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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!

Biscuits and Gravy Breakfast Casserole

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You know what’s a great phrase for a satisfying meal? Sticks to your ribs.
Sure, it’s kind of goofy. At first, it sounds like the food is supposed to stick to your ribs from the outside, as if you were wearing a vest made out of pancakes or something. But once you realize it’s sticking to your ribs from the inside, then it just really captures the whole idea of a meal that will keep you full and satisfied for hours.

My Biscuits and Gravy Breakfast Casserole is a hot breakfast that will really stick to your ribs. Not a dainty little coffee-and-Danish breakfast, which is tasty but melts away by mid-morning. This here is a breakfast that will keep you chugging along right until lunchtime.

The recipe makes a nice big batch, which is great for feeding a houseful of hungry guests (like, say, family visiting over the holidays, which are just around the corner…. omigosh). But if you don’t have that many to feed, it’s pretty easy to cut the recipe in half.

My Biscuits and Gravy Breakfast Casserole recipe is a hot breakfast that will really stick to your ribs. It is so easy to make and your family will love it!

INGREDIENTS : 

  • 2 cans, 16oz large, flaky biscuits
  • 1 pound ground breakfast sausage
  • 4 Tablespoons flour
  • ½ teaspoon salt
  • ½ teaspoon black pepper
  • ½ teaspoon garlic powder
  • 3 cups milk
  • 2 Tablespoon melted butter, for brushing on top of finished


INTRUCTIONS :

  1. Preheat oven to 400° F. Open cans of biscuits and cut into quarters. Set aside.
  2. Prepare a casserole dish with cooking spray. Either a 9 x 13 or 10 x 12 is recommended. You can use a smaller dish, but you might have some spillage in the oven. Layer half of the quarters in prepared pan.
  3. Bake for 10 minutes.
  4. Next, brown ground sausage oner a medium/high heat until cook through. Reduce heat to medium.
  5. In a small bowl mix together flour, salt, pepper and garlic powder. Sprinkle the cooked sausage with flour mixture. Stir flour mixture into sausage until completely absorbed.
  6. Next, add in milk and stir to combine. Stir frequently until mixture comes to a simmer. Reduce heat to low and continue to simmer and stir until gravy has started to thicken, (about 5 mins).
  7. Pour gravy over your bottom layer of cooked biscuits. Layer the remaining uncooked, biscuit pieces over the gravy. Bake for 15-20 minutes or until biscuits are golden brown.
  8. If you would like, brush 1-2 Tablespoons of melted butter over the tops of the biscuits to give them an inviting shine


Recipe Adapted From Biscuits and Gravy Breakfast Casserole

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