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!

STRAWBERRY TIRAMISU RECIPE

Strawberry Tiramisu is the perfect no-bake summer dessert made with fresh strawberries, ladyfingers, and mascarpone! This summer version is made without coffee, alcohol, and raw eggs.


Strawberry Tiramisu is my favorite dessert! It’s sweet, pretty, and so delicious. Layers of vanilla-flavored mascarpone, strawberry jam infused ladyfingers, and lots of fresh juicy strawberries. Everyone always loves this easy dessert when I bring it to a party.


You can serve it in a baking dish or in individual glasses which would be perfect for a wedding and you can make it in advance. I always assemble it a day in advance so the ladyfingers can absorb the strawberry mixture completely and get softer.  It tasted perfect after resting a day in the fridge!

Some tips and tricks for making this Strawberry Tiramisu

  • Use hard ladyfingers, not soft ones. The soft ones will get mushy after a day in the fridge. Look for Italian ladyfingers, they are often called Savoiardi. They are quite crisp but will soften as the tiramisu sits and often have a sugary top. It’s also important not to soak them but only dip them into the strawberry jam mixture.
  • The tiramisu will taste best if you use ripe, juicy strawberries and high-quality strawberry jam that tastes like strawberries and is made with real good quality strawberries.
  • Mascarpone cheese is an Italian cream cheese that tastes like cream and has a smooth consistency. I don’t recommend using cream cheese instead because this would change the typical tiramisu flavor. You can get Mascarpone in the deli area of large grocery stores, at Whole Foods, and in Italian Food stores.
  • Don’t skip the Balsamic Vinegar. It enhances the strawberry flavor but you won’t taste the vinegar itself. You can use a little bit of lemon juice if you don’t have balsamic vinegar on hand.
  • You could use Prosecco instead of water for the strawberry jam mixture to give it a little flavor kick.

Strawberry Tiramisu Recipe
Strawberry Tiramisu is the perfect no-bake summer dessert made with fresh strawberries, ladyfingers, and mascarpone! This summer version is made without coffee, alcohol, and raw eggs.


Ingredients
  • 1/3 cup strawberry jam or preserves
  • 1/4 cup water (or prosecco)
  • 1/2 tsp balsamic vinegar (or lemon juice)
  • 1/2 cup heavy whipping cream
  • 1 cup mascarpone cheese
  • 1/2 cup confectioners’ sugar
  • 1/2 tsp vanilla extract
  • 2 cups sliced strawberries (1 pint)
  • 24 ladyfingers (see tip above)
Instructions
  1. In a medium bowl, combine mascarpone cheese, cream, sugar, and vanilla extract. Beat with an electric mixer or stand mixer on medium-high speed for 1 to 1 1/2 minutes until smooth and thickened.
  2. In a small bowl, combine strawberry preserves, water, and balsamic vinegar. Stir with a fork until combined. Dip the ladyfingers in the mixture to coat them. Line the ladyfingers in a single layer, in the bottom of a 8”x 8” or similarly sized baking dish.
  3. Spread half of the mascarpone mixture over the ladyfingers and layer with half of the sliced strawberries.
  4. Repeat with the remaining ladyfingers, mascarpone mixture, and sliced strawberries.
  5. Cover with cling wrap and chill at least 8 hours or overnight

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