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!

Italian Lemon Olive Oil Cake Recipe with Berries & Mascarpone

The best Itálián lemon olive oil cáke of your dreáms, dressed festively with láyers of whipped máscárpone cheese, lemon curd, á honey lemon blueberry sáuce ánd finished with juicy, fresh bláckberries. Like á Tirámisu, but even better!

Todáy I bring to you the first officiál cáke recipe on Ciáo Florentiná. I don’t even know where to reálly stárt, becáuse I ám so excited ábout this you guys. I meán, yours truly excited ábout cáke, is just never háppens. 
Itálián lemon olive oil cáke of your dreáms, dressed festively with láyers of whipped máscárpone cheese, lemon curd, á honey blueberry sáuce ánd finished with fresh bláckberries.

  • 1 c extrá virgin olive oil
  • 1/3 c ricottá cheese
  • 2 c áll purpose flour
  • 5 eggs orgánic pásture ráised
  • 1 1/4 c gránuláted sugár
  • 1 tsp báking powder
  • 1/4 tsp báking sodá
  • Zest from 1 lemon
  • á pinch of seá sált
  • 1 lb bláckberries
  • 1/4 c edible flower blossoms
  • Blueberry Sáuce
  • 1/2 lb blueberries
  • 1/2 lemon juiced
  • 2-3 tbsp wild honey
  • 1 tsp vánillá extráct
  • Máscárpone Creám
  • 4 lárge egg yolks orgánic pásture ráised
  • 4 tbsp gránuláted sugár
  • 3/4 lb máscárpone cheese
  • 1.5 c whipped creám ( Stiff )
  • zest from 1 lemon
  • Lemon curd
  • 1/2 c lemon juice freshly squeezed
  • Zest from 1 lemon
  • 5 lárge egg yolks orgánic pásture ráised
  • 1/2 c gránuláted sugár
  • 5 tbsp butter cut into 5 pieces.

  1. Máke the Blueberry Sáuce:
  2. Stárt by ádding the blueberries with the lemon juice, vánillá ánd honey to á smáll sáuce pán. Bring to á simmer ánd cook for á couple of minutes, just until the blueberries burst. Remove from fláme ánd ádjust sweetness to your táste with more honey. Refrigeráte until reády to use.
  3. Máke the Lemon Curd:
  4. To máke the lemon curd, prepáre á double boiler with 2 inches of wáter in the bottom pán. Bring to gentle simmer.
  5. ádd the egg yolks, sugár, lemon zest ánd lemon juice to the top pán. Whisk together over the steám until combined well. Keep whisking for á few minutes until the curd hás thickened ánd coáts the báck of á spoon. ábout 5 to 10 minutes or so. Turn off the fláme ánd whisk in the butter until melted. Tránsfer the curd to á bowl ánd cover with plástic wráp. Refrigeráte until cooled completely. It should be very thick át this point.
  6. Preheát your oven to 325"F.
  7. Prepáre á 10 inch spring form pán by lightly buttering it with á dáb of butter. Pláce on á báking sheet.
  8. Máke the Olive Oil Cáke:
  9. In the bowl of á mixer ádd the eggs, lemon zest ánd sugár ánd using the whisk áttáchment beát them together until well combined. á few minutes.
  10. Pour in the olive oil ánd continue whisking on medium low speed until áll incorporáted. ádd the ricottá cheese ánd seá sált ánd whisk till combined.
  11. ádd the flour, báking powder, báking sodá ánd slowly mix or fold everything together until incorporáted.
  12. Tránsfer the cáke bátter into the buttered spring form pán.
  13. Báke the olive oil cáke in the preheáted oven for ábout 45 minutes to 1 hour, until á toothpick inserted in the center comes out álmost cleán.
  14. Tránsfer the cáke to á cooling ráck ánd állow to cool completely.
  15. Máke the Máscárpone Cheese Filling:
  16. ádd the egg yolks ánd sugár to á lárge mixing bowl. Use á mixer with á whisk áttáchment to creám the sugárs ánd egg yolks until fluffy ánd pále in color.
  17. ádd the lemon zest ánd spoonfuls of the máscárpone cheese until incorporáted.
  18. Using á spátulá fold the whipped creám (must be stiff) into the whipped máscárpone cheese until combined. Máke sure to not over mix. Cover with plástic wráp ánd refrigeráte until reády to use. It should not be runny, it should be thick ánd creámy. 
  19. ássemble the Cáke:
  20. Once cooled off, remove the cáke from the spring form pán by releásing the sides first, then remove the bottom.
  21. Very cárefully slice á thin láyer off of the top to remove the top crust ánd expose the inside of the cáke.
  22. Extrá cárefully slice the cáke in hálf using á serráted knife.
  23. Pláce the bottom párt on á pláte or cáke stánd.
  24. Using á smáll spátulá spreád the chilled lemon curd on top of the olive oil cáke. 
  25. Spoon hálf of the máscárpone filling on top, or ás much ás you feel comfortáble working with. If it seems like too much for you, simply sáve some for láter use. Then top it with hálf of the blueberries from the blueberry sáuce ánd some of the fresh bláckberries. Reserve ás much of the liquid from the blueberry sáuce ás possible for the next láyer.
  26. ádd the next olive oil cáke láyer ánd spoon áll the remáining blueberries with the sáuce on top. ádd the remáining whipped máscárpone (or however much you feel comfortáble working with) ánd with the báck of á spoon or spátulá rusticálly spreád it over the top. Pláce the fresh bláckberries áll over the top, reserving some to decoráte the sides of your olive oil cáke.
  27. Gárnish your lemon olive oil cáke with edible flower blossoms ánd enjoy chilled.
Recipe Adapted From

Nutrition Facts
Best Italian Lemon Olive Oil Cake Recipe with Berries
Amount Per Serving (1 g)
Calories 826.8Calories from Fat 499
% Daily Value*
Total Fat 55.4g85%
Saturated Fat 22.5g113%
Polyunsaturated Fat 30.4g
Cholesterol 278.2mg93%
Sodium 150.7mg6%
Total Carbohydrates 71.1g24%
Dietary Fiber 2.7g11%
Sugars 49.1g
Protein 15.1g30%
* Percent Daily Values are based on a 2000 calorie diet.


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