» » FRESH PEACH ICE CREAM WITH VANILLA- SCENTED PEACHES

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!

FRESH PEACH ICE CREAM WITH VANILLA- SCENTED PEACHES

This recipe has been featured in a menu on the site: Labor day Gourmet Grilling Party Menu




FRESH PEACH ICE CREAM W/ VANILLA-SCENTED PEACHES


Perfect for summer... when peaches are plentiful and juicy and ripe.

yield: 1 1/2 QUARTS

PREP TIME:40 MIN + CHILLING AND PROCESSING TIMECOOK TIME:

INGREDIENTS:
ICE CREAM:
1 1/2 pounds peaches, peeled, pitted, sliced; peels and pits reserved
2 Tablespoons fresh lemon juice
2 cups heavy whipping cream
1 cup whole milk (do not use low-fat or nonfat)
1 (1-inch piece) vanilla bean, split lengthwise

4 large egg yolks
3/4 cup granulated white sugar
1/2 cup light corn syrup

PEACHES:
1 (2-inch piece) vanilla bean, split lengthwise
1/4 cup dry white wine
3 Tablespoons sugar
4 peaches, peeled, pitted, sliced


DIRECTIONS:
1. Prepare ice cream base: Place peach slices in large bowl; add lemon juice and toss gently; cover and refrigerate. Combine peach peels, pits, cream, milk and vanilla bean in heavy large saucepan and bring to simmer. Reduce heat to very low and barely simmer 20 minutes.
2. Strain cream mixture through sieve into heavy medium saucepan. Whisk yolks and sugar in medium bowl to blend. Very gradually whisk in hot cream just a spoonful at a time to temper the mixture (you don't want the egg to cook, so be sure to do at the hot cream just a little at a time). Return mixture to same saucepan; stir over medium-low heat until custard thickens and leaves path on back of spoon when finger is drawn across, about 10 minutes (do not boil). Strain through sieve into bowl. Mix in corn syrup. Chill custard until cold (preferably overnight).

3. When custard is completely chilled, you can proceed with making the ice cream. Puree chilled peach slices in processor. Add 1 cup custard; blend until smooth. Whisk into remaining custard. Transfer to ice cream maker; process according to manufacturer's instructions. Transfer to covered container and freeze. (Can be made 2 days ahead.)

4. Prepare vanilla peaches: Scrape seeds from vanilla bean into heavy small saucepan; add bean too. Add wine and sugar and stir over low heat until sugar dissolves. Increase heat and bring to boil Pour syrup into medium bowl. Discard bean. Refrigerate until cold. Add peaches to syrup and toss to coat.

5. Serve ice cream topped with peaches.


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