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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!

CHOCOLATE CHIP CRUMB CAKE

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CHOCOLATE CHIP CRUMB CAKE
CHOCOLATE CHIP CRUMB CAKE IS SO FULL OF CHOCOLATES, FROM THE INSIDE TO THE OUTSIDE. SO GOOD IT WILL BE GONE IN SECONDS.
Have you ever eaten such a delicious cake that it is so good it doesn’t even need icing? If not then this will be your first. This loaf cake not only has a streusel topping but is also loaded with mini chocolate chips.
For me there aren’t many things better than Chocolate, especially when it comes in a Cake or Cookie form, and these Nutella Chocolate Peanut Butter Bars were full of chocolate chips too!
I first started making this cake about 5 years ago. But to tell you the truth, lately I have really started getting into baking with greek yogurt and loving it, and white chocolate chips aren’t so bad either. So I decided to change it up a bit and it has become one of my favourites.
It is also wonderful served as a Breakfast Cake, Snack or as a Dessert when you have a get together.
When I make it, I usually make it in a loaf form but I am sure cupcakes or even a small cake form would work well also. I’m sure any fomr you decide to bake this cake it will be delicious. How could it not be with all those chocolate chips!
CHOCOLATE CHIP CRUMB CAKE
Just make sure you start to watch it at about 50 minutes into baking because you don’t want an over done Chocolate Chip Crumb Cake.
I would also advise you to let it cool before cutting and if it lasts long enough it is even better the day after. Now I am off to brew another cup of coffee and yeah why not eat another slice. Enjoy!
Chocolate Chip Crumb Cake
Prep Time 20 mins
Cook Time 1 hr
Total Time 1 hr 20 mins
Chocolate Chip Crumb Cake, a delicious cake filled with chocolate chips and topped with an amazing chocolate chip crumb topping.
Course: Dessert
Cuisine: American
Servings: 10 servings
Calories: 436 kcal
Author: Rosemary

Ingredients
CAKE BATTER
  • 1 1/4 cups flour (175 grams)
  • 1/4 cup cake flour (35 grams)
  • 1/2 cup butter (113 grams)
  • 3/4 teaspoon baking powder (3 grams)
  • 1/4 teaspoon baking soda
  • 3/4 cup sugar (150 grams)
  • 1 egg
  • 1 teaspoon vanilla (5 grams)
  • 1/2 cup + 1 tablespoon greek yogurt (I used 0% fat), or sour milk or buttermilk (151 grams)
  • 1/3 cup mini unsweetened chocolate chips (60 grams)
  • 1/3 cup mini white chocolate chips (60 grams)
CRUMB TOPPING
  • 1/2 cup flour (70 grams)
  • 1/2 cup brown sugar (85 grams)
  • 1/2 cup butter (112 grams)
EXTRA TOPPING
  • 1/2 cup mini unsweetened chocolate chips (90 grams)
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Instructions
  1. Pre-heat oven to 375° (190° celsius). Lightly grease and flour a 9x4" (23 x 10 centimeter) loaf pan.
CRUMB TOPPING
  1. In a medium bowl mix together flour and sugar, add butter and mix until it becomes coarse crumbs. Set aside.
CAKE BATTER
  1. In a medium bowl whisk together flours, baking powder and baking soda.
  2. In a small bowl toss together chocolate chips and 1 tablespoon of whisked flour mixture. Set aside.
  3. In a medium bowl cream butter till creamy about 3 minutes, add sugar and beat well, add egg and beat for 30 seconds then beat in vanilla.
  4. Add the flour and greek yogurt alternatively, starting and ending with flour to the creamed mixture (3x flour and 2x yogurt). Scrape down the sides of the bowl after each addition.
  5. Stir in the chocolate chips.
  6. Spoon the batter into the prepared loaf pan, smooth the top. Sprinkle crumb topping evenly on top of the loaf.
  7. Bake the loaf for 50-60 minutes or until tooth pick comes out clean.
  8. Remove from oven and immediately sprinkle with 1/2 cup unsweetened chocolate chips. Let cool completely before serving. Enjoy!
Nutrition Facts
Chocolate Chip Crumb Cake
Amount Per Serving
Calories 436
* Percent Daily Values are based on a 2000 calorie diet.

Adapted from Brown Eyed Baker via Piggy’s Cooking Journal



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