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!

Bacon Wrapped Cheese Stuffed Meatloaf

This bacon wrapped meatloaf is the king of all meatloaves. With a crispy bacon weave wrapped outside and cheese stuffed inside, this recipe can be used for regular family dinners or special occasions such as a party.

We use quite a good amount of jalapeno in this recipe to make it spicy. You can tell that we love spicy food! However, you can adjust the amount of jalapeno as you like, or simply don’t use it at all if you don’t like spicy food.

The bacon weave seems a little bit complicated to do but it is actually not that hard. It just requires a little patience. We’ll show you how to make this weave first.

You can top with a little bit of fresh cheese, chopped avocado, and coriander for garnishing.

Bacon Wrapped Cheese Stuffed Meatloaf Recipe

For the meatloaf

  • 12 slices bacon
  • 1/2 lbs ground pork
  • 1/2 lbs Ground beef
  • 3 tbsp almond flour
  • 1 egg
  • 1/2 cup Jalapeno chopped, up to your liking
  • 1/2 tsp Ground Cumin
  • 1/2 tsp black pepper
  • 1/2 tsp garlic powder
  • 1/2 tsp Onion Powder
  • 1 tbsp coriander chopped
  • 2 tbsp Tomato Puree optional

Cheese filling:

  • 1 cup cream cheese softened
  • 1/4 cup sour cream
  • 1/2 cup Jalapeno chopped, up to your liking


  1. Preheat oven to 350F. Start by making the bacon weave following the instructions above.
  2. Mix the ground pork and beef in a bowl. Crack in the egg. Fold together with the almond flour, onion powder, garlic powder, and tomato pureƩ if available. Pepper the mixture while adding the chopped jalapeno. Combine thoroughly to flavor the meat well.
  3. Place the bacon weave on foil paper to make it easier to roll the meatloaf later. Flatten the seasoned meat onto the weaved bacon, evenly spread it with your hands or a spatula
  4. On one edge of the meat bed, arrange the chopped jalapeno, cream cheese, and sour cream. Roll the meat carefully to avoid spilling the fillings.
  5. Place the rolled meatloaf onto a baking sheet. Bake for 40 minutes or more if the loaf is thicker. Check often to make sure it's cooked.
  6. Carefully slice the lukewarm loaf into pieces. Garnish with coriander, chopped avocado, and fresh cheese. Serve and enjoy!


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