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!

APPLE FRITTER PULL-APART BREAD

Ever since last year’s Buffalo Chicken Pull-Apart Bread, I’ve been brainstorming hundreds of ideas of what to put in a similarly party-friendly loaf, but to no avail.  Nothing really seemed exciting enough to put into motion, until a brown bag full of apples picked from the orchard begged me to find ways to use them.   Apple cider, apple pies, caramel apples, and apple crisps all seemed like great base recipes to transform into a share-able bread, but I nearly fell out of my chair when I remembered apple fritters.  Those things are brilliant.

Apple Fritter Pull-Apart Bread

And while I admittedly had no idea what I was doing when I first attempted to make this bread, I have to say that turned out brilliantly as well.  It honestly tastes just like an apple fritter, but is so much easier to make, requires no frying, and is fun to share.  Between the flavorful apple filling, the airy biscuit bread, and the sweet vanilla glaze, this loaf is exactly what you want to be baking up for special Sunday breakfasts, Fall-flavored desserts, or party-picking enjoyment.

Apple Fritter Pull-Apart Bread

I mean, just look at those delicious pull-apart sections.


Apple Fritter Pull-Apart Bread

No, really look at them. You can see the soft apples coated in sticky apple syrup, the cinnamon, sugar, and other fall spices clinging to the bread where the sweet glaze can’t reach, the flakiness of soft biscuit… you can almost taste it, can’t you?
 
Luckily, as I mentioned before, putting this together is so easy that you’ll be able to actually taste it whenever you want with hardly any effort at all!  Refrigerated biscuits are the key to keeping this recipe as simple as possible.

Apple Fritter Pull-Apart Bread in the making


Apple Fritter Pull-Apart Bread in the making


Apple Fritter Pull-Apart Bread in the making


Simply saute the apple mixture, spoon it onto biscuit halves, stack them, and bake them! Now you’ve got no excuse not to try it out!

INGREDIENTS

  • 1 can Grands refrigerated biscuits (buttermilk, original, or honey butter all work well)
  • Filling:
  • 2 granny smith apples, very finely diced
  • 1 teaspoon lemon juice
  • 1/3 cup brown sugar
  • 2 tablespoons granulated sugar
  • 1/2 teaspoon vanilla extract
  • 1 teaspoon ground cinnamon
  • ¼ teaspoon ground ginger
  • 1/2 teaspoon ground nutmeg
  • ¼ teaspoon ground allspice
  • Glaze:
  • 1 ½ cups powdered sugar
  • ¼ cup half and half (maybe more?)
  • 1 teaspoon vanilla

INSTRUCTIONS

  1. Add all filling ingredients to a large saucepan over medium heat. Cook, stirring occasionally, until apples have browned and softened and sauce has thickened. Set aside to cool.
  2. Heat oven to 350 degrees F. Spray a 9 x 5 inch loaf pan with cooking spray.
  3. Using a paring knife, cut each biscuit in half horizontally to make 16 biscuit halves (you should be able to cut them slightly and then pull them apart the rest of the way). Flatten each biscuit half with your hand to thin them out.
  4. Spoon about a tablespoon of the apple filling onto each biscuit half.
  5. Stack the biscuit halves on top of one another to form four stacks with four biscuit halves each.
  6. Place the stacks in the loaf pan, arranging so the ends of both sides have biscuit without filling touching the pan. (You’ll have to sandwich two filling-sides together in order to do so, and that’s completely fine.)
  7. Cover with aluminum foil and bake for 30 minutes. Then, remove the aluminum foil and bake until golden brown and cooked through, checking every 5 or so minutes. Let the loaf cool for 5 minutes in the pan and then remove from the pan.
  8. Whisk together the powdered sugar and half and half, adding more if necessary to reach the desired consistency. Add the vanilla and whisk again. Drizzle liberally over fritter loaf.

NOTES

Pull-apart and serve with vanilla ice cream on top for another delicious dessert option.
more recipes @ hostthetoast.com



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