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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!

HEAVENLY CREAM CHEESE DARK CHOCOLATE KETO FUDGE

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Satisfy your sweet tooth with this heavenly cream cheese dark chocolate keto fudge. It’s a delicious low carb treat with only 1 gram net carb per square.

Cream cheese dark chocolate keto fudge


I’ve been really good avoiding low carb sweet treats. But, last week, I was craving chocolate so I decided to make up a batch of cream cheese fudge.
I was looking for a texture similar to my cream cheese peanut butter fudge recipe. So I adapted that recipe into one to make dark chocolate keto fudge squares.
A few people have asked if the whey protein powder in the original peanut butter recipe could be replaced. But, it’s needed to get the right texture without adding a lot of bulk sweetener. However, in this chocolate version, I’ve used unsweetened cocoa powder instead.
I was a little worried that this cream cheese chocolate keto fudge wasn’t going to come out right. The oils did separate out as I tried to blend everything together at the end.
Cream cheese dark chocolate keto fudge
Although the mixture didn’t come together as well as I would have liked, I spread the mixture out into the pan anyway. After sitting in the refrigerator for a few hours, the mixture did turn into a creamy soft fudge.
At first, I cut the fudge into sixteen large squares. They were really big, so I cut those up into four smaller pieces. The perfect serving size is two small pieces so I calculated the nutritional data based on 28 servings.
Since I’m trying to limit low carb sweet treats, I gave away most of this dark chocolate keto fudge. My coworkers ate most of it and I gave a small bag to my mother-in-law.
The guys at work were all over this treat. They thought it tasted just as good as regular chocolate fudge. And, one of my coworkers who is dieting ended up losing weight that day despite eating three servings.
Cream cheese dark chocolate keto fudge
You can easily turn this cream cheese keto fudge into a chocolate peanut butter flavor. I used almond butter, but you can substitute that out with either peanut or sunflower seed butter.
The almond butter flavor was detectable, but it’s so mild it didn’t interfere with the chocolate taste. If you want to up the chocolate flavor, you can add another ounce of unsweetened baking chocolate.
I plan to make this yummy keto fudge again, but will use peanut butter to change up the taste. For those with nut allergy, you can use sunflower seed butter instead.
My coworkers loved this cream cheese chocolate fudge so much that I’ll bring them the peanut butter batch when I make it. We will all be working a lot of overtime hours next month so that will be a good time to share these low carb sweet treats.
Cream cheese dark chocolate keto fudge
if you are on a really strict low carb diet, this keto fudge would make a wonderful fat bomb. There’s only 1 gram net carb for a very satisfying serving size.
I’ve made a lot of chocolate fudge recipes that are low in carbs. This recipe using cream cheese is hands down my favorite as the texture is very similar to high carb sugar loaded fudge.
For those who want to check out more low carb fudge recipes, you can check out the collection I put together here. You certainly don’t want to eat this rich chocolate treat to often. But, it’s fine to have low carb sweet treats every once in a while.

Cream Cheese Dark Chocolate Keto Fudge

Satisfy your sweet tooth with this heavenly cream cheese chocolate fudge. It's a delicious low carb treat with only 1 gram net carb per square.
 Course Dessert
 Cuisine American
 Keyword low carb candy
 Prep Time 5 minutes
 Cook Time 10 minutes
 Total Time 11 minutes
 Servings 16 people
 Calories 259 kcal
 Author Lisa | Low Carb Yum

Ingredients

  • 1 cup butter
  • 1 ounce unsweetened baking chocolate can add 2 ounces to up flavor
  • 1 cup unsweetened almond butter or peanut butter or sunbutter (nut free)
  • 8 ounces cream cheese
  • 1 cup low carb powdered sweetener Sukrin Melis or Swerve Confectioners
  • 1 teaspoon stevia concentrated powder see note
  • 1/3 cup unsweetened cocoa powder
  • 1 teaspoon vanilla extract
US Customary - Metric
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Instructions

  1. Line an 8x8 baking pan with parchment paper.
  2. Melt together butter, and baking chocolate over medium heat.
  3. Add almond butter (or peanut butter/sunbutter) and blended in with an electric mixer. Then, blend in the cream cheese with an electric mixer.
  4. Remove from heat and stir in remaining dry ingredients. Blend with an electric mixer to combine as well as possible. Then, blend in vanilla extract
  5. Spread mixture into prepared pan evenly. Chill in refrigerator until set.

Recipe Notes

1 teaspoon of stevia concentrated powder is equivalent to about 1 cup of sugar if you'd like to use another low carb sweetener.
If you notice some oil separation, it will be okay once mixture cools. You can try adding a tablespoon of heavy cream and see if that helps the mixture blend together better.
MORE RECIPES @ lowcarbyum.com

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