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!



I have to caveat this by saying that even snacks that aren’t processed and loaded in gluten and sugar cannot be indulged in too often or too much at a time. Even the healthiest desserts will create an unwanted gain, so the key is to enjoy a moderate amount occasionally, not daily. Ok, with that aside, let’s get to the good stuff!
  • 4 strips Nitrate free bacons
  • 2 tablespoons pure surgar-free maple syrup, divided
  • ½ cup creamy, no-sugar added almond butter
  • ⅔ cup coconut palm sugar
  • 1 cup coconut cream
  • ½ cup coconut flour
  • ½ teaspoon sea salt
  • 1½ cups Lily’s chocolate chips (stevia sweetened)
  • 1 tablespoon coconut oil
  1. Preheat the oven to 400 degrees F. Line a rimmed baking sheet with foil and place a metal cooling rack on it.
  2. Brush the bacon strips with 1 Tablespoon of maple syrup and arrange on the wire rack on the prepared pan. Bake for 8-12 minutes, until crispy and caramelized.
  3. Mince the bacon once it has cooled. Set aside a Tablespoon of the minced bacon to use as garnish.
  4. In a large mixing bowl, using an electric mixer, cream the almond butter and coconut palm sugar until light and fluffy. Add the coconut cream and beat until fully combined. Add the coconut flour and salt, mixing on low until combined. Stir in the bacon.
  5. Line a baking sheet with parchment paper. Scoop up 40 small round balls of the dough and place them on the prepared baking sheet. Place in the freezer as you prepare the chocolate.
  6. Melt the chocolate chips and coconut oil in a double boiler. Dip the almond butter balls in the chocolate one by one, removing excess chocolate before setting the truffles back down on the parchment paper. Immediately garnish each truffle with a pinch of minced candied bacon before moving on to dip the next truffle. Once all of the truffles are complete, chill for at least 10 minutes before serving. Keep in an airtight container in the fridge for a week or in the freezer for up to a month. Enjoy!


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