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!

Valentine's Day Monster Cupcakes

Valentine’s day is one of my favorite holidays for fun recipes and crafts! I absolutely love all things magenta, coral, salmon, red, and, well…. every other shade of pink there is! These Valentine’s Day Monster cupcakes are so incredibly fun to make plus, they are basically impossible to mess up!
Being able to get messy in the kitchen with kids is one of the best experiences you can have. Since these cupcakes are mostly just decorated by “piling on” icy in a way that is literally meant to look messy, it is PERFECT for the little ones!

Do you have a sweet cheeked little cherub that steals your heart for Valentine’s Day? Then here’s a fun way to show them how much you care with these super adorable Valentine’s Day Cuddle Monster cupcakes.

You can bake them as a sweet surprise. Or better yet, bake them up together. Kiddos love that one on one time with you and you’re sure to laugh together and make some great memories making these cuddle monster cupcakes.

Don’t feel like you have to stick to the same versions seen here. Get creative, get goofy and bring on the giggles. These cuddle monsters are certainly sweet, but what makes them extra fun is that they are oh so silly!

Ingredients



1 box of french vanilla cake mix
3 eggs
1/2 C (1 stick) of softened unsalted sweet cream butter
1 C whole milk
1 tsp vanilla extract
22 brown M&M's
22 square marshmallows
1 small fondant circle cutter
1 package of mustache
1 container of Red fondant
1/2 C powdered sugar
1 Mini heart cookie cutter
cupcake liners
cupcake pan
1 tube of chocolate frosting
1 disposable piping bag fitted with a number 4 tip
1 disposable piping bag fitted with a wilton grass tip
Frosting Ingredients
1 C unsalted
3 C powder sugar
3 - 5 TBSP heavy whipping cream
1 tsp Vanilla bean paste
Pink gel food coloring
Instructions


Preheat oven to 350 and line cupcake pan with the liners
Using a hand mixer, beat together the cake mix, butter, milk, and vanilla and mix until combined
Using a medium ice cream scoop, scoop the batter into the cupcake liners and fill about 3/4 of the way full
Bake in the oven for about 21 minutes
Pull out and place on the side to cool
Heart Ears Directions
Sprinkle the 1/2 C of powdered sugar and roll the red fondant out to 1/8th inch thick
Cut out 44 hearts for the "Ears"
Set aside to dry
Eye's Directions


Using the circle cookie cutter, cut out 22 rounds from the marshmallows for the eyes
Pipe a dollop of chocolate frosting onto the center of the marshmallow
Place a M&M onto the frosting
Frosting Directions


In a standing mixer, combine the butter, powder sugar, vanilla, and the heavy whipping cream.
Mix on medium speed until stiff and creamy. If you still see powdery pebbles, add in 2 more tbsp heavy whipping cream.
Continue to mix until stiff and creamy
Beat in a few drops of pink food coloring and mix until fully combined and frosting is a dark pink color
Scoop some frosting into both piping bags
Pipe squiggly lines all over the top of the cupcake
Place a "eye" in the center of the frosting
Place two red hearts into the top sides of the frosting for the ears
Place a mustache into the lower center of the frosting

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