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!

BEST APPLE PIE RECIPE EVER

BEST APPLE PIE RECIPE EVER
This made-from-scratch apple pie is the king of all apple pies! Sweet apples with a perfect texture and a hint of cinnamon nested between the flaky tender crust dough – this is the best apple pie recipe ever!
This made-from-scratch apple pie is simply out of this world! I’ve never tasted an apple pie better than this one, not even in the best restaurants. Once you try this apple pie recipe, you’ll never use another apple pie recipe ever again!
What makes this apple pie so great is the amazing texture of both the apple filling and the crust dough. The filling of this apple pie is prepared using an unconventional cooking method that makes it so great. The apples are first cooked in melted butter, sugar and cinnamon and also tossed with a freshly squeezed lemon juice for a fresh new flavor dimension! You’ll have to stop yourself from not eating the filling before baking the pie 
How To Make Apple Pie Step By Step

Step 1: Make Dough For Apple Pie Crust
Apple pie dough from scratch is very easy to make! In a food processor, combine the flour, baking powder, salt, butter and water and process until it turns into dough. Shape the dough into 2 disks (for top crust and bottom crust) and refrigerate.
Step 2: Make The Apple Pie Filling
Toss the lemon slices with lemon juice. Cook the lemon slices with butter, sugar and cinnamon for 5 minutes.
The apples will release their juice into the frying pan. Lift out the apples into the bowl with a slotted spoon and discard the released juices. Toss the apples with cornstarch.
Step 3: Assemble The Apple Pie
First, roll out the dough into a 12-inch circle. Before rolling, add some flour to your rolling surface and the rolling pin, so the dough doesn’t stick to it.
Line a greased pie dish with the rolled out bottom crust. Prick the dough in several places with a fork.
Add the apple pie filling to the pie.
Roll out the 2nd dough disk into the top crust and cover the apple pie.
Pinch the edges of the top and bottom crust together to seal the pie.
Brust the top of the apple pie with a whisked egg.
Cut the slits in the top crust of the apple pie. They will allow steam to escape when the apple pie is baking.
Step 4: Bake The Apple Pie
Bake the apple pie in pre-heated 375F oven for 20 minutes. Let cool for 15 min before slicing and serving.
Best Apple Pie Recipe Ever!
This delicious apple pie recipe makes my favorite apple pie ever! Mouthwatering apples with sugar and cinnamon are nested between 2 layers of the flaky and tender crust - amazing!
Author: MelanieCooks.com
Recipe type: Dessert
Cuisine: American
Serves: 8 servings

Ingredients
  • 4 tbsp butter
  • 2½ lbs apples, peeled, cored and sliced
  • ½ cup sugar
  • 1 tsp cinnamon
  • 2 tbsp freshly squeezed lemon juice
  • 1 tbsp cornstarch
  • 1 egg
Pie crust dough
  • 2½ cups flour
  • ½ tsp salt
  • ¼ tsp baking powder
  • 1 cup (2 sticks) butter
  • ⅓ cup cold water
Instructions
  1. Preheat the oven to 375 F.
  2. Make the pie crust dough
  3. Cut 2 sticks of butter into cubes.
  4. Put butter, flour, salt and baking powder in a food processor bowl fitted with a steel blade, and process for 30 seconds.
  5. Add ⅓ cup cold water to the food processor and process for 1 minute, or until the mixture turns into dough.
  6. Remove the dough from the food processor and divide into 2 equal pieces.
  7. Shape each piece of dough into a ball, then flatten into a disk, wrap with plastic wrap and refrigerate for at least 30 minutes.
Make the apple filling
  1. Add the lemon juice to apple slices and toss to evenly distribute.
  2. Melt 3 tbsp butter in a large non-stick frying pan over medium heat. Add the apple slices, sugar and cinnamon, and cook, stirring periodically, for 5 minutes.
  3. With a slotted spoon, lift the apples from the pan and move the to the bowl, leaving the released liquid in a frying pan. Discard the liquid.
  4. Sprinkle the apple slices with cornstarch and toss to combine.
Assemble the apple pie
  1. Use 1 tbsp of butter to butter the 10-inch non-stick round pie dish.
  2. Lightly flour a pastry board and a rolling pin.
  3. Remove the dough from the refrigerator.
  4. Roll out the first dough disk to about 12 inches in diameter.
  5. Carefully lift the dough and transfer it to the baking dish, so the dough lines up the bottom and sides of the dish. Pierce the dough on the bottom in several places with a fork.
  6. Put the apple filling in the apple pie on top of the dough.
  7. Roll out the second dough disk to 11 inches in diameter.
  8. Carefully lift the dough and put it on top of the apple pie.
  9. Pinch the edges of the pie all around the pie to seal.
  10. Whisk the egg in a small bowl to make the egg wash. Brush the top crust with the egg wash using a pastry brush.
  11. With a sharp knife, make several slits in the top crust to allow steam to escape.
  12. Bake the pie in a preheated 375F oven for 40 minutes.
  13. Remove from the oven and let cool for 15 minutes before slicing.
Notes
If the dough has been refrigerated overnight and gets too hard to roll, just leave it on the counter for 20 minutes or until it's pliable enough to be rolled.

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