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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!

Stuffed Mini Peppers


These stuffed mini peppers are SO stinkin’ good and easy to make! I’m always on the hunt for appetizers that can be made ahead of time and easy to take to a gathering, and this one hits the nail on the head.

They remind me of a jalapeño popper only not as spicy, and with more of a crisp and refreshing crunch.

I don’t know if you’ve ever tried these mild little peppers, but they are super convenient, healthy and fun! I’ve seen many ways to stuff them, but I love this simple 5 ingredient recipe because it’s easy and definitely not missing any flavor.
Oh, and did I mention that these little guys are also low carb and gluten free?!


This recipe can be made the night before so that there’s less stress the day you’re ready to party. :)


Stuffed Mini Peppers Recipe

INGREDIENTS: 
  • 1 large bag sweet mini peppers (I buy the 2 pound bag) 
  • 2 (8 ounce) packages cream cheese 
  • 1 package of bacon (cooked and chopped) 
  • 2-3 jalapeños (finely diced) 
  • 1 1/2 cups shredded sharp cheddar or pepper jack cheese 
INSTRUCTIONS: 
  1. Remove the cream cheese from the fridge and let it sit at room temperature for about 30 minutes. This will make it easier to mix with the other ingredients later. 
  2. Meanwhile, cook the bacon until it’s crispy. I prefer to cook mine in the oven set at 375 degrees on a foil lined baking sheet for about 20 minutes (flip it half way through). 
  3. While the bacon is cooking, cut the tops off of the mini peppers and clean out the seeds. You can also take this time to finely dice the jalapeños and shred the cheese if you haven’t already. 
  4. Once the bacon is done and cooled a bit, use a large knife to chop it into small bits. 
  5. In a medium to large bowl, use a spoon to mix together all of your ingredients except for the mini peppers. 
  6. Use a small spoon or mini spatula to stuff the mini peppers with the mixture. 
  7. That’s it! Enjoy. 
TIPS: 
To make this appetizer even easier, you can use bacon bits instead of cooking and chopping your own. 
This recipe is actually pretty mild. If you’d like to make it a little spicier, consider keeping some of the jalapeño seeds in the mixture. 
Chives or green onions are also a nice addition to this recipe. I leave them out because my family doesn’t like them. 
If you have the time, the sweet mini peppers are even better grilled for a few minutes before they are stuffed. 
This recipe can be made the night before so that there’s less stress the day you’re ready to party. :) 

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