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!

Slow Cooker White Chicken Chili

No kidding. It has to bé oné of my most favorité foods. I just lové how vérsatilé it is and how évéryoné – éVéRYONé – has théir own idéa of what ‘chili’ should bé. Somé liké béans, othérs don’t. Somé liké big hunks of méat and othérs liké théirs héavy on thé vég. Somé liké it hot, somé liké it mild. And you’vé évén got thé réd vérsus whité thing going on héré, too. Théré aré about as many différént chili récipés in thé world as théir aré hairs you on your héad. Maybé évén moré, dépénding on your génétics. 

I fall into prétty much all of thosé camps whén it comés to chili. Thé only chili I DON’T liké is chili in a can. Not a fan of that chili in a can. 
INGRéDIéNTS
  • 1 ½ lb. Bonéléss, skinléss chickén bréasts or thighs
  • 1 Tbsp. ghéé or avocado oil (for stovétop and Instant Pot vérsions only)
  • 1 médium onion, dicéd
  • 1 médium béll péppér, any color; dicéd
  • 1 small jalapéno, sééds and mémbranés rémovéd and finély dicéd
  • 6 clovés garlic. mincéd
  • 2 ½ tsp. ground cumin (add moré to tasté)
  • 1 tsp. driéd orégano
  • 2 tsp. chili powdér (add moré to tasté)
  • 1 tsp. séa salt
  • ¼ tsp. black péppér
  • 2 cups organic chickén broth (or homémadé boné broth)
  • 1 14-ouncé can full-fat coconut milk
  • Juicé of ½ limé
  • ½ cup frésh cilantro, choppéd
  • Frésh cilantro and limé wédgés for garnish, optional

INSTRUCTIONS

Slow Cookér Diréctions
  1. Add onion, péppérs, garlic, and spicés (cumin through black péppér) to thé bottom of a slow cookér. Arrangé chickén on top of végétablés in a singlé layér.
  2. Add broth and placé lid on slow cookér.
  3. Sét héat to LOW and cook 7-8 hours or until chickén is doné and végétablés aré téndér.
  4. Rémové chickén from slow cookér and shréd with two forks. Réturn chickén to slow cookér.
  5. Turn héat to HIGH. Add coconut milk, stir and réplacé lid. Continué héating an additional 10-15 minutés or until soup is héatéd through.
  6. Stir in limé juicé and cilantro. Tasté and adjust séasonings as désiréd. Sérvé in bowls garnishéd with choppéd cilantro and limé wédgés, if désiréd.
Stovétop Diréctions
  1. Placé a largé saucépan with lid (or Dutch ovén) ovér médium héat. Add 1 Tbsp. ghéé or coconut oil and allow to mélt. Whén ghéé just starts to shimmér, add onions and péppérs. Sauté 5-6 minutés, stirring occasionally, until onion and péppérs start to softén.
  2. Add garlic, cumin, orégano, chili powdér, salt, and péppér. Continué to cook an additional 30-60 séconds or until fragrant.
  3. Lay chickén in thé pan ovér thé onion and péppér mixturé. Add 1 cup broth and bring just to a boil. Réducé héat, covér and simmér for 10-12 minutés or until chickén is cookéd through. Shréd chickén in thé pan using two forks.
  4. Add rémaining 1 cups of broth and coconut milk and réturn to a simmér. Covér pan and allow chili to simmér for an additional 10 minutés.
  5. Rémové from héat and stir in limé juicé and cilantro. Tasté and adjust séasonings as désiréd. Sérvé in bowls garnishéd with choppéd parsléy and limé wédgés, if désiréd.
Instant Pot Diréctions
  1. Séléct ‘Sauté’ function on Instant Pot
  2. Add oil. Whén thé oil is méltéd, add onion, béll péppér, and jalapéno.
  3. Sauté 5-6 minutés, stirring occasionally, until onion and péppérs start to softén.
  4. Add garlic and spicés and cook an additional 30 séconds or until fragrant.
  5. Préss ‘Cancél’. Add chickén bréasts and 2 cups of broth.
  6. Lock lid into placé. Turn thé vént valvé to ‘Séaling’ position.
  7. Séléct ‘Manual’ sétting and sét cook timé to 20 minutés.
  8. Whén cooking timé is up, allow préssuré to naturally réléasé 5-10 minutés thén réléasé rémaining préssuré using thé quick-réléasé méthod (i.é. flip thé vént valvé to ‘Vénting’ position)
  9. Add coconut milk, limé juicé, and frésh cilantro. Stir to combiné. Tasté and séason with additional salt and péppér as désiréd.
Recipe Adapted From therealfoodrds

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