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!

VEGAN LENTIL MEATLOAF CUPS

These Vegan Lentil Meatloaf Cups are the perfect main dish for your holiday table! Your family will love this , trust me its so delicious.


I feel like holiday sides are pretty easy to make vegetarian, but the main course can be a little trickier.  Sometimes I’m tempted to go completely untraditional and make pizza.


These Lentil Meatloaf Cups are the perfect main dish for your vegetarian/vegan Thanksgiving or Christmas!  They’re flavorful, filling and go so well with ITALIAN OVEN ROASTED VEGETABLES and VEGAN MASHED POTATOES WITH GARLICKY KALE


VEGAN LENTIL MEATLOAF CUPS RECIPE
A filling and flavorful vegetarian/vegan holiday main dish!



INGREDIENTS

  • 1 1/2 cups brown lentils, dry
  • 3 cups vegetable broth, or water
  • 1 teaspoon olive oil
  • 1 cup small diced carrot
  • 1 cup small diced celery
  • 1/2 medium yellow onion, diced
  • 1 clove garlic, minced
  • 1 teaspoon chopped fresh thyme
  • 1/3 cup bread crumbs, gluten free if necessary
  • 1 tablespoon ketchup, plus more for the top
  • 1 flax egg (1 tbsp ground flax mixed with 2 1/2 tbsp water, let sit for 2-3 minutes)
  • 2 tablespoons chopped fresh parsley
  • 1/2 teaspoon smoked paprika, optional
  • 1/2 teaspoon salt
  • 1/4 teaspoon black pepper
  • Cooking spray

INSTRUCTIONS

  1. Place the lentils and broth in a medium saucepan and cover with a lid.  Bring to a boil, reduce to a simmer and simmer until lentils are tender and liquid is gone, 20-25 minutes.
  2. While lentils are cooking, heat a large pan over medium heat and add olive oil, diced vegetables, thyme and a pinch of salt and pepper.  Cook vegetables until tender, about 12 minutes.
  3. Pre-heat oven to 375 degrees F.  Add the cooked veggies to a food processor and blend until they’re minced, about 1 minutes.  Next, add the lentils and give it a few small pulses.  You want some of the lentils to still be whole.
  4. Add lentils and veggie mixture to a large bowl and then add in the bread crumbs, ketchup, flax egg, parsley, smoked paprika, salt and pepper.  Mix until everything is combined.
  5. Spray a standard size muffin tin with cooking spray.  Use a 1/4 scoop to scoop the mixture into the muffin tin.  You should get 12 of them.  Flatten the top of each meatloaf and squeeze about 1 teaspoon of ketchup on top of each.
  6. Place the meatloaves in the oven and bake until the tops are slightly crispy, about 20-25 minutes.  Let them cool in the muffin tin for a few minutes before removing.

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