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!

Triple Cinnamon Scones

Triple Cinnamon Scones
Triple Cinnamon Scones | With THREE layers of cinnamon you would think you were eating a gooey cinnamon roll! These Triple Cinnamon Scones have a wonderful glaze full of cinnamon that can be drizzled or dipped onto the scones! You can make these scones ahead of time and freeze. Don’t glaze until the day they are being served.
Here’s how you make these awesome scones!
Form dough into a 9 inch square, brush on the butter, sprinkle the brown sugar and cinnamon on top.
Fold one side to the center.
Fold the remaining side over the top, overlapping the other side a bit.
From into a 3 inch by 19 inch rectangle.
Cut rectangle into SIX 3-inch pieces.
Cut each square from corner to corner to form somewhat of a triangle, Separate 1-inch apart and bake!
Cut each 3-inch square in half and then into 4 triangles.

Triple Cinnamon Scones
Preparation 50 minutes 
Cook Time 17 minutes
Serves Makes 12 Medium or 24 Mini Scones  ADJUST SERVINGS
For the Scones
  • 3/4 cup half and half
  • 2/3 cup cinnamon chips
  • 3 1/4 cups all-purpose flour
  • 1/3 cup granulated sugar
  • 1 tablespoon baking powder
  • 3/4 teaspoon salt
  • 1/2 cup cold butter, cut into pats
  • 2 large eggs, lightly beaten
  • 1 teaspoon vanilla extract
For the Filling
  • 1 tablespoon butter, softened
  • 3 tabelspoons light brown sugar
  • 1 1/2 teaspoons ground cinnamon
For the Glaze
  • 2 cups confectioners' sugar
  • 1 teaspoon ground cinnamon
  • 1 tablespoon plus 1 teaspoon water
For the Scones:
  1. Preheat oven to 400°.
  2. Combine the cinnamon chips with the half and half in a small bowl. Let the mixture rest(this creates a cinnamon flavored milk). While the cinnamon mixture is resting, get started putting together the rest of the ingredients. In a large bowl add the flour, sugar, baking powder and salt. Whisk to combine. Cut butter into pieces, add to the flour mixture, using a pastry blender cut the butter into the flour making sure to leave chunks of butter through out the dough. Add the eggs and vanilla to the cinnamon milk, whisk to combine. Pour into the flour mixture. Stir until just combined. Pour onto a floured surface. Pat the dough into a 9-inch square. 
  3. Brush on the butter for the filling, sprinkle the brown sugar and cinnamon on top. Fold one edge into the center and over the filling. Fold the remaining edge over the center. Gently pat into a 3-inch by 18-inch rectangle. Cut the rectangle into SIX 3-inch pieces. Transfer squares to a cookie sheet or baking pan lined with parchment paper. Cut each square in half diagonally to form a rectangle (look below for a way to make these into mini scones). Separate 1-inch apart. Bake 18 minutes. Cool before adding the glaze.
For the Glaze:
  1. In a medium bowl whisk together the sugar, cinnamon and water until creamy and there are no lumps. Pour into a zip top bag and drizzle over the scones or use a fork to drizzle. NOTE: If you would like the glaze to be more for dipping the scone into simply add more water but ONLY a tiny bit at a time. It doesn't take much for the glaze to become too runny.
For Mini Scones:
  1. To achieve mini scones....cut the squares in half straight up and down and then cut the smaller piece on the diagonal getting 4 scones from on square instead of 2.


Halaman Berikutnya

Subscribe to receive free email updates:

0 Response to "Triple Cinnamon Scones"

Posting Komentar