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!

Apple Jelly

Apple jelly is a small bite of heaven. Subtle in flavour, delicate in texture, and deliciously sweet. Perfect on a piece of toast for breakfast. Like most jellies, apple jelly is more work than your standard fruit jam because the juice needs to first be extracted from the apple. This is an old style jelly that does not rely on commercial pectin to set, but the extra work is well worth the end result.

INGREDIENTS
Makes four 500ml jars of jelly
Apple Juice
- 10 lbs cooking apples
- water

Jelly
- 8 cups apple juice (from above)
- 1/4 cup lemon juice
- 6 cups sugar

METHOD
1. Remove stem and blossom end from the apples, then quarter (no need to core). Place in a large pot and cover with water. Bring to bubbling, then loosely cover. Reduce heat and cook for about 20-30 mins, mashing the apples as they soften. Don't cook too long, just until the apples are soft and easily mash-able.
2. Line a large colander with a wet tea towel and place over a large pot or bowl. Dump cooked apples into the colander and let drain for at least 2 hours. The juice will be thick, clear, and slightly pink.
3. Measure out the juice to make sure you have 8 cups. Place in a large pot, add lemon juice and sugar. Bring to boiling over med-hi heat. Boil hard for about 25 mins, stirring regularly. The jelly should sheet off a cold metal spoon when it is ready. Quite frankly, I have never figured out exactly what this means. You will find that the jelly will begin to coat the spoon you are using to stir the jelly.
4. Skim off foam, pour jelly into sterilized and warm jars, screw on lids finger tight, then process in boiling water (making sure jars are fully submerged) for 10 mins. Remove from heat, remove lid, and let cool for 5 mins. Remove from water and let fully cool. Jelly will fully set as it cools.



more recipes @ vegandad.blogspot.com

BERITA LENGKAP DI HALAMAN BERIKUTNYA

Halaman Berikutnya

Subscribe to receive free email updates:

0 Response to "Apple Jelly"

Posting Komentar