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!

EASY CHRISTMAS BROWNIES {CHRISTMAS TREE BROWNIES}

Quick and easy Christmas brownies recipe (Christmas tree brownies recipe), made with simple ingredients. Fun to make with kids during holiday season.

Since Christmas will be here soon, I wanted to share these easy Christmas brownies. These Christmas tree brownies are just as fun and simple as my Christmas Tree Cupcakes.

THESE ARE THE BEST CHRISTMAS BROWNIES!

They are fun, cute and festive and even kids can make them!




HOW TO MAKE CHRISTMAS TREE BROWNIES? HOW TO MAKE CHRISTMAS BROWNIES?
Slice brownies into triangles.
Stick marshmallow fondant on top with corn syrup or frosting.
Decorate with sprinkles.
Push a small candy cane at the base for the tree bark and enjoy.
HOW DO YOU CUT BROWNIES INTO TRIANGLES? HOW TO CUT BROWNIES INTO TRIANGLES?
Use a sharp knife to cut 3 rows on a pan of brownies.
Then, cut triangle shapes in each row so that all of them are the same size.




TIPS FOR HOLIDAY BROWNIES
Use store- bought fondant, if you are short on time.
Instead of corn syrup, American Buttercream Frosting can be used to stick everything into place too.
Any type of sprinkles can be used.
Instead of fondant, you can just decorate with colorful icing.
Don’t use regular sized candy canes because they are too big to push into the bottom of the brownie and mini ones work best.
Instead of mini brownies, you can make a big giant brownie in the shape of a tree and decorate with fondant, icing and sprinkles.
CHRISTMAS CHOCOLATE BROWNIES

I used Nutella brownies but you can use can also use my Fudgy Brownies with Crackly Tops Recipe. If you are short on time, you can even store-bought brownies or box brownies.




INGREDIENTS

1 pan Nutella brownies Or any brownies of your choice
1 cup Green marshmallow fondant Or store-bought fondant
1/2 tbsp Colorful sprinkles
12 Jumbo round or star candy For topper
2 tbsp Corn syrup For sticking decorations
12 Mini candy canes



INSTRUCTIONS

Use a sharp knife to cut out brownie into triangles.

Brush some corn syrup on top your brownie. Flip over the the brownie because the bottom is smooth.

Roll out green fondant and place your brownie, sticky side down, onto the fondant.

Use a knife to cut off excess fondant, along the sides.

Break a mini candy cane into a few small pieces and stick one piece into the bottom of the triangle.

Paint a zig-zag pattern of corn syrup on top your fondant.

Place the brownie, sticky side down, onto a bowl of sprinkles and the sprinkles will stick to the corn syrup.

Stick a large star or round sprinkle on top of the tree with corn syrup and enjoy!


RECIPE NOTES
Read all my tips above.
Leftovers can be stored at room temperature for up to 2 days.


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