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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!

A KINETIC CHRISTMAS: Reindeer Reins

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Day 4


Reindeer Reins


FROM RUNNING
TO SKIPPING (Approximately 2+ years)









Click to Enlarge


JUST RUN!


Have you
ever noticed kids run whenever they want and nobody thinks twice about it? They
don't need to go to buy running gear. They don't need to stretch out first.
They don't need ear buds or a pedometer. They run because it feels good. And
while they're running, all that speed is giving them a sense of confidence in
their own power. Just like a reindeer...













Reindeer
Reins is best outdoors, but can easily be converted to a large indoor space if
the weather's not cooperating. Fun for two or more kids, or just the two of
you.





GET READY:
Create chimney tops from paper, wood blocks, or whatever you have at hand. We've also provided a printable if that's
easier for you (attached to the bottom of the post.)





Scatter your
chimney tops in different locations around the yard.





Take a
ribbon or piece of tinsel and wrap it under the child's arms and around his chest. If you have
more than one child playing the reindeer, create reins for each and tie them in
a knot as a handle for the sleigh driver to hold.





Hand the
reins to the sleigh driver and they're ready to go.











The goal of each round should be to go as FAST as they can TOGETHER AS A TEAM. And be sure to change roles so that each child has a chance to be the reindeer or the sleigh driver. Start simply, adding complexity as they go. For instance...





COOPERATIVE
PLAY. Encourage the kids to run as fast as they can, working together to "steer"
towards every chimney top and back to the North Pole.








LEADERSHIP
PLAY. Encourage them to decide who will lead the route --either the
reindeer or sleigh driver. When they return from their rounds, reverse roles
and have the other child lead.





MEMORY
ROUND. Have the children map out their route together. When they return, ask them to do it again from memory. When they return, reverse roles, and see if they can repeat
the route one more time.





FLYING
NUMERACY. Number the chimney tops and have them go in order, 1-2-3, etc. If they're
ready for it, have them retrace their steps, 3-2-1 to return to the North Pole.





CHIMNEY COLORS. Make the chimney
tops different colors. Call out the order and have him land on each top in
order. See if they can fly in a rainbow pattern too!









Wishing you a happy,
healthy, active holiday season!















Click to Enlarge


























A KINETIC CHRISTMAS


BLOG SERIES








24 DAYS OF ACTIVE HOLIDAY PLAY!












DAY 1: A KINETIC CHRISTMAS











DAY 2: CANDY-CANE-GO-ROUND











DAY 3: BE THE TREE 















DAY 4: REINDEER REINS 














DAY 5: CHRISTMAS CRAWL












DAY 6: ROCKIN' AROUND THE CHRISTMAS TREE


















DAY 7: WALRUS WORDS











DAY 8: CHIMNEY TRICKS!









DAY 9: CANDY CANE HOCKEY








DAY 10: JINGLE RINGS








DAY 11: THREE HEADED GINGERBREAD MONSTER








DAY 12: SANTA SAYS! 








DAY 13: SANTA CLAUS WAY








DAY 14: INDOOR SNOW!










DAY 15: MAKE YOUR OWN BLIZZARD







DAY 16: FROSTY STACKS






DAY 17: REINDEER RELAY

















DAY 18: LITTLE DRUMMER KIDS







DAY 19: TINSEL TOES








DAY 20: JINGLE TAG 
























DAY 21: NUTCRACKER JIG








DAY 22: SANTA'S SACK






DAY 23: PASS THE PRESENTS






DAY 24: MAKING MAGIC















































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