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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!

LOW CARB BREAKFAST CASSEROLE

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LOW CARB BREAKFAST CASSEROLE
If you need a new low carb breakfast to try, this low carb breakfast casserole is seriously good! So filling and super simple to prepare!
I think the avocado with Cholula is my favorite easy breakfast of all time, though. It’s so good!
Anyway, I’m getting off track!
I eat a super simple breakfast through the week, but on the weekends the husband is home and he wants a MEAL.
This overnight breakfast casserole can be made in advance. Just pop individual servings in the microwave to reheat. It’s even good cold, if you ask me.
Obviously, this means that it makes a fabulous holiday recipe. You know when you have a million people staying at your house over the holidays and you’re just like…ugh. You want me to cook for you AGAIN?
This is perfect for that feeling.
And it’s low carb, so if you’re wanting to cut carbs and still feed the carb lovers, this one is perfect.

LOW CARB BREAKFAST CASSEROLE
Prep Time 20 mins
Cook Time 35 mins
Total Time 55 mins
SERVINGS: 12
COURSE: BREAKFAST
CUISINE: AMERICAN
KEYWORD: CASSEROLE, LOW CARB
CALORIES: 425 KCAL

This low carb breakfast casserole is hearty and filling, because it's packed full of protein from the sausage, bacon, and eggs. Add in any vegetables or meat you like!

INGREDIENTS
  • 1 pound sausage
  • 1 pound bacon
  • 1 dozen eggs
  • 1/2 cup milk
  • 2 cups grated cheddar
  • 1/2 sweet onion diced
  • 1 bell pepper diced
  • 1 tablespoon Frank's red hot
  • 1/2 teaspoon salt
  • 1/2 teaspoon pepper
INSTRUCTIONS
  1. Brown the sausage in a large skillet, crumbling as it cooks. Drain grease and set aside.
  2. Dice the bacon into bite-sized chunks and cook in a large skillet, stirring often, until crisp. Drain the grease and set aside.
  3. Pre-heat the oven to 350 degrees. Spray a 9x13 baking dish with non-stick spray.
  4. Crack the eggs into a large mixing bowl and add the milk. Whisk together until well combined.
  5. Stir in the sausage, bacon, cheddar, onion, pepper, hot sauce, salt, and pepper. Stir until well combined.
  6. Pour the mixture into the prepared baking dish and bake for 35-40 minutes or until eggs are set and edges are golden brown.
  7. Let cool 5 minutes before slicing and serving.
RECIPE NOTES
To keep this a bit lower in carbs, swap in 1/4 cup of heavy cream + 1/4 cup of water for the milk. Serve with a dollop of sour cream and sprinkle with chives, as desired.

Nutrition Facts
Low Carb Breakfast Casserole
Amount Per Serving
Calories 425Calories from Fat 315
% Daily Value*
Total Fat 35g54%
Saturated Fat 13g65%
Cholesterol 236mg79%
Sodium 811mg34%
Potassium 298mg9%
Total Carbohydrates 3g1%
Sugars 1g
Protein 21g42%
Vitamin A15.9%
Vitamin C16.5%
Calcium18%
Iron8.6%
* Percent Daily Values are based on a 2000 calorie diet.



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