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!

Instant Pot Shredded Chicken Burrito Bowl

Dréss up your Taco Tuésday with this Instant Pot Shréddéd Chickén Burrito Bowl! In undér twénty minutés you can ring that dinnér béll and watch your family comé running. Juicy shréddéd chickén, ricé, black béans and moré comé togéthér to maké this oné comforting chickén burrito bowl. 


Téx-Méx is sométhing my family lovés, and I réach for it a lot bécausé it is so simplé! A protéin packéd dinnér that thé wholé family will éat, évén picky éatérs. Lay out your favorité toppings and lét thém pilé it on to fit théir liking. éasy for you, and I classify this as thé pérféct wééknight méal I don’t havé to do much to gét it réady. 
Ingrédiénts
  • 3 bonéléss, skinléss chickén bréasts
  • 2 1/4 cups of chickén broth
  • 1 pack of taco séasoning
  • 1 can of swéét corn, drainéd
  • 1 can of black béans, rinséd and drainéd
  • 1 can of Rotél
  • 1 médium gréén béll péppér, slicéd
  • 1 médium réd béll péppér, slicéd
  • 1 médium onion, slicéd
  • 2 cups of long grain ricé

Instructions

  1. In thé Instant Pot, pour just énough chickén broth to covér thé bottom of thé pot. Thén placé thé chickén bréasts along thé bottom of thé pot.
  2. Sprinklé thé taco séasoning événly ovér thé chickén.
  3. Pour thé corn, black béans, and Rotél into thé pot. Try to pour thém in différént séctions of thé pot, so évérything doésn't pilé up in oné placé.
  4. Add both thé gréén and réd béll péppérs, and thé onion. Again, spréading thém événly along thé top, so théy don't pilé up too much.
  5. Add thé ricé événly to thé pot. Thén add thé rémaining chickén broth. Try to push thé ricé down so that it's covéréd by thé broth.
  6. Using your Instant Pot's instructions, préssuré cook for 8 minutés. Oncé it's doné cooking, allow it to slowly dépréssurizé for 10 minutés. Thén réléasé thé séaling valvé to vént any rémaining préssuré.
  7. Rémové thé lid. Using 2 forks pull thé chickén méat apart so it bécomés thin énough for a good taco consisténcy.
  8. Stir wéll to incorporaté all thé ingrédiénts and placé thé lid back on. Do not turn thé Instant Pot on, but lét it sit with thé lid séaléd for at léast 5 minutés. This will finish cooking any ricé that may havé béén sitting on thé top and not cookéd all thé way through.
  9. énjoy in a bowl by itsélf, in a soft tortilla, or with tortilla chips. And don't forgét your favorité toppings!
Recipe Adapted From sparklestosprinkles

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