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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!

Pretzel Buns

, Edit
With the new school year ready to start in just over two weeks, it's time to get serious about baking for lunches. Of course, with two weeks of summer still left why not bake something that can also  help you get the most out of the waning BBQ season? These pretzel buns are perfect for a veggie burger, tofu salad, or my summertime favourite: tomato and cucumber. The dough recipe is more or less Peter Reinhart's but I have altered the method so the end product has that deep brown pretzel colour but it still soft enough to function as a bun.

INGREDIENTS
Makes 12 buns
Dough
- 31.5 oz (6 3/4 cups) white bread flour
- 16.5 g (generous 2 1/2 tsp) salt
- 5 g (1 1/2 tsp) instant yeast
- 18 fl. oz (2 1/4 cups) lukewarm water
- 1.5 oz (3 tbsp) oil

Poaching Liquid
- 16 fl. oz (2 cups) water
- 2 oz (8 tsp) baking soda

- aquafaba for brushing
- sesame seeds

METHOD
1. Combine the flour, salt, yeast, water, and oil in a bowl. Bring together into a rough ball and let sit for 5 minutes. Knead (either by hand or a machine) until dough is smooth but slightly tacky (about 5 mins).  Add water or flour as needed).
2. Shape dough into a ball and transfer to a lightly oiled bowl. Cover and let rise for an hour, or until doubled in size. Punch dough down, knead lightly for a minute, reshape into a ball and let rise in the covered bowl for another hour (or until doubled).
3. Line a large baking sheet with parchment paper and lightly spray with oil.
4. Divide the dough into 12 equal pieces and shapes into boules.
5. Roll each boule into a rope about 12 to 14 inches long. Shape into buns per the pictures below.
a) Grab the rope with your left hand about 1/3 of the way up, with your right hand at the opposing end.
b) Use your right hand to make a knot in the dough where your left hand is positioned. Use the fingers of your left hand to keep the knot open. 
c) Tuck the end in your right hand under and through the hole (at 4:00 if the bun was a clock).
d) Tuck the end in your left hand over and through the hole (at 7:00) to the back of the bun. Use the end that was formerly in your right hand to close the hole.

6. Mist the top of the buns with oil, cover with plastic wrap, and let rise for about 30 mins, until swelled but not doubled.
7. Preheat oven to 400 degrees F.
8. Prepare the poaching liquid: in a large pot bring the water to simmer. You want about 1.5 inches of water it the pot, so adjust the amount above as needed. Make sure to increase the baking soda the same amount. When water is simmering mix in the baking soda and stir to dissolve.
9. Poach the buns (working in batches as your pot will allow) for 30-60 seconds each side, placing the top side in first. Remove with a slotted spoon back to the prepared baking sheet.
10. Brush each bun lightly with aquafaba and top with sesame seeds.
11. Bake for 16-18 minutes, rotating the baking sheet at the halfway point.
12. Let fully cool on a wire rack.


more recipes @ vegandad.blogspot.com

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