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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!

Creamy Potatoes and Peas

Creamy Potatoes and Peas
Creamy Potatoes and Peas were a favorite side dish growing up. It is creamy comfort food at it’s best, especially with peas fresh from the garden.
I loved these creamy potatoes and peas as a side dish when we were growing up. Of course, it tastes best with fresh, garden peas but frozen peas work fine too. If you are using garden peas, be sure to blanch them first. This is a great dish to serve with any kind of meat – chicken, turkey, pork, or steak. It taste especially good as a side dish to meat loaf.
Many people make these with heavy cream or half-and-half to make them extra creamy but I like to use skim milk. I honestly can’t taste that much of a difference but I know the calorie difference is huge. This is so great for kids of all ages. It is easy to mash up if you have a child that prefers mashed potatoes or for babies (my 10-month old LOVES this stuff). It is a great alternative to your typical baked potato side dish. It is easy to adjust the recipe for crowds if you are needing a side dish for a potluck. Another benefit to this recipe is that it is inexpensive to make.
Did you know peas have some great health benefits? They are a good source of vitamin K, manganese, fiber, vitamins B1, B6, B2, and vitamin C. There are many good reasons your mother told you to eat your peas! Peas are low in calories, low in fat, high in fiber, and high in protein. Peas have anti-inflammatory properties and they are good for digestion and eye-sight. Peas also prevent hair loss and can help in the prevention of diseases like Alzheimer’s, arthritis, and stomach cancer.
Potatoes are also so good for you! They have more potassium than a banana. Because potatoes are high in fiber, the help lower cholesterol and decrease the risk of heart disease. Potatoes are also high in vitamin C and vitamin B6. You can feel great about preparing this healthy dish for your family!

More Potato Side Dishes
  • I tend to get in a rut of turning to baked potatoes or mashed potatoes as a side dish. Potatoes are so versatile and go well with many vegetables. Here are a few of our favorites:
  • Pesto Potatoes – These diced potatoes are coated in pesto and roasted to perfection. So easy and packed with flavor!
  • Roasted Potatoes and Brussels Sprouts – Another easy side dish! The bacon adds a tasty dimension – a must try!
  • Roasted Red Caesar Potatoes – Red pepper, Caesar salad dressing, and Parmesan cheese flakes give these potatoes a unique Italian zest.
  • Grilled Foil Ranch Potatoes – These potatoes are great in the summer. Throw them on the grill at your next BBQ. The packets can be loaded with bacon, ham, onions, peppers, and/or cheese. The clean-up is so easy!
  • Parmesan Baked Potato Halves – This is one of the most popular recipes on our site. The potato halves are cooked in butter and Parmesan cheese giving the potatoes a crispy, flavorful topping.
Creamy Potatoes and Peas
Prep Time 5 mins
Cook Time 15 mins
Total Time 20 mins

Creamy Potatoes and Peas were a favorite side dish growing up. It is creamy comfort food at it's best, especially with peas fresh from the garden.
Course: Side Dish
Servings: 4

Ingredients 
  • 6-8 red potatoes cubed
  • 3-4 Tbsp. butter
  • 1/4 c. flour
  • 1 c. milk or to taste
  • salt and pepper to taste
  • 1 c. peas fresh or frozen
Instructions
  1. Boil potatoes in salted water until just done/fork tender, approximately 10-15 minutes depending on the size of your potato cubes (you don't want them overdone or they will get mushy real quick).
  2. Drain and set aside.
  3. In a medium-sized saucepan, melt butter over medium heat.
  4. Slowly add flour, stirring, until flour/butter mixture becomes doughy (you may not need all the flour).
  5. SLOWLY add milk, whisking constantly until mixture becomes smooth and creamy. You want it to be a gravy consistency so add more milk if it seems too thick.
  6. Add salt and pepper, to taste.
  7. Add peas and bring to a slight simmer.
  8. Carefully fold creamy mixture into potatoes until potatoes become well covered and serve!


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