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!

Blueberry Lemon Pie Bars

I have been loving the whole “pie in bar form” this summer. It really just does make sharing much easier! Not to say I won’t be venturing into the pie-in-a-pie-dish soon (especially so I can cross a couple things off of my list), but for parties with lots of people enjoying dessert: pie bars are the way to go!

I originally whipped up this recipe for the party that I took my fluffernutter bars and key lime pie bars to, but I wasn’t completely sold on them. Don’t get me wrong, they were delicious, but they were a bit too sweet for my liking, and I thought they needed some sort of topping– not quite a streusel but not a crust either. That’s why I have taste-testers, people (and I’m always looking for new tastebuds)!
This bar starts with a shortbread crust. One of my absolutely favorite food bloggers put out a cookbook in March and this crust is featured on her lemon bars. As I was perusing her cookbook one day, I made sure to mark the page, because the crust sounded so good. Once I tried it, I was in buttery love, and I actually didn’t feel I wanted to alter it at all (which doesn’t happen to me a lot). The only thing I changed about it was adding the lemon zest. You can find her cookbook here.

You’re actually going to reserve some of the shortbread crust for the topping. Once the crust is all mixed up, you’ll remove 3/4 of a cup, pop it in the fridge or freezer (because it has melted butter in it and will be quite soft), and once you’re ready to use it, it should be nice and easy to crumble over the top. If necessary, you can separate into crumbs with a knife or fork. I sprinkled a little extra sugar on top, just for some sparkle and a little added sweetness.

Creamy and sweet pie bursting with blueberries and citrusy lemon on top of shortbread crust. In portable bar form!

Ingredients
SHORTBREAD CRUST
  • 1 cup (2 sticks) unsalted butter, melted
  • ½ cup granulated sugar (plus more for sprinkling)
  • 2 teaspoons vanilla extract
  • ½ teaspoon salt
  • the zest of one lemon, divided
  • 2 cups all-purpose flour

FILLING
  • 8 ounces cream cheese, softened to room temperature
  • 2 large eggs
  • 1 cup granulated sugar
  • 1-5.3 ounce container lemon flavored Greek yogurt
  • 2 teaspoons lemon juice
  • pinch of salt
  • ½ cup all-purpose flour
  • 3 cups blueberries (fresh or frozen-- if using frozen, do not thaw)

Instructions
  1. Preheat oven to 350ºF. Line an 8″ x 8″ or 9″ x 9″ baking pan with foil. Leave an overhang on the sides. Set aside.
SHORTBREAD CRUST
  1. Stir the melted butter, granulated sugar, vanilla extract, salt, and half of the lemon zest together in a medium bowl. Add the flour and stir until combined.
  2. Reserve ¾ cup of the shortbread crust and place in the refrigerator or freezer until needed.
  3. Press remaining crust evenly into the prepared pan. Bake for 18 minutes while you prepare the filling.
FILLING
  1. In the bowl of a stand mixer fitted with the paddle attachment, or in a medium sized bowl with a hand mixer, beat cream cheese on high until smooth. Beat in eggs, scraping down the sides as necessary. Add sugar, lemon flavored Greek yogurt, remaining lemon zest, lemon juice, and salt and beat again. Add flour and beat one more time until just combined. Gently fold in blueberries with a spoon or spatula.
  2. Pour filling into prepared crust and add a few blueberries on top of filling. Remove reserved crust from refrigerator and crumble over top of the filling (you may need to separate into crumbs with a knife or fork). Sprinkle with coarse sugar, if desired. Bake bars for 55-60 minutes minutes, or until toothpick placed in center of pan comes out mostly clean. Allow pan to cool at room temperature on a wire rack. When completely cool, chill in the refrigerator for 1 hour.
  3. When bars are completely chilled, lift out of the pan using foil overhang and cut into squares. Top with lemon zest before serving. Bars can be stored covered in the refrigerator up to 5 days.
Notes
Shortbread crust from Sally's Baking Addiction

Recipe Source:freshaprilflours.com

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