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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!

VEGAN SANTA HAT CUPCAKES

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Vegan Santa Hat Cupcakes - Quick, easy and totally cute! Recipe by The Petite Cook

How can you possibly resist these all-Christmassy Vegan Santa Hat Cupcakes? 
Christmas is the perfect time of the year to showcase your creativity and put a smile on the face of your loved ones.
These Santa Hat Cupcakes are way too easy to make and the result is a bundle of cuteness! Satisfying your sweet tooth it couldn’t be simpler and healthier. Indeed, these cupcakes are 100% vegan (so dairy free too), and will help you save extra calories during the holidays without sacrificing yourself.
Although there is this myth that vegan means tasteless, trust me, this is just a legend, these cupcakes couldn’t be more sweet and delicious. The secret for making mouth-watering Santa Hats is the cocoa. Investing in very good quality Dutch cocoa powder will give you amazing results.

I also use organic Muscovado sugar, which gives extra sweetness that pairs well with the cocoa and fresh strawberries; if you’re hard time finding it, swap with regular brown sugar. Choosing the right sugar is important when making desserts, each one has unique characteristics, here’s a comprehensive list of popular types of sugar.
You can choose different kind of dairy-free milk, I’ve opted for my homemade Almond milk, which is rich in texture and super energetic. Try with fresh coconut milk or with soy milk, but if  using the second, add 1 tbsp of vinegar to curdle up a little (soy milk is very watery).
This is a brilliant recipe for making a delicious Christmas dessert in less than 30 mins. These allergy-friendly vegan santa hat cupcakes can be easily enjoyed by every guest, and make  a fantastic DIY homemade gift both for kids to grown-ups.

Vegan Santa Hat Cupcakes
 

 
Prep time
Cook time
Total time
 
Chrstmassy Vegan Santa Hat cupcakes are a fun and healthy way to satisfy your sweet tooth during the holidays.
Author: 
Recipe type: Dessert
Cuisine: English
Serves: 36
Ingredients
For the cupcakes:
  • 8fl oz / 230ml almond/soya milk
  • 1 tsp vinegar
  • 5oz / 140g Muscovado sugar
  • 3floz / 90ml very light extravirgin olive oil (or vegetable oil)
  • 1 -1/2 tsp vanilla extract
  • 4oz / 125g plain flour ( use rice flour for gluten-free version)
  • 1- ½ oz / 45g Dutch cocoa powder
  • ¾ tsp bicarbonate of soda
  • ½ tsp baking powder
  • ¼ tsp salt
  • 36 small strawberries, steam cut off
For the frosting:
  • 1 cup vegan butter, very cold
  • 1 -1/2 confectioner's sugar
  • ½ tsp vanilla extract
Instructions
  1. In a large bowl whisk together almond milk, sugar, oil and vanilla. Whisk until foamy.
  2. In a separate bowl combine the remaining dry ingredients.
  3. Gradually pour the wet mixture into the dry one, while mixing. Whisk until all ingredients are combined and you have a rich creamy texture.
  4. Pour the mixture into a cupcake pan lined with paper liners, filling ¾ of each.
  5. Bake in a preheated oven to 350F/175C until a toothpick inserted in the center of the cupcakes comes out clean, about 13 mins.
  6. While the cupcakes are baking, make the frosting.
  7. In a large bowl beat together butter and half the sugar, until smooth. Continue beating, gradually adding the remaining sugar and vanilla extract, until you have a rich fluffy texture.
  8. Transfer into a piping bag and refrigerate until ready to use.
  9. When the cupcakes are done, allow to cool. Top each one with the frosting, sit a strawberry in the middle and top with a tiny pinch of frosting for making the Santa hat.
  10. Serve immediately or store in an air-tight container and refrigerate until ready to serve.
  11. Enjoy and Merry Christmas!
Notes
The cupcakes recipe is slightly adapted from the VeganSociety.
Makes 36 mini cupcakes or 20 regular ones.

more recipes @ ttps://www.thepetitecook.com

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