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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!

STRAWBERRY SWIRL CHEESECAKE BLONDIE BARS

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These strawberry swirl cheesecake blondie bars are a decadent treat and quite easy to make. With some basic baking ingredients and a few minutes of prep, this will quickly become your new go-to dessert to make for parties!




A few months ago, I shared a post about the yummy red velvet cheesecake brownies that I made from scratch. Most of the time, I am a box mix baker when it comes to making desserts. But I’ve made it my mission to start trying out some baking recipes that are not out of the box.

It’s usually the ingredients list that makes me not want to bake from scratch, so when I come across recipes with basic baking ingredients I already have in the pantry, then I feel a little less intimidated. And after tasting these amazing bars, it was definitely worth the time making them from scratch!




You can find a full printable recipe at the end of the post, but here’s what you’ll need:


Ingredients
cream cheese
sugar
eggs
vanilla extract
butter
brown sugar
flour
strawberry jelly

Directions
Preheat the oven to 350. Grease a 9×9 pan.


Using a hand mixer, beat the cream cheese and sugar in a small bowl until smooth. Beat in egg and vanilla. Set aside.

To make the blondies base, melt the butter in the microwave and pour into a mixing bowl. Mix in the sugar, egg, and vanilla. Stir in flour and combine all ingredients well.

Heat the strawberry jelly in the microwave for about 10-15 seconds and stir.

To assemble the bars, spread about 2/3 of the blondies batter in the pan. Place dollops of the cream cheese mixture over the base and then add spoonfuls of the melted jelly. Spread the rest of the batter on top and run a knife back & forth through all of the layers to swirl the mixture.




Bake for about 25 minutes or until an inserted toothpick comes out clean. Allow to cool completely before cutting into bars.




These bars are very rich and decadent with all of the flavors swirled throughout, so I decided to cut mine even a little smaller than squares when it was time to serve them. And because they hold together so well, they are perfect as a bite-sized finger food dessert!





STRAWBERRY SWIRL CHEESECAKE BLONDIE BARS



INGREDIENTS
Cream Cheese Layer
4 oz cream cheese, room temperature
1/4 c sugar
1 egg yolk
1/2 tsp vanilla
Blondies
1/2 c butter, melted
1 c brown sugar
1 egg
1 tsp vanilla
1 c flour
Strawberry Swirl
1/4 c strawberry jelly or jam

INSTRUCTIONS

Preheat oven to 350. Grease a 9x9 baking pan, set aside.

Cream Cheese Layer
In a bowl, beat cream cheese and sugar until smooth.
Beat in egg yolk and vanilla on medium until mixed well. Set aside.

Blondies
Combine melted butter, sugar, egg, and vanilla. Mix well.
Stir in flour and mix until all ingredients are combined.

Strawberry Swirl
Heat the jelly in a microwave safe dish for about 10-15 seconds. Stir.

To Make the Bars
Spread about 2/3 of the blondie batter into the greased pan.
Add dollops of the cream cheese mixture on top of the batter.
Spoon the strawberry jelly on top of the mixture and batter.
Spread the remaining blondie batter over the top of all the layers.
Run a knife back and forth through the layers to create the swirl pattern.
Bake for about 25 minutes, or until an inserted toothpick comes out clean.
Cool completely before cutting into bars. Store in an airtight container in the fridge.

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