» » CHAMPAGNE CUPCAKES

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!

CHAMPAGNE CUPCAKES

CHAMPAGNE CUPCAKES
These Champagne Cupcakes are super moist and full of champagne flavor! They’d be perfect For New Year’s Eve, or another special occasion.
Well, this weekend was a great weekend. Our family slowly tapered off and made their way home, with my parents leaving today. We were busy bouncing around from activity to activity.
My niece (she’s 8) played in a basketball game on Saturday morning. My brother is the coach and does a great job. My niece scored 10 of the team’s 13 points and they won the game! Then most everyone went to a movie, but my mom and I took the opportunity to do some returns and shopping. Some of our favorite times are when we are shopping. We have a great time together.
These cupcakes definitely need to be on your New Year’s menu.
The recipe is based on my vanilla cupcake, which has been a big hit. It’s an easy, one bowl recipe. You can’t beat that. You combine the dry ingredients, mix in the wet, then bake. Easy peasy.
One thing to note – you might notice little bits of butter in the batter after you mix it – that’s normal and will incorporate into the cupcakes when they bake. I’m told that it works to melt the butter and add it, rather than just using room temperature butter, so you could try that if you’d like. Just make sure you don’t over-mix the batter.
This is a very moist cupcake. It’s not super dense, but it’s not super fluffy either. Kind of right down the middle. There’s just more than 1/2 a cup of champagne in the recipe, which gives it plenty of champagne flavor! You know I like my flavors plenty noticeable and this one qualifies. Not too much, but clearly there.
The icing also has champagne. Hey, if you’re going to celebrate, go all out right? Why skimp? And is there any better way to bring in a new year than with champagne and cupcakes? I think not.

INGREDIENTS:
CHAMPAGNE CUPCAKES
  • 1 2/3 cups all purpose flour
  • 1 cup sugar
  • 1/4 tsp baking soda
  • 1 tsp baking powder
  • 3/4 cup salted butter, room temperature
  • 3 egg whites
  • 1 tsp vanilla extract
  • 1/2 cup sour cream
  • 1/2 cup + 2 tbsp champagne
CHAMPAGNE FROSTING
  • 1/2 cup butter
  • 1/2 cup shortening
  • 4 cups powdered sugar
  • 4-5 tbsp champagne
DIRECTIONS:
  1. Preheat oven to 350 degrees and prepare a cupcake pan with liners.
  2. Whisk together flour, sugar, baking soda and baking powder in a large mixing bowl.
  3. Add butter, egg whites, vanilla, sour cream and champagne and mix on medium speed just until smooth. Do not over mix.
  4. Fill cupcake liners a little more than half way.
  5. Bake 18-20 minutes.
  6. Allow to cool for 1-2 minutes, then remove to cooling rack to finish cooling.
  7. To make the frosting, combine the butter and shortening and mix until smooth.
  8. Add 2 cups of powdered sugar and mix until smooth.
  9. Add champagne and mix until smooth.
  10. Add remaining powdered sugar and mix until smooth.
  11. Add a little more champagne, if needed, until desired consistency is reached.
  12. Top cupcakes with frosting.
Note: You may notice little bits of butter in the batter, but that’s ok. They will melt into the cupcake as they bake.
Recipe Source:lifeloveandsugar.com

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