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 Peanut Butter Layer Dessert

This chocolate peanut butter layer dessert is packed full of flavor! There’s a sweet and salty pretzel crust, a peanut butter cheesecake layer, chocolate pudding, hot fudge, and whipped cream. Add a drizzle of peanut butter on top with some chocolate curls!

Chocolate Peanut Butter Layer Dessert - buttery pretzel crust, peanut butter cheesecake mousse, chocolate pudding, hot fudge, whipped cream and a peanut butter drizzle!

So I feel like people love layer desserts and I want to make what people like. That’s why for this month’s peanut butter bash I did a chocolate peanut butter layer dessert with loads of layers.
The theme is month was peanut butter and pretzels. Of course I can’t help but add chocolate into most peanut butter desserts. It’s a habit that I have that I’m not anxious to change. They belong together.
This recipe doesn’t take long to throw together. I’ll admit it does dirty a couple of dishes, but really it’s not bad at all. I would say two bowls if you reuse the bowls for the next steps. I’m known to do that because I hate washing dishes. Even with a dishwasher. Hate it.
Chocolate Peanut Butter Layer Dessert - buttery pretzel crust, peanut butter cheesecake mousse, chocolate pudding, hot fudge, whipped cream and a peanut butter drizzle!
So I wanted to tell you about all of these layers in this dessert. First layer up is the pretzel crust with butter and sugar. Second layer is a peanut butter cheesecake mousse. Third is a chocolate pudding. Fourth is a jar of hot fudge drizzled all over that pudding. Fifth layer is whipped topping. Then you can add some garnishes.. or not. I’m cool with either.
Chocolate Peanut Butter Layer Dessert - buttery pretzel crust, peanut butter cheesecake mousse, chocolate pudding, hot fudge, whipped cream and a peanut butter drizzle!
I was inspired to make the pretzel crust because of the pretzel salad. I LOVE pretzel salad. It’s sweet, salty, creamy, jiggly and basically perfection.
Have you noticed that either people really love the pretzel salad or really hate it? It makes me giggle. I personally could eat it every day but my dad about tosses his groceries just looking at it.
Chocolate Peanut Butter Layer Dessert - buttery pretzel crust, peanut butter cheesecake mousse, chocolate pudding, hot fudge, whipped cream and a peanut butter drizzle!

Chocolate Peanut Butter Layer Dessert - buttery pretzel crust, peanut butter cheesecake mousse, chocolate pudding, hot fudge, whipped cream and a peanut butter drizzle!

Chocolate Peanut Butter Layer Dessert

 Course Dessert
 Prep Time 45 minutes
 Cook Time 10 minutes
 Total Time 55 minutes
 Servings 12 people
 Author Miranda

Ingredients

Pretzel Crust

  • 2 + 1/2 cups pretzels, crushed
  • 1/4 cup granulated sugar
  • 3/4 cup (1 + 1/2 sticks) butter, melted

Peanut Butter Cheesecake Filling

  • 1 8 oz. brick cream cheese, room temperature
  • 1 cup smooth peanut butter
  • 1 T. butter, room temperature
  • 1 cup granulated sugar
  • 1 tsp. vanilla extract
  • 1 cup heavy cream, whipped to stiff peaks

Chocolate Pudding

  • 1 5.85 oz. box chocolate pudding, family size
  • 2 cups milk
  • 1 11.75 oz. jar hot fudge topping
  • 8 oz. whipped topping, thawed
  • 1 + 1/2 T. smooth peanut butter

Instructions

Crust

  1. Preheat oven to 350 degrees. 
  2. In a 9x13 pan, add in the crushed pretzels, granulated sugars, and melted butter. Stir to coat all the pretzels in the melted butter. 
  3. Firmly press the crushed pretzels into the pan. 
  4. Place into the oven and bake for 10 minutes. Remove from the oven and let cool. Begin working on the cheesecake filling. 

Peanut Butter Cheesecake Filling

  1. In a medium bowl, add in the cream cheese, peanut butter and butter. Beat on medium/high until light and fluffy.
  2. Add in the sugar and vanilla and beat until incorporated.
  3. Add in a quarter of the whipped cream and fold it into the cream cheese mixture. This will lighten up the mixture before adding the remaining whipped cream and deflating it all.
  4. Add in the remaining whipped cream and carefully fold it in.
  5. Spread the filling into the cooled crust. Be sure to get to all of the edges of the crust. Seal off any holes on the edges to prevent the pudding from seeping through and making our pretzel crust soggy.

Chocolate Pudding

  1. In a mixing bowl, add in the chocolate pudding mix and 2 cups of milk. Using a handmixer, beat on medium until incorporated. Let thicken about 5 minutes before spreading on top of the cheesecake layer. 
  2. Spread the pudding evenly over top of the peanut butter cream cheese layer. Be sure to get to the edges.
  3. Remove the lid from the hot fudge topping and microwave for 45 seconds. 
  4. Scoop all of the fudge topping into a sandwich bag. Cut a small hole out of the corner of the sandwich bag.
  5. Drizzle the hot fudge topping all over the top of the pudding. I started from the corner and drizzled back and forth until everything was covered.
  6. Spread the whipped topping all over the top of the dessert. Again, make sure to take the topping all the way over to the edges. 
  7. Add the 1 1/2 tablespoons of peanut butter into a sandwich bag. Place into the microwave for about 20 seconds. Squish it around in your hand to make sure it's all runny.
  8. Cut a small hole in the corner of the sandwich bag. Drizzle peanut butter on top of the dessert. I drizzled one direction all the way across the dessert and then drizzled in the opposite direction all the way across. 

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