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!

HOMEMADE CHURROS RECIPE

Churros are a typical Spanish dessert that can be bought and enjoyed all over Spain. If you don’t find them in cafeterias, you’ll find stalls selling them on the streets, during fiestas or in special shops called Churrerías.

Imagine deep fried choux pastry dipped in hot chocolate…mmmm…delicious! Now I have to say that my favorite churros come from small stalls. They are large, thick and filling.

I will be bringing you my version of a recipe for homemade churros. They might not be the authentic Spanish churros but they taste pretty close to the ones we tasted on our travels.

And you know what? Making churros from scratch is so easy! Just follow my recipe and you’ll be in for a treat!


Homemade Churros Recipe

Have you ever tasted authentic Spanish churros? If not, put them on your bucket list or make these homemade churros to satisfy your sweet tooth cravings right away!

Ingredients
  • ⅔ cup All-Purpose Flour (110g)
  • ¼ stick Unsalted Butter
  • 1 cup Water (250ml)
  • pinch of Salt
  • 2 tsp Sugar
  • 1 Egg
  • Oil , for frying

Instructions
  1. Place water, butter, sugar & a pinch of salt into a medium size sauce pan. Bring to the boil.
  2. Add the flour and mix vigorously until well blended (the dough will come together in a minute or two).
  3. Remove from the stove and let it cool a bit. Once it is not too hot, add the egg and work the egg into the dough. Try to do it as fast as possible. At the beginning it might look like the churro dough doesn’t wanna bind but take your time it will.
  4. Pour the oil into a large frying pan and heat it up.
  5. Fill a piping bag fitted with star piping tip with half of the dough (it is easier to handle).
  6. Check if the oil is ready for frying by dropping a tiny piece of the dough in. Once the dough turns nice brown, you are ready to pipe the churros in.
  7. Pipe the dough directly into the hot oil (choose any length you like) and cut with a fork (I found fork the best tool for this). Do not pipe too many churros in as they need space for frying. It will take only about 2 minutes for them to get nice golden color and that is a sign they are ready. They should get the color gradually. If you see they are not getting dark evenly, reduce the temperature.
  8. Take them out and place them on a paper kitchen towel to get rid of the excess oil.
  9. When they are still warm, roll each of them in a sugar mixed with ground cinnamon.
  10. Serve warm with thick hot chocolate or chocolate pudding.

Recipe Notes
1. Work the egg fast into the dough it to prevent the egg from cooking. This may be a bit tricky, as the dough is quite hard at this point. If you find it hard to mix with a wooden spoon, use an electric mixer.

2. You can either pipe the churros directly into oil or pipe them onto a sheet of baking parchment first and then place these into hot oil.

BERITA LENGKAP DI HALAMAN BERIKUTNYA

Halaman Berikutnya

Subscribe to receive free email updates:

0 Response to "HOMEMADE CHURROS RECIPE"

Posting Komentar