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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!

EASY SOUTHERN POTATO SALAD

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Summer picnics and back-yard barbecues wouldn’t be the same without a tasty helping of potato salad, and I think this is the best recipe for classic Southern Potato Salad! Just like Grandma used to make, this easy to make, old-fashioned potato salad is creamy, tangy deliciousness, and is loaded with crunchy dill pickles, spicy mustard, mayonnaise, and must-have hard-boiled eggs!

This creamy potato salad recipe was my Mom’s and the one that I have made most of my life. I have to admit that I have never tasted a potato salad I didn’t like but to me the combination of mayonnaise, mustard and my secret ingredient, dill pickle juice ramps up the flavor of this traditional potato salad.
Of course, there is a debate between potato salad aficionados between which is best, sweet or dill pickles. I’m in the dill pickle camp, but I certainly wouldn’t turn my nose up at a potato salad made with sweet pickles. It’s really just a matter of taste!

Backyard barbecues and summer picnics call for a tasty helping of potato salad, and this is the best recipe for classic Southern Potato Salad! Just like Grandma used to make, this Southern-Style old-fashioned potato salad recipe is creamy, deliciousness, with crunchy dill pickles, tangy mustard, and hard-boiled eggs!

INGREDIENTS : 

  • 1/2 cup Vidalia or sweet yellow onion finely minced or grated
  • 1 cup mayonnaise preferably Dukes or Hellman's
  • 1/4 cup yellow mustard
  • 1/4 tsp Kosher salt and pepper
  • dash paprika for garnish
  • 3 pounds boiled russet potatoes or any other white potato peeled and cubed (About 7-8 medium size potatoes)
  • 2 tsp kosher salt
  • 4 hard boiled eggs peeled and chopped
  • 1/2 cup hamburger dill pickles chopped
  • 2 Tbsp hamburger dill pickle juice





INTRUCTIONS : 
  1. Bring a large pot of water to boil over high heat. When the water starts to boil add 2 tsp of kosher salt and the potato cubes and cook for approximately 10 minutes. The potatoes are cooked when you can take a piece of potato and mash with a fork with little resistance. Drain the potatoes in a colander.
  2. Pour the drained and cooked potatoes back in the pan and use a potato masher to mash them 3-4 times. This step makes your potato salad even creamier and ensures that the potatoes soak up more of the mayonnaise mixture.
  3. While the potatoes are cooking, combine the mayonnaise, mustard, onion, pickles, pickle juice, hard boiled eggs and salt and pepper in a large bowl and mix well. Add the potatoes and fold in.
  4. Garnish with a dash of paprika.
  5. Refrigerate and serve chilled. Enjoy!

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