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 Roasted Cauliflower BBQ Pizza.

One of the best pizza combos is vegan-ized with this Vegan Roasted Cauliflower BBQ Pizza – perfect Friday night eat! BBQ pizza is one of the best combos of all time – in my opinion.

While the original calls for chicken, we’re keeping it healthy and vegan (obviously) by adding marinated cauliflower to this bad boy. Cauliflower adds a “meaty” texture as well as an awesome flavor that makes this pizza filling, healthy and totally tasty.

Vegan Roasted Cauliflower BBQ Pizza Recipe
One of the best pizza combos is vegan-ized with this Vegan Roasted Cauliflower BBQ Pizza – perfect Friday night eat!

  • 16ozpre-made pizza dough
  • 1/2head cauliflowercut in bite sized pieces
  • 2tbspred wine vinegar
  • 2tbspolive oil
  • 1/2tbspgarlic powder
  • 2tbspsriracha
  • salt and pepperto taste
  • 1/2 cupBBQ sauce
  • 1white onionsliced
  • Optional Toppingsvegan ranch, cilantro, red pepper flakes
  1. One hour before you want to cook the pizza, place the dough on a flour-dusted countertop.
  2. While dough is coming to room temperature, preheat oven to 425 degrees and line a baking sheet with foil.
  3. In a large bowl combine cauliflower, red wine vinegar, olive oil, garlic powder, sriracha, salt and pepper. Stir to combine. Spread evenly on baking sheet and cook for 20 minutes, flipping halfway. Remove from oven and increase oven heat to 475 degrees. Place cauliflower back in the bowl. Add BBQ sauce and stir to combine.
  4. While cauliflower is cooking, place a large pan on the stove over medium-high heat. Add onion to the pan. Once the onion starts to brown, add 1 tbsp. of water at a time* and stir frequently. Once onion is caramelized and soft remove from heat and set aside.
  5. Spray a 16″ round baking sheet (or baking sheet of choice) with non-stick spray. Place dough on the sheet and stretch to desired shape. Top dough with BBQ/cauliflower mixture and spread evenly. Top with caramelized onions and place in the oven for 12-17 minutes, or until crust is brown and crispy.
  6. Remove from the oven and top with ranch, cilantro and red pepper flakes. Slice, serve and enjoy!!


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