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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!

Cinnamon Apple Crumb Cake

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Cinnamon Apple Crumb Cake
Are you ready for fall baking? Cinnamon Apple Crumb Cake is the perfect dessert for crisp weather coming up, just like this Caramel Apple Cinnamon Roll Lasagna. But, if you are not a big fan of pumpkin treat, then you must try this coffee cake loaded with apples and crunchy brown sugar-cinnamon streusel crumbs, drizzled with apple cider glaze.
Being a food blogger is not such a simple thing as many of my friends think it is. This time I’m not talking about the usual problems that happen in the kitchen like an unsuccessful frosting of a perfectly backed cupcake or the filling is thin for the 1000. time even though you did everything by the book.
But I’m talking about is the reputation that doesn’t allow you any mistakes. And my friends, sitting with a dessert, usually say “Oh, Vera, this is simply fantastic! And you always succeed in everything you try. But I could never do that, and so it’s better that I come to your place for a sweet bite like this”
A few days ago, answering the phone, I heard my best friend: “Vera, when do you have time for me? I have something very important to tell you! I’ll be there in a few hours. And please, make one of your sweet desserts so we could eat something sweet while talking”. And – click, that was it.
If I had the phone number, I would surely have called Superman because I knew what was coming to me! First, searching on Pinterest. Cheesecake, Cupcakes, Cookies?Nooo, maybe this quick Poke Cake? Hmmm these Apple Muffins look fantastic, too. After an “easy” 45 minutes, the decision was made – Cinnamon Apple Crumb Cake!
And even though it all looks so simple, there are a few completely logical questions: “Have I used all the apples on Apple Cookies?”. Of course, then I had to spend 30 minutes in the shop for buying a few apples. After two hours, luckily without any new problems, Apple Crumb Cake began to spread it’s smell through my home, and I remembered my blog.
Well, it wouldn’t be bad to make a photo of this beautiful coffee cake. And of course, as is common in situations like this, the display was showing the (in)famous message “Change the battery”. 30 more minutes for charging the battery and as soon as the photo session was over, I got the SMS “I’m coming in 20 minutes”. Just enough for washing the dishes, too.
And so, 30 minutes later, talking about the newest gossip and enjoying the Cinnamon Apple Crumb Cake, came the usual “Vera, you really are a genius. Only you can make such a sweet cake without any problems. You have to give me the secret one day”.
“Well, it’s really nothing, my dear. You can do it. All you need is a little good will and things are done by themselves!” 🙂
Craving for more delicious apple desserts!? Check these too:
Caramel Apple Cinnamon Roll Lasagna is fun and delicious combo of classic caramel apple pie and yummy cinnamon rolls. This awesome fall treat is delicious dessert, but it is great idea for easy breakfast casserole, too.
Pin Cinnamon Apple Crumb Cake image for later:
Cinnamon Apple Crumb Cake
Prep Time: 20
Cook Time: 40
Yield: 12
Category: Dessert
Method: baking
Cuisine: American

Description
Are you ready for fall baking? Cinnamon Apple Crumb Cake is the perfect dessert for crisp weather coming up.

Ingredients
  • For cinnamon streusel crumb:
  • 1 and 1/2 cups flour
  • 1/2 cup brown sugar
  • 1/4 cup granulated sugar
  • 1/2 teaspoon salt
  • 1 teaspoon cinnamon
  • 1/4 teaspoon nutmeg
  • 1/2 cup butter -melted
  • 1/2 teaspoon vanilla
  • 1 large (or 2 small) tart apples-peeled and chopped
For the cake:
  • 4 Tablespoons butter
  • 1/2 cup granulated sugar
  • 1 large egg
  • 1 teaspoon vanilla
  • 1/2 cup sour cream
  • 1 cup flour
  • 1/4 teaspoon baking soda
  • 1/4 teaspoon salt
  • 1/2 teaspoon baking powder
  • Apple cider glaze:
  • 1/2 cup powdered sugar
  • 1 and 1/2 – 2 Tablespoons apple cider
Instructions
  1. Preheat the oven to 350 F. Grease 8 inch springform pan and line the bottom with parchment paper, set aside.
  2. To make cinnamon streusel crumb, first in a bowl, whisk together dry ingredient. Then add melted butter and vanilla and stir until the mixture is evenly moist, set aside, too.
  3. To make the cake in a large bowl, cream together 4 tbsp butter with 1/2 cup sugar until light and fluffy, then add egg and beat well. Finally, add vanilla and sour cream and beat again.
  4. In another bowl, stir together 1 cup flour, baking soda, salt, and baking powder and add to the butter mixture, stir until just combined.
  5. Spread half the batter at the bottom of the pan ( it will be very thin layer). Spread the apple chunks evenly over the batter, then sprinkle about 1 cup of the cinnamon streusel crumbs over the apples. Spread the remaining batter over the crumbs and on top spread the rest of the cinnamon streusel.
  6. Bake 35-40 minutes or until a tester inserted in the center comes out clean.
  7. Before remove the ring of springform pan run a thin knife around the cake.
  8. To make the glaze, whisk together powdered sugar with apple cider and drizzle over the cake.
Notes
Adapted from neighborfoodblog.com

Nutrition
Serving Size: 1



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