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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!

PEANUT BUTTER & CHOCOLATE SCONES – LOW CARB AND GLUTEN-FREE

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Tender low carb scones full of peanut butter and chocolate chips and drizzled with a peanut butter and chocolate glaze. You don’t want to miss this for breakfast! Happy Chocolate & Peanut Butter Day!


I love me some peanut butter and chocolate together. And I seem to have created quite a number of recipes featuring this flavour combination over the past few months. In fact, when I caught wind of this little scheme and was invited to participate, I had quite literally just posted yet another low carb chocolate and peanut butter recipe and I was a bit tapped out.

Peanut Butter & Chocolate Scones – Low Carb and Gluten-Free Recipe
Tender low carb scones packed with peanut butter and chocolate flavor.



Ingredients
Scones:

  • 2 cups almond flour
  • 3/4 cup peanut flour
  • 1/2 cup Swerve Sweetener
  • 1 tbsp baking powder
  • 1/3 cup sugar-free chocolate chips
  • 1/2 cup creamy peanut butter
  • 1/4 cup butter
  • 2 large eggs
  • 2 tbsp cream
  • 1 tsp vanilla

Glaze:

  • 2 tbsp creamy peanut butter
  • 1 oz sugar-free dark chocolate

Instructions

  1. For the scones, preheat oven to 325F and line a baking sheet with parchment or a silicone mat.
  2. In a large bowl, whisk together almond flour, peanut flour, sweetener, and baking powder. Stir in chocolate chips.
  3. In a small microwave safe bowl, combine peanut butter and butter and cook on high in 20 second increments until melted, stirring in between.
  4. Add peanut butter mixture, eggs, cream and vanilla to almond flour mixture and stir until dough comes together.
  5. Divide dough in half and transfer to baking sheet. Pat into 2 circles about 6 inches in diameter and 1 inch high. Cut each into 8 wedges and carefully lift the wedges and spread out on baking sheet, leaving 1 inch between each scone.
  6. Bake 15 to 18 minutes, or until just firm to the touch and lightly browned. Remove from oven and let cool.
  7. For the glaze, melt butter and chocolate together in a microwave safe bowl on high, stirring every 30 seconds, until melted.
  8. Stir to combine and then drizzle over scones. Let set 10 minutes.

Recipe Notes : 
**Serves 16. Each serving has 11 g of carbs and 5 g of fiber. Total NET CARBS = 6 g.
Nutrition Facts
Peanut Butter & Chocolate Scones – Low Carb and Gluten-Free
Amount Per Serving (1 scone)
Calories 294Calories from Fat 216
% Daily Value*
Total Fat 24g37%
Total Carbohydrates 11g4%
Dietary Fiber 5g20%
Protein 10g20%
* Percent Daily Values are based on a 2000 calorie diet.


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