. I couldn’t have chose a better crust.
If you prefer a graham cracker crust, I am sure the cheesecake would taste wonderful too! This cheesecake looks so decadent. I showed it off quite a few times before I snapped these pictures for the blog. Everyone that I showed it to thought it was SO PRETTY! I had it in the fridge for a day to set and my kiddos kept asking how long before they could dig in.
You will want to add some Nilla Wafers, cream cheese, heavy cream, orange Jell-o, and an orange to your shopping list to make this No Bake Orange Creamsicle Cheesecake. The recipe is quite simple to make with just a few dirty dishes to clean up when finished.
INGREDIENTS
  • 11 oz Vanilla Wafer Cookies
  • 1 1/2 cup Sugar, divided
  • 4 tbsp melted Butter
  • 16 oz Cream Cheese, softened
  • 16 oz Heavy Cream
  • 1 3.3 oz box Orange Gelatin
  • 1 cup boiling Water
  • Zest from 1 Orange
  • 1/4 tsp Vanilla Extract
  • 1/2 cup Powdered Sugar
DIRECTIONS
  1. Put vanilla wafers in food processor and pulse until finely chopped.
  2. Add 3/4 cup sugar and melted butter and pulse to incorporate.
  3. Grease bottom and sides of 9″ spring form pan.
  4. Press mixture into bottom and slightly up sides of pan.
  5. Place in freezer for 30 minutes.
  6. Beat cream cheese and remaining sugar until smooth.
  7. In a medium bowl, combine gelatin and boiling water. Whisk until dissolved.
  8. Set aside.
  9. Zest orange and set aside.
  10. Whip heavy cream, powdered sugar and vanilla until stiff peaks form.
  11. Add 1/2 of whipped cream mixture to cooled gelatin and add orange zest. Whisk to blend.
  12. Set aside.
  13. Fold remainder of whipped cream mixture into cream cheese mixture.
  14. Spread 1/2 cream cheese mixture over crust.
  15. Pour 2 cups of orange whipped cream mixture over cream cheese mixture.
  16. Gently spread remaining cream cheese mixture over orange mixture.
  17. Pour remaining orange whipped cream mixture over plain cream cheese mixture.
  18. If desired, take a butter knife and gently glide through cream cheese layers to swirl.
  19. Refrigerate for at least 6 hours.
Do you have a favorite No Bake Cheesecake?
No Bake Orange Creamsicle Cheesecake
If you are a fan of Creamsicles, you are going to want to make this No Bake Orange Creamsicle Cheesecake this summer. You will find a delicious Nilla Cookie crust with layers of orange creamy cheesecake filling. Perfect for summer picnics and BBQ's.

Ingredients
  • 11 oz Vanilla Wafer Cookies
  • 1 1/2 cup Sugar divided
  • 4 tbsp melted Butter
  • 16 oz Cream Cheese softened
  • 16 oz Heavy Cream
  • 1 3.3 oz box Orange Gelatin
  • 1 cup boiling Water
  • Zest from 1 Orange
  • 1/4 tsp Vanilla Extract
  • 1/2 cup Powdered Sugar
Instructions
  1. Put vanilla wafers in food processor and pulse until finely chopped.
  2. Add 3/4 cup sugar and melted butter and pulse to incorporate.
  3. Grease bottom and sides of 9" spring form pan.
  4. Press mixture into bottom and slightly up sides of pan.
  5. Place in freezer for 30 minutes.
  6. Beat cream cheese and remaining sugar until smooth.
  7. In a medium bowl, combine gelatin and boiling water. Whisk until dissolved.
  8. Set aside.
  9. Zest orange and set aside.
  10. Whip heavy cream, powdered sugar and vanilla until stiff peaks form.
  11. Add 1/2 of whipped cream mixture to cooled gelatin and add orange zest. Whisk to blend. Set aside.
  12. Fold remainder of whipped cream mixture into cream cheese mixture.
  13. Spread 1/2 cream cheese mixture over crust.
  14. Pour 2 cups of orange whipped cream mixture over cream cheese mixture.
  15. Gently spread remaining cream cheese mixture over orange mixture.
  16. Pour remaining orange whipped cream mixture over cream cheese mixture.
  17. If desired, take a butter knife and gently glide through cream cheese layers to swirl.
  18. Refrigerate for at least 6 hours.

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