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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!

BANANA NUT MUFFINS

BANANA NUT MUFFINS

Banana nut muffins, this is so quick , easy, moist, & full of flavor. These delicious muffins are one of my all time favorites muffins , i think soon to be yours too !

I have these Banana Nut Muffins baking in the oven, right now this very moment. Let me say…the aroma is absolutely intoxicating! I’m practically floating thru the house into the kitchen following the scent trail.

The basics shouldn’t be overlooked. These recipes are foundations that can be built upon with countless variations. Switch up fruits, fats, flours – the possibilities are endless.

These muffins take just minutes to put together and 25 minutes to bake. Probably takes less time & effort to bake a batch then it would to get dressed and head out to a bakery and buy a few. How’s that for keeping it simple.

BANANA NUT MUFFINS RECIPE

Banana Nut Muffins. Quick, easy, moist & full of flavor. These delicious muffins are one of my all time favorites - soon to be yours, too!

INGREDIENTS

1 cup all purpose flour
½ cup whole wheat flour
(You could use 1½ cup all purpose flour without any whole wheat flour if you'd like)
1½ teaspoon baking soda
¼ teaspoon salt
⅛ teaspoon nutmeg
⅛ teaspoon cinnamon
1 stick salted butter (1/2 cup), melted
3 large ripe bananas, mashed
½ cup sugar
¼ cup dark brown sugar, packed
¼ cup milk
1 large egg
1 teaspoon vanilla extract
¾ cup - 1 cup walnuts (toasted if you'd like)

INSTRUCTIONS

Preheat oven to 350°F.
Whisk flours, baking soda, salt, nutmeg and cinnamon together in a large mixing bowl. Set aside.
Melt butter. Set aside.
In a separate mixing bowl, mash bananas with a fork. Mix in butter, both sugars, milk, egg and vanilla. Stir until well combined.
Combine wet ingredients into dry ingredients. Stir until just combined - do not over mix.
Fold in half the walnuts.
Spoon batter evenly into 12 greased or paper lined muffin cups.
Sprinkle remainder of walnuts over top of muffins.
Bake for about 22 - 26 minutes or until muffins are golden brown and toothpick inserted into center comes out clean.
Let muffins rest in pan on wire rack for 5 minutes. Remove from pan and let cool completely on rack.

Recipe Adapted : BANANA NUT MUFFINS @ craftycookingmama

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