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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!

Cutest and Sweetest Poop Peeps

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You all know marshmallow peeps, right? They’re kind of the candy corn of Easter candy. Some people hate em while others love em. I for one love them. They’re crunchy on the outside from sugar coating and soft and fluffy on the inside. How could that be a bad thing?! So marshmallow peeps are pretty much marshmallows coated in dyed sugar crystals. If you think about how simple that sentence is you will realize that they’re also super simple to make at home; all you need is sugar, gelatin, and food dye. So, without further adoodoo, let’s get poopin!


Poop Peeps Recipe
Marshmallow Peeps that look like the poop emoji.



Ingredients

For The Coating

  • 1 Cup Granulated Sugar
  • 1 1/2 Teaspoons Brown Food Dye 150 Drops
  • 1/2 Tablespoon Cocoa Powder

For The Marshmallows

  • 1 Packet Powdered Gelatin
  • 1/3 Cup Water
  • 1 Cup Sugar
  • 1/4 Cup Water
  • 1 Teaspoon Vanilla Extract

For The Eyes

  • About 40 Mini Marshmallow
  • Candy Glue
  • 1/4 Teaspoon Brown Food Dye

Instructions
For The Sugar Coating : 

  • Fill a Ziploc bag with sugar and drop 150 drops of brown food dye into it. Seal the bag, and massage it to mix the food coloring well. If there are clumps, break up them up with your thumbs. It should take about 5 minutes to fully incorporate.
  • Sift the contents of the bag into a baking sheet and let it air dry for about 10 minutes.
  • Transfer the brown dyed sugar to a mason jar, add the cocoa powder, seal it, and shake vigorously until well combined.
  • Pour it back into the baking sheet and shake a bit to spread evenly.

For The Marshmallows : 

  • Affix a whisk attachment to a stand mixer and fill the bowl with 1/3 cup of water. Sprinkle one packet of powdered gelatin on top and let sit for 10 minutes.
  • While the gelatin mixes with the water. Pour 1 cup of sugar and 1/4 cup of water into a medium saucepan. Clip a candy thermometer to the side of the pot and turn the heat to medium. Cook until the sugar is dissolved and the temperature reaches approximately 235ºF.
  • Add the contents of the pot to the mixing bowl and gently stir to break up any lumps of gelatin.
  • Add the vanilla extract and turn the mixer on to medium-high speed (speed 7) and whisk until light and fluffy (About 9 minutes).
  • Using a silicone spatula transfer the marshmallow to a piping bag fitted with a half inch diameter tip.
  • Pipe the marshmallow directly into the sugar mixture. Make a 2 inch diameter base and then swirl it upwards to resemble tightly coiled piles of poop. Keep in mind that a poop emoji has 4 levels to it so try and aim for that many. If the mixture isn't holding its shape, let the marshmallow cool for a minute and then continue piping.
  • While still tacky, dust the poops with the brown dyed sugar. If there is a even a bit of a coating you can pick up the marshmallow and gently dredge it in the sugar. They should hold their shape.

For the Eyes and Smiles

  • Cut slices of mini-marshmallows with a knife. Next affix the eyes with candy glue to the poo pile. Do the same with the mouth but instead of slicing, cut the mini-marshmallow lengthwise and then cut a semi-circle out of that. Affix the smiles with candy glue.
  • Make the pupils by lightly dotting brown food dye onto the eyes with a toothpick.

Recipe Source : Poop Peeps @ nomageddon

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