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!

BACON CHEDDAR POPOVERS

Take your dinner rolls to the next level with these Bacon Cheddar Popovers! They’re just like traditional popovers – light, airy, and crispy around the edges – with the delicious addition of bacon and cheddar cheese.
These popovers are the perfect side dish for any meal and can even double as breakfast. And best of all, they’re so easy to make.
Just 6 ingredients and 5 minutes of prep is all it takes for these yummy bacon & cheese popovers – guaranteed to become a favorite!
I partnered with Pick ‘n Save to bring you this recipe. Thank you for supporting the brands that make Lemon Tree Dwelling possible!

When it comes to bread, I think it’s safe to say that muffins are my favorite. Whether they’re sweet, like these Blueberry Granola Muffins, or savory, like these Breakfast Egg Muffins, or somewhere in between, like these Maple Bacon Pancake Muffins, I’m pretty much always a fan.
And as much as I love eating them, I love making them, too! Because they’re quick…and easy…and nearly impossible to mess up. Which, quite honestly, is the only kind of recipe I really want in my life. (Who’s with me!?)
But every now and then, I get a craving for a different kind of bread. Something more crusty, more airy, less dense. Something like these Bacon Cheddar Popovers!

They’re just as quick and easy and fool-proof as muffins….but with all those other delicious bread qualities that muffins just can’t offer. Like a crusty outside and a light, hollow inside and that airy texture that popovers are known for.
And these Bacon Cheddar Popovers have the added deliciousness of bacon and cheese, which clearly make everything better.
We’ve been enjoying them as a dinner side dish and we’ve especially been loving them for breakfast. Nothing beats a popover fresh out of the oven, and between the eggs and the cheese and the bacon? They’re like a complete meal all in one. Next up on my list? I can’t wait to try these sweet Churro Popovers….yum!

And since I like to keep things simple, you better believe I grabbed all the ingredients for these popovers at my favorite grocery store, Pick ‘n Save. I love that I can always find exactly what I need when I shop at Pick ‘n Save….even if it’s just 6 ingredients!
For this recipe I used Roundy’s eggs, milk, and cheese…because I love the fact that they’re all made right here in Wisconsin. And, of course, I had to throw in a few of my favorite Simple Truth products, as well.
I know I’m not the only one who wants things to be EASY…and shopping at Pick ‘n Save always makes my feel easier.

WHAT IS A POPOVER?

A popover is a light, hollow roll made from an egg batter similar to that of Yorkshire pudding. Popovers are made either in muffin pans or popover pans, which are similar to muffin pans but are taller and have steep-sided wells. This forces the batter upwards and results in a popover with a puffy dome and crispy sides.

CAN YOU MAKE POPOVERS IN A MUFFIN PAN?

Yes. If you don’t own a popover pan, you can absolutely use a muffin pan. Popovers made in a muffin pan will not be as tall as those made in a popover pan.

WHAT CAUSES POPOVERS TO FALL?

There are a number of reasons popovers might fall after being removed from the oven:
  1. Underbaking them. Be sure you bake your popovers for the time indicated on the recipe. Popovers should be well-browned and firm to the touch.
  2. Opening the oven door. Be sure to leave the oven door shut during the first 20 minutes of baking. Opening the door can let in cool air, which can cause popovers to collapse.
  3. Using small eggs instead of large eggs to make the batter can cause popovers to fall.


Bacon Cheddar Popovers

Take your dinner rolls to the next level with these Bacon Cheddar Popovers! They're just like traditional popovers - light, airy, and crispy around the edges - with the delicious addition of bacon and cheddar cheese.
These popovers are the perfect side dish for any meal and can even double as breakfast. And best of all, they're so easy to make.
Just 6 ingredients and 5 minutes of prep is all it takes for these yummy bacon & cheese popovers - guaranteed to become a favorite!
 Course Breakfast, Side Dish
 Cuisine American
 Prep Time 5 minutes
 Cook Time 40 minutes
 Total Time 45 minutes
 Servings 6
 Calories 424 kcal
 Author Cathy Trochelman

Ingredients

  • 1 c. Roundy's milk
  • 2 large Roundy's eggs
  • 1 Tbsp. canola oil
  • 1 c. all-purpose flour
  • 1/4 tsp. salt
  • 3/4 c. Roundy's shredded cheddar cheese
  • 6 pieces Simple Truth bacon, cooked
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Instructions

  1. Preheat oven to 400°.
  2. Spray the cups of a popover pan or muffin pan with non-stick cooking spray.

  3. In a large mixing bowl, whisk together milk, eggs, and oil. Add flour and salt; whisk until smooth.

  4. Stir in shredded cheese and cooked, crumbled bacon.

  5. Fill popover cups half full.

  6. Bake at 400° for 35-40 minutes, until popovers are firm. Popovers are best when served immediately.

Nutrition Facts
Bacon Cheddar Popovers
Amount Per Serving
Calories 424Calories from Fat 216
% Daily Value*
Total Fat 24g37%
Saturated Fat 10g50%
Cholesterol 111mg37%
Sodium 450mg19%
Potassium 189mg5%
Total Carbohydrates 32g11%
Dietary Fiber 1g4%
Sugars 2g
Protein 17g34%
Vitamin A9%
Calcium27.3%
Iron13.4%
* Percent Daily Values are based on a 2000 calorie diet.




more recipes @ www.lemontreedwelling.com 





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