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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 ROLL CAKE WITH CREAM CHEESE FROSTING

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CINNAMON ROLL CAKE WITH CREAM CHEESE FROSTING 
Light and tender cinnamon roll cake with cream cheese frosting. All of the flavors I love from a cinnamon roll, in a delicious, easy cake recipe.
This Cinnamon Roll Cake with Cream Cheese Frosting is lick-your-plate, DELICIOUS. All of the warm, ooey gooey, cinnamon taste you love from a cinnamon roll, without any of the fuss. No rolling, rising, etc.
With just 15 minutes prep time, it’s SOO easy, and the end result is a delicious, moist, cinnamon roll cake that will make the people in your life very, very happy!
Light and tender cinnamon cake with cream cheese frosting. 

Ingredients
For the Cake
  • 1 1/2 cups all-purpose flour
  • 1/2 cup granulated sugar
  • 2 tsp baking powder
  • 1/4 tsp salt
  • 3/4 cup milk
  • 1 egg
  • 1 tsp vanilla
  • 1/4 cup butter , melted
For the Cinnamon Swirl:
  • 1/2 cup butter , softened
  • 1/2 cup brown sugar
  • 1 Tbsp flour
  • 1 Tbsp cinnamon
For the Cream Cheese Frosting:
  • 1 cup powdered sugar
  • 2 Tbsp butter , softened
  • 4 oz cream cheese
  • 1-2 Tbsp milk
  • 1/2 tsp vanilla

Instructions
  1. Preheat oven to 350 degrees F. Grease an 8x8'' baking dish.
  2. In a large bowl combine the flour, sugar, baking powder, salt, milk, egg and vanilla. Stir in melted butter. Pour mixture into prepared pan and smooth into an even layer.
  3. Make the cinnamon swirl topping by combing all ingredients together until smooth.
  4. Drop small spoonfuls of the mixture evenly over the top of the cake batter. Use a knife to swirl through the cake and disperse the mixture throughout the cake batter.
  5. Bake 32-37 minutes or until a toothpick inserted in the center comes out clean. Drizzle cream cheese frosting over warm cake. Serve warm.
  6. For the Cream Cheese Frosting, cream the butter and cream cheese together. Add powdered sugar, vanilla, and enough milk to make a smooth, soft frosting. Drizzle frosting over the cake with a spoon (or use a ziplock bag like I did--just snip a hole out of one of the corners and add the frosting).
  7. This cake is best served the same day.
Recipe Notes
Adapted from here
Tips for applying the frosting and storing this cake are listed in the post above.

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