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!



Learn how to tie dye Easter Eggs with shaving cream. It is so simple and very frugal to make shaving cream Easter eggs!

Tips for dying Easter eggs with shaving cream
Kid’s can choose the color they want to make their eggs and really make it their own! I like to give each child a disposable pan.
This really makes clean up a breeze! Plus, there is no fighting or arguing and each child can create the design in their color choice.
This is also a great idea if you are having an Easter Egg Dying Party! Give each guest their own pan and it makes it all so easy.
You can use any size pan you like. Just make sure there is enough room to make the design once you drop the food color.
How to tie dye Easter eggs and make marbled Easter eggs?
Shaving cream is the easiest way to make marbled Easter eggs. It’s definitely the easiest way if kids are involved. 
You can also use oil, vinegar and food color to make marbled eggs. This technique is a bit trickier but the results are gorgeous.
You can make Marble Easter Eggs with Kool-Aid. This is bit different than simply using Kool-Aid to dye Easter eggs but the results are so cool!

How do you dye eggs with food coloring?
You can use food color from the grocery store or some people like to use the gel food coloring. This really provides for a darker egg if you are going for a more vibrant color.
It’s also really fun to dye eggs with food color with an egg without the yolk. Just blow out the yolk and then dye the egg shell with fun colors!
Have you ever dyed the eggs out of their shell and made Easter deviled eggs? These are so pretty and make the table just look so festive!
We started coloring Easter eggs with shaving cream last year and it was a blast!
I was a little skeptical at first and wondered would coloring Easter eggs with shaving cream work! I feared we would end up with just a big mess of shaving cream and food coloring everywhere.
However, dying Easter eggs with shaving cream ended up being one of my favorites Easter egg decorating techniques. They really do end up with a pretty marbled tie dye effect.
It’s so cool looking and really fun to make with all the shaving cream. Plus, I love that it uses items I already have around the house.
Coloring eggs with shaving cream is really frugal too! I don’t have to buy any kits!
We also learned how to dye Easter Eggs with Kool-Aid and that is a really fun way to dye eggs as well.

Materials for Shaving Cream Easter Eggs:
  • Liquid Food Coloring (We used McCormick neon food coloring)
  • Shaving Cream
  • Toothpick
  • Hard Boiled Eggs, room temperature (You also make hard boiled eggs in the oven)
  • Rubber gloves 
  • Paper Towel

How to dye Easter eggs with shaving cream:

1. Spray shaving cream onto a shallow mixing bowl or disposable pan.

2. Drip food coloring on top of the shaving cream in the color combination of your choice. Use a toothpick to swirl the colors in the shaving cream.

3. With glove covered hands, carefully roll an egg into the food coloring and shaving cream mixture and place onto an egg carton to set. Repeat for the desired number of eggs.

4. Let eggs set. I let mine set about 2 hours. Cover your hands with gloves again and use paper towel to gently wipe away the shaving cream.

How do you dye eggs for Easter?
I know some people do not like to stray from using traditional Easter egg dying kits. Those are fun too but I think you would be pleasantly surprised how fun and easy these other ideas are!
We love dying eggs with Kool-Aid too. This really makes for a bright and vibrant colored egg. So pretty!
Have you tried using eggs wrapped in a paper towel to tie dye eggs? This is a fun way to decorate Easter eggs too.
Think outside the box and get creative! You can try several different ways to dye Easter eggs and see how each one turns out. So fun!
The kids will love seeing how different they all look and it’s a great way to learn about different ways of doing things. Plus, so fun to see each person’s creativity and personality come out with their design.


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