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!


Hiiiii. Can we talk parties and cake?

Of course! When you have a fresh-out-of-the-oven, steaming spiced pear cake (bread), it’s like a must.

Two weeks ago I was given the opportunity to attend an AMAZING dinner with Spice Islands® Trading Company at the NYC Wine and Food Festival. The dinner was hosted by Dana Cowin, the editor of Food and Wine (um, hellllllo dream job) and filled with food from chefs Andrew Zimmern, John Besh, Jose Garces and Daniel Boulud (< major crush). Spice Islands Trading Company stocked the kitchen for the chefs and they created the most flavorful, unique meal experience. The food was… insane.

Guys, it was so, so good. The wine was plentiful and even the passed appetizers were over the top and just plain excellent. And it wasn’t one of those situations where there was SO much food that you couldn’t enjoy it all – it was somehow perfectly portioned and timed so that we wanted to devour every single bite. Is that best? (Or the worst? Ha.)

Let me give you a run down!

Apps were fabulous, but my favorite was this giant clam by Andrew Zimmern with shabu shabu flavors. I love when bites are served in a spoon like this – one and done. Or in this case, maybe three and done. But still! Easy to bite and not messy at all. And so freaking delicious.

To start, we had some gorgeous Ecuadorian ceviche served in this perfect shell. Holy cow. Wonderful and so much flavor. Then came some corn tortelli with blue crab, and that was probably my favorite dish from the actual dinner. But you know my corn obsession. Off theee charts. (!!!!)

The main courses were split between abalone with sticky rice (this presentation was so cool) and venison topped with foie gras and a bunch of fall flavors. Dream dinner, seriously.

For dessert, we had champagne and a poached pear wrapped in chocolate sponge cake (and filled with chocolate ganache – oh hi, I’m dead) and that’s where I got my inspiration for the recipe you’ll see here. Because I also have a not-so-secret obsession with pears.

Um, also, how adorable is that Spice Islands spice set up? I love the bulk spices in mason jars paired with the candles and wish I had some décor style to do something like this in my home for a party. I might just copy this exact photo some day. Probably.

So, Spice Islands Trading Company has been around for.ev.ER. (sandlot style) and I know this because when my mom saw the collection sitting on my counter, she was all “OMG we always ONLY used Beau Monde® in our dips in college.” My mom has the best college stories, by the way. I mean, it was the 70s and she was in music school. So take from that what you will. But I love that they only choose their spices from the best sources, offer organic versions and harvest at the peak freshness so they taste absolutely amazing. They’ve been around for over 70 years and produce the most authentic flavors.

(P.S. I’m kind of obsessed with their Carne Asada Seasoning annnd their Chimichurri Seasoning!! I have never seen a dried version of chimichurri and I am majorly hooked. I’ve been putting it on everything from eggs to crockpot pulled pork to avocado toast and it’s so awesome.)

To celebrate and this super fun event, I wanted to make something delicious with all of the spices I was gifted. Something autumnal (obvs), spiced and filled with the fruit that often gets ignored come fall – pears! Everyone, including me, goes wild over apples but I hate overlooking pears because I love ‘em. When they are perfectly ripe, they can’t be beat. And fun fact, my husband only likes firm and unripe pears. Ew, right? Whyyyy.

See also: where did he come from?

I made a spiced bread filled with the Spice Islands Ground Saigon Cinnamon (the best!), Ground Ginger and Ground Cardamom. Like fall in a loaf! And seriously, even though it’s a bread, we all know that it’s reeeeeeally a cake disguised as a bread. Right? Like banana bread. We call it bread but it’s totally cake and that makes it acceptable to eat for breakfast, at snacktime and at lunch dessert. Yes, lunch dessert. Totally a thing. Should always be a thing.

While the cake masquerading as bread is off the charts good, it’s the caramel fresh pears on the bottom (and subsequently, the top) of the bread that MAKE it. So soft and sweet and juicy and caramelized and everything I want in life forever.



total time: 2 HOURS


1/4 cup unsalted butter
2/3 cup brown sugar
2 pears, peeled, cored and sliced
2 cups all-purpose flour
1 teaspoon Spice Islands Ground Saigon Cinnamon
1 teaspoon baking soda
1/2 teaspoon baking powder
1/2 teaspoon Spice Islands Ground Ginger
1/4 teaspoon Spice Islands Ground Cardamom
1/4 teaspoon salt
1/8 teaspoon freshly grated Spice Islands Whole Nutmeg
1 1/2 cups loosely packed brown sugar
1/2 cup unsalted butter, melted
1/4 cup vegetable oil
2 large eggs, lightly beaten
2 teaspoons vanilla extract
1 pear, peeled and grated


Preheat the oven to 325 degrees F. Spray a 9×5 inch loaf pan with nonstick spray liberally.

Heat a skillet over medium heat and add the butter. Once it’s melted, stir in the brown sugar. Add the pears and toss once or twice to coat. Cook for 1 to 2 minutes, just until the pears slightly soften. Place the pears in the bottom of the loaf pan, spooning all of the butter and sugar mixture overtop. Let it sit at room temperature for 10 minutes or so until it cools a bit.

In a bowl, whisk together the flour, cinnamon, baking soda, powder, ginger, cardamom, salt and nutmeg. In a larger bowl, whisk together the melted butter, oil and sugar until smooth. Whisk in each egg one at a time until combined. Whisk in the vanilla extra. All the dry ingredients to the wet and stir with a large spoon until just combined. Fold in the grated pear. Spoon the batter overtop of the pears in the loaf pan. Place the loaf pan on a baking sheet. Bake for 65 to 75 minutes, or until the bread is set. Let cool for 15 to 20 minutes, then gently invert onto a cutting board or piece of parchment. Let cool completely before slicing.


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