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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!

Chocolate Salted Caramel Tart

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This chocolate caramel tart is absolutely amazing. A buttery almond crust, gooey salted caramel and bittersweet chocolate ganache, all garnished with salted crystals. Chocolaty, rich and buttery, I fell in love with it from the first bite. Love the salt crystals as they don't melt immediately and let your taste buds experience the sweet, the salty and the bitter in the same time.
This is the second time I make this tart and I find it a fabulous dessert, totally irresistible. A suitable dessert for any special occasion and everybody will be more than delighted.
Don't be afraid to give it a try, it is not a difficult recipe. The most difficult part is to wait for it to set so you can finally enjoy it.
The combination between sweet and salty has become one of my favorites. I've been used this chocolate and salted caramel combination in many of my recipes like these Chocolate Macarons with Salted Caramel and Flourless Chocolate Cake with Salted Caramel Mousse. All these recipes are simply divine. Wish you will try each of these recipes as they all worth all the effort involved.

Ingredients print
Makes about 6-8 servings
Almond Chocolate Sweet Pastry
  • 1 1/4 cups (160g) flour
  • 1/4 cup (30g) ground almonds
  • 1/4 cup (30g) unsweetened cocoa powder
  • 1/4 cup (50g) sugar
  • 1/4 tsp salt
  • 1 stick (110 g) cold unsalted butter, cut into small (1/2-inch) cubes
  • 1 tsp vanilla extract
  • 1 egg
  • 1-2 tbsp ice water

Caramel
  • 1 1/2 cups (300 g) sugar
  • 1/2 cup water
  • 1/2 cup (120 g) heavy cream
  • 5 tbsp (70 g) unsalted butter
  • 1 tsp salt

Chocolate Ganache
  • 1/2 cup (120 g) heavy cream
  • 4 oz (120g) bittersweet chocolate, chopped
  • Garnish
  • sea salt crystals

Directions:
  1. Prepare the sweet pastry. In a large bowl mix flour with ground almonds, cocoa powder, sugar and salt. 
  2. Chocolate Caramel Tart step 1Chocolate Caramel Tart step 2Chocolate Caramel Tart step 3Chocolate Caramel Tart step 4 Incorporate butter to the flour mixture, using a pastry blender, a fork or a pastry processor, until crumbs are formed. Add the egg and vanilla extract and mix them in. Add water and incorporate into the dough. Wrap it with plastic, knead slowly to form a disc and refrigerate for at least 30 minutes or overnight.
  3. Chocolate Caramel Tart step 5Chocolate Caramel Tart step 6Chocolate Caramel Tart step 7Chocolate Caramel Tart step 8Chocolate Caramel Tart step 9Chocolate Caramel Tart step 10 On o floured surface or over the plastic wrap roll the dough to a circle with about 1 1/2 inches larger than your tart pan. Lift up the rolled dough and place it on a greased 9 inch tart pan. Remove the edges and refrigerate for 30 minutes before baking.
  4. Chocolate Caramel Tart step 11Chocolate Caramel Tart step 12Chocolate Caramel Tart step 13Chocolate Caramel Tart step 14Chocolate Caramel Tart step 15Chocolate Caramel Tart step 16 Prick the dough with a fork, line a parchment paper over the dough. Fill with dry beans, rice or pie weights.
  5. Chocolate Caramel Tart step 17Chocolate Caramel Tart step 18 Bake for 15 minutes in preheated 350 F (180C) oven. Remove the weights and the parchment paper. Return to oven for another 10 to 15 minutes. Allow to cool before removing from the tart pan.
  6. Chocolate Caramel Tart step 19Chocolate Caramel Tart step 20 Prepare the caramel.  Place the sugar and water in a medium heavy bottomed saucepan over medium-high heat, and cook without stirring until sugar dissolves and gets a caramel color.
  7. Chocolate Caramel Tart step 21Chocolate Caramel Tart step 22 Remove the pan from the heat and add the cream. It will bubble a little bit.
  8. Chocolate Caramel Tart step 23Chocolate Caramel Tart step 24 Cook for about 1 or 2 minutes stirring constantly with a wooden spoon until smooth. Remove from heat and add butter and salt. Stir well until smooth.
  9. Chocolate Caramel Tart step 25Chocolate Caramel Tart step 26 Let the caramel cool slightly and pour over the chocolate crust. Refrigerate for about 4-5 hours.
  10. Chocolate Caramel Tart step 27Chocolate Caramel Tart step 28 Prepare the chocolate ganache. Heat the cream in a small saucepan. When the cream just begins to boil at the edges, remove from heat and pour over the chopped chocolate. Let sit one minute, then stir until smooth.
  11. Chocolate Caramel Tart step 29Chocolate Caramel Tart step 30Chocolate Caramel Tart step 31Chocolate Caramel Tart step 32 Pour the chocolate ganache over the caramel. Spread it evenly and refrigerate for another 2-3 hours before serving. Sprinkle with sea salt flakes and serve.
  12. Chocolate Caramel Tart step 33Chocolate Caramel Tart step 34

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