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!

{NO CHURN} CHOCOLATE NUTTER BUTTER ICE CREAM

When it comes to cookies and cream ice cream, why should vanilla and Oreos have all the fun? For a decidedly different cookies and cream, give this Chocolate Nutter Butter Ice Cream a try instead!


In my recent {No Churn} Cookies and Cream Ice Cream post, I professed my love for the easy no churn method of making ice cream that involves simply some homemade whipped cream, a can of sweetened condensed milk, and a freezer.

Are you familiar with this method?

If you are, then you already know about its wonderfully creamy and deliciously easy result ... and you know how versatile the method is for creating fabulously fun flavors. If you're not, then you'll want to get familiar with it to get in on the yummy easy ice cream fun!

With this no churn method, it's super simple to form a base on which to build an almost endless variety of ice cream flavors. First just whip some heavy cream or whipping cream {without adding any sugar} until stiff peaks form. Then simply fold in a can of sweetened condensed milk.

That's it! ... Then fold in whatever mix-ins you'd like to create your own unique flavors. To create a chocolate base, simply stir in 1/2 to 3/4 cup chocolate syrup ... like in my Easy 3-Ingredient Chocolate Ice Cream, which I then used as the base for this Chocolate Nutter Butter Ice Cream.

The sweetened condensed milk adds the ice cream's needed sugar and makes the whipped cream freeze into a nice, creamy texture. Once your chosen mix-ins are in, all that's needed to finish the ice cream off is a good chill in a freezer for about 4 hours.



Our six-year-old daughter absolutely loves, loves, loves to make ice cream with this easy method. I think she's totally enthralled ... and surprised ... that making homemade ice cream is this simple. And I love that making it is a fun little project we can do together ... it certainly doesn't hurt that it's a fun little project that results in a tasty treat, too!

The last time she and I made ice cream together, we whipped up a 1/2-batch of chocolate and a 1/2-batch of Cookies and Cream ... you know, because we just couldn't decide which flavor to make. So we made both. Problem solved, right!?

As we were stirring up the two, I spied a package of Nutter Butters in the pantry. Which got me to thinking, when it comes to cookies and cream ice cream, why should vanilla and Oreos have all the fun? Why can't Nutter Butters get in on the ice cream action?

Oh, but Nutter Butters most certainly can get in on the ice cream action, my friends! And it's a wonderfully tasty treat when they do.

In this version, I chose to pair Nutters Butters with a chocolate ice cream base, but I think it would be equally delicious with a vanilla ice cream base, too. I also stirred together a little peanut butter and marshmallow fluff to create a ribbon of peanut butter swirl throughout the ice cream ... combining the peanut butter with fluff gives the peanut butter a touch a sweetness and makes it "drizzle-able". The swirl combined with the Nutter Butters gives this ice cream a pretty bold peanut butter punch ... but you could leave out the swirl and/or reduce the amount of crumbled Nutter Butters if you'd like a more mellow peanut butter flavor.

So if you're up for a decidedly different spin on cookies and cream, give this Chocolate Nutter Butter Ice Cream a try instead!



{No Churn} Chocolate Nutter Butter Ice Cream


Ingredients2 c. whipping cream or heavy cream
1 (14 oz.) can sweetened condensed milk {about 1 cup}
3/4 c. chocolate syrup
1 c. coarsely crumbled Nutter Butters {about 10 cookies}
1/4 c. marshmallow fluff {optional}
2 T. creamy peanut butter {optional}


DirectionsChill a large mixing bowl and the beaters of an electric mixer (or whisk attachment of a stand mixer) in the refrigerator for about 15 minutes. Remove from the refrigerator and pour whipping cream into the chilled bowl. Beat on high speed until stiff peaks form.
Gently stir in sweetened condensed milk and chocolate syrup. Fold in Nutter Butters.
In a small bowl, stir together marshmallow fluff and peanut butter until well combined. Drizzle in ribbons onto Nutter Butter mixture; gently swirl in peanut butter mixture with a knife. {This step is optional. For a less pronounced peanut butter flavor, omit this step.}
Spoon into a freezer safe container, cover, and freeze for about 4 hours or overnight.


Source link from : https://www.thekitchenismyplayground.com/2016/05/no-churn-chocolate-nutter-butter-ice-cream.html

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