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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!

CREAMY SWEET POTATO DAUPHINOISE

POTATO RECIPES Edit

I CAN’T BELIEVE I DIDN’T THINK OF MAKING SWEET POTATO DAUPHINOISE BEFORE. AFTER ALL, REGULAR POTATO DAUPHINOISE IS ONE OF MY FAVORITE HOLIDAY DISHES. BAKED IN A HEAVY CREAM, GARLIC AND PARMESAN SAUCE THIS IS ONE SIDE DISH THAT SHOULD BE ON YOUR MENU!

Cheesy scalloped sweet potato dauphinoise.

I just had another thought, how amazing would it be to use purple potatoes! Those might be showing up here soon, but for now, let’s talk about these slow baked sweet potatoes. Each layer of sweet potato is seasoned, sprinkled with grated Parmesan and then doused in a creamy garlic sauce. Bake them in the oven for about an hour and a half and you’ll end up with a pan full of cheesy, creamy awesomeness.

Because sweet potatoes can be really weird shapes, you’ll end up with some slices being way smaller than the pieces cut more towards the center of the potato. Don’t worry, they’ll all come together in the end but when you buy them try and pick the fatter ones rather than the long skinny kind.

Creamy sweet potato dauphinoise

PREPARING YOUR SWEET POTATO DAUPHINOISE!

I rarely peel my potatoes after reading how nutritional the skin can be and really, who likes to peel spuds? Even the fries at In N Out Burger are hand cut and covered in the skin. I feel bad for my Mom, I remember watching her peel loads of potatoes to feed us when I was a kid. Dang it, if I had just told her to keep the skin! Give them a good rinse under some running water and start slicing. How thick or thin they are will determine your cooking time, to check if they’re done just poke them with a sharp knife and you shouldn’t feel any resistance. You could use a mandolin but yikes, those things should come with a warning and free training, be careful.

This post has been updated with slight changes to the recipe and new photographs.

CREAMY SWEET POTATO DAUPHINOISE

COURSE: SIDE DISH

CUISINE: AMERICAN

PREP TIME: 30 MINUTES

COOK TIME: 1 HOUR 20 MINUTES

TOTAL TIME: 1 HOUR 50 MINUTES

SERVINGS: 8 PEOPLE

CALORIES: 410 KCAL

AUTHOR: FOODNESSGRACIOUS

A fantastic rich and creamy sweet potato dish with garlic and parmesan cheese.

INGREDIENTS

1/2 cup brown sugar, divided
1 1/2 cups heavy cream
1 1/2 cup whole milk
5 cloves garlic minced minced
2 tablespoon fresh chopped rosemary
1/2 tsp salt
1/4 tsp black pepper
3 large sweet potatoes, round shaped are better washed
8 ounces finely grated Parmesan
8 ounces sharp white cheddar

INSTRUCTIONS

Preheat the oven to 350 degrees F. lightly Butter a 13x9 inch baking pan.
Evenly sprinkle some of the brown sugar over the bottom of the pan.
In a small pot, gently simmer the cream, milk, rosemary, garlic, salt and black pepper.
Slice the potatoes as thinly as possible.
Place a shingled layer of potatoes on top of the brown sugar. It doesn't need to be perfect or fancy.
Sprinkle some of the Parmesan and cheddar over the potatoes.
Place another layer of potatoes on top and sprinkle with more brown sugar, Parmesan and cheddar.Repeat these layers about 3-4 times or until you run out of potato slices.
Carefully pour the cream mixture over the potatoes and let sit for 5 minutes.
Use a wooden spoon to gently move the potatoes around making sure the liquid is getting into all of the layers.
Place the pan into the oven and bake until golden on top.
Check them after 30 minutes and gently pat the top of the potatoes down with the spoon to keep the top layer covered in liquid as much as possible.
Let sit for 10 minutes before serving.

Nutrition Facts

Creamy Sweet Potato Dauphinoise

Amount Per Serving

Calories 410Calories from Fat 306

% Daily Value*

Total Fat 34g52%

Saturated Fat 21g105%

Cholesterol 114mg38%

Sodium 812mg34%

Potassium 155mg4%

Total Carbohydrates 5g2%

Sugars 2g

Protein 19g38%

Vitamin A25.8%

Vitamin C1%

Calcium62.4%

Iron2.5%

* Percent Daily Values are based on a 2000 calorie diet.

more recipes @ foodnessgracious.com

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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!