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!

THE WORLD’S BEST PUMPKIN ROLL



This is the World’s Best Pumpkin Roll! It is a perfectly moist and tender thin pumpkin cake that gets rolled up with a sweet cream cheese filling and dusted with powdered sugar. This is the easiest recipe you will ever make!

If you love pumpkin rolls just as much as we do, you should also try these Pumpkin Roll Bars.

You GUYS. I am obsessed. This is my absolute favorite time of the year. Bring on all of the pumpkin desserts. I love pumpkin but I have a serious obsession with pumpkin and cream cheese desserts. Be sure to brace yourselves for some awesome pumpkin recipes that are coming right at ya. I made literally THEE best pumpkin cake with cream cheese frosting. And guess what? It was so good that the entire family ate it all before I could photograph it. So I am going to have to make it again just so you can have the awesome recipe as well.

But FIRST. Let’s kick off pumpkin season with my all time fave…. this pumpkin roll recipe.

Don’t Be Scared! Pumpkin Rolls are Easy!

I know a pumpkin roll can seem kind of intimating but they aren’t at all. If I can make a pumpkin roll, anyone can! I know that some methods of making a pumpkin roll include flipping it over on a dish towel with powdered sugar. But remember, we like EASY. So just keep the pumpkin roll on the parchment paper that it bakes on, and roll it up with that while it cools! Easy Peasy! Then when it is cool, simply unroll it, frost it, and roll it back up peeling the parchment paper off as you roll it. Here, let me show you how easy it is to make!

How do you make a pumpkin roll?
Start by preheating your oven to 375 Degrees. In a large mixing bowl beat your eggs, sugar, cinnamon, nutmeg, and pumpkin puree. In a separate mixing bowl, mix together flour and baking soda. Add slowly to the wet ingredients and combine until smooth.
Line a 10×15 inch jelly roll pan with a sheet of parchment paper coming about 1 inch over the sides. Spread the mixture evenly on top of the parchment paper. Bake in the oven for 15-20 minutes.
Remove from the oven and allow to cool just enough to touch. Lift the cake out of the pan. Starting from the short ends, gently roll up the pumpkin cake with the parchment paper inside. Allow to cool completely on a wire rack.
Once it has cooled, prepare the cream cheese filling. Beat together the cream cheese, butter, and powdered sugar until smooth. Unroll the cake and spread on top leaving 1/4 inch edge so that the filling won’t spill out as you roll it up. Roll the pumpkin cake back up without the parchment paper. (I like to cover my pumpkin roll in plastic wrap and chill for at least an hour before I serve making the cuts cleaner.)
Dust with powdered sugar and serve. Can store in the fridge up to three days.

Tips and tricks for getting the perfect pumpkin roll
Line your jellyroll pan with parchment paper and leave a one inch overhang. This makes it easy for removal and rolling up your pumpkin roll.
Use the parchment paper for rolling your pumpkin roll. Let it cool completely on a wire rack.
When putting on the filling, leave an edge around the pumpkin cake so it doesn’t spill over when rolling it up.
To get the perfect cut, I like to chill my pumpkin roll for at least an hour or over night. This lets the filling set and a clean cut every time.
Dust your pumpkin roll with powdered sugar for the perfect finishing touch!
How long will a pumpkin roll last in the fridge?

A pumpkin roll will last up to three days in the refrigerator. Wrap the pumpkin roll tightly in plastic when storing.
Can I freeze a pumpkin roll?

Yes! A pumpkin roll can be frozen for at least a month. When ready to use, thaw for about an hour before cutting.

PREP TIME15 MINUTES
COOK TIME25 MINUTES
TOTAL TIME40 MINUTES
SERVINGS10

Ingredients

3 large eggs
1 cup white sugar
1 teaspoon cinnamon
1/4 teaspoon nutmeg
2/3 cup pumpkin puree
3/4 cup all purpose flour
1 teaspoon baking soda

Cream Cheese Filling:
8 ounces cream cheese softened
3 Tablespoons butter softened
1 cup powdered sugar plus extra for dusting

Instructions

Preheat your oven to 375 Degrees. In a large mixing bowl beat your eggs, sugar, cinnamon, nutmeg, and pumpkin puree. In a separate mixing bowl, mix together flour and baking soda. Add slowly to the wet ingredients and combine until smooth.
Line a 10x15 inch jelly roll pan with a sheet of parchment paper coming about 1 inch over the sides. Spread the mixture evenly on top of the parchment paper. Bake in the oven for 15-20 minutes.
Remove from the oven and allow to cool just enough to touch. Lift the cake out of the pan. Starting from the short ends, gently roll up the pumpkin cake with the parchment paper inside. Allow to cool completely on a wire rack.
Once it has cooled, prepare the cream cheese filling. Beat together the cream cheese, butter, and powdered sugar until smooth. Unroll the cake and spread on top leaving 1/4 inch edge so that the filling won't spill out as you roll it up. Roll the pumpkin cake back up without the parchment paper. (I like to cover my pumpkin roll in plastic wrap and chill for at least an hour before I serve making the cuts cleaner.)
Dust with powdered sugar before serving.

Recipe Notes

Once pumpkin roll is finished, I like to cover my pumpkin roll with plastic wrap and chill for at least an hour for cleaner cuts

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