» » » » Super Fancy Chocolate Cheesecake Cake (And Other Perfect Christmas Desserts)

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!

Super Fancy Chocolate Cheesecake Cake (And Other Perfect Christmas Desserts)

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If you’re sad because you keep scrolling through photos of homes decorated for Christmas and beautiful cookies and homemade gifts and holiday parties and hot chocolate breaks and meticulous Christmas lights and PERFECT FAMILIES, come here and let me give you a dysfunctional hug. You are so not alone.
This recipes combines a moist, rich layer cake with a tangy chocolate cheesecake to make a super fancy, super delicious holiday masterpiece. If you love chocolate, this is your dessert!



Cake Ingredients:

1 3/4 cups all-purpose flour
2 cups sugar
3/4 cups cocoa powder
2 teaspoons baking soda
1 teaspoon baking powder
1 teaspoon salt

1 cup buttermilk, shaken
1/2 cup vegetable oil
2 eggs, at room temperature
1 teaspoon pure vanilla extract
1 cup freshly brewed hot coffee

Cheesecake Ingredients:

4 packages (8 ounces each) of cream cheese, room temperature
1 teaspoon of vanilla extract
1 cup sugar
4 eggs, room temperature
4 ounces or about 1/2 cup dark chocolate chips, melted and cooled (I used Ghirardelli 60% Cacao)

Frosting Ingredients:

1/2 cup plus 1 tablespoon Dutch-process cocoa powder
1/2 cup plus 1 tablespoon warm water
3 sticks unsalted butter, room temperature
3/4 cup confectioners’ sugar
Coarse salt
24 ounces bittersweet chocolate chips, melted and cooled (plus more for drizzle if desired)
flaked sea salt

Directions:


Make cheesecake: Preheat the oven to 350 degrees F. Grease two 9-inch springform pans (I use Wilton’s Cake Release) and also place a greased parchment round in the bottom of each. Mix cream cheese, vanilla, and sugar in a large bowl until well blended and creamy. Add the eggs one at a time, mixing between each, and continue mixing until combined. Add the chocolate and continue mixing until combined. Divide the mixture evenly between the prepared pans and smooth the tops with a spatula. Bake these for 35-45 minutes or until center of cake is almost set (the cake will puff up and brown on top, but don’t worry.


Read more please visit : willowbirdbaking.com

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