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!

BANANA CACAO COCONUT SMOOTHIE

This Banana Cacao Coconut Smoothie is as close as you can get to a healthy milkshake! It’s dairy free, gluten free, paleo, vegan, and it tastes like such a treat! The inside of the glass gets drizzled with a raw chocolate sauce made with just a few ingredients, and the smoothie is made with frozen banana, shredded coconut, dates, cacao powder, almond butter, and almond milk!


Especially with all of the toppings – they really make it! And you can totally customize this to your tastes. Peanut butter instead of almond butter would be amazing, and instead of almond milk, I’ve made it with this toasted coconut milk and it’s AMAZING.

Banana Cacao Coconut Smoothie Recipe
This Banana Cacao Coconut Smoothie is as close as you can get to a healthy milkshake! It's dairy free, gluten free, paleo, vegan, and it tastes like such a treat! The inside of the glass gets drizzled with a raw chocolate sauce made with just a few ingredients, and the smoothie is made with frozen banana, shredded coconut, dates, cacao powder, almond butter, and almond milk!



Ingredients
For the raw chocolate sauce

  • 2 tablespoons cacao powder*
  • 2 tablespoons coconut oil, melted
  • 2 tablespoons pure maple syrup
  • 1/4 teaspoon vanilla extract
  • pinch of salt

For the smoothie

  • 2 bananas, previously sliced and frozen
  • 2 tablespoons unsweetened shredded coconut, plus extra for topping
  • 2 medjool dates, pitted
  • 1 tablespoon cacao powder*
  • 1 tablespoon almond butter
  • 1 - 1 1/4 cups unsweetened vanilla almond milk*
  • pinch of salt
  • raw chocolate sauce for drizzling
  • granola for topping, optional

Instructions
For the raw chocolate sauce

  1. In a small bowl, whisk together the melted coconut oil, maple syrup, vanilla, cacao powder, and salt together until smooth. Sauce will keep in the fridge for up to 2 weeks in the fridge.

For the smoothie

  1. Add the bananas, coconut, dates, cacao powder, almond butter, 1 cup of the almond milk, and salt to a high powered blender. Blend until smooth and creamy - if the smoothie seems too thick, add the additional 1/4 cup almond milk and blend again until decided consistency is reached.
  2. Drizzle the raw chocolate sauce on the inside of your glass. Pour the smoothie in the glass and top with extra chocolate sauce, shredded coconut, and a sprinkle of granola. Enjoy immediately!

Recipe Notes
*Unsweetened cocoa powder can be subbed for the cacao powder.
*You can sub any kind of milk for the unsweetened vanilla almond milk. I love using the toasted coconut almond milk from Califia Farms.
*Raw chocolate sauce will keep in the fridge for 2 weeks, and will harden when it's refrigerated. To loosen up and get back to liquid consistency, just pop it in the microwave for 30 seconds or so.
Recipe Source : BANANA CACAO COCONUT SMOOTHIE @ spicesinmydna

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