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!

French Apple Tart

Apple pie is the quintessential American dish, but maybe you want something a little different this Thanksgiving.  This is a French apple tart, a fairly simple and delicious dessert that showcases the wonderful flavour of apples.  Unclouded by spices and excessive sugar, this tart lets seasonal apples shine through.  The recipe is veganized from Williams-Sonoma's Essentials of Baking, but it is a pretty classic and standard dish: a baked apple sauce on the bottom and glazed sliced apples on top.  It is essential that you use baking apples (I used Royal Gala) so that they maintain some texture and don't reduce to total mush.  Then, you can use this basic recipe and go crazy: apple-cranberry-pecan tart, for example.  Feel free to add some cinnamon or nutmeg, or some brandy to the roasted apples.

Tart Pastry
INGREDIENTS
- 1 1/4 cups (200g/6.5 oz) all purpose flour
- 1/2 cup (60g/2 oz) icing sugar
- 1/2 cup (125g/4 oz) cold margarine (Earth Balance)
- 2 tbsp ground flax seed
- 2 tbsp cold water
- 2-3 tbsp cold coconut milk (or soy creamer/milk)

METHOD
1. Whisk together flour and sugar.  Cut in margarine until mixture has large crumbs the size of peas. 
2. Sprinkle flax over the water and 2 tbsp of the coconut milk, then whisk until goopy.  Add to flour mixture and mix with a fork until it comes together into a soft dough, dribbling in more milk if needed.
3.  Press dough into a disc, wrap in plastic, and refrigerate for at least one hour and as much as overnight.
4. When pastry is cooled, roll out into a 12-13 inch circle on a floured surface.  Carefully place dough into a 9.5 inch tart pan, letting the excess hand over the sides. 

Trim overhanging dough to 1/2 inch.  Fold overhang into the pan and press dough into the pan to make a smooth and uniform shell.


5. Place shell in the freezer and preheat oven to 400 degrees.
6. When oven is a heat, line shell with aluminium foil and fill with dried beans. 

Bake for 15-20 mins, or until crust has dried out.  After 15 mins, pull back some of the foil and check if it is wet/oily.  If it is, replace the foil and check again in two mins.
7.  Once dry, remove foil/beans, reduce heat to 350 degrees, and bake for another 3-5 mins, until very lightly golden (you only want to partially bake the crust).  Let cool on a wire rack.


Apple Tart
INGREDIENTS
- 2 lbs cooking apples (about 5), peeled, cored, and cut into uniform chunks (about 1 inch)
- 2 tbsp sugar
- 2 tsp fresh lemon juice
- 1 tbsp margarine, melted

- 2 cooking apples, peeled cored, and thinly sliced
- 1 tbsp margarine, melted
- 1 tbsp sugar
- 1/3 cup apricot jam

METHOD
Preheat oven to 375 degrees
1. Line a baking sheet with parchment paper.  Mix together apple pieces, sugar, lemon juice and melted margarine in a large bowl and spread in a single layer on the baking sheet.  Bake for 20-25 mins, or until soft and mash-able.  Mash until chunky and set aside to cool.
2. When cooled, spread into the cooled tart crust.

3. Layer sliced apples over the apple sauce like you see in the pic below. 

Remember that the apples will shrink when cooked, so don't space them too far apart.  Brush lightly with melted margarine, then sprinkle sugar over top.  Bake for 45-50 mins, unit apples are soft.  Let cool on a wire rack for 30 mins.
4. Heat apricot jam in a small saucepan over medium heat until bubbling.  Strain through a fine mesh sieve, then brush gently over the apples.  Serve at room temp.



more recipes @ vegandad.blogspot.com

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