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!

Copycat Popeye’s Spicy Fried Chicken

What’s not to love about Popeye’s Spicy Fried Chicken? Honestly, I am probably one of the biggest Popeye’s Spicy Chickens fans out there to date. I adore the taste of that spicy, perfectly seasoned, crispy on the outside, juicy on the inside chicken so much that I had to do a copycat recipe for Popeye’s Spicy Chicken to share with y’all today. Trust me if you enjoy Popeye’s Spicy Chicken you are going to fall in love with this recipe for Copycat Popeye’s Spicy Fried Chicken.

Now before we get started, this isn’t Popeye’s top-secret recipe; this is just my version of their Spicy Fried Chicken; so keep in mind while it tastes so darn close to the Popeye’s Spicy Chicken we aren’t top-secret spies and that’s probably a darn good thing because I look hideous in prison orange, let alone those jumpsuits they wear.

INGREDIENTS:
Chicken Brine
  • 1 quart of buttermilk
  • 1/4 of a cup Tabasco sauce
  • 1 tablespoon kosher salt
  • 1/2 of a tablespoon of onion powder
  • 1/2 of a tablespoon of garlic powder
  • 4-pound whole chicken cut up into pieces skin on

Spice  Mixture
  • 1 tablespoon onion powder
  • 1 tablespoon Cajun seasoning
  • 1 tablespoon sweet smoked paprika
  • 1 tablespoon of coarsely ground black pepper
  • 1 tablespoon of sugar
  • 1 tablespoon of garlic powder
  • 1/2 of a tablespoon of poultry seasoning
  • 1/2 of a tablespoon of Kosher salt
  • 1 teaspoon of ground cayenne pepper
  • 1/2 of a teaspoon of cumin
  • 1/4 of a teaspoon of turmeric

Batter Mixture
  • 3 cups self-rising flour
  • 1/2 of a cup of cornstarch
  • 1 teaspoon of baking soda
  • 1/2 of spice mixture from above
  • Other ingredients
  • 4 eggs lightly beaten
  • 3 tablespoons of water
  • 1/4 of tablespoon of Cajun seasoning
  • Peanut oil or shortening, for frying

Instructions
  1. In a large plastic bowl with a tight-fitting lid, combine buttermilk, Tabasco sauce, onion powder, garlic powder, kosher salt with a small whisk.
  2. Add the cut up pieces of whole chicken to the large plastic bowl making sure to completely submerge the chicken in the brine mixture. Refrigerate overnight for the best results.
  3. Pour off the chicken brine, shake off excess buttermilk brine from the chicken. Do not rinse the chicken.
  4. In a small bowl combine 1 tablespoon of onion powder, 1 tablespoon of cajun seasoning, 1 tablespoon of sweet smoked paprika, 1 tablespoon of sugar, 1 tablespoon of coarsely ground black pepper, 1/2 tablespoon  of garlic powder, 1/2 of a tablespoon of onion powder, 1/2 of a tablespoon of poultry seasoning, 1/2 of a tablespoon of Kosher salt, 1 teaspoon of ground cayenne pepper, 1/2 of a teaspoon of cumin, and 1/4 of a teaspoon of turmeric.
  5. Generously season both sides of the cut-up whole chicken- use about 1/3  of the seasoning to season the chicken.
  6. Combine 3 cups of self-rising flour, 1/2 of a cup of cornstarch, 1 teaspoon of baking soda and about 1/2 of the spice mixture from above.
  7. Place the flour mixture into a large paper, add the brine seasoned chicken to the paper sack
  8. Roll the top of the bag down to close tightly and shake gently to coat the brined chicken.
  9. Remove the chicken from the paper sack, then shake off the excess batter. Reserve till ready.
  10. In a medium glass dish, combine the eggs, water, and  Cajun seasoning.
  11. Dunk each piece of the coated chicken into the seasoned egg mixture and then shake off the excess egg mixture.
  12. Place chicken back into the paper sack and then shake gently to coat the chicken.
  13. Remove chicken from the paper sack and place on a non-stick baking sheet. Refrigerate for about 1 hour to dry the batter, trust me it becomes so much more crispy after doing this.
  14. Add the peanut oil to a preheated cast iron kettle of about 350 degrees.
  15. Add chicken to cast iron kettle and cook until golden brown. Be sure to the chicken is completely covered with oil. Do not overcrowd the cast iron kettle if need be make in batches.
  16. Place the fried chicken on the bakers rack to drain excess oil; be sure to place a metal baking sheet under it or paper towels while draining the excess peanut oil off of the chicken.
  17. Serve with mashed potatoes, coleslaw, and fresh biscuits if desired. 



    Recipe Source:themccallumsshamrockpatch.com


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