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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!

Banana Brownies Recipe

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Banana brownies are one of the creations of chocolate brownie recipes. Its delicious taste with the typical touch of bananas adds a special flavor to it. Banana brownies are best enjoyed with warm drinks like Tea and Coffee. the taste is really delicious with sweet and tender that fits right in the mouth, making many people like banana brownies. Now i am trying to make banana brownies with topping brown butter frosting , its must be so sweet and delicious .. !


And the world needs to know. The sweet taste of banana bread brownies topped with a brown butter frosting.

Lets do it .. !!

Banana Bread Brownies Recipe

The world needs to know. The sweet taste of banana bread brownies topped with a brown butter frosting.



Ingredients

Brownies:

  • 2 eggs
  • 3 bananas, mashed
  • 1 1/2 cups sugar
  • 1 cup sour cream
  • 1/2 cup butter, softened
  • 2 teaspoons vanilla extract
  • 2 cups all-purpose flour
  • 1 teaspoon baking soda
  • 3/4 teaspoon salt
  • 1/2 cup walnuts,chopped

Frosting:

  • 1/2 cup butter
  • 3 cups powdered sugar
  • 1 1/2 teaspoons vanilla extract
  • 3 tablespoons milk

Instructions

  1. Heat oven to 375°F. Grease a 13 x 9 inch pan.
  2. For the brownie,
  3. In a large bowl, beat together sugar, sour cream, butter, and eggs until creamy.
  4. Blend in bananas and vanilla extract.
  5. Add flour, baking soda, salt, and blend for 1 minute. Stir in walnuts.
  6. Spread batter evenly into pan. Bake 25 minutes or until golden brown.
  7. Cool slighty (warm but not hot) and frost with frosting.
  8. For frosting,
  9. Heat butter in a large saucepan over medium heat.
  10. Watch carefully when it reaches a medium brown color turn off heat, whisk in powdered sugar at a time, adding milk as it thickens, then add in vanilla.
  11. Pour over the warm banana bread brownies immediately, and smooth with a spatula, butter knife, or frosting spatula.
  12. Cool completely before cutting.


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