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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!

BLACK BEAN SWEET POTATO TACOS

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These Black Bean Sweet Potato Tacos are healthy, fresh and vegan. Ready in 30 minutes and full of spice and flavor!
These Black Bean Sweet Potato Tacos are healthy, fresh and vegan. Ready in 30 minutes and full of spice and flavor | ThisSavoryVegan.com
Tacos are one of the easiest meals to vegan-ize. If I’m eating out with friends I always suggest getting Mexican. Every Mexican joint I have gone to has always been super flexible and accommodating when I tell them my diet needs.
And in all honesty, I usually end up getting a meal better than anything they have on the menu.

BLACK BEAN SWEET POTATO TACOS

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These Black Bean Sweet Potato Tacos are healthy, fresh and vegan. Ready in 30 minutes and full of spice and flavor!
These Black Bean Sweet Potato Tacos are healthy, fresh and vegan. Ready in 30 minutes and full of spice and flavor | ThisSavoryVegan.com
Tacos are one of the easiest meals to vegan-ize. If I’m eating out with friends I always suggest getting Mexican. Every Mexican joint I have gone to has always been super flexible and accommodating when I tell them my diet needs.
And in all honesty, I usually end up getting a meal better than anything they have on the menu.
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The lesson here: don’t be afraid to eat at restaurants that aren’t designated as “vegan”. You’ll be surprised at how easy it is to find something to eat and how nice the servers are!
These Black Bean Sweet Potato Tacos are healthy, fresh and vegan. Ready in 30 minutes and full of spice and flavor | ThisSavoryVegan.com
Now, even though I love going out for Taco Tuesday, sometimes you want to stay in. And these tacos are just as good (or better) as anything you can buy out.
Roasted sweet potatoes are seasoned and served with black beans and a zesty coleslaw on top of heated corn tortillas. Add some guacamole or hot sauce on top and you have a healthy and flavor-packed dinner..
These Black Bean Sweet Potato Tacos are healthy, fresh and vegan. Ready in 30 minutes and full of spice and flavor | ThisSavoryVegan.com
5 from 2 votes

Black Bean Sweet Potato Tacos

 Cook Time 30 minutes
 Total Time 30 minutes
 Servings 4 -6

Ingredients

FOR THE SWEET POTATOES

  • 1 large sweet potato cut in small bite-sized pieces
  • 1 tsp. olive oil
  • 2 tsp. paprika
  • 2 tsp. cumin
  • 1/2 lime juiced
  • salt to taste

FOR THE COLESLAW

  • 2 cups shredded coleslaw mix
  • 2 tbsp. vegan mayo
  • 1 lime juiced
  • chili powder pinch

FOR THE BEANS

  • 1 can black beans drained and rinsed
  • 1 tsp. cumin
  • red pepper flakes pinch

FOR THE TACOS

  • 12 corn tortillas
  • Optional toppings: cilantro guacamole, salsa, hot sauce

Instructions

  1. FOR THE SWEET POTATOES: Preheat the oven to 450 degrees and line a baking sheet with foil. Add potatoes, olive oil, paprika, cumin and lime juice to a bowl. Stir to combine. Spray foil with non-stick spray. Add potatoes to the baking sheet and bake for 30 minutes, flipping halfway through. Remove from the oven and add salt.
  2. FOR THE COLESLAW: While the potatoes are cooking, add the coleslaw ingredients to a bowl and stir to combine. Refrigerate until ready to use.
  3. FOR THE BEANS: Add beans, cumin and red pepper flakes to a pan. Heat on low while potatoes are cooking, stirring frequently.
  4. TO ASSEMBLE TACOS: Heat tortillas in a non-stick pan or over direct heat. Add beans, sweet potatoes and coleslaw to each taco and eat as is or add optional toppings.

more recipes @ www.thissavoryvegan.com

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