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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!

The Most Amazing Blueberry Cobbler

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Want a delicious berry cobbler? Here’s a simple low carb gluten free blueberry cobbler dessert recipe with a topping that tastes just like the real thing.


You could use any fruit you like in this low carb cobbler, even frozen fruit would be fine if you don’t have fresh. Berries are the lowest in carbs, but fruit in general should be used with caution during low carb induction and weight lose phases.

If you are trying to lose weight, you may want to consume fruit in moderation because it can cause a stall in your weight loss. Since this low carb gluten free blueberry cobbler dessert is primarily fruit, the net carbs could be a bit high for those on stricter carb diets.

The Most Amazing Blueberry Cobbler 


This is my favorite low carb cobbler recipe of all that I’ve tried. It tastes great and I doubt others who try it would guess it was gluten free with no sugar added.

The Most Amazing Blueberry Cobbler Recipe
Blueberry season has arrived. This is a really simple low carb cobbler recipe with a gluten free topping that tastes just like the real thing.

Ingredients

  • 3 cups blueberries fresh or frozen
  • 1 tablespoon lemon juice
  • 1/4 teaspoon xanthan gum
  • 2/3 cup almond flour
  • 1/3 cup coconut flour
  • 1/4 cup low carb sweetener add more if needed
  • 1 egg beaten
  • 6 tablespoons butter melted

Instructions

  1. Pour berries into greased 9?x9? pan.
  2. Sprinkle with lemon juice and xanthan gum.
  3. Stir almond flour, coconut flour, sweetener and egg until mixture resembles coarse meal.
  4. Sprinkle dry mixture over berries.
  5. Drizzle melted butter over topping.
  6. Bake at 350 degrees for 25 minutes or until top is browned.

Recipe Notes
**The sweetener in the recipe was cut way back to 1/4 cup. If you like it on the sweeter side you can more.

Nutrition per serving: 103 calories, 8.3g fat, 62mg sodium, 7.1g carbs, 1.2g fiber, 5.9g net carbs, 1.1g protein
Nutrition Facts
Low Carb Gluten Free Blueberry Cobbler
Amount Per Serving (64 g)
Calories 103Calories from Fat 75
% Daily Value*
Total Fat 8.3g13%
Saturated Fat 5g25%
Cholesterol 39mg13%
Sodium 62mg3%
Potassium 48mg1%
Total Carbohydrates 7.1g2%
Dietary Fiber 1.2g5%
Sugars 4.9g
Protein 1.1g2%
Vitamin A5%
Vitamin C14%
Calcium1%
Iron4%
* Percent Daily Values are based on a 2000 calorie diet.


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