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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!

Slap Your Mama It's So Delicious Southern Squash Casserole

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Slap Your Mama It's So Delicious Southern Squash Casserole
By Sherri Jackson @sherrialan
This is a tried and true Southern recipe that can be modified by adding meat or rice to it to make it a meal by itself. Chicken or turkey can be added to it, so bring on the leftovers. My daughter loves this recipe. You can mash the squash if you like it that way, but we just cut it into small pieces. Of course, adding onion and other seasonings are always optional. I like to add onion if my kids aren't eating it since I love it that way!
Blue Ribbon Recipe

Looking at this casserole is a bit deceiving. The buttery crushed cracker topping is beautiful, but the real surprise is the yummy squash filling underneath. This squash casserole is cheesy and super creamy. Yellow squash is naturally a tad sweet. Mixed with the savory cheese and soup it's the perfect combination. Covering the casserole for part of the baking time browns the buttery crackers perfectly. The Test Kitchen

Serves: 10-12
Prep: 20 Min
Cook: 45 Min
Method: Bake

Ingredients
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  • 3 lb yellow squash, sliced or diced
  • 1/2 c diced Vidalia onion, optional
  • 1 can(s) cream of mushroom or chicken soup, 10.5 oz.
  • 1 c mayonaise
  • 1 egg
  • 8 oz shredded cheddar cheese (sharp is my favorite)
  • 1 tsp salt
  • 1/2 tsp fresh ground black pepper

TOPPING
  • 2 sleeves of Ritz crackers, crushed
  • 1 stick melted butter

How to Make Slap Your Mama It's So Delicious Southern Squash Casserole

Step-by-Step 
Preheat oven to 350.
Wash and slice squash into small medallions or dice into smaller pieces if the squash is large. I prefer smaller sized squash since it is tender. Put squash into a large bowl for mixing with the filling.
In a separate bowl, mix together the soup, mayo, eggs, cheese, onions, salt, and pepper.
Pour over squash.
Stir until well mixed.
Then pour into a casserole dish for baking.
Crush crackers while in "tubes" (I usually wrap them in a dish towel to avoid a mess, and use a rolling pin or meat tenderizer) or place in a resealable plastic bag.
Pour crushed crackers into a bowl. Melt butter in the microwave and stir into crackers until moist.
Drizzle on top of casserole. (You can make more or less of the topping. More topping = more yummy!)
Bake at 350 degrees until bubbly and brown on top (usually 45-50 minutes). Bake for 30 minutes covered. with foil to help prevent crackers from burning.
Then uncover and bake an additional 20 minutes until golden brown on top.
***If you want, you can add a cup of chopped cooked chicken into casserole. Also, adding 2 cups of cooked rice into it makes a delish meal.

About Slap Your Mama It's So Delicious Southern Squash Casserole
Course/Dish: Vegetables, Side Casseroles
Main Ingredient: Vegetable
Regional Style: Southern
Collection: Casserole Crazy
Hashtag: #yellow squash



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