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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!

RHUBARB BARS

, Edit
Rhubarb bars with a shortbread crust and tangy rhubarb custard filling are a fun, easy spring dessert. Browse my blog for all the best rhubarb recipes on the internet. 
This recipe was originally published in May 2014. I updated the pictures and text in May 2018, recipe remains the same. I added some additional notes, based on issues a few people had.

Can you believe I’ve been blogging for 4 years now? It’s hard for me to believe. I feel like it is cliche to say that though. These rhubarb bars were the 11th recipe I ever published. Kind of scary to look back at those first posts. But these rhubarb bars were the first one to be very popular and it’s still one of the most popular rhubarb recipes on Pinterest. Btw, do you follow me on Pinterest? You should!
These rhubarb bars feature all the goodness of spring. The simplicity of the recipe allows the rhubarb to shine in all its tangy glory. To highlight the freshness of the rhubarb, the crust is a simple shortbread, made from a crumb mixture of flour, sugar and butter. The buttery sweetness of the crust perfectly complements the zing of the rhubarb and with less than an hour from start to finish, what excuse do you have for not making them?

Rhubarb bars with a shortbread crust and tangy rhubarb custard filling are a fun, easy spring dessert. Visit my blog for all the best rhubarb recipes on the internet.

INGREDIENTS
For the crust
  • 1 and ½ cups flour
  • ¾ cup cold butter, cubed
  • ¼ cup powdered sugar

For the filling
  • 3 large eggs, beaten
  • 2 cups white sugar, you may reduced this down to one cup if you prefer more tart dessert
  • ½ cup flour
  • ½ tsp salt
  • 4 cups rhubarb, diced

INSTRUCTIONS
  1. Preheat oven to 350 F. In a medium bowl, combine the flour and powdered sugar. Using a pastry blender cut in butter until the mixture resembles coarse crumbs.
  2. Pat the crumbs into a well greased 9 x 13 in baking pan. Bake the crust at 350 F for 10-12 min or until lightly browned.
  3. While the crust is in the oven, mix together eggs, sugar, flour and salt.
  4. Gently stir in the diced rhubarb. Pour the rhubarb mixture over the hot crust. Return bars to the hot oven. Reduce oven temperature to 325 F and bake for 30-35 min or until the filling is set and no longer jiggly
  5. Cool for 30 mins on the counter and the refrigerate until chilled before cutting into bars.

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