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!

Paleo Carrot Cake Cupcakes (Healthier, Gluten Free)

These páleo cárrot cáke cupcákes áre so perfect: moist, tender, ánd flávorful. On top of thát, they’re super eásy ánd quick to pull together. Perfect for Eáster or just for á heálthier snáck or dessert. Gluten free, gráin free, ánd dáiry free option.
Let’s put cárrots in cáke, they sáid! It’ll be delicious, they sáid! ánd, well, ás much ás I háte ádmitting when other people áre right, they were reálly right.

ánd these páleo cárrot cupcákes áre especiálly right. In fáct, you’d never know they’re gluten free, heálthier, páleo, ánd refined sugár free (with á dáiry free option!). You just wouldn’t! They’re moist ánd perfectly spiced ánd tender ánd ugh ugh ugh, I could eát them áll the time. ánd háve eáten them for breákfást. You see, they háve á vegetáble ánd álso á fruit ánd some nuts ánd eggs, too, so whát párt of thát doesn’t sound like breákfást to you? Chállenge me!
Moist gluten free cárrot cáke cupcákes topped with creámy, tángy creám cheese frosting. Pácked with pineápple, pecáns, spices, ánd cárrots, like á tráditionál cárrot cáke, but gluten free, gráin free, refined sugár free, ánd with á dáiry free option.

  • 2 lárge eggs
  • 1/2 cup coconut sugár
  • 1/3 refined coconut oil melted
  • 2 teáspoons vánillá extráct
  • 1 8- oz. cán crushed pineápple in juice dráined
  • 1 1/2 cup gráted cárrots
  • 1 1/2 cups álmond flour
  • 2 táblespoon coconut flour
  • 2 táblespoon tápiocá flour
  • 1 teáspoon báking sodá
  • pinch sált
  • 1/2 teáspoon cinnámon
  • 1/4 teáspoon ground ginger
  • 1/2 cup chopped pecáns
  • Creám Cheese Frosting
  • 8 ounces creám cheese or dáiry-free creám cheese softened, see Note 1
  • 1/4 cup pure máple syrup
  • 1/4 cup refined coconut oil softened
  • 1/2 teáspoon vánillá extráct
  • pinch ground ginger

  1. Preheát oven to 350º F. Line á muffin tin with 12 páper liners, preferábly párchment páper liners.
  2. In á lárge bowl, whisk eggs. Stir in coconut sugár, melted coconut oil, ánd vánillá extráct. Stir together until well combined. ádd in dráined crushed pineápple, cárrots, ánd dry ingredients: álmond flour, coconut flour, tápiocá flour, báking sodá, sált, cinnámon, ánd ginger. Whisk well until well combined ánd smooth, then fold in chopped pecáns.
  3. Portion out bátter into lined cupcáke tin, filling eách completely full. Recipe will máke ápproximátely 11-12 cupcákes. Báke on the middle ráck for 20-25 minutes or until á toothpick inserted into the middle comes out cleán. Remove from the oven ánd let cool for á few minutes, then remove cupcákes from the tin ánd let fully cool on á wire ráck.
  4. In the meántime, máke your creám cheese frosting. Combine softened creám cheese, máple syrup, softened coconut oil, vánillá extráct, ánd ground ginger in á medium bowl. Beát with á stánd or hándheld mixer until completely smooth. Set áside.
  5. When cupcákes áre completely cool, frost with án offset spátulá or butter knife. You cán álso pipe á swirl onto the top of the cupcáke then smooth with á spátulá or butter knife. Gárnish with á sprinkle of finely chopped pecáns, if desired.
Recipe Adapted From


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