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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!

2019 Bathroom Trends

Is your new year’s resolution to finally update your old bathroom? There are many parts to a bathroom remodel that should be considered. A few smaller updates can even help if you’re planning to sell your house in 2019. Studies have shown that bathrooms truly can help change the mind of a buyer.

Regardless of the reason, you’ll want to stay up to date with the hottest trends of the new year. See all of the 2019 bathroom trends you can use when remodeling.

What’s Hot In 2019
A bathroom remodel is a big project. While some homeowners choose to complete their updates one at a time, others find it best to get the entire remodeling done within a few weeks. Whatever you choose, it’s important to know what’s popular before completing any home project, especially if you plan to sell your home. Here are a few bathroom trends to pay attention to:

Mirrors


Adding more light to a bathroom, especially a small one, can be a challenge. At the top of the list for popular bathroom remodeling trends is new bathroom mirrors. Not only do they look great but they can make your bathroom seem brighter and larger. However, the 2019 trend is not just an average mirror. Carly Pupillo, kitchen and bath designer at LaMantia Designs & Remodeling, said many homeowners are opting to add lighting features.

Floating Vanities



In many bathrooms, an updated vanity can give your space a completely new look. Simply freshening up your vanity with a new coat of paint can be enough. However, for an even bigger change, Pupillo suggest a floating vanity, which will be popular in 2019.


Bathroom Cabinets



A common concern for homeowners is space in the bathroom. While some have luxuriously large bathrooms, others need to find ways to stay organized without sacrificing space. Cabinets can be a great solution, especially for a bathroom without closets. In fact, Pupillo said that your average linen closet may be going out of style soon due to beautiful bathroom cabinetry.

Amber Accents
Looking for the perfect color to compliment your bathroom style? Amber is what’s hot this year. It can pose as the perfect neutral paired with a bold color, or be a bright pop of color against a timeless neutral.



Amber toned items are going to be huge in the bathroom,. “Whether it's accent rugs, candles, and soaps, amber is the new color on trend! It adds warmth to the space and a calming effect that people love for their bathrooms.”

Glass Shower Doors



The latest craze in shower features is glass shower doors. They are low maintenance and add an extra style element that works well with any décor theme. Everyone loves how simple they look and how easy they are to clean! . The average cost of a frameless glass shower door is around $300, with the installation you should expect costs around $1,000.

All-White Fixtures



Similar to your bathroom cabinets, all-white fixtures are not going out of style anytime soon. If you need to upgrade your toilet, sink or bathtub this year, be sure to do it in white.
What’s Out In 2019Bathroom trends can change frequently, so it’s no surprise that a few once trending items are on their way out. Pupillo recommends staying away from tile accents in showers and gray cabinets if you’re remodeling this year. And, surprisingly, she also recommends opting for material other than marble.

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