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!

Mason Jar Lid Snow Globe

Happy Holidays! We have something so adorable to share with you today! Who loves snow globes? (Raises hand). Who loves mason jars? (Raises other hand). This easy DIY Christmas craft idea is just for people like us! Today I’ll show you how to make a cute mason jar lid snow globe using just a few simple supplies. You know how we do things around here at Smart School House .. crafts need to be fun for everyone and recipes need to be quick and easy! Are you ready to see the secret for how to make a snow globe out of a mason jar lid? It’s so much easier than you think ..



You will need some clear plastic ornaments that open in half like these:



I went to Michaels and found 2 different sized clear plastic ornaments. The “small” ones fit on top of a regular mason jar as well as the small mason jar. The large one fit on the big jar! If you’re unsure , grab one of these plastic ornaments at Michael’s and head to where they have the mason jars to find ones that “fits” closely on a lid. In the end, they will look cute no matter what on top of a mason jar!



You will also need something to fill the jar(s) with! I used mini candy canes, hot chocolate with marshmallows, and the big jar has pretend snowballs and these battery powered twinkle lights inside (also known as fairy lights). It looks SO PRETTY at night when the lights are glowing in the jar. It’s my favorite!



Aren’t these the cutest DIY snow globes you’ve ever seen? They’re so cute that you could actually give them as gifts! We use them as decoration on our mantle. My kids love to sneak a candy cane here and there:)



What kind of holiday scene will you create in your mason jar lid snow globe? These are so simple and beautiful that you can’t go wrong with making any kind of snow globe you can dream up!



You Will Need :
  • Mason jar with a lid. Find them at a grocery store, craft store, or here
  • This is the large jar I used.
  • Miniature Christmas tree ornaments. Find them at the craft store or here
  • 1 bag of fake snow. Found at a craft store or here
  • String, ribbon, or twine (to wrap around the lid)
  • Glue gun (tip: E6000 glue works for a stronger hold!)
  • White paper
  • Scissors
  • Clear Plastic Ornaments (as pictured above and in the video)
Directions :
  1. Take apart the mason jar lid and trace inner circle part of the lid on white paper. 
  2. Cut the circle out and glue the paper circle to the inside of the lid
  3. Hot glue the lid to the rim (as seen in the video). Use E6000 glue for a longer and stronger hold, if necessary.
  4. Cut the ornament string off of the top of the miniature Christmas tree ornaments. 
  5. Create a snow globe scene! Hot glue different things on top of the white paper. 
  6. Add some fake snow on top.
  7. Dust off any extra snow on the very outside of the mason jar lid.
  8. Open up a clear plastic ornament and glue so it is in 2 pieces. Glue around the 1 of the edges or glue the edge of the mason jar lid (either works!)
  9. Place it on top of the mason jar! There is a small circle on the ornaments which is made to put string in and hang on a tree. Place that circle part in the back of the snow globe when gluing so it is hidden. 
  10. Add whatever you want on the inside of your mason jar and tie a little string, ribbon, or twine around the lid to finish it off.
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