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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!

APPLE PIE BITES

APPLE PIE BITE
These incredibly delicious (and easy) Apple Pie Bites are going to be your go-to dessert in a hurry!
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APPLE PIE BITES RECIPE
Honestly, when I took the first bite… I thought, “how can something this easy be so damn good?”. In less than 30 minutes you can whip up these tasty little apple pies that are a perfect last-minute Thanksgiving (or anytime!) dessert.
How did I come across this idea?
I recently had the honor of contributing a recipe and photograph to my hometown elementary school’s fundraiser cookbook (those are my Cheddar Jalapeno Corn Muffins!).

I was skimming through the cookbook when I came across a recipe very similar to this one. Whenever I find a recipe that I want to make, I’ll always look for different variations of the recipe and adapt it to make it my own.

This easy recipe starts out with placing Pillsbury crescent rolls on a baking sheet lined with parchment paper. You’ll spread a mixture of brown sugar and apple pie spice on the crescent rolls.

Then spread a few chopped pecans onto each crescent roll.

Next, you’ll place an apple slice (that has been dipped in melted butter) on the wide end of each crescent roll. I left the peeling on my apple slices, but you can also peel the apple if you’d like.

Roll ’em up…

Then bake for 10-12 minutes, or until golden brown. How easy is that???

This recipe calls for apple pie spice which can be made easily at home with a mixture of cinnamon, nutmeg and allspice. You can get the easy recipe here!
Update: This recipe has been so popular with my friends and family… everyone loves it! My friend Melissa made a shortcut using canned fried apples with cinnamon, drizzled them with caramel when they came out of the oven and topped with vanilla ice cream. I tried this version and it was also DELICIOUS!

Prep Time: 15 mins
Cook Time: 12 mins
Yield: 8 apple pie bites

DESCRIPTION
  • Apple Pie Bites -Delicious, quick & easy mini apple pies made with Pillsbury crescent rolls in less than 30 minutes!
INGREDIENTS
  • 1/4 cup packed light brown sugar
  • 1 teaspoon apple pie spice, and additional apple pie spice (about 1/4 teaspoon) for sprinkling on top of crescent rolls
  • 3 tablespoons butter, melted
  • 1/3 cup chopped pecans
  • 1 small Granny Smith apple, cored and sliced into 8 (1/2-inch) slices
  • 1 (8-ounce) can Pillsbury Original crescent rolls
INSTRUCTIONS
  1. Preheat your oven to 375 degrees F. Line a baking sheet with parchment paper.
  2. In a small bowl, combine brown sugar and apple pie spice. Set aside.
  3. Melt butter and toss apple slices in butter, set aside.
  4. Arrange crescent roll triangles on baking sheet lined with parchment paper. Evenly distribute brown sugar mixture onto each triangle.
  5. Sprinkle each triangle evenly with the chopped pecans.
  6. Place an apple slice on the wide end of each triangle. Wrap crescent roll dough around each apple.
  7. Brush each crescent roll with remaining butter. Sprinkle lightly with additional apple pie spice.
  8. Bake for 10-12 minutes, or until golden brown. Cool for 5 minutes before serving.
NOTES
Inspired by Beaufort Elementary School’s Savory Eats & Seadog Treats, ed from Pillsbury.com



Enjoy

more recipes @ https://theblondcook.com


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