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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!

VEGAN CREAM OF MUSHROOM SOUP

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Vegan Cream of Mushroom Soup in a white bowl served with fresh basil.
I love soups. They’re more than starters/appetizers for me, I like to have them as the main course with a good deal of bread for dipping.
You can probably tell how much I like soups, since I’ve already made a bunch of them for this blog, like this one, this one and this one and let’s not forget this one!
I’ve long been a fan of this vegan cream of mushroom soup.
The flavors just blend soooo well, and it’s ultra creamy and delicious.
It’s also really rather a snap to make.
Sliced mushrooms cooking in a pot with a wooden spoon. Vegan Cream of Mushroom soup in a cast iron pot with a wooden spoon.
I used 3 kinds of mushrooms in this soup. White button mushrooms, brown button mushrooms (portobellini) and portobello mushrooms.
I’ve also made it in the past with just white button mushrooms and portobello mushrooms, so it just depends on what’s easy to get hold of.
If you want to mix it up – go for it!
Vegan Cream of Mushroom Soup in a white bowl with fresh basil leaves. Vegan Cream of Mushroom Soup in a white bowl with fresh basil leaves.
And then the creaminess is from the coconut milk. I’ve also made this recipe using coconut cream, but it’s very rich.
If you like things ultra rich, then you can also try it with coconut cream, but I think you’ll find the coconut milk is quite rich enough.
Vegan Cream of Mushroom Soup in a white bowl garnished with fresh basil leaves. Vegan Cream of Mushroom Soup in a white bowl garnished with fresh basil leaves.
I’ve made this soup in the past and blended it up using an immersion blender, but I must say it’s better unblended. Most soups are better blended, but in the case of this soup, it works better unblended with the creamy soup and chunky mushrooms.
The mushroom flavors really mix in with the creaminess of the coconut milk and spices and it all just works!
Vegan Cream of Mushroom Soup in a white bowl with a spoonful of soup above it. Vegan Cream of Mushroom Soup in a white bowl with a spoonful of soup above it.
I think you’re going to enjoy this soup! Well, especially if you like mushroomy things that is! This vegan cream of mushroom soup is:
  • Ultra Creamy
  • Satisfying
  • Rich and Flavorful
  • Easy to Make
  • Super Yum!
Have it as an appetizer and it will serve 4, or have it as a main course with some fancy bread (or just regular bread), it’ll serve 2 and you can call it dinner!
Vegan Cream of Mushroom Soup in a white bowl with fresh basil leaves.
So what do you think? Keen on some vegan cream of mushroom soup? Let me know what you think in the comments and please rate the recipe too! Thanks!
And do sign up to our email list for a fabulous (and free!) recipe ebook and to stay updated with all our latest recipe posts!
Vegan Cream of Mushroom Soup in a white bowl with fresh basil leaves.

DESCRIPTION

Simple and ultra creamy vegan cream of mushroom soup. Rich and flavorful and deliciously satisfying, this soup makes an ideal appetizer. Gluten-Free.

INGREDIENTS

  • 1 Tbsp Olive Oil
  • 1 Onion (Chopped)
  • 1 tsp Crushed Garlic
  • 1 tsp Dried Oregano
  • 1 tsp Dried Basil
  • 2 Packs (18oz/500g) White Button Mushrooms (Sliced)
  • 1 Pack (9oz/250g) Brown Mushrooms (Sliced)
  • 2 Large Portobello Mushrooms (Sliced)
  • 2 Tbsp Soy Sauce (or Tamari if gluten-free)
  • 1 14oz (400ml) Can Coconut Milk
  • Sea Salt
  • Black Pepper

INSTRUCTIONS

  1. Add the olive oil to a pot with the onion and garlic, dried oregano and basil and sauté briefly.
  2. Then add the sliced mushrooms and the soy sauce, and cover the pot. Cook on medium high, covered, for around 10 minutes.
  3. This will allow the mushrooms to release their water.
  4. After 10 minutes, remove the lid, and cook for a further 10 minutes uncovered to allow some of the water to cook off.
  5. Then add the coconut milk and cook for a final 10 minutes, stirring occasionally, allowing the flavors to blend properly.
  6. Add sea salt and black pepper to taste.
  7. Garnish with fresh herbs and serve.

more recipes @ https://lovingitvegan.com

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