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!

CRANBERRY PUMPKIN BREAD

Cranberry pumpkin bread is the BEST pumpkin bread recipe, made better with the addition of fresh cranberries and sweet cream cheese icing! The perfect dessert or brunch recipe for your holiday table!

Well, we’ve officially entered a new era. The era of kids and electronic devices. God help us.

To be honest, it’s been a long time coming. Ever since sometime last year, or maybe the year before, Ellia & Greta have been BEGGING us to let them have something…anything…to call their own. Because everyone has something. Obviously. So for as long as I can remember, this has been a discussion. But just recently, they’ve really turned up the volume. The weekly requests have become daily….and the “we’ll talk about it” has stopped working as an acceptable response.

Yes, I knew it was only a matter of time. Of course, I wasn’t expecting to wake up this morning and be told by Greta that she has her own phone. And I wasn’t expecting Ellia to ask me to charge hers while she was at school today….but sometimes things happen when you least expect them. And apparently the time for phones is now! (To be fair, their phones are actually our old phones….which work more like iPods….and, as Greta told me, I should be happy I don’t have to buy anything new….but yes. Times they are a-changin’.)

And seasons are a’changin’, too. To be honest, I’m not really sure if I should be thinking about Thanksgiving or Christmas right now….so for today, I decided to think about both. With this Cranberry Pumpkin Bread recipe!
I know, I know….pumpkin bread recipes are everywhere. There are some delicious ones out there…like cinnamon crusted pumpkin bread and death by chocolate pumpkin bread, But. THIS pumpkin bread is the BEST!!! And not just because it’s packed with fresh cranberries and topped with delicious cream cheese icing, but because the bread itself is so incredibly perfect. Of course, the cranberries and icing don’t hurt…and they’re the perfect additions to take this recipe from fall to winter. And trust me….once you try it, you’re going to want it for BOTH. In fact, you’re going to want it all. the. time!

Cranberry Pumpkin Bread for Thanksgiving, Cranberry Pumpkin Bread for Christmas, and Cranberry Pumpkin for breakfast….just because.


Cranberry Pumpkin Bread

The BEST Pumpkin Bread....made even better with the addition of fresh cranberries and sweet cream cheese icing! The perfect addition to your holiday table!
 Prep Time 10 minutes
 Cook Time 1 hour
 Total Time 1 hour 10 minutes
 Servings 2 loaves
 Author Cathy Trochelman

Ingredients

Pumpkin Bread

  • 2 c. granulated sugar
  • 1 c. packed brown sugar
  • 3/4 c. vegetable oil
  • 1 1/2 tsp. baking soda
  • 1 tsp. baking powder
  • 1 tsp. salt
  • 1 tsp. cinnamon
  • 1/2 tsp. allspice
  • 1/2 tsp. nutmeg
  • 1/2 tsp. ginger
  • 1 15 oz. can pumpkin puree
  • 2 eggs
  • 3 1/2 c. flour
  • 1/3 c. water
  • 2 c. fresh cranberries

Cream Cheese Icing

  • 1 c. powdered sugar
  • 2 oz. cream cheese softened
  • 2 tsp. milk
  • 1/2 tsp. vanilla
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Instructions

  1. Preheat oven to 375 degrees.
  2. In a large mixing bowl, combine granulated sugar, brown sugar, and vegetable oil. Beat at low speed until blended.
  3. Add baking soda, baking powder, salt, and spices. Beat until blended.
  4. Add pumpkin and eggs. Beat until blended.
  5. Add flour and water and stir just until blended.
  6. Stir in cranberries.
  7. Pour batter into two (5x9 inch) loaf pans that have been greased and floured.
  8. Bake at 375 degrees for 55-65 minutes or until a toothpick inserted in the center comes out clean.
  9. Remove from oven; cool 10 minutes in pan, then remove to a wire rack to cool completely.
  10. Combine icing ingredients and mix until smooth. Spoon icing over bread. *Icing recipe can be doubled according to taste.

Recipe Notes

Basic Pumpkin Bread recipe adapted from An Occasion to Gather.
 more recipes @ www.lemontreedwelling.com

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