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!

BROWNIE PECAN PIE OOEY GOOEY BUTTER CAKE

BROWNIE PECAN PIE OOEY GOOEY BUTTER CAKE
Brownie Pecan Pie Ooey Gooey Butter Cake A fudge brownie layer, topped with a pecan pie filling and then a cheesecake layer. Ooey gooey cake at it’s best!
BROWNIE PECAN PIE OOEY GOOEY BUTTER CAKE
I just can’t stop making these cakes and the flavor combinations just get better and better. I know I said last time but this is one is the best one so far! Chocolate and ooey gooey pecans…. that just about covers it! I wish I had thought to weigh this cake before I took pictures because as I was carrying it back into the kitchen I realized that I think this cake must of weighted like 7 lbs! I’m sure it didn’t but this is a lot of cake, trust me. You don’t need a big piece either or for sure you might go into a sugar coma. Regardless, it is so good that you just don’t need to think about it, just grab a fork and dig in.
The brownie layer is so fudgey, then you have a layer of pecans with some of the pie filling mixture and topped with a cheesecake topping.
You can see in the picture above how I did the cheesecake topping. Just evenly dollop the cheesecake layer on top of the pecan pie filling. The pecan filling will bake into the cheesecake and the brownie layer.
BROWNIE PECAN PIE OOEY GOOEY BUTTER CAKE
Author: Mary Ellen
Recipe type: Dessert
Prep time: 20 mins
Cook time: 1 hour
Total time: 1 hour 20 mins
Serves: Serves 12
A fudge brownie layer, topped with a pecan pie filling and then a cheesecake layer. Ooey gooey cake at it's best!

INGREDIENTS
Base
  • 1 18.3 oz. fudge brownie mix
  • 1 egg
  • 6 tablespoons melted butter
  • 1/4 cup water
Pecan Pie Filling
  • 3 large eggs
  • 1 cup light corn syrup
  • 1/3 cup packed light-brown sugar
  • 1/4 cup granulated sugar
  • 4 tablespoons butter, melted
  • 2 teaspoon vanilla extract
  • 1/2 teaspoon salt
  • 2 cups pecan halves
Topping
  • 1 8 oz. cream cheese, room temperature
  • 3 eggs
  • 1 teaspoon vanilla
  • 1/2 cup butter, melted
  • 3 cups confectionery sugar
INSTRUCTIONS
  1. Preheat oven to 325 degrees. Spray a 9 x 13 pan.
  2. Add all of the base ingredients to a mixing bowl. Mix until it comes together. If some won't mix in add another tablespoon of water. This batter will be really thick.Spread it out on the bottom of the pan. Pat the dough into place.
  3. In another mixing bowl add all of the filling ingredients except the pecans. Whisk together until all is blended together. This will take a couple of minutes with a mixer or a whisk. Add the pecans. Stir in. Spread out on top of brownie base, getting the pecans as even as you can.
  4. Mix together the cheesecake mixture in a mixing bowl until thoroughly combined. Drop by large tablespoons over pecan filling like shown in the picture above. Carefully put this in the oven.
  5. Bake until the center shakes slightly. If you touch down on the cheesecake part it will feel firm. It will just be starting to turn brown. Start checking this at about 50 minutes. Mine took 1 hour and 10 minutes.



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