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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!

MINT CHOCOLATE CHIP COOKIES

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MINT CHOCOLATE CHIP COOKIES
Big, soft cookies filled with Andes Mint Candies, Mint Chips and Chocolate Chips. Mint and chocolate in every delicious bite! No chill time; you can enjoy these Mint Chocolate Chip Cookies in 30 minutes!
Is there just enough green in these Mint Chocolate Chip Cookies to make them appropriate for St Patrick’s Day? I say yes!
In the past I always made Guinness Brownies on St Patty’s Day, but seeing as how my kids probably shouldn’t be consuming beer brownies with whiskey frosting, I decided to make a kid-friendly St Patrick’s Day dessert (don’t worry, adults will love these too!).
MINT CHOCOLATE CHIP COOKIES
What we have is soft and chewy peppermint cookies loaded with mint chips, chocolate chips and Andes chocolate candies.
To increase the peppermint flavor just a touch, I also add a little bit of peppermint extract to the cookies. This gives an underlying peppermint flavor in every single bite.
You can pick and choose which mix-ins you want to use. You can add just Andes Mints, or just mint chips. I will say that I think the Andes really take these over the top. They bring the status from good to great. I mean, do you see those melty little pools of chocolaty-peppermint deliciousness? Gah!
Mint Chocolate Chip Cookies now have a permanent spot in my baking rotation.
If you’re a fan of chocolate and peppermint you will go crazy for these. I would normally never choose a mint-chip cookie, but I seriously loved these Mint Chocolate Chip Cookies! I might have lost some self control when these beauties were fresh from the oven. One bite led to another, and let’s just say I lost count how many were consumed. Can you blame me?
Have yourself a safe and Happy St Patrick’s Day! Oh, and check out my Guinness and Irish Cheddar Mac and Cheese (we need some “real” food before eating all the Mint Chip Cookies, right?).

MINT CHOCOLATE CHIP COOKIES
Big, soft cookies filled with Andes Mint Candies, Mint Chips and Chocolate Chips. Mint and chocolate in every delicious bite! No chill time; you can enjoy these Mint Chocolate Chip Cookies in 30 minutes! 
Course Dessert
Prep Time 20 minutes
Cook Time 10 minutes
Total Time 30 minutes
Servings 20
Calories 176 kcal
Author Celebrating Sweets

INGREDIENTS
  • 1 1/2 cups all purpose flour
  • 1 teaspoon baking soda
  • 1/4 teaspoon salt
  • 1/2 cup unsalted butter softened slightly
  • 1/2 cup light brown sugar packed
  • 1/4 cup granulated sugar
  • 1 large egg
  • 1/2 teaspoon pure peppermint extract
  • 1 1/2 cups mint chips, chocolate chips and/or chopped Andes candies see note
INSTRUCTIONS
  1. Preheat oven to 350°F. Line two baking sheets with parchment paper.
  2. In a small bowl combine flour, baking soda and salt. Set aside.
  3. In a large bowl, using a hand mixer or stand mixer, beat butter and both sugars for 1-2 minutes, scraping the bowl as needed. Add egg and peppermint extract and beat until combined.
  4. Slowly add the flour mixture, beating until just combined. Add 1 cup of mint chips/Andes/chocolate chips (the rest will be reserved for topping the cookies).
  5. Scoop golf ball sized portions of dough (approximately 2 tablespoons) and place them a couple inches apart on the cookie sheets. Using the remaining 1/2 cup mix-ins, top each ball of dough with a few chips/candies (this makes for a prettier cookie).
  6. Bake the cookies for 7-10 minutes until the edges are just beginning to turn golden brown and the very center is still slightly underdone. Rotate the baking sheets halfway through cooking time, if necessary.
  7. Place the baking sheets on wire racks and allow the cookies to cool completely.
RECIPE NOTES
I used a combination of mint chips, chocolate chips and chopped Andes Mints. Feel free to use any variation of these. I highly recommend the Andes Mints. 

Nutrition Facts
Mint Chocolate Chip Cookies
Amount Per Serving
Calories 176Calories from Fat 72
% Daily Value*
Total Fat 8g12%
Saturated Fat 4g20%
Cholesterol 22mg7%
Sodium 98mg4%
Potassium 20mg1%
Total Carbohydrates 24g8%
Sugars 16g
Protein 1g2%
Vitamin A3.7%
Vitamin C0.1%
Calcium2.4%
Iron3.8%
* Percent Daily Values are based on a 2000 calorie diet.



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