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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!

Keto Ice Cream

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Keto Ice Cream
 – Just 4 Ingredients!
A dairy free and low carb keto ice cream recipe everyone can enjoy, even if you’re not on a keto diet!
Smooth and creamy keto ice cream, without all the sugar.
Serve it on top of brownies or with these Chocolate Chip Peanut Butter Bars.
The hands-down most popular request I’ve been getting from readers this past month has been for more keto recipes. But you definitely don’t need to be on a ketogenic diet—or any diet—to enjoy this easy and sugar free ice cream. With just 4 ingredients and the same delicious creaminess of regular dairy ice cream, what’s not to love? Ice cream is one of my favorite foods (at this point, I should honestly just call it a food group), and I don’t want anyone to feel like they have to miss out on eating it. Although I’m not on the keto diet, I really love this ice cream too!
How To Make Keto Ice Cream
As mentioned, you only need 4 ingredients to make the recipe… or 5 if you want to turn it into chocolate keto ice cream!
You simply stir everything together, and then either churn it in an ice cream maker OR freeze the mixture in ice cube trays (which can be purchased for as little as 2 dollars at most grocery stores or home stores such as Bed Bath Beyond). Then blend the frozen ice cubes in a Vitamix or thaw enough to blend in a food processor or regular blender. I like to scoop it out with an ice cream scoop for that authentic ice cream shape.
The recipe is based on my Coconut Ice Cream Recipe, so if you’re not following the keto diet, you can absolutely feel free to use your favorite sweetener (sugar, maple syrup, etc.), and it still works.
To make the ice cream keto, use xylitol, a low-glycemic and natural sugar alternative with 40% fewer calories that is absorbed more slowly than sugar and doesn’t have the same effect on insulin or blood sugar levels. (Just like chocolate, raisins, and avocados, it should not be fed to dogs.)
Keto Ice Cream Recipe
Total Time: 10m
Yield: 4-5 servings Print This Recipe 5/5

Ingredients
  • 2 cups canned coconut milk
  • 1/3 cup erythritol, xylitol, or sweetener of choice
  • 1/8 tsp salt
  • 1 1/2 tsp pure vanilla extract or vanilla bean paste
  • optional ingredients for desired flavor
Instructions
  1. Be sure to use full-fat canned coconut milk, not lite or coconutmilk beverage. If desired, you can use the seeds from a vanilla bean instead of the extract. To make the keto ice cream: Stir together the milk, sweetener, salt, and vanilla extract. If you have an ice cream machine, simply churn according to manufacturer’s directions. Or to make it without an ice cream machine, freeze the mixture in ice cube trays, then blend the frozen cubes in a high-speed blender such as a Vitamix OR thaw them enough to then blend in a food processor or regular blender. Eat as-is, or freeze an hour or so for a firmer texture. Due to not having any preservatives or stabilizers, the keto ice cream is best the day it’s made, but you can technically freeze leftovers up to a month and thaw before serving.

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