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!

PECAN PIE CAKE ROLL

Pecan pie filling rolled into a light sponge cake make this Pecan Pie Cake Roll a perfect Thanksgiving dessert or Christmas Snack.


Pecan pie is a big deal in my family. It is the one dessert that cannot be skipped at Thanksgiving. No matter how many new things we want to try a pecan pie will be on the menu. Sometimes that means we have 3 or 4 desserts for 6 adults. We’re up to the challenge though! Anyways, as I’ve been cruising Pinterest looking at all of the pumpkin rolls and pecan pies I started wondering if I could make a pecan pie cake roll.


Once everything is combined pour the mixture into a greased jelly roll pan. I like to put a sheet of parchment paper in the pan to make sure it doesn’t stick and to make it easier to remove from the pan after baking.

Pecan Pie Cake Roll Recipe 
Pecan pie filling rolled into a light sponge cake make this pecan pie cake roll a perfect Thanksgiving dessert.



Ingredients

Cake

  • 3 Eggs
  • 1 cup Sugar
  • 3 tbsp Water , cold
  • 1 cup Bob's Red Mill organic unbleached white all-purpose flour
  • 1 tsp Baking powder
  • 1/4 tsp Salt
  • 1 tsp Butter nut flavoring
  • 2 c Pecans , chopped
  • 1/2 c Confectioner's sugar , for dusting towel

Filling

  • 1 c Sugar
  • 1 1/2 c Corn syrup
  • 4 Eggs
  • 1/4 c Butter , melted
  • 1 1/2 tsp Vanilla extract
  • 2 c Pecans , chopped

Instructions

  1. Preheat oven to 375°F.
  2. Line a greased jelly roll pan with parchment paper.
  3. In a large bowl, beat eggs for 3 minutes.
  4. Gradually add sugar; beat eggs in a mixer on high for 2 minutes or until mixture becomes thick.
  5. Stir in water and butter nut flavoring.
  6. Combine dry ingredients and gently fold the mixture into the eggs. Don’t over mix, you don’t want to deflate the eggs.
  7. Pour the batter into the pan and spread it evenly. You want to make sure it is even so the edges don’t cook more than the center and crumble when you go to roll the cake.
  8. Bake 13 - 15 minutes or until cake springs back when lightly touched. Halfway through baking sprinkle chopped pecans over cake and press down very lightly. Continue baking the remainder of the time then remove from oven and cool cake in pan for 5 minutes.
  9. Invert cake onto a kitchen towel dusted with confectioners' sugar and peel off parchment paper.
  10. Starting with a short side roll the cake up in the towel. Let the cake cool completely like that.
  11. Unroll the cake and spread filling evenly over cake leaving a little space around the edges.
  12. Roll the cake back up.
  13. Store in the refrigerator.

Filling

  1. Preheat oven to 350°F.
  2. Mix all ingredients together in a bowl then pour into a 9 inch pie dish and bake 45 minutes or until only the center jiggles when moved.
  3. Use a spoon to stir filling up every 10 minutes.
  4. When ready remove filling stove top, stir again and let cool for 10 minutes before spreading on cake.

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