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!

Autumn Chocolate Cake ( Vegan & Gluten-Free )



Special thank you to Amore di Mona for sponsoring this post.
Autumn really is one of my favourite seasons, the colours, the chill in the air yet still plenty of warm days, not forget the incredible Farmers markets. And today I have another Autumn inspired recipe for you – an Autumn Chocolate Cake.
It’s a rich indulgent cake with a simple decoration of chocolate leaves, figs and blackberries that I hope will inspire your baking.
This cake is an adaptation of my Sachertorte that I’ve created for Amore di Mona last year. It’s a really lovely moist cake and you will never be able to tell that it’s vegan and gluten-free. It’s that good.
As with all of my cakes it’s minimally sweetened, just enough to enhance the flavours of other ingredients and to taste the beautiful decadent flavour of the dark chocolate. I’ve chosen to coat the cake with a fig jam, please feel free to use any of your favourite jam.
When making the chocolate leaves choose freshly fallen leaves so they keep strong once being peeled off. Coat the bottom part of the leaf where the veins appear more prominent. Experiment with a variety of leaves, some are easier to work with than others.




INGREDIENTS

  ·      70g brown rice flour (1/2 cup)
  ·      35g buckwheat flour (1/4 cup)
  ·      70g sunflower seeds (1/2 cup), ground into flourconsistency
  ·      30g tapioca flour (1/4 cup)
  ·      75g rapadura sugar (1/2 cup)
  ·      1tsp baking powder
  ·      1tsp bicarbonate of soda
  ·      pinch sea salt
  ·      3tbsp ground flaxseed + 9tbsp water
  ·      80ml olive oil (1/3 cup)
  ·      80ml plant milk (1/3 cup)
  ·      2tsp apple cider vinegar
  ·      1tsp vanilla extract
  ·      150g Amore di Mona chocolate or dark vegan chocolate (5.3oz)
         
  ·      Topping:
  ·      fig jam or jam of your choice
  ·      100g Amore di Mona chocolate or dark vegan chocolate (3.5oz)
  ·      fresh figs and blackberries
         
  ·      Chocolate leaves
  ·      100g Amore di Mona chocolate or dark vegan chocolate (3.5oz)
  ·      selection of fresh autumn leaves

INSTRUCTIONS

1.     Mix 3tbsp ground flaxseed with 9tbsp water and set aside to thicken.

2.     Preheat the oven to 180°C (350F)

3.     Grease and line the base and dust the sides of 8" round cake spring form baking tin.

4.     In a large bowl whisk together brown rice flour, buckwheat flour, ground sunflower seeds, tapioca flour, sugar, baking powder, bicarbonate of soda and salt.

5.     In a small bowl whisk together flax eggs, olive oil, plant milk of your choice, apple cider vinegar and vanilla.

6.     Roughly chop the chocolate, place into heatproof bowl and gently melt in a double boiler.

7.     Add the wet mix to the dry mix and mix until well combined. Fold in the melted chocolate.

8.     Spoon the mixture into the cake tin and level out the surface.

9.     Bake for about 25 minutes or until a cocktail stick comes out with just few crumbs left on.

10.  Remove from the oven and leave to cool down for 20 minutes before carefully moving onto a wire rack.

11.  Once the cake is completely cooled use brush or spatula to coat the whole cake with a very thin layer of jam. Leave to set.

12.  Roughly chop the chocolate for coating, place into heatproof bowl and gently melt in a double boiler. Stir until smooth. Pour over the cake and use spatula to gently smooth the chocolate over the edge and around the side of the cake.

13.  Carefully transfer onto serving dish.

14.  Gently melt the chocolate to make the chocolate leaves. Wash and pat dry the leaves. Line a baking sheet with some greaseproof paper. Using brush coat the bottom part of the leaves with a layer of chocolate and place onto the sheet with the chocolate side up. Place into freezer until set. Very gently peel the leaves off.

15.  Carefully arrange your chocolate leaves, figs and blackberries on top of the cake. Decorate with flowers if you wish.

16.  Enjoy!





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