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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 ROLL WAFFLES

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Cinnamon Roll Waffles with Maple Cream Cheese Syrup

CINNAMON ROLL WAFFLES. This is NOT a drill.
Best part? All you need is a store bought can of cinnamon rolls and a waffle iron.
If you want to get fancy, you can make a 2 minute Maple Cream Cheese Syrup to drizzle them with. I promise it’s so easy, just dump everything into a bowl and beat it till smooth. Done!
Cinnamon Roll Waffles with Maple Cream Cheese Syrup

To be totally honest, I almost always have a can of biscuits or a can of cinnamon rolls hanging out in the bottom drawer of my fridge.
They always come in handy for a quick weekend breakfast, but I had never made my cinnamon rolls this way before. I was nervous that this might be one of those pinterest flops we have all heard of.
As soon as I opened the waffle iron and saw that perfectly golden waffle with a cinnamon swirl running through it, I knew it was a winner.
Cinnamon Roll Waffles with Maple Cream Cheese Syrup

I whipped up a quick sweet creamy “syrup” to go on top with cream cheese and maple syrup and it really set these waffles off.
I honestly don’t think I could eat them without it now! And considering Jorge inhaled 3 waffles, I don’t think he could either.
Cinnamon Roll Waffles with Maple Cream Cheese Syrup

I wish I could claim responsibility for the idea of stuffing a cinnamon roll into a waffle iron, but I actually saw it on pinterest.
I tried looking around for the original creator, but kept winding back up at Pillsbury. If someone knows who actually came up with this brilliant idea, please let me know. Would love to give them credit!
Cinnamon Roll Waffles with Maple Cream Cheese Syrup

These Cinnamon Roll Waffles with Maple Cream Cheese Syrup are everything you want in a weekend breakfast. They may even beat out my favorite Pumpkin Cinnamon Rolls, because they are even easier to make!
I promise you are going to love these Cinnamon Roll Waffles!


CINNAMON ROLL WAFFLES WITH MAPLE CREAM CHEESE SYRUP

yield: 5 WAFFLES

INGREDIENTS:

  • 4 oz cream cheese, softened
  • 1/2 cup powdered sugar
  • 2 tablespoons maple syrup
  • 1/4 cup milk
  • 1/2 teaspoon maple extract (optional)
  • 1 (7.3 oz) can pillsbury grand original cinnamon rolls

DIRECTIONS:

  1. Using a hand mixer, or stand mixer, beat together cream cheese, powdered sugar, maple syrup, milk and maple extract (optional) until smooth. Set aside.
  2. Heat waffle iron. Place one cinnamon roll in the center of waffle maker. Close waffle iron.
  3. Cook for 2 to 3 minutes, or until waffle is cooked through and golden brown.
  4. Continue until all waffles are cooked. Serve warm and drizzle with maple cream cheese syrup!

more recipes @ https://thenovicechefblog.com

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