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!

Slow Cooker Cabbage Rolls in Tomato Sauce

Slow cooker cabbage rolls are moister and more flavorful than ones baked in the oven. Stuffed with beef and rice and simmered in a tomato sauce all day long, this comfort food makes enough to feed families.


Cabbage rolls slow cooked in a slow cooker will be moister and more flavorful than ones that are baked in the oven.


When steaming the cabbage, you will see a point where the cabbage turns a bright green. The leaves are ready to peel off then.  I got about 2-3 leaves off and then had to put the head back in to soften up the head more.

Slow Cooker Cabbage Rolls in Tomato Sauce Recipe
Cabbage rolls slow cooked in a slow cooker will be moister and more flavorful than ones that are baked in the oven.



Ingredients

  • 1 head of cabbage
  • 1/2 cup converted long grain rice (Uncle Ben's)
  • 1 Tablespoon unsalted butter
  • 1 onion, chopped fine
  • 1 garlic clove, minced
  • 1 lb. lean ground beef
  • 1 large egg, well beaten
  • 1 teaspoon dried rosemary
  • 3/4 teaspoon salt
  • 1/4 teaspoon pepper
  • 1 (15 oz.) can diced Italian seasoned tomatoes
  • 1 (15 oz) can crushed tomatoes
  • 2 Tablespoon light brown sugar
  • 2 Tablespoon lemon juice

Instructions

  1. Fill a large pot three quarters full of water and lightly salt. Place the pan over high heat and bring the water to a brisk boil. Add the cabbage, cover the pot and cook until the outer layers of the cabbage peel off easily. Remove the tender leaves and pick out 10 of the largest leaves. Remove the thick ribs in the center of each leaf. Set aside.
  2. Fill a medium saucepan three quarters full of water and lightly salt. Place the pan over high heat and bring the water to a boil. Reduce the heat to medium and stir in the rice. Cook for 5 minutes then drain and rinse under cold water and drain well again. Set aside.
  3. Melt the butter in a skillet placed over medium heat. Stir in the onion and cook 5 minutes,
  4. stirring often, until the onion is soft. Stir in the garlic and cook for 1 minute longer. Remove from heat.
  5. Place the onion and garlic into a mixing bowl. Stir in the rice. Add the ground beef, egg, rosemary, salt and pepper and mix until well blended.
  6. Spread 1/3 cup of the filling into the center of each cabbage leaf. Fold the sides of the leaves over the filling and roll up the cabbage. Place the cabbage rolls, seam side down, into a 6 quart or larger slow cooker . Repeat untill all the cabbage leaves and meat mixture are used up.
  7. In a mixing bowl stir together the tomatoes with their juice, brown sugar and lemon juice. Pour
  8. the mixture over the cabbage in the slow cooker. Cover and cook on low 6 hours or until the
  9. cabbage is fork tender.

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