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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!

Protein-Packed Kodiak Blueberry Muffins

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Protein-Packed Kodiak Blueberry Muffins
You’ve heard of the Cookie Monster? My husband is the Protein Monster. He loves coaching Crossfit, lifting heavy and protein. Lots of protein.
With active lifestyles, we look for ways to stay on track nutritionally but keep it enjoyable. Last year I discovered Kodiak Cakes, a company known for flapjack and waffle mixes that are low in fat but rich in protein and complex carbs. You can make a lot of treats with them and muffins are one of my favorites.
A muffin recipe is included with the box, but I was looking for a way to tweak the nutrients to get more protein and less fat per muffin. I searched the web and other blogs for existing recipes but couldn’t find one quite right; some had nice flavor and moisture but more fat and less protein, and others with more protein and less fat seemed to come out dry and lack flavor.
(And let’s face it -there’s nothing worse in a muffin than expecting a bite full of happiness but discovering a mouthful of disappointment; a mouthful of lies.)
So I took things into my own hands, experimenting until a muffin emerged with just the right ratio or delicious vs nutritious. I’m happy to say this recipe is taste-tested and approved by Crossfitters, macro-counters and comfort eaters alike. Whether you have specific nutritional goals, enjoy new and healthy snacks in your routine, or are simply a non-discriminatory lover of all muffins, these tasty little guys might just be for you.
Ingredients:
  • 2 Cups Kodiak Cakes protein packed flapjack mix
  • 1 Scoop SFH pure whey protein powder (vanilla)
  • 1 Egg
  • 1 Cup skim milk (or coconut/almond milk)
  • 1 Cup blueberries, fresh or frozen
  • 1/2 Cup unsweetened applesauce
  • 1 Teaspoon vanilla extract
  • 1/2 Cup Splenda brown sugar blend, plus some to sprinkle
Throw all ingredients, except for blueberries, into a bowl and mix until smooth. Stir blueberries in gently and then pour batter into greased muffin tins. Sprinkle some of the brown sugar blend over each muffin and bake at 350°F for 12-18 minutes (or until they pass the toothpick test). Makes 12 muffins.

Prep Tips:
  1. Pay attention to the Kodiak mix you buy (the original mix has 8g of protein per serving while the protein-packed version has 14g).
  2. Try to distribute blueberries somewhat evenly between muffins (too many in one will increase moisture and too few will decrease it).
  3. If you do meal prep in advance each week, keep in mind with fresh ingredients these muffins stay good for about 3 days. When making a big batch, consider freezing some to use as needed so they don’t start to spoil on you by day 4 or 5.
  4. If you’re not a fan of artificial sweeteners like Splenda, you can substitute Stevia or regular sugar (it can alter the macro count or batter consistency, but it probably won’t turn you into a toad or anything drastic).
  5. If you are a sweet-tooth monger like myself, you can never be too generous with that crowning sprinkle of brown sugar.
Macros per muffin:
Calories: 144g
Carbs: 23.2g
Fat: 1.3g
Protein: 8.3g
Muffin macro levels may vary based on your ingredients, so it’s always safe to recalculate based on your specific ingredients when using a different protein powder, type of Kodiak Cake mix or generally improvising ingredients. (You know. If you’re into that hardcore macro-counting business. If you prefer your life and your muffins on the wild side, then throw caution to the wind. Calculate nothing. No one can tell you or your muffins how to live your lives.)

I have saved this recipe in My Fitness Pal as “Reese’s Blueberry Kodiak Muffins” if you’re a My Fitness Pal user.
All writing and images copyright © 2016 Rachel Elise Weems Woods

more recipes @ https://reesewoods.com


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