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 PEANUT BUTTER TARTS

This Vegan Peanut Butter tart can be unbelievably delicious and you don’t have to be exactly vegan to enjoy them. To me, learning how to cook vegan is learning how to connect with your plant ingredients in a whole other level!


The crust is coconuty and chewy, made with dates, almonds, coconut, coconut oil and cocoa powder. And the creamy filling is made out of mainly cashews and peanut butter. Cashews are soaked in water for a few hours, and then, drained and made into a paste together with the other ingredients.

Ingredients
Crust
  • 1 cup sliced almonds
  • 1 cup shredded coconut
  • 8 dates pitted
  • 1/2 tablespoon coconut oil melted
  • 1 tablespoon unsweetened cocoa powder
Peanut Butter Tart Filling
  • 2 cups raw cashews
  • 4 tablespoons lemon juice
  • 1/4 cup coconut oil melted
  • 1/2 cup maple syrup
  • 1/2 cup coconut milk
  • 1/2 cup peanut butter
Chocolate Ganache
  • 3/4 cup chocolate chips vegan, if that’s what you’re into
  • 2 tablespoons coconut milk
Instructions
Crust
  1. Grind all ingredients together in a blender.
  2. To know if the crust is ready, simply grab a little bit of it with your hands and press it. If it clumps up together, means the crust is ready to go, if it’s crumbling too much, means it needs a bit more coconut oil to help the ingredients to bind together. I would try adding another teaspoon of melted coconut oil and see how that goes.
  3. In the bottom of tart pans, place a couple strips of parchment paper that will hang off the top, this way you can easily pull out the tarts once they have set in the freezer.
  4. Place a small amount of crust in the tart pan and press it down, spreading it all over the surface of the pan. I’ve used 6” diameter tart pans. And ended up with 7 tarts. The amount of tarts you end up with will depend on the size of your pans.
  5. Place tarts lined with the crust in the freezer.
Peanut Butter Tart Filling
  1. Place cashews in a bowl. Cover with water and let them soak for about 4 hours.
  2. Drain cashews.
  3. Add all ingredients to a food processor. Run the processor until ingredients are smoothly incorporated.
  4. Pull the crust out of the fridge, fill it with the peanut butter filling to the top. Put it back in the freezer while you make the ganache.
Chocolate Ganache
  1. Heat up chocolate chips and coconut milk in a double boiler until melted and incorporated.
  2. Give your ganache time to set and cool down a bit, about 30 minutes. Then, you may pull your tarts out of the freezer and pour the ganache over them. Top with coarse salt, I used Maldon.
  3. keep tarts in the freezer and remove 10 minutes before enjoying it!

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