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!

Pepper Jack Chicken Cream Cheese Wontons

Well the entertaining season is upon us and there are so many things to get done at one time.  No worries with easy delicious recipes like this you can get it all done.  As a matter of fact these Pepper Jack Chicken Cream Cheese Wontons are so simple your tween could help you with them.  You can prepare the filling ahead of time and with a simple 30 second lesson your tween or teen would be an expert wonton stuffer.  Then you can keep multitasking all the while congratulating them on hitting yet another accomplishment in their life.  
Ingredients
  • 8 ounces cream cheese (1 box)
  • 1 1/2 cups Pepper Jack cheese grated
  • 1/2 teaspoon garlic powder
  • 1/2 teaspoon onion powder
  • 4 green onions sliced
  • 1 cup finely diced COOKED chicken
  • 1 package wonton wrappers (12 ounce)
  • Vegetable oil
  • 3 tablespoons low sodium soy sauce
  • 1 tablespoon water
  • 2 tablespoons mirin
  • 1/8 teaspoon sesame oil

Instructions
  1. In large food processor add cream cheese, Pepper Jack, garlic powder, onion powder, green onions and cooked chicken. Pulse just a few times; just enough to combine.
  2. Place heaping teaspoon in the center of each wonton and pull up sides and pinch. Lightly moisten fingers with cold water and pinch again. Press down gently on plate to get their bottoms flat (so they will stand up). Keep extra wontons skins covered with lighlty moistened paper towel while you work. Repeat until all wontons are full. Cover filled wontons with lightly moistened paper towel while you are working and heating the oil. .
  3. Heat about 1 inch of vegetable oil to 350 - 375 degrees in a heavy skillet. Working in small batches fry until golden brown; less than 1 minute. Use tongs to brown on both sides if they fall over. Drain on paper towels.
  4. In small bowl mix soy sauce, water, mirin and sesame oil. Serve warm wontons with sauce.

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