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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!

TOP IDEAS FOR THE LIVING ROOM DECOR

Top Ideas For The Living Room Decor – Your living room decor is often a reflection of your aesthetic sense. It makes a statement about your artistic skills. So the question is what are the top trends in this space and how can you decorate in a way that makes heads turn. Well, first and foremost, you have to decide on a theme and plan the rest of the décor as per that. But there are some basic trends that you must follow to bring about the cozy, comfortable feel to your living room.

1. Bright colors.
Increasingly there is a shift to bright shades from muted colors. Cheerful and vivacious, these bright tones invariably lend an unusual warmth to your living space. Be it the cheerful green or the lemon yellow, it is hard to surpass the glow of these shades.


2. Warm wooden tones. 
The idea is to continue with the earthy natural tone in every element of your living room décor. Therefore go for wooden furniture in natural and warm tones. The rich brown of the teak wood and the gorgeous black of the fragrant rosewood is sure to add a lot of warmth. They also enhance the aesthetic essence in your living room décor.


3. Natural light.
Again the focus is on bringing in as much of the natural light in your house as possible. You might have the best of the designer lighting but nothing quite compares to the natural glow of the sunlight. Therefore, open up the windows and make the passage for as much natural light as possible. Even the moonlight on full moon evenings can add magic tour living room décor.


4. Mix match.
Let’s say you have Italian furniture but if an oriental rug goes with the overall color scheme and theme, go ahead and add it. The idea is to mix and match accessories in a healthy and cohesive fashion. This will give your living room a distinct identity. It will also grab the attention of anyone who comes to your house.


ANOTHER PERSPECTIVE
Your living room décor is often a reflection of your aesthetic sense. It makes a statement about your artistic skills. So the question is what are the top trends in this space and how can you decorate in a way that makes heads turn.

Well, first and foremost, you have to decide on a theme and plan the rest of the décor as per that. But there are some basic trends that you must follow to bring about the cozy, comfortable feel to your house.

The Top Trends
  • Bright Colours: Increasingly there is a shift to bright shades from muted colors. Cheerful and vivacious, these bright tones invariably lend an unusual warmth to your living space. Be it the cheerful green or the lemon yellow, it is hard to surpass the glow of these shades.
  • Natural Light: Again the focus is on bringing in as much of the natural warmth in your house as possible. You might have the best of the designer lighting but nothing quite compares to the natural glow of the sunlight. Therefore, open up the windows and make the passage for as much natural light as possible. Even the moonlight on full moon evenings can add magic tour décor.
  • Warm Wooden tones: The idea is to continue with the earthy natural tone in every element of your décor. Therefore go for wooden furniture in natural and warm tones. The rich brown of the teak wood and the gorgeous black of the fragrant rosewood is sure to add a lot of warmth. They also enhance the aesthetic essence in your home décor.
  • Mix & Match: Let’s say you have Italian furniture but if a Turkish rug goes with the overall colour scheme and theme, go ahead and add it. The idea is to mix and match accessories in a healthy and cohesive fashion. This will give your living room a distinct identity. It will also grab the attention of anyone who comes to your house. Additionally, it also adds to the cozy factor.
ConclusionTherefore, when you are planning to redecorate your living room, it is best to go for a natural, cheerful, bright look. Keep minimum accessories. Don’t clutter with too many artifact or artificial lights. Whatever you keep should be united in terms of the theme that you are following. A cohesive design comfortable and chic composition is the cardinal theme for your living room décor.
Article Source : TOP IDEAS FOR THE LIVING ROOM DECOR @ interiordecor4you 

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