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!

ORANGE CREAMSICLE MIMOSAS

Take your favorite breakfast cocktail to the next level with these delicious Orange Creamsicle Mimosas! They combine the fun of childhood with the deliciousness of adulthood….all in one glass.
Made with 4 simple ingredients, these mimosas are just the right blend of creamy, sweet, and bubbly. Perfect for weekend brunches, ladies’ nights, or lazy days by the pool.
If you love mimosas (and who doesn’t!?) you’ll love this fun, creamy, YUMMY twist!

Anyone who knows me knows that my favorite meal of the day is brunch. Hands down. No contest. I love a good brunch.
And not just because I have a thing for Overnight Sausage Egg Casserole or Lemon Raspberry Coffee Cake or Garlic Herb Cheesy Potatoes….but because I have a thing for MIMOSAS.
I love mimosas any way I can get them, from the classic recipe to Tropical Mimosas to Pineapple Upside Down Mimosas. I do NOT discriminate. There’s just something about a cocktail that starts with champagne that has me sold. And when I can have it for breakfast? I’m pretty sure there’s nothing better.

To be honest, I’ve never met a person who didn’t love mimosas. And really….what’s not to love? Orange juice + bubbles + whatever else you might want to mix in? It’s a sure win. Every time.
And these Orange Creamsicle Mimosas are even more of a win, because they bring back so many good memories from childhood. Growing up, there was nothing like a Creamsicle on a hot summer day….the best of both worlds, and the tastiest combo ever!
These Orange Creamsicle Mimosas taste just like those treats from childhood, but a lot more fun! They’re the perfect combination of orange juice, champagne, vanilla vodka, and a splash of heavy cream. Easy to make by the glass or pitcherful, and almost too easy to enjoy.

WHAT IS AN ORANGE CREAMSICLE?

An Orange Creamsicle is a frozen dessert that was invented by Frank Epperson in 1905. He successfully experimented with enclosing vanilla ice cream with a layer of frozen fruit juice when he was just 11 years old, and he called his invention the “Episicle”. It later became known as  “popsicle”, “creamsicle” and even “dreamsicle”.

CREAMSICLE VS. DREAMSICLE

The two names are often used interchangeably. The only difference between the two treats is that a Creamsicle is made with ice cream, while a Dreamsicle is made with ice milk.

HOW DO YOU MAKE AN ORANGE CREAMSICLE MIMOSA?

  1. In a champagne flute, combine 1/4 c. orange juice, 1 oz. vanilla vodka, and 1 Tbsp. heavy cream. Mix.
  2. Slowly add chilled champagne to the top of the glass.
  3. Garnish with an orange wedge.


Orange Creamsicle Mimosas

 Course Drinks
 Prep Time 5 minutes
 Servings 1
 Calories 201 kcal
 Author Cathy Trochelman

Ingredients

  • 1/4 c. pulp-free orange juice
  • 1 oz. vanilla vodka
  • 1 Tbsp. heavy cream
  • 1/2 c. champagne
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Instructions

  1. In a champagne flute, combine orange juice, vodka, and heavy cream. Mix.

  2. Slowly add champagne to the top of the glass.
  3. Garnish with an orange wedge.
Nutrition Facts
Orange Creamsicle Mimosas
Amount Per Serving
Calories 201Calories from Fat 45
% Daily Value*
Total Fat 5g8%
Saturated Fat 3g15%
Cholesterol 20mg7%
Sodium 14mg1%
Potassium 222mg6%
Total Carbohydrates 7g2%
Sugars 6g
Vitamin A6.7%
Vitamin C35.9%
Calcium1.1%
Iron2.6%
* Percent Daily Values are based on a 2000 calorie diet.



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