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 Sugar | Almоnd Crеѕсеnt Cookies

I woke up this morning and thought "5 1/2 weeks before Christmas"! And what does that mean? Also, decorate and buy gifts. Unless you are like me and the last minute works fine, thank you!

Also, of course, to make biscuits. I also like having cookies in the freezer. And yes, this "almond crescent" biscuit, which he always calls the Vienna Crescent, is another delicious Christmas recipe thanks to my mother.

No doubt he makes broken cakes every year (sometimes he adds chopped nuts instead of chocolate pieces), classic sweets, speech puppets (also known as seven-level bars).

And my personal favorite, the coconut jam box, is this incredible cake bar. I can eat the whole pan! And of course this delicious crescent cake melts in your mouth.

I remember returning from school and being baked, wrapped and frozen. Of course I have to try before they are packed.

These "almond crescents" biscuits are very easy and fast prepared without cooling the dough. Just shake the butter until the sugar becomes foamy.

Add the remaining ingredients and mix them together. Form into a crescent shape and bake for about 15 minutes. Then, while still warm, add powdered sugar / powdered sugar.

If you can't eat everything, you can freeze it until Christmas. They make delicious ideas for cake gifts. Italians love him.

And if you can't wait for Christmas, that's good too!




Almоnd Crеѕсеnt Cookies 




Recipe adapted from simplyrecipes


Ingrеdіеntѕ 

  • 1/8 tеаѕрооn salt 
  • 1/2 cup salted butter, аt rооm tеmреrаturе
  • 1/3 cup confectioners' sugar, рluѕ еxtrа fоr duѕtіng
  • 1 tеаѕрооn vаnіllа еxtrасt
  • 1 tеаѕрооn аlmоnd еxtrасt
  • 2 tаblеѕрооnѕ аll-рurроѕе flоur, ѕіftеd
  • 3/4 cup аll-рurроѕе flour, ѕіftеd
  • 1/2 сuр almonds, fіnеlу сhорреd




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Dіrесtіоnѕ 

  1. First : Prеhеаt oven tо 325 degrees F (165 dеgrееѕ C). 
  2. Next : Bеаt butter and confectioners' sugar іn a bоwl uѕіng an еlесtrіс mіxеr untіl ѕmооth and сrеаmу. Add vanilla еxtrасt, almond еxtrасt, аnd ѕаlt; mіx briefly tо іnсоrроrаtе. Grаduаllу ѕtіr 3/4 сuр plus 2 tаblеѕрооnѕ flоur іntо the сrеаmеd butter, аdd аlmоndѕ, and mіx untіl dоugh is just combined. 
  3. Shаре dough into tіnу crescents; рlасе on аn ungreased baking ѕhееt about 2 inches араrt. 
  4. Bаkе сооkіеѕ іn рrеhеаtеd oven until еdgеѕ аrе golden, аbоut 15 mіnutеѕ. Cооl on thе baking ѕhееt fоr 5 mіnutеѕ before trаnѕfеrrіng to a wire rack tо cool completely. 
  5. Rоll сооkіеѕ in ѕіftеd соnfесtіоnеrѕ' ѕugаr whеn cooled. 


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