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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!

JOY FROM BLUEBERRY SWEET ROLLS

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Blueberry Sweet Rolls make Mother’s Day something truly special. They’re light and sweet, with a fantastic crunch from Fisher’s sliced almonds.





Most people would probably pair almonds with cherries, and you can totally do that, but I think combining them with sweet blueberry preserves is the way to go. Blueberries and almonds are definitely a match made in baked good heaven.

BLUEBERRY SWEET ROLLS RECIPE




INGREDIENTS:
For the Dough:
  • 4-1/2 to 5 cups all-purpose flour, divided
  • 1/3 cup granulated sugar
  • 2 packets rapid rise yeast (approx. 2 1/4 teaspoons per packet)
  • 1 teaspoon salt
  • 1-1/2 cups water
  • 6 tablespoons butter
  • 1 egg
For the Filling:
  • 1 cup blueberry preserves
  • 1 cup fresh blueberries
  • 2 tablespoons butter, melted
For the Frosting:
  • 2-1/2 cups powdered sugar
  • 2 tablespoons butter, softened
  • 2 to 3 tablespoons all natural vanilla coffee creamer
For Topping:
  • 1/2 cup Fisher Nuts Sliced Almonds,  divided
DIRECTIONS:

To Make the Dough:
  • In the bowl of a stand mixer, add 2 cups of the all-purpose flour, sugar, yeast, and salt. Mix well with the dough hook until all the ingredients are well distributed.
  • While they’re mixing, place water and butter together in a microwave safe measuring cup, and microwave in 10 second increments until very warm, but not hot to the touch. (120-130°F maximum. The butter won’t be entirely melted.)
  • Add the butter mixture and egg to the dry ingredients.
  • Mix for about two minutes at medium speed with the dough hook, scraping the sides occasionally.
  • Add 1 cup of flour and mix for another two minutes at high speed, scraping the bowl occasionally.
  • From here, add flour in small increments and mix after each addition. Stop adding flour when you have a supple dough that can be formed into a ball.
  • Flour your work surface and knead the dough for 5-10 minutes – when the dough is soft, elastic, and springs back lightly when pressed with two fingers, you’re ready to let it rest.
  • Cover the dough ball with a clean kitchen towel and let it rest for 10 minutes.
To Make the Filling:
  • In a small mixing bowl, combine blueberry preserves and fresh blueberries.
  • Mix well, but gently so as not to break the fresh blueberries. Set aside.
  • To Assemble the Rolls:
  • Lightly flour your work area. Using a rolling pin, roll the dough into a large rectangle – about 10×15 inches.
  • Use a pastry brush to brush the melted butter onto the dough, stopping about an inch from the edges on the long sides of the rectangle.
  • Spread the blueberry mixture over the dough in the same areas as the butter, using a spoon to evenly distribute. Be gentle so as not to burst the fresh blueberries.
  • Begin with the long end of the rectangle, roll the dough up tightly but gently. Pinch the seams to seal.
  • Cut into 12 equally sized rolls.
  • Spray a 13×9 baking pan with cooking spray (I use the kind with flour in it), and then placing the cut sides down, put all the rolls into the pan. They will be cozy.
  • Cover with a clean kitchen towel; let rise in warm place until about doubled in size, approximately 1 hour.
  • Preheat the oven to 350ºF.
  • Top the rolls with 1/4 cup of almonds and bake for 25-30 minutes, or until the rolls are golden brown. Allow to cool on a wire rack for 15-20 minutes.
  • While the rolls are cooling, make the frosting.
To Make the Frosting:
  • In a mixing bowl, combine powdered sugar, butter and 2 tablespoons of creamer.
  • Mix well with a whisk until a glaze forms. If you’d prefer a more liquid texture, add more vanilla creamer 1 teaspoon at a time and whisk again until you reached the desired consistency. 
To Finish:
  • Pour the frosting over the rolls. When you’ve covered them to your desired amount, top with the remaining sliced almonds.
  • Serve immediately.

NOTES:
You can substitute the vanilla coffee creamer in the frosting for 2 tablespoons of milk and 1 teaspoon pure vanilla extract.
Slicing the dough into individual rolls can be a little messy, if a few blueberries pop out, just gently push them back into the rolls.

Recipe Adapted : BLUEBERRY SWEET ROLLS @ mybakingaddiction

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