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!

Chicken Breast with Tomatoes and Garlic

Quick and healthy chicken with fresh tomatoes that are in their prime ripeness end of August – beginning of September, and that I can’t stop buying during my farmers market haul every week. So juicy, sweet and tender local tomatoes are nothing like supermarket’s “cardboard” tomatoes we are about to experience, so hurry up and eat them while you can. If you need help with eating tomatoes (half of mine disappear as slices sprinkled with salt), check out my tomato and red onion salad, lettuce tomato cucumber salad and tomato feta pasta salad. This week I bought a 10 lbs box and made rice stuffed tomatoes with enchilada sauce.

This chicken breast with tomatoes, garlic and dried oregano came out super juicy because thin tenders are quickly seared and combined with fresh tomato sauce. So-so quick and delicious. In best Ukrainian tradition, I served chicken with buckwheat (love buckwheat!), but you can use more familiar whole wheat spaghetti, quinoa or brown rice. And introduce yourself to buckwheat next => buckwheat soup, buckwheat stir fry.

Chicken Breast with Tomatoes is 30 minute healthy dinner recipe with quickly seared chicken tenders, then sautéed with fresh tomatoes, garlic and oregano.

Ingredients
Chicken Breasts:
  • 4 large (2-3 lbs) chicken breasts, boneless & skinless
  • 1/2 tsp dried oregano
  • 1/2 tsp salt
  • Ground black pepper, to taste
  • Avocado oil

Sauce:
  • 4 large (3 lbs) ripe tomatoes, cut into half moon shapes
  • 5 garlic cloves, minced
  • 1/2 tsp dried oregano
  • 1/4 tsp salt
  • Ground black pepper, to taste
  • Basil or parsley, finely chopped

Instructions
  1. Cut chicken breasts into tenders – thin long strips. Sprinkle with 1/2 tsp oregano, 1/2 tsp salt and pepper to taste. Gently toss around the cutting board to coat evenly. Slice tomatoes and chop garlic.
  2. Preheat large ceramic non-stick skillet (I used 13”) on medium heat and swirl a bit of oil to coat. Add half of chicken and cook for 5 minutes or until golden brown on each side. Transfer to a dish and cook remaining chicken this way, transferring to same dish.
  3. Reduce heat to low, add garlic and 1/2 tsp oregano, cook for 1 minute, stirring frequently (add a bit of oil if there was none left from cooking chicken but there should be). Layer tomatoes on top, sprinkle with 1/4 tsp salt and pepper to taste, turn up the heat to medium, and cook tomatoes for about 5 minutes, gently tossing them around (if tomatoes aren’t juicy enough, add a splash of water).
  4. When tomatoes have released their juices and turned into fresh tomato sauce, turn off the heat and return chicken back to skillet. Gently tuck it in between tomatoes, sprinkle with fresh basil or parsley, and serve warm with whole wheat spaghetti, quinoa, brown rice or buckwheat.
Recipe Source:ifoodreal.com

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