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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!

10 Best Inspirations Bedroom Paint Colors at 2019

Choosing one of trending bedroom paint colors will spice up your personal space. Bright colors, which are popular for kitchens, are replaced by lifestyle-inspired shades. Consumer Reports for paint ranking also informed the rising trend of nature-related colors for houses.

1. Forest Green


Forest green provides a calming feel for all bedroom types. The slightly dark green is great to pair with off white and light wood color. The wood colors can be incorporated as the floor, main furniture items, and curtains. Perfect for a well-lit bedroom.

2. Pale Beige or Cream



Pale beige and cream became popular bedroom paint colors thanks to minimalist lifestyle trend. The pale beige or cream is soft, soothing, and perfect for all designs. However, they are not as boring as regular white.

3. Periwinkle



The “lavender blue” or periwinkle is a great alternative of lilac and blue. The color leans slightly to the blue side, but still has a light lavender tone.  Perfect to pair with pale orange.

4. Zesty Orange



Despite being a bright color, orange is great to energize your mind. It also has positive energy, but not as “stressful” as red. Neutral grey or pale green are perfect to balance the orange. Choosing the muted version of the orange (or sticking with matte paint) is a great way to reduce the overwhelming brilliance.

5. Dusty Blush Pink


Lilac or millennial pink is no longer popular bedroom paint colors. The trends have shifted to the paler, more neutral versions, such as dusty blush pink. The shade is elegant, but not as bold as the trendier color, thus more timeless.

6. Clay and Terracotta



“Earth” colors such as clay and terracotta provide warm feeling in a bedroom. The colors are great with pale green, white, or cream. These earth colors may lean to reddish or greyish brown, which you can choose depending on your taste.

7. Misty Blue



Misty colors offer the paler versions of original colors. Misty blue, for example, has a blue undertone that leans to “foggy grey” color. It creates a relaxing and cooling atmosphere in the bedroom. Misty blue is great to pair with bright accent colors, like dark green, orange, or red.

8. Turquoise



Turquoise is one of those timeless bedroom paint colors that can be fun or relaxing. It looks great with soft, neutral shades or bright accents. Using matte paint will subdue the turquoise shade, perfect for a relaxing bedroom.

9. White “Shades”



White is a classic. Using several white “shades” is the modern way to adorn bedroom. People who love white but don’t want to look boring can use different “almost-white” tones to decorate a bedroom. They are modern, but still easy on the eyes.

10. Muted Purple



Rich purple is an experimental color for many people. Using muted purple is a great choice if you feel self-conscious about using this color. The muted version provides a softer atmosphere even with the rich basic shade.

Article Source : 17+ Best Bedroom Paint Colors to Welcome 2019 @ hijauku

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