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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!

EASY LEMON MERINGUE PIE

Kamis, 11 April 2019 pie Edit

EASY LEMON MERINGUE PIE

Quick and easy lemon meringue pie recipe from scratch, homemade with simple ingredients. A butter pie crust, topped off with lemon curd, meringue topping.

INGREDIENTS

Pie Crust

1.63 Frozen pie crust 9 inch, Baked and Cooled

Lemon Pie Filling

2.17 cups Water

0.54 cup Cornstarch

1.63 cup Granulated sugar

0.81 cup Lemon juice

1.63 tbsp Lemon zest

8.13 Egg yolks From large eggs

3.25 tbsp Butter Unsalted

Meringue Topping

8.13 Egg whites From large eggs

0.81 tsp Cream of tartar

1.63 tsp Cornstarch

0.81 cup Granulated sugar

INSTRUCTIONS

Bake the pie crust, according to package instructions until golden brown. Then, allow it to cool down completely.

Without turning on the heat, place a nonstick saucepan on the stove.

Add water and cornstarch and whisk them together until fully dissolved.

Turn on the heat to “medium” and add sugar, lemon juice, lemon zest and continue cooking, whisking often until mixture thickens. This takes about 5-6 minutes. Reduce the heat to “Low.”

In another mixing bowl, whisk together the egg yolks.

Now, temper the egg yolks. This has to be done properly or else the mixture will become lumpy. Pour 5-6 spoonfuls of the lemon mixture slowly in the bowl of beaten egg yolks, while constantly whisking. Increase the heat to “medium.” Then, add this egg mixture back into the saucepan, while constantly whisking. Continue cooking until mixture becomes smooth, thick and very bubbly.

Remove saucepan from heat and mix in the butter.

Pour filling in the baked pie crust. Keep aside. Don’t chill yet.

Make the meringue now. In a mixing bowl, add egg whites, cream of tartar, cornstarch and beat them until “soft peaks” form. Then, add sugar and continue mixing until “stiff peaks” form.

Spread this meringue on top of the lemon filling. Use the back of a spoon to make rustic peaks. Make sure to spread the meringue to the edges so that it’s touching the crust because that seals the two layers together and prevents “weeping” and shrinking away while baking.

Bake at 350 degrees for about 10-15 minutes or until the meringue is browned.

Allow the pie to cool down to room temperature.

Chill in the fridge for at least 6 hours for all the layers to firm up. Enjoy!

RECIPE NOTES

Read all my tips above.

Tastes best when served on the first day but leftovers can be stored in a sealed container in the fridge for up to 2 days.

Nutrition Facts

Easy Lemon Meringue Pie

Amount Per Serving

Calories 356Calories from Fat 108

% Daily Value*

Total Fat 12g18%

Saturated Fat 4g20%

Cholesterol 129mg43%

Sodium 167mg7%

Potassium 113mg3%

Total Carbohydrates 56g19%

Sugars 38g

Protein 5g10%

Vitamin A5%

Vitamin C8.3%

Calcium2.1%

Iron5.5%

* Percent Daily Values are based on a 2000 calorie diet.

Adapted by cakewhiz.com

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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!