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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!

POMEGRANATE MATCHA ICED TEA

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POMEGRANATE MATCHA ICED TEA
Antioxidant-rich pomegranate juice and matcha green tea give a unique flavour to this healthier iced tea recipe. Easy to make and ready in 15 minutes, stay cool with this refreshing non-alcoholic drink.
Hello! Today’s recipe is a simple and delicious iced tea featuring the unique and tasty flavours of matcha (green tea powder) and pomegranate juice. You’ll be sipping this refreshing drink out on the patio in no time!
I hope you enjoy this recipe for Pomegranate Matcha Iced Tea!
Let’s start with matcha! What is Matcha? It consists of specially grown green tea leaves that are processed into a finely ground powder.
Matcha has a vibrant green colour, is aromatic, and its taste is complex, astringent and vegetal with a sweet aftertaste.
Is it good for you? Although not heavy in vitamins or nutrients, it’s rich in antioxidants (compounds found in food that help delay damage to cells) and also contains caffeine, which is a plus for me because I always can use a pick-me-up in the morning or mid-day.

Note: Matcha doesn’t fully dissolve as it is a fine powder. It will settle if left to sit after a while so remember to whisk the drink prior to serving.

Pomegranate juice has a delicious fruity, tart flavour and beautiful deep red hue. It’s also full of healthy antioxidants.
I personally buy pomegranate juice in a bottle rather than extracting it from a pomegranate to save time, but if you want to, check out this (external) link on how to make pomegranate juice.
Then there’s the lemon juice (and extra lemon slices). The fresh, zesty, and bright flavours of lemon juice is a wonderful compliment to the other ingredients in this easy to make iced tea.
The addition of pure honey gives the drink a little rich and sweet flavour among the otherwise mostly tart ingredients, but it doesn’t make the drink overly sweet. If you want to keep it vegan, use agave syrup or maple syrup instead.
Finally, the water and ice. It dilutes the mixture to a refreshing flavour and keeps it cool.
This tasty iced tea recipe is:
Quick and easy to prepare: It takes 15 minutes or less or make.
Delicious and satisfying: This non-alcoholic drink is not too sweet, slightly tart and bright, and has a great green tea flavour!
Refreshing: It will keep you hydrated on those hot days and nights.
Full of nutritious benefits, especially antioxidants from the matcha powder and pomegranate juice.
Makes just over 6 cups (more with ice): Perfect for a small crowd, but it's simple to scale up. You can easily double or triple the recipe to make more if needed.
Perfect to make ahead of time: Make it a day ahead if you like. Just give it a stir to redistribute the matcha powder before serving.
I hope you try this recipe! If you do, please leave me a rating and comment down below or tag me on any of my social media. I’m @yay_for_food on Instagram. I’ll love a picture!
POMEGRANATE MATCHA ICED TEA
Active Time: 5 minutes
Total Time: 15 minutes
Servings: 6

INGREDIENTS
  • 2 cups hot water (boiled and cooled for a couple minutes)
  • 3 tsp pure Matcha (green tea) powder
  • ¼ cup pure honey
  • ½ lemon, juice
  • 1 cup pomegranate juice
  • 4 cups cold water
  • Lemon slices
  • Lots of ice cubes
INSTRUCTIONS
  1. In a large heat proof pitcher, briskly whisk the matcha powder with hot water for one minute. Then mix in the honey and lemon juice until the honey is dissolved and well combined. Let it cool for 10 minutes.
  2. After the mixture is cooled, add the pomegranate juice, cold water, lemon slices, and ice cubes, and give the iced tea a good stir to combine everything together.
  3. Serve immediately or chill in the refrigerator until ready to serve (store up to 3 days).
  4. NOTES
  5. Just prior to serving, give the mixture another stir to re-incorporate the Matcha powder into the iced tea.
NUTRITION INFORMATION (PER SERVING)
Calories: 68 Carbs: 18.8g Fat: 0g Protein: 1.2g
*Nutritional values are estimated based on the ingredients used by the author; your ingredients may differ.


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