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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 CARBONARA PASTA RECIPE

, Edit
Chicken Carbonara Pasta is an easy comfort food recipe the whole family will love! Feel free to use leftover grilled chicken if you have it.


If you like comfort food and easy recipes, you are definitely going to want to check out Aunt Bee’s Recipes! I cook a lot of chicken and pasta (we’re runners here!), so that’s what I went looking for when I was choosing my recipe. I’m pretty familiar with Brandi’s blog because I have pinned MANY of her recipes. I let my husband pick the recipe because I was having such a hard time choosing. I think I had at least six tabs open at one point. He picked well, because the entire family gave it a thumbs up.

CHICKEN CARBONARA PASTA RECIPE
Chicken Carbonara Pasta is an easy comfort food recipe the whole family will love! Feel free to use leftover grilled chicken if you have it.


Ingredients

Italian Chicken Marinade
  • 1/2 cup olive oil
  • 2 tablespoons balsamic vinegar
  • 2 tablespoons red wine vinegar
  • 3-4 garlic cloves, minced
  • 1 teaspoon dried oregano
Chicken Carbonara Pasta
  • 4 chicken breasts, marinated, grilled and sliced (plain is fine too)
  • 12 oz of bacon, cooked, drained on paper towels, and crumbled
  • 1 onion, chopped
  • 3 cloves garlic, minced
  • 4 eggs
  • 1 cup grated Parmesan cheese
  • 1 cup heavy cream
  • 1/2 tsp salt
  • 1/2 tsp black pepper
  • 1 cup of frozen peas
  • 16 oz spaghetti, cooked al dente with 1/2 cup pasta water reserved
Instructions

Italian Chicken Marinade
  • Whisk olive oil, balsamic vinegar, red wine vinegar, garlic, and oregano together.
  • To marinate chicken, place chicken breasts in large plastic ziploc bag, and pour marinade over them.
  • Marinate for up to 8 hours.
Chicken Carbonara Pasta
  1. Grill chicken, 2-3 minutes each side.
  2. Start boiling your water for the pasta.
  3. Cook bacon, drain on paper towels, crumble and set aside.
  4. Remove all but 2 tablespoons of bacon grease from pan.
  5. Over medium heat, sauté the onions in the remaining bacon grease until they turn translucent, a few minutes.
  6. Add garlic, and cook for another minute, stirring constantly.
  7. Set onion and garlic mixture aside.
  8. Drop the pasta in boiling water and cook until al dente, according to package directions.
  9. While the pasta is cooking, whisk together the eggs, Parmesan cheese, heavy cream, salt and pepper until smooth.
  10. Reserve 1/2 cup of the pasta water before draining the pasta. After draining, place the pasta back in the hot pot.
  11. While the pasta is still hot, add half of the egg mixture, stirring the pasta while you are adding it. The sauce will thicken and will coat the pasta.
  12. After adding half of the sauce, add the frozen peas, crumbled bacon, and sautéed onion and garlic mixture.
  13. Add the rest of the sauce, stirring to combine.
  14. Add the reserved 1/2 cup of the pasta water to keep the sauce consistency from being too thick.
  15. Toss with grilled chicken.
Notes
I did not include the marinating time in prep time, because you can use leftover grilled chicken if you choose.

Recipe Source : CHICKEN CARBONARA PASTA @ adishofdailylife

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