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!

Buttermilk Pancakes Recipe

I’m honestly shocked that it’s taken me over five years to publish my recipe for buttermilk pancakes. I mean, they’re one of my all-time favorite foods and I’m sure they’re a popular breakfast in your family as well!

I love pancakes because they’re the perfect vessel for maple syrup, and I REALLY love maple syrup, but that’s not the only reason. In all actuality, I love that they’re fluffy and buttery, and always manage to hit the spot.

This buttermilk pancake recipe might actually be the ultimate comfort food in my book, be it breakfast or dinner
  • 1 3/4 cup all-purpose flour
  • 2 teaspoons baking powder
  • 1/2 teaspoons baking soda
  • 1/4 cup granulated sugar
  • 1/4 teaspoon kosher salt
  • 3 tablespoons unsalted butter melted and cooled
  • 1 large egg room temperature
  • 1 1/2 cups buttermilk room temperature
  • cooking spray for cooking
  • butter topping
  • maple syrup topping

  1. Preheat the oven to 200 degrees F and place a large baking sheet in the oven.
  2. Whisk together the melted butter (make sure it has cooled a bit but is still liquid), egg, and the buttermilk in a large bowl. Sift the flour, baking powder, baking soda, sugar, and salt into the bowl with the wet ingredients and whisk until flour is just combined. The batter will be a little lumpy. Let the batter rest for 5 minutes.
  3. While the batter is resting, preheat a nonstick pan or griddle and spray with cooking spray. Once the batter is ready, use a 1/3 cup measuring cup to scoop and pour the batter onto the cooking surface, use the back of the measuring cup to work the batter in a circular motion to spread it out to about 6 inches wide.
  4. Cook until bubbles form around the edges and in the middle of the pancake, about 1 1/2 to 2 minutes. Use a pancakes spatula to flip the pancakes and cook the other side for about 1 minute.
  5. Transfer cooked pancakes to the baking sheet in the oven to keep warm while you finish cooking off the rest of the batter.
  6. Top pancakes with butter, maple syrup, and fruit. 

Recipe Notes
  • It is very important that you do not overmix your batter, you actually want to see some lumps, if you overmix it you'll likely end up with chewy pancakes instead of fluffy ones.
  • Buttermilk cannot be substituted for traditional milk or non-dairy milk, other components of this recipe depend on the acid from the buttermilk to bring it together.
  • Let your batter rest for 5 minutes after mixing before you begin cooking. This lets the ingredients activate, leading to nice, fluffy, and delicious pancakes.
  • To get all your pancakes the same size, use a measuring cup instead of pouring from the bowl into the pan.


Halaman Berikutnya

Subscribe to receive free email updates:

0 Response to "Buttermilk Pancakes Recipe"

Posting Komentar