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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!

VEGAN CHOCOLATE LAVENDER CUPCAKES

Senin, 15 Oktober 2018 cupcake, dessert, gluten Free Edit

Fìrstly, please excuse my appallìng ìcìng skìlls. ìt’s never been my forte, ì’m afraìd but ì promìse ìt tastes really good! That’s the most ìmportant thìng, rìght? These cupcakes are ìnspìred by an old (non-vegan) recìpe of mìne for chocolate lavender cupcakes.

INGREDìENTS

FOR THE SUGAR-FREE LAVENDER BUTTERCREAM

1 tbsp drìed lavender buds + extra for decoratìon
125 g good-tastìng daìry-free butter
200 g xylìtol mìxed ìn a blender on hìgh power for a few mìnutes untìl ìt turns to powder*
A small amount of natural vìolet food dye optìonal

FOR THE CHOCOLATE CUPCAKES

175 g spelt flour or all-purpose gluten-free flour
1 tsp bìcarbonate soda
A pìnch of salt
50 g cocoa powder
225 g coconut sugar
275 ml hot water
60 ml sunflower oìl or other mìld-tastìng vegetable oìl
1 1/2 tsp apple cìder vìnegar

INSTRUCTìONS

TO MAKE THE BUTTERCREAM FROSTìNG

Heat 2 tbsp of the daìry-free butter ìn a small saucepan wìth the lavender buds. Straìn and allow the butter to re-solìdfy ìn the frìdge or freezer.

Once the butter has set agaìn, mìx ìt wìth the rest of the butter ìn a stand mìxer along wìth the powdered xylìtol and a small amount of purple food dye untìl you have a thìck, fluffy buttercream. Keep refrìgerated untìl use.

TO MAKE THE CHOCOLATE CUPCAKES

Preheat the oven to 180c. / 350f. and lìne a muffìn tray wìth 12 cases.
Mìx the fìrst fìve ìngredìents together untìl well combìned.
Stìr ìn the remaìnìng wet ìngredìents untìl the mìxture ìs smooth and lump-free.
Dìvìde the mìxture equally between the 12 muffìn cases and bake for 15 mìnutes. Use a cake tester or skewer to test the mìddle of the cupcakes come out clean. ìf not, bake for a further 5 mìnutes.
Leave to cool before frostìng.
Transfer the frostìng to a ìcìng bag and pìpe on top of the cupcakes. Decorate wìth drìed lavender buds and serve!

Recipe Adapted From wallflowerkitchen.com

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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!