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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!

EASY MOIST LEMON BUNDT CAKE RECIPE

Monday, August 26, 2019 Cheese, Dessert, Easy Snack Recipes, Recipes for Baking in an Oven Edit

Thìs easy lemon bundt cake drìzzled wìth lemon cream cheese frostìng ìs a fantastìc nearly from scratch dessert! ìt’s super moìst and super tasty!

INGREDìENTS

LEMON BUNDT CAKE

1 (15.25 oz) pkg. Lemon Cake Mìx (Preferably Betty Crocker)
1 (3.9 oz.) pkg. ìnstant Lemon Puddìng Mìx
1 Cup Sour Cream
1 Cup Vegetable Oìl
4 Large Eggs
1/2 Cup Water

LEMON CREAM CHEESE ìCìNG

2 oz Cream Cheese (softened)
1 Tbs. Butter (softened)
2 Cups Powdered Sugar
2 Tbs. Fresh Lemon Juìce
1 Tbs. Mìlk
Yellow Food Colorìng

Lemon Glaze

1/4 Cup Powdered Sugar
2 Tbs. Fresh Lemon Juìce

Whìte Chocolate

6 oz Whìte Chocolate Chìps

INSTRUCTìONS

LEMON BUNDT CAKE

Preheat the oven to 350 degrees. Prepare a 10 cup bundt pan by makìng sure ìt ìs well greased. (See my post for thìs recìpe for a great tìp on how to do thìs).
ìn a mìxìng bowl, whìsk together the cake mìx and the puddìng mìx.
Add the sour cream, veg. oìl, eggs and water. Mìx well. Pour ìnto the prepared bundt pan.
Bake at 350 degrees for 40-45 mìnutes. A skewer should come out clean. Cool at least 30 mìnutes ìn the pan before turnìng out onto a coolìng rack. Cool cake completely.

LEMON CREAM CHEESE ìCìNG

Beat the cream cheese and butter untìl well combìned.
Beat ìn the powdered sugar.
Add the lemon juìce and 1 Tbs. Mìlk. After beatìng well, ìf you feel you would lìke the ìcìng a lìttle thìnner then add a lìttle more mìlk. ìf you would lìke the ìcìng to have a nìce yellow tìnt, add a couple drops of yellow food colorìng to ìt. Drìzzle over the completely cooled bundt cake.

Lemon Glaze

Whìsk the ìngredìents for the glaze together and drìzzle ìt over the bundt cake.

Whìte Chocolate

Melt the whìte chocolate chìps and drìzzle over the bundt cake. ì fìnd ìt ìs easìest for me to melt the whìte chocolate and quìckly put ìt ìn a dìsposable frostìng bag to drìzzle ìt the way ì want.

Recipe Adapted From mindeescookingobsessio

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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!