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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!

SWEET POTATO BREAD

, Edit
Asian bread sold in Chinese/Japanese/Korean bakery typically use the same dough, but made into a wide variety of bread using various creative filling, be it sweet or savory. The bread sold come in many different forms, from the plain round bread, braided bread, open sandwich bread (i.e. all the topping on top), knotted bread, to spiral bread like the one in this post. I am sure I need a longer list to include all the different forms. This time, let’s make some spiral bread with sweet potato paste as filling.
I start by making the paste first since we need to cool it down before using. Take one sweet potato (about 300 gram), peel and steam until soft. Mash the sweet potato and mix with sugar, sweet condensed milk, butter, and some cinnamon powder to make sweet potato paste. You can adjust the sweetness to suit your taste since each sweet potato will obviously have different level of sweetness. Sometimes the sweet potato paste can be a bit runny and we don’t want that, in which case you can cook it in a frying pan over low heat and stir every so often until the paste is thicker. Let the paste cool completely before using. You can make this ahead of time and make it in big batches too if you like the paste. Just like red bean paste, you can use this not only as bread filling, but also as daifuku (mochi) filling, manju (Japanese steamed/baked bread) filling, and Chinese steamed buns filling.

INGREDIENTS
  • Sweet potato filling
  • 1 sweet potato (300 gram)
  • 25 gram sugar
  • 25 gram butter
  • 35 gram sweet condensed milk
  • 1 teaspoon cinnamon powder
  • Dough
  • 150 ml warm milk (38 Celsius or 100 Fahrenheit)
  • 5 gram active dry yeast
  • 5 gram sugar
  • 300 gram all purpose flour
  • 10 gram sugar
  • 4 gram salt
  • 1 egg
  • 2 tablespoon butter, room temperature
  • Egg wash (mix together)
  • 1 egg
  • 1 teaspoon milk/water

INSTRUCTIONS
  1. Sweet potato filling
  2. Peel and cut the sweet potato into wedges. Steam until soft.
  3. Mash steamed sweet potato with sugar, butter, sweet condensed milk, and cinnamon powder.
  4. If the paste is runny, cook in a frying pan over low heat until thick and no longer runny.
  5. Let the paste cool completely before using.
  6. Dough
  7. Mix together warm milk, active dry yeast, and 5 gram sugar. Let rest for 20 minutes until foamy.
  8. In a large mixing bowl, whisk together all purpose flour, 10 gram sugar, and salt. Make a well, then pour the foamy yeast solution, egg, and butter. Knead into a smooth, soft, elastic, and non-sticky dough. If the dough is too sticky, you may add 1-2 tablespoon of all purpose flour. Kneading time is 20 minutes.
  9. Place the dough in the bowl, wrap with wet kitchen towel or saran wrap. Let it proof until the volume is doubled, about 1 hour in warm kitchen.
  10. Bread
  11. Roll the dough into 10"x15" rectangle. Spread a thin layer of sweet potato paste on the dough, leaving a ½" margin along the edges.
  12. Roll from bottom to top into a log, pulling the dough slightly while rolling. You should be able to get a 12" log. Cut into 12 pieces.
  13. Place the cut up dough onto a parchment paper lined baking tray, cut side up, and proof for 45 minutes.
  14. Preheat oven to 200 Celsius (400 Fahrenheit).
  15. Brush the top of each bread liberally with egg wash. Bake in preheated oven for 12-15 minutes, or until golden brown.
  16. Best served warm when out from the oven. The bread should be fresh for up to 3 days.
More Deliciouse Recipe SWEET POTATO BREAD @ vforveggy.com

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