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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!

SLOW COOKER BROWNIE PUDDING

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Instant gratification is something I often have no power against. Too often I feel a little too much like Veruca Salt: “I want it and I want it NOW!” The lines between instant gratification and life are blurring – it’s almost too easy to just get what we want immediately.

Take TV, for example. We no longer have to wait in anticipation for our favorite shows; we just binge watch them on Netflix one after the other. The only waiting that occurs is because my husband makes me go to bed after watching 3 episodes of Friday Night Lights and I have to wait until the next night to continue my binging. We don’t even have to watch commercials anymore, now that every room has a DVR.

I find it hardest to resist my impulses when I’m shopping. I’ll see a shirt or a bag or some shoes that I love and I just want them. Why shouldn’t I buy them? I work hard. They’re cute. They’re on sale! This actually happened last week – and while the shoes were at a discount store, they sure as heck weren’t on sale. I did make myself wait overnight and when I couldn’t stop thinking about them I went back and bought them. (See? I had to buy them, right?)

And then there are recipes. That’s where my instant gratification gets me the worst. I see a recipe or think of an idea and I need to make it ASAP. Like, I’ll drop everything on my schedule and head to the kitchen. And while that’s not great for my to-do list, it is great for you. Why?

Because this Slow Cooker Brownie Pudding is one of my impulse recipes that I had to make ASAP. And then I had to share it, in front of all the other recipes I was going to post. But you’re okay with that, right?

If you follow me on Facebook, you may have seen this post I shared last weekend. Heck, if you’re on Facebook at all, you’ve probably seen it. It’s one of those videos that is probably copied off some bloggers recipe and goes viral (true story). It was for a chocolate lava cake made in a slow cooker, using cake mix and pudding mix. I immediately thought of some of the other crockpot desserts I’ve made, like hot fudge cake and caramel cake, and I wanted to make this one too.

(Side note: I did google it to see if a blogger friend had been ripped off before I made this. The top two google results for “Crockpot Lava Cake” were Betty Crocker and Taste of Home. So I decided to continue on my must have chocolate lava brownie pudding ASAPquest.)

Because that’s right – I didn’t want to use cake mix. I wanted to see if using brownie mix and chocolate pudding mix would work and create a slow cooker brownie pudding (aka Lava Brownie) recipe. And guess what?

It worked fabulously. This Crockpot Brownie Pudding is gooey, chocoaltey, rich, and so freaking fantastic YOU need to make it right this minute. (Honestly, it’s even better than the BEST brownie recipe in the world.)

But you will have to wait for the slow cooker to do it’s magic. (Consider it a gift: I’m teaching you patience.)



A few notes about the recipe:

This recipe has just a few ingredients: brownie mix and the ingredients called for on the box, pudding mix, and milk. It’s probably one of the more simple recipes you’ll ever make.

Tip for making desserts in a crockpot: every slow cooker cooks differently. Yours might be hotter than mine or cook more on one side than the other. It’s just how it is. Also, every crock pot seems to be a different size. Mine is about 7 quarts. This cake will work in a 5 or a 6 quart as well, but cooking time will be affected. I give a large range in cooking time for these reasons: 2-3 hours could mean 2 or it could mean 3. Hopefully it won’t be longer than that!

Because some of the pudding stays on the top of the brownies, it looks raw even when it’s done, which is why you cannot use the toothpick test. Just watch the edges – when they stop being shiny/glossy/raw looking, then it’s done. But it will still look underdone in the middle – that’s the pudding being all jiggly, not raw brownies.

If you need to bake sugar-free, good news! This recipe can be made using sugar-free brownie mix or sugar-free cake mix and sugar-free pudding mix. I made it with sugar-free vanilla cake mix and sugar-free butterscotch pudding for my dad and it worked just fine! Try it with PUMPKIN cake and it’s amazing!


Enjoy!

SLOW COOKER BROWNIE PUDDING

8-10 SERVINGS
TOTAL TIME:2-3 HOURS

This Slow Cooker Brownie Pudding is so chocolatey and rich! It’s easy to make with just a few ingredients you probably already have in your pantry!

INGREDIENTS:

1 box Brownie Mix (approximately 18 ounces, get the 9×13 pan size)
Eggs, water, and oil called for on the brownie mix box
1 package (about 3.9 ounces) instant chocolate or chocolate fudge pudding mix
2 cups milk (regular or nonfat)
Ice cream or whipped cream for serving, optional

DIRECTIONS:

1. Spray a 6-7 quart slow cooker with nonstick cooking spray.
2. Prepare brownie mix as directed on the back of the box. Pour into prepared slow cooker.
3. Whisk pudding mix and milk in a medium sized bowl until smooth. Pour carefully over the brownie mix in the crockpot.
4. Cover the crock pot with a paper towel and place the lid on top (to catch the condensation). Cook on high power 2-3 hours. It will probably take at least 2 1/2 hours, but start checking it after 2. Some of the pudding stays on the top and stays wet looking, so you cannot trust the toothpick test and it will stay somewhat jiggly until it’s done. Watch the edges – when they look somewhat dry and done, then the pudding is ready. Baking time will be different for every slow cooker, but after 3 hours on high it should be done. You don’t want to overcook it or the brownie (which is on the bottom) will be dry.
5. Serve warm with ice cream or whipped cream. Store in an airtight container in the regfrigerator for up to 3 days.

NOTES:

You can also make this with cake mix and any flavor pudding. I made this with sugar-free cake mix and sugar-free pudding and it also worked!
All images and text ©Dorothy Kern for © Crazy for Crust. Please do not use my images without prior permission. If you want to republish this recipe, please re-write the recipe in your own words, or link back to this post for the recipe. Disclaimer: Nutrition information shown is not guaranteed to be accurate.

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