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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!

Valentine’s Red Velvet Cheesecake Brownies

Valentine’s Red Velvet Cheesecake Brownies – the perfect dessert for Valentine’s Day! You need these Red Velvet Cheesecake Brownies to impress your partner. So tasty and creative!

For once, I am bringing you a Valentine’s day dessert a couple of weeks in advance! That’s right, I am actually bringing you a holiday dessert before the holiday! Pigs are on fire and hell is flying…or, you know, whatever that saying is. We should all take a moment and enjoy this — one time, never gonna happen ever again — feeling.



But I took it one step further and I made another video! I feel like I might be getting the hang of making videos and I like getting to show y’all exactly what I do and how I do it.

Valentine’s Day is coming soon so you need something nice and delicious. I have this perfect brownie. Literary it melts in your mouth. When Valentine’s Day is coming I think about red color and love so I know that these Red Velvet Cheesecake Brownies are perfect for it. I know that this recipe is very popular today and that is why I am making it very often. Also I know that you concluded that I like to make this recipe so I am doing it again but today I am going to make it in heart shape. I think that will be the right choice for Valentine’s Day.

Brownies are favorite cakes for lots of people but people usually like it in chocolate way but I know that you will love these Red Velvet Cheesecake Brownies. You can make them anytime you like and they perfectly go with cup of coffee or tea. You will like that taste very much! When I found this recipe I thought that my children won’t like it but I made it and today these Red Velvet Cheesecake Brownies are one of our favorites. I like to make every time something new so I made this recipe and I was in positive shock how easy it was to make and also about the taste. This combination of red velvet and cream cheese is perfect and so delicious cheesecake brownie.


This cake is perfect for Valentine’s Day. I make Red Velvet very often so I guarantee that this is perfect way to surprise your partner. Also if you like something very different and original take a look on my Valentine Red Velvet Cheesecake Pops recipe. You can choose between these two and I can say that you won’t make wrong decision. Enjoy in love!

You are going to think I am nuts when you start making this recipe. The bottom red velvet layer is moldable – like play dough almost. I know it’s strange, but it turns out amazing! Crazy moist and super soft with a lot flavor from the cheesecake and red velvet layers.

Jorge was munching on all of the leftover scraps from the hearts and kept saying, “mmmm ::mumble mumble:: gooooodddd”. I’m not sure exactly what he was saying, but I know they were happy belly noises. The girls couldn’t stay out of them ether, but that should be no surprise since they have my DNA flowing through them.

INGREDIENTS:


3 1/4 cups flour
2 1/4 cups granulated sugar
3 tablespoons cocoa powder
1 teaspoon salt
1/2 teaspoon baking powder
3 large eggs
1 cup vegetable oil
5 tablespoons milk, divided
1 tablespoon vanilla extract
1 tablespoon red food coloring
2 teaspoons white vinegar
2 8oz packages cream cheese, softened
3/4 cup granulated sugar
2 large eggs
2 teaspoons vanilla
DIRECTIONS:


Preheat oven to 350 degrees. Grease a 13 x 18 jelly roll pan with butter or spray with Baker’s Joy.
In large bowl, whisk together flour, sugar, cocoa powder, salt, and baking powder. Set aside. In a medium bowl, whisk together eggs, vegetable oil, 2 tablespoons milk, vanilla extract, red food coloring, and white vinegar.
Combine the dry and wet ingredients, until completely combined. The batter will be a really thick, almost moldable texture…but don’t worry, that’s what you want.
Remove 3/4 cup of the batter and place it in a medium bowl. Whisk in the remaining 3 tablespoons of milk (into the 3/4 cup of batter you just took out). Set aside the 3/4 cup batter.
Pour the remaining batter into the prepared jelly roll pan. Using a spatula, smooth out the batter to reach all the edges.
Now, in your stand mixer, beat cream cheese and sugar until fluffy, about 2 minutes. Add eggs and vanilla, beating until combined and there are no lumps.
Pour the cream cheese mixture on top of the red velvet layer and smooth mixture till it reaches all the edges.
Drop spoonfuls of the remaining red velvet batter (that you mixed with milk) onto the top of the cheesecake layer. Drag the tip of a knife through the red velvet and the cheesecake layers to create swirls.
Bake for 30 minutes, rotating half way through, or just until the center is set and it no longer jiggles.
Let cool completely on a wire rack before cutting. Use a medium sized heart cookie cutter to create the perfect Valentine’s Day treat!

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