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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!

Spicy Sausage Pizza

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Spicy Sausage Pizza
Skip take-out pizza and make it at home instead! Spicy Sausage Pizza is loaded with so much flavor that will be a hit with everyone in your family. The crust is made using my tried and true homemade crust recipe. It gets topped with loads of spicy sausage, sweet peppers, onions, chili oil, crushed red pepper, and mozzarella cheese. It just may be the best spicy pizza out there. If you are looking for something different, give this pizza a try!
Today’s spicy sausage pizza is a real kicker. It puts fire on the taste buds.
Assembling Spicy Sausage Pizza
I use my favorite pizza dough and topped it with loads of spicy sausage. I actually used breakfast sausage because I’m not a fan of Italian sausage. However, you can certainly top your pizza with any spicy sausage you like.
Onion and mini sweet peppers are the vegetables I chose to compliment the hot sausage. I love the slight touch of sweetness from the peppers. The onion will cook down and become a little sweet as well!
Once the pizza has finished cooking, drizzle it with chili oil and sprinkle some crushed red pepper on top.
This is the type of food that makes my husband want to marry me all over again. It’s the right combination of simple ingredients with the perfect amount of heat.
He is a spicy food loving guy after all.

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Spicy Sausage Pizza
The pizza is good and ready in just 15 minutes! It’s super simple to make and will please your spicy food loving friends and family. You can use store-bought pizza dough or make your own from scratch. Add chili oil to the marinara sauce for an extra hot kick of flavor. Spicy sausage is used for added heat. Additional flavor and texture come from onions, sweet peppers, and gooey mozzarella. After baking, add a generous drizzle of chili oil and crushed red pepper.
Course Dessert
Cuisine American
Keyword pizza, sausage pizza
Prep Time 15 minutes
Cook Time 17 minutes
Total Time 32 minutes
Yields 1 12-inch pizza
Calories 237 kcal
Author Jen Sobjack

Ingredients
US Cups - Metric
  • 1/2 recipe homemade pizza dough (or you can use store-bought dough)
  • 1/2 cup marinara sauce
  • 12 ounces spicy sausagecooked and crumbled
  • 1/4 cup thinly sliced onion
  • 1/4 cup thinly sliced mini sweet peppers
  • 2 cups shredded mozzarella cheese
  • 1 tablespoon chili oil**
  • 1 tablespoon crushed red pepper
Instructions
  1. If you are using homemade pizza dough, make it according to the recipe instructions. If you are using store-bought dough, remove it from the packaged and shape it into a 12-inch circle. Spray your pizza pan with non-stick spray and dust lightly with flour and gently transfer the dough to your prepared pizza pan.
  2. Adjust the rack to the lower middle of the oven and preheat to 475ºF.
  3. Spread the marinara sauce evenly over the crust leaving a 1-inch bare rim around the edge. Sprinkle the sausage, onion, and peppers over the sauce. Spread the mozzarella cheese evenly over the top.
  4. Bake for 15-17 minutes, or until the crust is golden brown and the cheese has melted. Rotate halfway through the cooking time.
  5. Drizzle the chili oil over the top and sprinkle with red pepper. Let cool on a wire rack for 10 minutes before slicing.
Recipe Notes
*1/2 pound of store-bought pizza dough can be used instead **If you like an extra kick of heat, try mixing 1 tablespoon of chili oil into the marinara sauce before spreading it over the crust.



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