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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!

No Bake Marshmallow Pumpkin Pie

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No bake marshmallow pumpkin pie is a sweet and fluffy twist to classic pumpkin pie. Marshmallow, Cool whip, and pumpkin combine to make a delicious pumpkin pie in a store-bought graham cracker crust.


Pumpkin pie with some freshly whipped cream is so yummy. But, I also like to play around and share twists to the classic recipes.

Which is how this marshmallow pumpkin pie came about. It’s no bake so it’s really easy and anyone could make this. The texture is a bit different than classic pumpkin pie because you don’t bake it.

Tips for making No Bake Marshmallow Pumpkin Pie

  • Make sure you heat the pumpkin and marshmallow mix over low or medium-low heat. You don’t want the heat any higher or else the marshmallows might burn before they melt down. 
  • Stir the mixture very frequently while it’s cooking on the stove. 
  • Make sure that you let the pumpkin mixture cool to room temperature. The directions say to transfer it to a bowl and this helps it cool it down, to get it out of the hot pan you used. Cooling it down will take about 20-30 minutes. 
  • Garnish with freshly whipped cream, more Cool Whip, or the whipped cream spray canisters. 
  • To make fresh whipped cream pour 1 cup heavy whipping cream into a bowl, or a bowl of a stand mixer, add 1/4 cup powdered sugar and beat it until it’s thick and there are stiff peaks. This takes about 4-5 minutes. 
No Bake Marshmallow Pumpkin Pie Recipe 
No bake marshmallow pumpkin pie is a sweet and fluffy twist to classic pumpkin pie. Marshmallow, Cool whip, and pumpkin combine to make a delicious pumpkin pie in a store-bought graham cracker crust. 


Ingredients
  • 1 bag (10 oz) large marshmallows
  • 1 cup pure pumpkin
  • 1 teaspoon cinnamon
  • 1/2 teaspoon pumpkin pie spice
  • 1/2 teaspoon salt
  • 1 carton (8 oz) Cool Whip (thawed)
  • 1 (9-inch) store-bought graham cracker crust
Instructions
  1. In a sauce pan, over low or medium-low heat, combine the marshmallows, pumpkin, cinnamon, pumpkin pie spice, and salt. Stirring very frequently, let it melt and mix together until it's smooth and combined. 
  2. Transfer the hot mixture into a mixing bowl and let it cool down to room temperature. About 30 minutes. 
  3. Once cooled, add the carton of thawed Cool Whip and stir together until completely combined and much lighter in color. Put mixture inside the graham cracker crust and spread out evenly. 
  4. Cover the pie with the enclosed lid from the crust and put it in the fridge for at least 6 hours to thicken up and come together. 
  5. Slice and serve with additional Cool Whip or freshly whipped cream. 

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