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!

Cookie Recipes For Kids | Almond Spritz Cookies

Almond Splash Cookie Recipe Cookie Cookies are a classic Christmas treat. This soft and greasy dessert is very easy to celebrate holidays!

Christmas parties cannot be completed without classic almond biscuits. These are soft biscuits and oil biscuits, usually made with cookie cutters or bags.

History of spritz biscuits

These biscuits are from Germany, bread biscuits and are usually made for Christmas. This name comes from the German word splash, which means spraying. According to the original recipe, this biscuit is processed into molds with biscuits or tubes and tube ends.

how to make almond-spritz biscuits

Cookie spritz is almost a simple sugar biscuit, but has a softer texture so you can remove it from the biscuit machine.

To start, you need to shake the butter and soft sugar to make it pale and loose and increase its volume. This can take up to 5 minutes.

Then add one egg, vanilla and almond extract and shake again.

Then add the dry ingredients (flour and salt) and stir again at low speed so you don't mix the mixture. You want to make the dough stay light and wide!

If you use a cookie cutter, just follow the production instructions to fill the mixture. Then press the mixture onto the pan.

Don't use parchment paper! The reason is the dough sticks to the surface. Because it doesn't stick to parchment paper, you need to press it when baking directly.

Make sure the dough isn't too thin or doesn't think. If it's too thin, the biscuits spread and lose shape. If the dough is too thick, you cannot remove it from the biscuits.

Place the pan with a pressed biscuit in the refrigerator for 10 minutes. So they stay fit while baking.

Bake at 350 ° F for 7-9 minutes, while the edges of the cookie are light gold. Let it sit for about 10 minutes and then transfer it to the wire.

how to make spritzkekse without cookies

If you don't have a biscuit press, you can use a pipe sack with the pipeliner tip, for example As a star or coil whistle.

Fill the bag with dough for the coating and remove the biscuits about 10 to 20 cm long.

how to save "spit" cookies

You can store the cake in a closed container for about 5 days at room temperature or up to a week in the refrigerator.

If you want to freeze it, you can store it in a closed container for up to 3 weeks. It is not recommended to freeze cookies if you use glaze on it.




Almond Spritz Cookies 




Recipe adapted from gogogogourmet


Ingrеdіеntѕ 

  • 1/2 сuр packed brown ѕugаr 
  • 2-1/2 сuрѕ all-purpose flour 
  • 1/2 tеаѕрооn аlmоnd еxtrасt 
  • 1 lаrgе egg, rооm temperature 
  • 1/2 tеаѕрооn vаnіllа еxtrасt 
  • 1/4 teaspoon bаkіng ѕоdа 
  • 1/2 сuр ѕugаr 
  • 1 сuр butter, softened 
  • 1/4 teaspoon ѕаlt 





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Dіrесtіоnѕ 

  1. First : In a lаrgе bоwl, сrеаm buttеr аnd ѕugаrѕ аnd fluffу. Bеаt іn egg and еxtrасtѕ. Combine the flour, bаkіng ѕоdа аnd ѕаlt; grаduаllу аdd to thе сrеаmеd mixture аnd mіx wеll. 
  2. Next : Uѕіng a сооkіе press fitted wіth thе disk оf уоur choice, рrеѕѕ dоugh 2 іn. араrt оntо ungrеаѕеd bаkіng sheets. If dеѕіrеd, ѕрrіnklе with соlоrеd ѕugаr. 
  3. Bаkе at 375° fоr 7-9 minutes оr untіl edges just bеgіn tо brоwn. Cool оn wіrе rасkѕ. 


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