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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!

CHEESY GARLIC SAUSAGE AND BACON CARBONARA

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CHEESY GARLIC SAUSAGE AND BACON CARBONARA
This is truly one of our family’s favorites dinner recipes. It is also my go-to recipe for something quick, hearty and comforting. This Cheesy Garlic Sausage and Bacon Carbonaranever disappoints!
I’m rather surprised I’ve never shared my version of this recipe with you all before, because it is regularly served at our home especially during the Fall and Winter months because it is so hearty, warm and comforting. The very first time I heard and tried Bacon Carbonara was from Tidy Mom’s blog. She has an amazing Bacon Carbonara recipe, that I use and refer to when I make this recipe. Although, now I pretty much know her recipe by heart.
Tidy Mom can also explain it far better than I can on the basic process of making Carbonara. My husband being the meat lover that he is wanted something(???) more heartier in his pasta. So I started adding sausage, and then gradually adding garlic, and then I was making a larger amount because we are a growing family of 5. After a few attempts on expanding on Cheryl’s delicious recipe, it has become a regular staple that is satisfying and *enough* for my pasta loving family.
After you follow her instructions, here’s what I do:

Cheesy Garlic Sausage and Bacon Carbonara
This recipe is for 1 1/2 pounds of pasta. We are a family of 5, and cooking a little more allows a bowl of leftovers for my husband's lunch the next day. If you also have growing boys in your household you'll understand why I make more.

Ingredients
  • 5 Tablespoons of soft butter
  • 2 whole eggs
  • 2 egg yolks
  • 1 1/2 cup of heavy cream
  • 1 1/2 pound of spaghetti - cooked
  • 1 lb of sliced smoked sausage
  • 1/2 pound of bacon - after cooked cut into pieces
  • 1- 2 teaspoon of minced garlic *depending on taste
  • 1 cup of grated Parmesan Cheese
  • 1 extra cup of Italian blend cheeses* (can be the mixed bag style in stores)
Instructions
  1. please go to Tidy Mom's recipe (link above) to follow her instructions of Carbonara.
  2. to follow through with my recipe you'll also need to do:
  3. After you have fried your bacon and have started your water for the pasta, carefully remove some of your bacon grease and start sautéing your sliced smoked sausage. Once you have noticed some browning, flip sausages over and cook thoroughly.
  4. Once sausage is cooked move the cooked sausages to the side of the pan, reduce heat and add your garlic and blend in with your cooked sauage.
  5. Once you have drained your cooked pasta, you'll add the butter and cream mixture, add your crumbled bacon and cooked sausage with the garlic and then your cheeses over your cooked pasta.
  6. Follow Tidy Mom's instructions on how to prep your pasta for the sauce and cheeses.
  7. Tongs will be the utensil of choice when blending all the ingredients together. They're perfect to use for this recipe.
As you can see & as I mentioned above in the recipe, use Tongs when working with this recipe. They truly are the utensil of choice and work perfectly to mix your pasta, sauce and cheese together.

THIS CHEESY GARLIC SAUSAGE AND BACON CARBONARA IS VERY FILLING, HEARTY AND FULL OF COMFORTING FLAVORS. ONCE YOU UNDERSTAND THE PROCESS OF MAKING CARBONARA YOUR DINNER WILL GO REALLY QUICKLY THE NEXT TIME. I HAVE IT DOWN TO ABOUT A 25 MINUTES MEAL FROM START TO FINISH.

When I make this, and after I have my kids’ plates filled, I typically curl up on my favorite chair & devour a bowl. I love this recipe that much! Pure comfort food = heaven!



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