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!

KETO PEANUT BUTTER & JELLY COOKIES

These keto peanut butter & jelly cookies are a quick and easy keto friendly version of the popular thumbprint cookies. They are sure to curve any craving for peanut butter and jelly you may have!

keto peanut butter and jelly cookies

KETO PEANUT BUTTER & JELLY COOKIES

For the last year we have been asked over and over for a cookie like this.  Well, here they are! We finally had a chance to create a way for you to enjoy peanut butter and jelly. The best thing about this recipe is that it can easily be customized.  If you don’t eat peanut butter , use almond butter. Don’t use erythritol, use Splenda.
Now, you may hear that this recipe ISN’T KETO because it uses peanuts, but let me try to clarify….  TECHNICALLY peanuts are a legume, not a nut and legumes are not allowed on the keto diet.  The main reason people say legumes are not “keto friendly” is the amount of carbs in them.
Peanuts are not high in carbs and can be an amazing source of fat and protein, so basically you have the choice of eating “strict keto” or enjoying some peanut butter. Which I do VERY often and have never had an issue with ketosis.  I use peanut butter as my way to cure cravings. Natural peanut butters contain around 3-5 NET carbs per serving.
Legumes are also not paleo, so if you are eating a paleo version of the keto diet use an alternate nut butter.
keto peanut butter and jelly cookies
Ok, with all that aside hopefully you have decided that peanut butter is ok for you on your keto journey and wish to continue! You won’t be disappointed.
These keto peanut butter & jelly cookies are quick, easy and use no flour. They are based off the 3 ingredient peanut butter cookie version and use sugar free jelly. These can be made in large batches and kept refrigerated or even frozen.
Think ahead to the holidays!  Were you eating the keto way last holiday season and couldn’t enjoy any of the amazing cookies? Especially those jam filled thumbprint kind?  You will be able to this year.
Watch this quick video to get an idea of how easy these are to make, the full recipe is listed below!

MAKING OUR KETO PEANUT BUTTER & JELLY COOKIES

keto peanut butter & jelly cookies
Preheat the oven.  Combine peanut butter, sweetener, eggs, vanilla and salt in a medium mixing bowl using an electric mixer.
keto peanut butter & jelly cookies
Roll cookie dough into 1″ balls then into chopped peanuts.
keto peanut butter & jelly cookies
Place on sheet pan, using the back of a measuring spoon, press down the middle and add a scoop of sugar free jelly.
keto peanut butter & jelly cookies
Bake, make the drizzle (listed in full recipe card below)
keto peanut butter & jelly cookies
ENJOY!
keto peanut butter & jelly cookies

Ingredients

  • 1 cup creamy peanut butter
  • 1/2 cup erythritol sweetener
  • 1 egg
  • ¼ teaspoon salt
  • ½ teaspoon vanilla extract
  • 1 cup chopped peanuts
  • 1/3 cup sugar free strawberry jam

Drizzle

  • 1/3 cup creamy peanut butter
  • 1 tablespoon almond milk
  • 2 tablespoons powdered sweetener

Instructions

  1. Preheat oven to 350 degrees. Line one large baking sheet with parchment paper or a silpat. (Or spray with non stick)
  2. In a medium-sized bowl, combine peanut butter, sweetener, egg, salt, and vanilla.
  3. Scoop dough into 1” balls. Roll dough balls in a small bowl of chopped peanuts. Transfer to prepared baking sheet 2” apart from one another.
  4. Using an ½ teaspoon make a well in the center of the ball. Fill well with jam.
  5. Bake cookies for 10-12 minutes or until edges begin to brown slightly. Cool on cookie sheet for 5 minutes then carefully transfer cooking to a cooling rack to cool completely.
  6. To make the drizzle, heat peanut butter and almond milk in a microwave safe dish for 30 seconds. Add powdered sweetener and whisk until smooth. Spoon PB drizzle into a small Ziploc bag and snip the corner. Drizzle or pipe onto cookies. Let sit for 20-30 minutes to set.

RECIPES ADAPTED BY howtothisandthat.com

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