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!

Oreo Cream Pie Recipe

This Oreo cream pie will be one of the easiest desserts you’ll ever make. An Oreo cookie crust filled with a cream Oreo filling. Top with additional whipped cream and Oreos for the ultimate Oreo Cream Pie. Only 6 simple ingredients needed and it’s no-bake! Perfect for a summer dessert at a bbq or potluck. 

I made the pie because it was no-bake and literally takes minutes to come together, and it was gone within like 5 minutes + it was the only dessert that was gone. So, needless to say this pie is really good and a crowd pleaser.

It’s so incredibly delicious and one of those recipes I love because it’s so easy to make!

Tips & Tricks for making Oreo Cream Pie

  • Using freshly whipped cream is the best way to make this pie. It will taste so much better. But if you need to, or are in a hurry for time, you can substitute an 8 oz size tub of Cool Whip in place of the whipping cream in the recipe. 
  • I am all for homemade stuff but I’ll be honest with you and say that the store-bought Oreo crust is the best way to go for this. The store bought crust is firmer so it stays together better. I have tried it with a homemade Oreo crust, and while it’s good, it was crumbly and parts of the crust were thicker than the rest, so it was just really uneven.
  • This pie tastes best after it has been in the fridge for at least 6 hours. You can even make it the night before you need it. The longer it sits in the fridge, the softer the cookies inside the pie and the crust become. It’s still good but very soft. It does need fridge time after making it for the pie to come together and set.

Oreo Cream Pie Recipe
This Oreo cream pie will be one of the easiest desserts you'll ever make. An Oreo cookie crust filled with a cream Oreo filling. Top with additional whipped cream and Oreos for the ultimate Oreo Cream Pie. Only 6 simple ingredients needed and it's no-bake! 

  • 1 ready-to-use Oreo cookie crust
  • 1 cup heavy whipping cream
  • 1 bar (8 oz) cream cheese, softened
  • 1/3 cup granulated sugar
  • 1/2 teaspoon vanilla extract
  • 1 1/2 cups chopped Oreo cookies
  • additional whipped cream and chopped Oreos for garnish, optional
  1. In medium mixing bowl, beat cream cheese until fluffy {to avoid lumps make sure cream cheese is really soft or place in microwave for 20 seconds}. Add in vanilla extract and granulated sugar. Beat until combined and creamy.
  2. In separate bowl, beat the heavy whipping cream until stiff peaks form.
  3. Using a rubber spatula, add the whipped cream into the cream cheese mixture and gently mix together. Fold in the crushed Oreo cookies and combine.
  4. Dump into the pie crust and smooth the top. Refrigerate for at least 6 hours before serving. I prefer to refrigerate overnight. 
  5. Before serving, garnish with additional whipped cream and crushed Oreos.


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