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!

21 Day Fix Brownie-Bottom Cheesecake with Raspberry Sauce

This healthy, 21 Day Fix Brownie-Bottom Cheesecake is the perfect make-ahead dessert for any holiday. The sweet-tart raspberry sauce puts the whole thing over the top!

You guys. This. Cheesecake. Is. Ridiculous.

Normally I like to start off my posts with letting you know what’s going on with me lately (or as of late apologizing for not posting more often – ugh, summer, I love you, but you keep me busy!) – but NOT today. Nope. I just can’t wait to tell you aaall about this awesomeness.

Basically these brownies and this cheesecake hooked up and made a creamy, chocolate-y baby with raspberry sauce. Or something like that.

Tastiest baby mash-up ever.

So you don’t think this is a legitimate word? As the spelling bee champion of Lyon Platt Elementary School’s third grade class, let’s agree to disagree. 😉

** See bottom of post for some ideas on what to do with your leftover pumpkin puree!

If you make this recipe be sure to snap a pic and tag me @thefoodieandthefix or use #thefoodieandthefix on Instagram so I can check it out! It makes me ridiculously happy to see what you guys are making 🙂

Ingredients
Brownie Bottom:
  • 2 Tbs coconut oil 
  • 3 Tbs semisweet mini chocolate chips 
  • 1/3 cup pumpkin puree
  • 2 Tbs mashed banana 
  • 1/2 tsp pure vanilla extract
  • 1 large egg
  • 3 Tbs raw sugar 
  • 1/2 tsp baking powder
  • 1/8 tsp salt
  • 2 1/2 Tbs unsweetened cocoa powder
  • 1/4 tsp instant coffee granules 
  • 1/4 cup whole wheat pastry flour (I haven't tested this with any other flours, just fyi) 

Cheesecake Filling:
  • 2 cups low-fat cottage cheese
  • 1/2 cup 1% or non-fat plain Greek yogurt
  • 2 large eggs 
  • 3 tbs raw sugar - 9 tsp sugar
  • 3 tbs whole wheat pastry flour
  • 1 tsp vanilla extract

Raspberry Sauce:
  • 10 oz frozen raspberries (no sugar/sweetener added)
  • 2 Tbs raw sugar
  • 1 Tbs cornstarch
  • 1/3 cup water

Instructions
Make the brownie bottom:
  1. Preheat your oven to 350 degrees, spray an 8 inch spring form pan with olive oil or coconut oil cooking spray and set aside.
  2. In a small bowl, melt together the coconut oil and chocolate chips, set aside.
  3. In a large bowl, whisk together all ingredients through the coffee granules (it's ok if it's not completely smooth). Next whisk in the melted chocolate chip mixture and the whole wheat pastry flour, until just combined.
  4. Pour into prepared baking dish and bake for 10 - 12 minutes or until a toothpick in the center comes out clean. Keep a close eye so it doesn't over-bake. Let cool while you make the cheesecake filling (leave the oven on!)
Cheesecake:
  1. Add cottage cheese and yogurt into a blender and blend away until the mixture is completely smooth. Add the rest of the ingredients to the blender. Process until smooth and fully combined, then pour on top of your brownie bottom.
  2. Bake for 20 - 25 minutes or until the sides start to pull away from the pan and the top looks dry. If you gently shake the pan, you should get a little movement towards the center. If everything is sloshing around, stick it back in the oven, checking it every few minutes, until there is only a little movement towards the center (if there's no movement at all in the middle, you've overcooked it!)
  3. Pull out of the oven and let cool completely before refrigerating for several hours or overnight (I always just do mine overnight, so I'm not exactly sure how long it takes to set, but I would think a good 3 or 4 hours would do the trick.) After the cheesecake has set, cut into 8 slices and serve with the raspberry sauce.
  4. Raspberry Sauce:
  5. In a medium pot over medium heat, add all ingredients, stirring occasionally until the berries disintegrate, sauce comes to a bubble and thickens. Pour the mixture into a fine mesh strainer to remove the seeds if desired. Cool and refrigerate until ready to serve with the cheesecake (or pancakes, nice cream or a spoon!)
Notes
21 Day Fix Container Equivalents per Serving: 1/2 Red, 1/2 Yellow, 1 tsp, 3 tsp sugar (2 tsp without raspberry topping)


Source:thefoodieandthefix.com

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