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!

BLUEBERRY AND WHITE CHOCOLATE CHEESECAKE RICE KRISPIE TREATS

So I really wanted to make Blueberry White Chocolate Rice Krispie Treats but I also really wanted to make Blueberry White Chocolate Cheesecake, so I decided not to sacrifice any wants (AKA any deliciousness) and make them both.  So we are blessed with no bake Blueberry White Chocolate Cheesecake Rice Krispie Treats!

I got the idea of glamming up good ol’ rice krispie treats after I devoured my package of gluten free LUNA bars, including their new Chocolate Cupcake – OMY – that was shipped to my door.    In fact all of LUNA bars are now gluten free! (You can check out all their delicious flavors here)  I was supposed to save the bars so they could be in some of these pics, but I had no self control.  I ate them all  – and surprisingly didn’t feel bad about it because they are low glycemic, don’t contain any artificial flavors and under 200 calories – but then I realized I needed them for the post and then almost felt bad about eating them all and then remembered how good they were and immediately bought more.  No regrets.

INGREDIENTS
Rice Krispie Layer
  • 1/4 cup salted butter
  • 1  10.5 oz pkg. mini marshmallows
  • 1/2 cup white chocolate chips
  • 4 1/2 cups GLUTEN FREE Rice Krispie cereal or generic brand

White chocolate Cheesecake Layer
  • 1 8 oz. pkg. cream cheese, softened
  • 1/2 cup sour cream
  • 1 tablespoon lemon juice
  • 1 teaspoon vanilla extract
  • 1 cup Powdered sugar
  • 4 oz. white baking chocolate, melted and slightly cooled
  • dash of salt
  • 1 1/4 oz. packet unflavored powdered gelatin**
  • 2 tablespoons water

Fresh Blueberry Sauce
  • 1/2 cup freshly squeezed  orange juice (approx. 3 oranges)
  • 2/3 cup granulated sugar
  • 1 tablespoon +1 teaspoon cornstarch
  • 3 6 oz.  half-pints fresh blueberries
  • 1/2 teaspoon vanilla extract
  • 3 tablespoons freshly squeezed lemon juice, divided
  • lemon zest from 1-2 lemons

Garnish (optional)
  • 1/3 cup white chocolate chips
  • 1 teaspoon shortening

INSTRUCTIONS
  1. Combine the gelatin with 2 tablespoons water in a small bowl and microwave 30 seconds, stir and set aside.
  2. Rice Krispies: Line a 9×13 inch pan with parchment paper long enough to come up the sides. Spray any exposed areas with nonstick cooking spray.
  3. Melt 1/4 cup butter in a large pot over medium low heat. Add marshmallows and 1/2 cup white chocolate chips and stir until completely melted. Remove from heat and stir in rice krispies a little at a time until cereal is completely coated then pour mixture into prepared pan. Spray hands with nonstick cooking spray and press cereal evenly down in pan. (it will be very sticky!)
  4. Cheesecake: Beat cream cheese on medium speed until smooth. Beat in sour cream, lemon juice and vanilla for 1 minute. Add melted chocolate, powdered sugar gelatin (stir gelatin first) and a dash of salt and beat 1-2 more minutes or until very smooth.
  5. Pour cheesecake over rice krispies and spread out evenly. Lightly cover with plastic wrap and refrigerate for 2 hours or until layer is set (The less time in the fridge the softer/better the rice krispie base.)
  6. Blueberry Sauce: Add 2 tablespoons lemon juice, orange juice, sugar, and cornstarch to a medium saucepan, whisk until cornstarch is dissolved and bring to a boil, stirring occasionally. Boil approximately 5 minutes, or until thickened then add blueberries and simmer 5-7 minutes or until a few berries have burst but most are still whole. Stir in 1 tablespoon lemon juice and lemon zest from 1 lemon. Taste to and add additional lemon zest if desired (I tend to like more zest). Chill in the refrigerator separate from the cheesecake/rice krispies.
  7. When cheesecake is set, you can either spoon chilled blueberry sauce over individual servings or over the entire cheesecake layer in the pan. The blueberry sauce keeps its form better if chilled a little after pouring over the entire pan.
  8. Optional: Melt 1/3 cup white chocolate chips with 1 teaspoon shortening in microwave at 50% power, stirring at 30 second intervals until melted. Stir chocolate and add additional shortening to thin if desired. Add melted chocolate to a plastic bag, snip the corner of the bag and drizzle chocolate over rice krispies.
  9. To cut, lift rice krispies out of the pan with the edges of the exposed parchment paper. Cut and serve.

RECIPE NOTES
*If you are making these gluten free, make sure your rice krispies specify GLUTEN FREE as not all are gluten free
**Usually can be found next to the Jell-O

Recipe Source:carlsbadcravings.com

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