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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!

15 Minutes Churro Sticks

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15 Minutes Churro Sticks – easy, crispy sticks made with puff pastry, rolled in melted butter and coated with cinnamon-sugar mixture, served with warm chocolate dipping sauce . It sounds like visit to Disneyland and eating your favorite, number one treat – Churros.

15 Minutes Churro Sticks – easy, crispy sticks made with puff pastry, rolled in melted butter and coated with cinnamon-sugar mixture, served with warm chocolate dipping sauce

I just LOVE, LOVE how simple and easy they are to make. You will need 15-20 minutes top to make this amazing snack. You’ll just have to wait half an hour to thaw your puff pastry, and then in no time crispy Churro Sticks will be on the table.
I’m a huge fun of Churros but squeezing dough into a pot of boiling oil and then fishing each one before it become too brown, doesn’t sound like a lot of fun, at least for me. So when I saw this simple way to make churros at home using puff pastry and baking them in the oven instead frying in hot oil, I had to try it. Why have I never thought to use puff pastry to make Churros before, it’s such a great idea?!
15 Minutes Churro Sticks – easy, crispy sticks made with puff pastry, rolled in melted butter and coated with cinnamon-sugar mixture, served with warm chocolate dipping sauce

When the puff pastry is thawed you’ll have to cut it in the strips, place onto baking sheet, bake for 10 minutes, then roll them into melted butter and coat with cinnamon sugar mixture. Churro simply isn’t churro without crispy cinnamon sugar coating, right?! And the best thing about this recipe is that YOU JUST CAN’T MEES UP these Churro Sticks. They can’t be easier to put together.
These Churro Sticks are baked, so they are much lighter version than classic churros fried in hot oil. I served them with warm chocolate dipping sauce made with dark chocolate and heavy cream. The sauce is also really easy to make. Just warm the cream and pour it over chopped chocolate, let it sit for a minute and stir to combine and become smooth and shiny. Only problem about this chocolate sauce is that it will thicken as it cooled so you have to serve it immediately. And these churro sticks is so yummy, it will hardly be able to survive a long time. They will disappear as soon as you put them on the table.
15 Minutes Churro Sticks – easy, crispy sticks made with puff pastry, rolled in melted butter and coated with cinnamon-sugar mixture, served with warm chocolate dipping sauce

Churro Sticks are the best to serve as soon as they made but they are also just fine next day, just store them in an airtight container at the room temperature. You can also reheat the leftovers of chocolate sauce (if you have any) and use it next day.
15 Minutes Churro Sticks – easy, crispy sticks made with puff pastry, rolled in melted butter and coated with cinnamon-sugar mixture, served with warm chocolate dipping sauce

Ingredients

  • 1 puff pastry sheet-thawed
  • 1 cup granulated sugar
  • 4 teaspoon ground cinnamon
  • 1/2 cup unsalted butter-melted
  • 3.5 ounces dark chocolate- chopped
  • 1/2 cup heavy cream

Instructions

  1. Preheat oven to 450 F and line cookie sheet with parchment paper (or spray with cooking spray)
  2. Unfold the puff pastry and cut it in half (lengthwise), then cut into strips (less than 1 inch wide)
  3. Gently transfer the strips onto baking sheets and bake 8 to 10 minutes(until golden brown)
  4. While the churros are baking melt the butter and set aside.
  5. Combine cinnamon and sugar and set aside.
  6. While they are still warm, roll baked churro sticks into melted butter ( don’t soak them, just coat all the sides) then roll in the cinnamon sugar mixture. Roll and dip one stick at the time.
  7. To make the sauce pour hot heavy cream over chopped chocolate, let it sit for one minute, then stir until smooth. (The sauce will thicken as it cools, make it right before you’re ready to serve it )
RECIPES ADAPTED BY omgchocolatedesserts.com

15 Minutes Churro Sticks – easy, crispy sticks made with puff pastry, rolled in melted butter and coated with cinnamon-sugar mixture, served with warm chocolate dipping sauce

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