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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!

7 Idol K-Pop Guys Who Are Called Korean Media Version 'Visual Genius'!

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There are many K-Pop idols who actively promote their groups in the Korean entertainment industry. They are good at singing, dancing, rap, and even creating songs. They also stole fans' hearts with their interesting visuals. The visuals of idols are often one of the materials discussed by Korean netizens.

Recently, one of the largest media outlets in South Korea, the Hankook Sport, has chosen K-Pop idols who are referred to as "visual geniuses." They are considered to have the best visual aura. No matter what the pose, the clothes they wear or what they do, these idols always look handsome !

1. Kim Taehyung [V] BTS 


Since debuting with BTS, V is known for his handsome face. He has a small face, cute eyes and a sweet smile. However, one reason why many fans idolize him is because he has a warm and cool aura at the same time. When performing on stage, he looks cool and charismatic but he can be very cute and funny when off stage especially when greeting his fans.

2. Cha Eun Woo ASTRO


Not just girls, it turns out the guys also recognize the good looks of Cha Eunwoo. He has won the hearts of many female fans because of his very handsome face. He also has a cute face that certainly fits the standards of the idol idol in Korea. So, this 1997-born idol is considered as one of the best K-Pop idol visuals today.

3. Jinwoo WINNER


Jinwoo is known as an idol who has a baby face. So many fans don't believe that he is the oldest member in his group. However, Jinwoo's baby face is one of its attractions. He is even considered one of YG Entertainment's mainstay visuals.

4. Jaehyun NCT

It's quite difficult indeed to talk about visuals on NCT because the members are known to have good visuals. Jaehyun was one of the members whose visuals were warmly discussed by netizens before he debuted. He has also proven his good looks so that he can be part of a list of idols called "visual geniuses".

5. Suho EXO


The owner's real name Kim Jun Myeon has indeed stolen the attention with his handsome face since he debuted. He is also very charismatic. Thick eyebrows, sharp nose and sweet smile are the main attraction of EXO's leader.

6. Vernon SEVENTEEN


Bloody mix makes Vernon have a visual that is not kidding. Since the beginning of the debut, many call it a twin of Hollywood actor Leonardo Dicaprio. He is indeed a crossbreed from Korea and the United States so he has a handsome face that is unique among K-Pop idols who are certainly admired by many fans.

7. Ong Seungwoo WANNA ONE


Ong Seong Woo stole the attention because of his distinctive visuals. His facial features are called very sharp. He is considered to have a handsome face with an aura of actors who are very attached to him and ready to steal fans' hearts with his visuals.

WHO IS YOUR FAVORITE ???????

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