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!

Melting Sweet Potatoes with Maple-Pecan Sauce


Melting sweet potatoes with maple-pecan sauce.

Melting Sweet Potatoes for Thanksgiving

Hey friends! I’m re-sharing this Melting Sweet Potato recipe, because we’re getting close to Thanksgiving! If you’ve made these before, you know how good they are. If not, (welcome from Pinterest), pull up a chair and get ready to eat the best damn sweet potatoes you’ve ever had. And don’t miss the new video below with step-by-step instructions!
The business of making a starch melt in your mouth is actually quite simple. The only technique required is roasting in the oven with butter. A long time ago, we stopped drizzling things with melted butter before roasting in the oven. Also a long time ago, oven fries died.
I’m not sure when oil became the only acceptable thing with which to roast, but its heyday has come and gone in my kitchen.
I love neutral oils as much as the next chick, but golden brown and crispy, it does not make my starches. I’m back to the butter. Also back: my fat jeans.
That said, the first time I made these melting sweet potatoes, 4 smoke alarms were going off in my house on two different levels. Yikes. The classic melting potato recipe calls for cranking the oven to 500 and cooking in a glass pan.
But with the fire department on its way, a sleeping babe woken from a nap, and two barking dogs, I cursed that recipe with all I have.
Melting potato recipe
It took me a few weeks to get over the incident and try again. Not to mention I’d wasted 3 pounds of the first of the season’s local sweet potatoes. They were like little lumps in the coal in the trash can, and it bothered me deeply.
When I finally tried again, I lowered the oven, grabbed my trusty roasting pan (why a roasting pan wouldn’t be used for roasting is escaping me), and I set to work.
The results were so good, I made them 3 times in one week. The texture of the sweet potatoes indeed is like velvet. Exactly as it should be. I love these melting sweet potatoes so much. We’ve eaten them every which-way possible: as a side dish at dinner, on top of Buddha bowls for lunch, and with fried eggs for breakfast. Yes, they are that good.
And we haven’t even talked about the sauce. I made a wet pecan sauce to top them for your Thanksgiving festivities. It’s entirely optional, but when you see that it only has 2 ingredients and comes together in 7 minutes, you won’t be one to opt out.
Ingredients
  • 2 pounds of sweet potatoes
  • 4 tablespoons of unsalted butter
  • 1/2 teaspoon salt
  • For the maple pecan sauce:
  • 1/2 cup maple syrup
  • 1/2 cup chopped pecans
Instructions
  1. Preheat the oven to 425. Have ready a roasting pan.
  2. Peel and slice the sweet potatoes into 1" thick slices, and scatter them on the roasting pan, not touching.
  3. Melt the butter, and drizzle it on top of the sweet potatoes. Sprinkle on the salt. Toss to coat, and then redistribute on the pan in a single layer, not touching.
  4. Roast for 20 minutes.
  5. Flip with tongs, and roast for another 20 minutes.
  6. The potatoes are done when they're golden brown and crisp, and the insides are light and fluffy.
  7. To make the maple pecan sauce: bring the maple syrup to a boil in a small sauce pan.
  8. Add the pecans.
  9. Wait for the sauce to come back to a boil, cook for 1 minute, and then remove from heat.
  10. Pour the sauce over the sweet potatoes and serve.
all image & recipes adapted by www.dessertfortwo.com

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