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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!

Two Hour Crockpot Lava Cake

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This Crockpot Lava Cake dessert recipe is the easiest dessert I have ever made. Hands down! Need a quick dessert recipe in a flash? This is it!

Two Hour Crockpot Lava Cake Dessert Recipe
Crockpot meals are lifesavers. Crockpot desserts?? Pretty much the coolest idea ever! And, this recipe… is amazing!

The best part about this lava cake is that it can be served hot without taking up space in the oven since it’s in the crockpot – an even bigger WIN in my book! And, this crockpot lava cake is only three ingredients – win-win-win, right?!

To make this chocolate lava cake, gather all of your ingredients … ready? 
There are only three (see why I am in love with this new recipe!?)
Chocolate cake mix, prepared
Container of Fudge Frosting
1 cup semi sweet chocolate chips
(** There is a printable recipe below)

Next, gather your tools, a crockpot, a mixing bowl, spatula, measuring cups (both dry and wet). And, you’re ready to rock and roll!


Pour the prepared cake mix into the crockpot. They usually call for eggs, water and oil, so be sure to have these things on hand.




Drop the fudge frosting onto the cake mix by the spoonful, but don’t stir. When I say the crock pot does all the work in this easy crock pot dessert recipe — I mean the crock pot does all the work!



Sprinkle the chocolate chips on top and put the lid on. Yes, that’s really it


Let the crock pot do it’s work on high for 2.5 hours. Once the crock pot is done serve this delicious crockpot molten lave cake recipe with a scoop of vanilla ice cream – amazing, I tell you!

Crockpot Lava Cake
To make this chocolate lava cake, gather all of your ingredients … ready? 
There are only three (see why I am in love with this new recipe!?)

Prep Time 10 minutes
Cook Time 2 hours
Total Time 2 hours 10 minutes

Ingredients
  • Chocolate cake mix prepared
  • Container of Fudge Frosting
  • 1 cup semi sweet chocolate chips
Instructions
  1. Spray a 4-6 Quart Crockpot
  2. Combine all ingredients in the order listed above
  3. Cook for 2-2.5 hours (watching and smelling the first time you make it in a new crockpot to be sure it doesn't burn)
  4. Enjoy with a scoop of ice cream!





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