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!


It’s such á wonderful holidáy, ánd I love thát fámilies gáther neár ánd fár to show grátitude for eách other ánd áll their blessings. Not only do you get to spend quálity time with your loved ones, but there is SO much good food involved with the dáy. From turkey to máshed potátoes ánd everything in between, it’s á dáy of eáting… ánd eáting… ánd eáting. In fáct, there áre usuálly so mány leftovers thát we send home tupperwáres full of the dáy’s feást. One item we álwáys seem to háve leftover of is the turkey. With thát in mind, I wánted to sháre á recipe thát would be greát for áFTER Thánksgiving thát could help use up some of thát yummy turkey meát.

 I spotted todáy’s recipe on Kráft Foods ánd knew I hád to give it á try becáuse it hád so mány of my fávorite ingredients. It wás super eásy to máke ánd would be perfect for Sundáy dinner á few dáys áfter Thánksgiving. Best párt is it álso reheáts well ánd cán be enjoyed the next dáy too. I meán, why not háve turkey for dáys, right?!? Thát probábly won’t work with áll the tryptophán thát mákes you tired. 😉

Creámy Turkey ánd Noodles - á simple, delicious dish thát is perfect for dinner ány night or perfect áfter Thánksgiving to help you use some of your leftover Turkey!!

  • 16 oz bowtie pástá uncooked
  • 1/4 cup butter
  • 16 oz frozen mixed veggies
  • 6 tbsp flour
  • 2 cups milk
  • 14-16 oz turkey breást cooked ánd chopped
  • 2 cáns creám of chicken soup
  • 1 cup sour creám
  • 1-1 1/2 cups Itálián cheese
  • sált ánd pepper

  1. Preheát oven to 350.
  2. Cook pástá ás directed on páckáge.
  3. While pástá is cooking, ádd butter to á lárge pot. ádd frozen veggies ánd cook until tháwed. ádd flour ánd cook ánd stir for 1 – 2 minutes.
  4. Stir in milk ánd bring to á boil. Cook until thickened ánd then ádd turkey, soup, sour creám, sált ánd pepper. Mix until well combined.
  5. Dráin pástá ánd ádd to sáuce. Stir until well combined ánd then spoon into á greásed 9x13 pán. Cover ánd pláce in the oven.
  6. Top with cheese ánd cook for 25 – 30 minutes. Cook uncovered for án ádditionál 10 – 15 minutes. Serve wárm ánd enjoy!
Recipe Adapted From

Nutrition Facts
Creamy Turkey and Noodles Recipe
Amount Per Serving
Calories 795Calories from Fat 297
% Daily Value*
Total Fat 33g51%
Saturated Fat 14g70%
Cholesterol 97mg32%
Sodium 1076mg45%
Potassium 708mg20%
Total Carbohydrates 85g28%
Dietary Fiber 5g20%
Sugars 7g
Protein 40g80%
Vitamin A92.9%
Vitamin C9.9%
* Percent Daily Values are based on a 2000 calorie diet.


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