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 Potato Cakes stuffed with Mushrooms – Delicious way to use leftover mashed potatoes. Potato cakes are perfect for summer, fall or winter lunch. Use different herbs to change the flavour. It’s a delicious savoury vegan meal that even meat-eaters will love!

I bake, I roast, I broil and toast. I make most of my main courses in the oven. I cook vegetables, fruit, and bread. I grill pita, make meatballs, warm stews. All of it in the oven, not on the stove.

It could be meat roulades stuffed with eggs and fried. It could be fish cakes stuffed with dill pickles. Or, like in this case, it could be Vegan Potato Cakes stuffed with Mushrooms.

These Vegan Potato Cakes can be made with leftover mashed potatoes or you can make vegan mashed potatoes specifically for this recipe. If you are using leftover mashed potatoes then they need to be pretty sturdy and not very thin or you might need to add a bit extra flour to make the mashed potato dough pliable.

Vegan Potato Cakes stuffed with Mushrooms Recipe
Vegan Potato Cakes stuffed with Mushrooms - Delicious way to use leftover mashed potatoes. Perfect for summer, fall or winder lunch, use different herbs to change the flavour !

  • 2 pounds potatoes
  • 2 bay leaves
  • 2 tablespoons oil or more as needed for pan-frying, divided
  • 1/2 pound mushrooms
  • 150 g onion
  • 10 g dill (or other herbs like parsley, rosemary, thyme
  • 1/2 cup flour
  • salt, pepper, dry thyme and your other favourite flavourings to taste
  1. Wash, peel and dice the potatoes.
  2. Boil the potatoes with bay leaf until fully cooked.
  3. While the potatoes are cooking, heat one tablespoon of oil in a large pan.
  4. Dice the onion and coarsely chop mushrooms.
  5. Add the onion and mushrooms to the pan and cook on medium-low heat mixing occasionally until all the liquid evaporated. This will take about 15-20 minutes.
  6. Cook for another 5 minutes until the mixture starts to brown.
  7. Season to taste with salt and pepper. I use 1/4 teaspoon each salt, pepper, and dry thyme.
  8. Finally chop the dill (or other herbs you are using), add it to the pan with the mushrooms, mix and take off the heat.
  9. Once the potatoes are cooked, drain them well and mash with fork or masher, do not use food processor as it'll turn the potatoes watery. Season to taste.
  10. Cool the potatoes.
  11. Add flour to the mashed potatoes and mix well.
  12. Alternatively, you could use leftover mashed potatoes.
  13. Take about 2 tablespoons of potato dough and flatten into a disk, place one spoonful of mushroom filling and cover with a bit more potato dough. Form into a disk.
  14. Once all the potato cakes are assembled, heat the remaining tablespoon of oil in a large pan. 
  15. Place potato cakes on the pan and fry about 5 minutes until they turn golden, flip and fry another 5 minutes until golden. 
  16. IMPORTANT: Use more oil if needed.
  17. Serve with the leftover mushroom mixture if any left, some lemon juice, mustard or horseradish.


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