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!

Four Cheese Chicken Pasta Bake

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Let me start by saying I was not a big cheese fan until I met my husband. His four major food groups in no particular order are meat, ranch dressing, cheese, and more cheese. And it doesn’t matter what kind. He’s infamous at Colorado State University for hustling a giant 35 lb. cheese wheel from the staff at the Allison Hall cafeteria, which lasted him and his roommates all of 3 weeks. They even removed the lower two shelves from their fridge for the behemoth cheddar block to reside. He was also the first person to make me a blue-cheese sauce (for steaks of course) while we were dating. And although I already loved him, this definitely was an added bonus.
All our kids, especially our girls, love cheese just as much as Jake if not a little more.
But it was a dish at a fancy local restaurant, Jay’s Bistro, which inspired this recipe. At my sister’s rehearsal dinner a few years ago, we realized there wasn’t a whole lot of kid friendly selections, so we asked for the lobster mac and cheese, hold the lobster, for our little ones. When it came out, my husband tried it to make sure it wasn’t too hot. He instantly urged me to taste it. We ordered more and ended up eating it all. The kids can have the filet with port demi-glace – we get the mac n’ cheese. 

I thought I would try something similar. To add some protein, I substituted chicken for the lobster because it’s such an easy thing to add to any dish. This turned out rich and creamy, and I ended up giving half of it to one of my pregnant friends who is due any day now. She later text-ed me that her husband ate most of it before dinner, and her two-year-old finished what was left that night. So just like my husband, here’s a cheesy keeper.

Ingredients
  • 1lb of Fusilli Bucati Corti pasta or any noodle would really work, even fettuccine, boiled to al dente and drained
  • 9 tablespoons butter
  • 4 ½ tablespoons flour
  • 1 can (14.5 ounces) chicken broth
  • ½ cup half-and-half
  • 1 cup + 2 tablespoons grated Parmigiano-Reggiano
  • 1 cup + 2 tablespoons grated Gouda cheese
  • 1 cup + 2 tablespoons grated sharp white cheddar cheese
  • 6 ounces of mascarpone cheese
  • 10 ounces of cooked chicken breast, sliced or cubed, I like grilled chicken
  • 3 tablespoons grated Parmesan cheese for topping

Directions
  1. Heat oven to 350. Spray baking dish, square 9x9 or oval dish, with cooking spray. Cook pasta as directed and drain.
  2. Melt butter in a saucepan over medium heat. Stir in flour. Gradually stir in broth. Heat to boiling, stirring constantly; reduce heat to low. Stir in mascarpone, white cheddar cheese, Gouda, parmesan and half-and-half. Allow all cheese to melt and meld together while continuously stirring. Once completely mixed together and cheese is melted, stir in chicken.
  3. Add pasta to chicken mixture; toss gently to mix well. Spoon into baking dish. Sprinkle with cheese. Bake uncovered about 15-25 minutes or until hot in the center.

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