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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!

Cinnamon Butterflake Rolls

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Do you love cinnamon rolls, but hate all the work preparing them?  Well, these Cinnamon Butterflake Rolls are made for you :)  They are a cinch to throw together and taste incredible.

Warm, cinnamon sugar rolls, that pull apart into soft flakey layers and are smothered in a sweet vanilla glaze, doesn't get much better than that.  Totally mouthwatering.  I make shortcut butterflake rolls all the time and this cinnamon version is right up there with my favorite orange version and garlic parmesan version.  

Let me show you how easy these are to make . . .
First, get all of your ingredients ready.  You will need thawed Rhodes Rolls, brown sugar, cinnamon, melted butter, powdered sugar, vanilla and milk (not pictured).
Combine two thawed rolls and form into a ball.  Or, you could always use Rhodes Texas-Size Rolls and you will only need one roll each.  Take your clean kitchen scissors and cut four or five slits in each roll, cutting almost all the way to the bottom.
Then, combine melted butter, brown sugar and cinnamon.  It will form a thick paste.  Using your hands, rub the cinnamon paste over each roll, making sure to get into every single slit.  I have tried using a brush for this, but it really is easiest and fastest if you use your hands.  Place cinnamon sugar coated rolls into a greased muffin tin.  

Cover lightly with plastic wrap that has been sprayed with cooking spray and allow rolls to rise until doubled.  Remove plastic wrap, bake and then brush with vanilla icing.  That's it.   


24 Rhodes Frozen Dinner Rolls  
2 Tbl. unsalted butter, melted
6 Tbl. light brown sugar, packed
1 1/2 tsp. cinnamon

Vanilla Icing
1 1/2 c. powdered sugar
1-2 Tbl. milk
2 tsp. vanilla extract

Place frozen rolls in a 9x13-inch baking dish, cover with plastic wrap and allow to thaw in the refrigerator overnight.  In the morning, combine two dinner rolls and roll into a ball.  Using clean kitchen scissors, cut four or five deep slits almost to the bottom of the roll  Place in a greased muffin tin.  Repeat with remaining rolls.  

Combine melted butter, brown sugar and cinnamon.  Using your hands rub the cinnamon/sugar paste all over the rolls, making sure to get inside every slit.  Spray plastic wrap with cooking spray and loosely cover rolls.  Allow to rise in a warm place until doubled.  

When rolls have risen, remove plastic wrap and bake in a preheated 350 degree oven for 15-16 minutes.  Carefully remove rolls from muffin tin as soon as they are finished baking.  Brush vanilla icing over the warm rolls.  Serve.

For the Vanilla Icing: Combine powdered sugar, one Tablespoon of milk and the vanilla extract and stir together until smooth and creamy.  If it's too thick, add a little more milk.    


This post is sponsored by Rhodes Bread.  I have always been a fan of Rhodes Rolls and all opinions expressed herein are my own.  Thanks for allowing me to work with the brands that I love.  


more recipes @ http://www.eatcakefordinner.net

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