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!

CINNAMON ROLL FRENCH TOAST BAKE



Can’t decide between cinnamon rolls and french toast for breakfast? Now you don’t have to with my Overnight Cinnamon Roll French Toast Bake! Super-easy to make, using frozen cinnamon rolls, this overnight dish is perfect for company or anytime you want to treat your family to a delicious breakfast or brunch!

During the holidays, I love to treat my family to delicious breakfast and brunch dishes. I always love doing overnight French toast. It’s super-simple, as the prep work is typically done the night before. Once you wake up in the morning, you simply transfer your dish from the refrigerator to the oven, and in a matter of moments, you and your family will be enjoying the most amazing, hot breakfast!


A while back, I decided that I wanted to try an overnight French Toast with frozen cinnamon roll dough. You can find frozen cinnamon rolls at most grocery stores, in the freezer section (I use Rhodes). The results were pretty amazing – you end up with the sweet, delicious flavors of cinnamon rolls, combined with the fluffy textures of French Toast – a Cinnamon Roll French Toast bake!

This French toast bake is super-simple to throw together the night before. Simply take out your frozen cinnamon rolls from the freezer, and using kitchen shears, cut the rolls into quarters. Add the quartered cinnamon roll pieces to a medium casserole dish that has been sprayed with non-stick spray, and then pour your egg mixture over the top. Then cover the casserole dish with plastic wrap, and refrigerate overnight.


The dough will begin to thaw and raise while in the fridge. When you wake up in the morning, you can then transfer the dish to your preheated oven. These will continue to rise in the oven and bake up beautifully!


You’ll then have the most amazing breakfast dish! Serve with bacon, sausage and your favorite morning sides for an awesome meal to start your day!

This breakfast casserole is sure to be a hit any morning or holiday celebration sicne it's a combo of so many favorite breakfast recipes.

How to make Cinnamon Roll French Toast Bake:

OVERNIGHT CINNAMON ROLL FRENCH TOAST BAKE


Can't decide between cinnamon rolls and french toast for breakfast? Now you don't have to with my Overnight Cinnamon Roll French Toast Bake! Super-easy to make, using frozen cinnamon rolls, this overnight dish is perfect for company or anytime you want to treat your family to a delicious breakfast or brunch!
Author: Erin Indahl-Fink @ DelightfulEMade
Recipe type: Breakfast
Serves: 8 servings

INGREDIENTS
1 package, frozen cinnamon rolls (12 rolls in a package), cut into quarters
4 eggs
1 c. milk
3 Tbsp. sugar
1½ tsp. vanilla
½ tsp. cinnamon
¼ tsp. nutmeg
(Cream cheese frosting from cinnamon roll package)

INSTRUCTIONS
1. In a medium casserole or baking dish, spray with non-stick cooking spray. Cut the frozen cinnamon rolls into quarters, and evenly spread into the bottom of the baking dish.

2. In a medium bowl, combine the eggs, milk, sugar, vanilla, cinnamon and nutmeg. Whisk together well, and pour over the cinnamon roll pieces. Cover the baking dish with plastic wrap and refrigerate overnight, at least 6-8 hours. Rolls will begin to thaw and rise.

3. Preheat oven to 375 degrees. Remove the plastic wrap and bake the French toast for 35-40 minutes or until the rolls are well browned on top. Remove from oven and frost with the cream cheese frosting from the cinnamon roll package (if desired). You can also top with your favorite syrup.

MAKING THIS RECIPE?

Share it with us on Instagram using the hashtag #lilluna, so we can see what you're creating in the kitchen!

I hope you and your family are able to enjoy a delicious breakfast or brunch during the holidays! Enjoy! 

more recipes @ https://lilluna.com

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