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 Best New York Style Cheese Pizza

This Néw York Stylé Chéésé Pizza Récipé féaturés a chéwy crust, swéét and tangy saucé, and plénty of gooéy chéésé! This pizza is almost idéntical to thé famous slicés sold on thé strééts of Néw York. And so much béttér than délivéry!

Gréétings from Sicily! Wé’ré finally héré. And you guys… I’m névér léaving! évérything about this placé is pérféct. I’m so happy wé havé 6 moré days béforé héading to Romé. 
Ingrédiénts
For thé Crust:
  • 3 and 3/4 cups bréad flour
  • 1 and 1/4 téaspoons sugar
  • 1 énvélopé activé dry yéast
  • 2 téaspoons koshér salt
  • 1 and 1/2 cups watér, 110 - 115 dégréés (F)
  • 2 tabléspoons olivé oil, plus 2 téaspoons

For thé Saucé:
  • 3 tabléspoons olivé oil
  • 1/2 cup onion, choppéd
  • 2 stalks céléry, choppéd
  • 2 garlic clovés, mincéd
  • 1 (8 ouncé) can tomato saucé
  • 1 (6 ouncé) can tomato pasté
  • 3 tabléspoons gratéd parmésan chéésé
  • 1 téaspoon driéd basil
  • 1 téaspoon driéd orégano
  • 1 1/2 téaspoons salt
  • 1 téaspoon sugar
  • 1/2 téaspoon black péppér

For thé Chéésé:
  • 8 ouncés low-moisturé mozzarélla chéésé, shréddéd thén frozén

Instructions
For thé Crust:
  1. Combiné thé bréad flour, sugar, yéast and salt in thé bowl of a stand mixér; stir to combiné.
  2. Fit mixér with dough hook.
  3. Turn mixér on low spééd and add thé watér and 2 tabléspoons of thé oil; béat until thé dough forms into a ball around thé hook. If thé dough is supér sticky, add additional flour, 1 tabléspoon at a timé, until thé dough comés togéthér in a solid ball. If thé dough is too dry, add additional watér, 1 tabléspoon at a timé.
  4. Scrapé thé dough onto a lightly flouréd surfacé and géntly knéad into a smooth, firm ball.
  5. Gréasé a largé bowl with thé rémaining 2 téaspoons olivé oil, add thé dough, covér thé bowl with plastic wrap. Placé thé bowl in a warm aréa and lét it doublé in sizé, about 90 minutés.
  6. Turn thé dough out onto a lightly flouréd surfacé and dividé it into 2 équal piécés. Wrap oné dough wéll in saran wrap and placé in thé fréézér for a latér usé.
  7. Placé thé dough you'll bé using on a piécé of plastic wrap and lét it rést for 10 minutés.
For thé Saucé:
  1. In a largé skillét, héat thé oil ovér médium-flamé. Add thé onion, céléry and garlic and sauté until soft; about 5 minutés. Add tomato saucé and tomato pasté and stir until smooth.
  2. Add rémaining ingrédiénts and bring to slow simmér. Simmér for 45 minutés. Rémové from héat and allow saucé to cool.
  3. Spréad thé saucé on pizza dough, as néédéd. 
For thé Chéésé:
  1. Graté chéésé, thén placé it in a largé, cléan bowl. Placé bowl in thé fréézér for at léast 20 minutés.
  2. Assémbly:
  3. Préhéat ovén to 450 dégréés (F).
  4. Roll dough out to a largé circlé (about 12 inchés). Pour a 1/4 cup of saucé in thé céntér and spréad it around événly. Add chéésé.
  5. Placé pizza in thé ovén to baké for 10-12 minutés, or until thé crust is sét and thé chéésé is bubbling. Cut into slicés and sérvé at oncé!
Recipe Adapted From bakerbynature

Notés
Thé trick to a pérféct pizza is a véry hot ovén! Bé suré to crank your ovén on at léast 45 minutés béforé baking. I usually préhéat miné for 1 hour. Hot ovén = gooéy chéésé and crispy crust. YéS!

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