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!

CREAM CHEESE DARK CHOCOLATE KETO FUDGE

Satisfy your sweet tooth with this heavenly cream cheese dark chocolate keto fudge. It’s a delicious low carb treat with only 1 gram net carb per square.


I was a little worried that this cream cheese chocolate keto fudge wasn’t going to come out right. The oils did separate out as I tried to blend everything together at the end.

Although the mixture didn’t come together as well as I would have liked, I spread the mixture out into the pan anyway. After sitting in the refrigerator for a few hours, the mixture did turn into a creamy soft fudge.

The almond butter flavor was detectable, but it’s so mild it didn’t interfere with the chocolate taste. If you want to up the chocolate flavor, you can add another ounce of unsweetened baking chocolate.

Cream Cheese Dark Chocolate Keto Fudge Recipe
Satisfy your sweet tooth with this heavenly cream cheese chocolate fudge. It's a delicious low carb treat with only 1 gram net carb per square.



Ingredients

  • 1 cup butter
  • 1 ounce unsweetened baking chocolate can add 2 ounces to up flavor
  • 1 cup unsweetened almond butter or peanut butter or sunbutter (nut free)
  • 8 ounces cream cheese
  • 1 cup low carb powdered sweetener Sukrin Melis or Swerve Confectioners
  • 1 teaspoon stevia concentrated powder see note
  • 1/3 cup unsweetened cocoa powder
  • 1 teaspoon vanilla extract

Instructions

  1. Line an 8x8 baking pan with parchment paper.
  2. Melt together butter, and baking chocolate over medium heat.
  3. Add almond butter (or peanut butter/sunbutter) and blended in with an electric mixer. Then, blend in the cream cheese with an electric mixer.
  4. Remove from heat and stir in remaining dry ingredients. Blend with an electric mixer to combine as well as possible. Then, blend in vanilla extract
  5. Spread mixture into prepared pan evenly. Chill in refrigerator until set.

Nutrition Facts
Cream Cheese Dark Chocolate Keto Fudge
Amount Per Serving (1 square)
Calories 259Calories from Fat 234
% Daily Value*
Total Fat 26g40%
Saturated Fat 11g55%
Cholesterol 46mg15%
Sodium 148mg6%
Potassium 181mg5%
Total Carbohydrates 5g2%
Dietary Fiber 2g8%
Sugars 1g
Protein 4g8%
Vitamin A10.9%
Calcium7.6%
Iron6.4%
* Percent Daily Values are based on a 2000 calorie diet.


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