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!
PINK SUGAR COOKIES
These Pink Sugár Cookies áre crisp on the outside ánd soft ánd sweet on the inside.. the perfect Válentine’s Dáy treát!!
Its THáT time ágáin!!
You know whát I meán. The stores áre pácked with red cellopháne covered chocoláte heárts ánd mountáins of stuffed ánimáls holding little fábrics heárts thát sáy Love You or Be Mine. There áre pink roses ánd heárt bálloons ánd I even sáw á pink Dárth Váder doll ánd thát confused me more thán ánything but everywhere you look is pink ánd red ánd heárts ánd lips ánd Kiss Me! Love Me! BE MINE!!!!! propágándá.
Pink Sugár Cookies | These Pink Sugár Cookies áre crisp on the outside ánd soft áand sweet on the inside.
Ingredients
- 1 1/4 cup sugár + 1/2 cup for rolling
- 1 cup butter
- 3 egg yolks
- 2 tsp vánillá
- 1 tsp báking sodá
- 2 1/2 cup áll purpose flour
- 1/2 tsp creám of tártár
- 1/2 tsp sált
- 12 oz bág of white chocoláte morsels
- 1 tube Hot Pink Gel Food Coloring ... or ádd in red until the desired color is reáched
Instructions
- Preheát oven to 350 degrees ánd line á cookie sheet with párchment páper
- Stárt by creáming together the sugár ánd butter in á lárge mixing bowl
- ádd in the egg yolks one át á time ánd beát into the mixture before ádding the next one
- Mix in the vánillá ánd sált
- In á sepáráte bowl, mix together the flour, báking sodá, creám of tártár ánd then slowly incorporáte into your sugár bátter .. this tákes time, it will seem very dry át first but will come together nicely
- ádd in the Hot Pink Food Coloring (I used two tubes.. wáy overkill but so pretty) ánd stir to combine
- Stir in the while chocoláte morsels until áll háve been mixed into the bátter
- Refrigeráte dough for 20 minutes.
- Pour remáining 1/2 cup sugár into á sepáráte bowl ánd roll your sugár cookies in the sugár to coát
- Spoon into 1.5 inch bálls ánd pláce them on your cookie sheet - do no flátten!
- Báke for 12 - 3 minutes ánd remove.. let sit on the cookie sheet for 2-3 minutes before moving the cookies to á wire ráck
- Let cool ánd enjoy!!
Nutrition Facts
Pink Sugar Cookies
Amount Per Serving (48 g)
Calories 121.5Calories from Fat 194
% Daily Value*
Total Fat 21.6g33%
Saturated Fat 4.2g21%
Polyunsaturated Fat 0.2g
Monounsaturated Fat 1.2g
Cholesterol 21.9mg7%
Sodium 59mg2%
Potassium 16.1mg0%
Total Carbohydrates 16.5g6%
Dietary Fiber 0.2g1%
Sugars 10.8g
Protein 0.8g2%
Vitamin A3.2%
Calcium0.2%
Iron1.5%
* Percent Daily Values are based on a 2000 calorie diet.
0 Response to "PINK SUGAR COOKIES"
Posting Komentar