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!


The recipe for these eggless blueberry muffins couldn’t be easier. They’re ready in only 25 minutes and all you need for the preparation is one bowl! And they’re so delicious and of course vegan. The perfect little treat! Simple and delicious !

Making vegan muffins really isn’t more complicated than making regular muffins with eggs. Instead of eggs you can just use flaxseeds, mashed bananas, or apple sauce. They’re all a great, easy, and very cheap egg replacer. My favorite are vegan muffins with banana. SO easy! You can even veganize old muffin recipes this way. Replacing milk is even easier than replacing eggs. Just use plant-based milk alternatives instead such as almond milk, soy milk, or oat milk.

For the eggless blueberry muffins I used a mixture of all-purpose flour and almond flour. I love vegan muffins with almond flour because the almond flour makes them extra moist

Blueberry Muffins Vegan Recipe
The recipe for these eggless blueberry muffins couldn't be easier. They're ready in only 25 minutes and all you need for the preparation is one bowl! And they're so delicious and of course vegan. The perfect little treat! Simple and DELICIOUS!!

For the eggless blueberry muffins (vegan):
  • 1 1/2 cups all-purpose flour
  • 1/2 cup almond flour
  • 2 teaspoons baking powder
  • 1/4 cup brown sugar
  • 1/4 cup agave or maple syrup
  • 1 banana, mashed
  • 1 cup vanilla-flavored soy yogurt
  • 1 cup blueberries
  • 1/4 cup almond milk
For the topping (optional):
  • about 6 tablespoons vanilla-flavored soy yogurt
  • 2 teaspoons lemon zest
  • 1/4 cup blueberries
  1. In a medium bowl, combine all ingredients except the blueberries. Stir with a wooden spoon until well combined.
  2. Add the blueberries and use a spatula or spoon to gently fold the blueberries into the muffin batter.
  3. Place baking cups in a muffin pan and divide the mixture evenly.
  4. Bake for about 20 minutes at 360°F. Let the muffins cool down for about half an hour.
  5. Top with more soy yogurt, lemon zest, and blueberries if you want or just enjoy them by themselves.


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