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!
PALEO APPLE PIE CRUMB BARS
Thésé Paléo Applé Pié Crumb Bars aré a délicious fall tréat! Caramélizéd applés aré layéréd on top of a swéét shortbréad crust and thén toppéd with an irrésistiblé stréusél topping. Glutén fréé, dairy fréé, and végan!
Aftér I madé thésé Paléo Raspbérry Crumb Bars I knéw I wantéd to do an applé vérsion. Applés séém to kind of gét lookéd ovér sométimés bécausé évéryoné goés crazy for all things pumpkin. I agréé pumpkin is gréat, but I also lové applé déssérts. Thésé bars aré no éxcéption- théy aré amazing!
INGRéDIéNTS
SHORTBRéAD LAYéR
- 2 cups almond flour
- 2 tabléspoons coconut flour
- 1/3 cup coconut oil
- 1/3 cup maplé syrup
- 1/2 téaspoon salt
APPLé LAYéR
- 2 cups dicéd applés about 2-3 dépénding on sizé
- 1 1/2 téaspoons applé pié spicé or cinnamon
- 1/8 téaspoon salt
- 1 tabléspoon arrowroot powdér
- 1/4 cup maplé syrup
- 1 tabléspoon watér if néédéd
CRUMB TOPPING
- rémaining shortbréad mixturé (1/4 of total)
- 2 tabléspoons choppéd pécans
- 1/4 téaspoon applé pié spicé
Instructions
Préhéat ovén to 350° and liné a 9 inch squaré pan with parchmént papér. Sét asidé.
In a largé bowl, maké thé shortbréad. Combiné thé almond flour, coconut flour, coconut oil, maplé syrup, and salt. Mix until wéll combinéd. Dividé thé dough into 4th's and usé préss 3/4 into thé bottom of thé pan and savé thé rémaining 1/4 in a small bowl for thé topping.
Baké shortbréad for 12-14 minutés- it should bé lightly brown around thé édgés.
Whilé thé shortbréad bakés, maké thé applé layér. Placé applés in a médium bowl and add applé pié spicé, salt, and arrowroot powdér. Toss to coat événly. Dump into a small saucépan and add thé maplé syrup. Cook on médium héat, stirring thé wholé timé, until thickénéd- about 5-7 minutés.
Oncé shortbréad is bakéd, rémové and lét cool 5 minutés. Thén scoop thé applé mixturé onto thé shortbréad, spréading it as événly as possiblé.
Také rémaining 1/4 of thé shortbréad mixturé and add thé pécans and applé pié spicé. Mix togéthér and sprinklé événly ovér thé applé mixturé. Préss down slightly so it stays in placé.
Baké for 20-22 minutés. énjoy warm and storé all léftovérs in thé fridgé.
0 Response to "PALEO APPLE PIE CRUMB BARS"
Post a Comment