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!

LOADED TWICE BAKED POTATOES


These loaded twice baked potatoes are a great side dish, especially for special occasions. They’re stuffed with bacon, cheese and topped with fresh chives.



Our kids aren’t picky eaters, but when it comes to potatoes they are! Mashed potatoes and hash browns are a no-go. These stuffed potatoes however, were a huge hit! The youngest devoured hers in minutes and the oldest said, “I really like this stuff mom, where’s the potato?” ???? We will definitely be making these in a few weeks, I hope you will too!




This is probably the fourth time I’ve made twice baked potatoes, and I think I’m finally happy with the recipe. They’re creamy, flavorful and loaded with all of the goodies. Best of all, you don’t need to use an entire stick of butter! Of course, if you want to, I won’t judge. If you want to serve these for a party you can make them ahead. Bake them, stuff them and pop them in the refrigerator. Pop them in the oven for 30 minutes and violà!




Serve them up with roasted chicken, pork tenderloin or turkey. They go great with just about anything!

Prep time
15 mins
Cook time
1 hour 30 mins
Total time
1 hour 45 mins

These loaded twice baked potatoes are a great side dish, especially for special occasions. They're stuffed with bacon, cheese and topped with fresh chives.
Author: Natalie
Yield: 8 servings
Ingredients
4 large russet potatoes, washed
4 tbsp. unsalted butter
⅓ c. light or regular sour cream
⅓ c. whole milk
½ tsp. kosher sea salt
½ tsp. garlic powder
¼ tsp. ground black pepper
¼ tsp. paprika
¼ tsp. onion powder
1 c. cheddar cheese, divided
6 slices bacon, cooked and crumbled, divided
2 tbsp. chopped chives

Directions
Preheat oven to 400 degrees.
Wrap potatoes in foil OR rub with a little bit of vegetable oil, prick with a fork and place on a lined baking sheet. Place in the oven and bake for 1 hour or until tender.
Remove from the oven and allow to cool for 10 minutes. Reduce oven to 350 degrees.
Using a knife, cut each potato in half lengthwise. Spoon out the inside of the potatoes into a large mixing bowl, taking care not to break the skin. Leave a thin lining of potato for support. Return the potato skins to the baking sheet.
In the large mixing bowl, add the butter, sour cream, milk, salt, garlic powder, pepper, paprika, onion powder, ⅔ cup cheddar cheese and 3 slices crumbled bacon. Mash and mix until combined, but still slightly chunky. Scoop filling into the shells, top each potato with remaining cheese.
Place in the oven and bake for 20-25 minutes or until the cheese is melty. Remove from the oven and sprinkle with reserved bacon and the chives. Enjoy immediately.

Notes
-These reheat really well! You can definitely make them ahead, stuff them and then bake them (the second time) right before you want to serve them.

link recipes from https://lifemadesimplebakes.com/2016/11/loaded-twice-baked-potatoes/

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