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 Alfredo Meatball Subs feature mouthwatering and tender chicken meatballs in a rich and creamy homemade Alfredo sauce! Turn them into meatball subs for a super easy dinner!

The key to this recipe is the chicken meatballs. Ground chicken doesn’t have a whole lot of flavor on its own so it is important that these are seasoned well and that they come out juicy and tender.
I season my ground chicken with salt, pepper, garlic and onion powder, and Italian seasoning. We also add parmesan for extra flavor and a drizzle of olive oil to keep them moist. Panko and egg bind the meatballs together.
When you first sear the meatballs they won’t be cooked through completely, but, they should be nicely browned on all sides. They will finish cooking in the easy alfredo sauce! That also gives them tons of extra flavor!

Meatball subs are so easy to make in one skillet! No need to pull out any special equipment, or wait for the meatballs to bake! You will form your chicken mixture into balls, then sear them over medium-high heat until browned. Next, remove them from the pan and make your Alfredo sauce.
You will make the sauce without adding the cheese at this point, and add the meatballs back to the pan. Allow them to simmer, covered, for about 10 minutes until they’re completely cooked through.
While the meatballs simmer, I lightly butter my hoagies (or you can just use hot dog buns) and broil them for a couple of minutes until they’re golden. Once the meatballs are ready, you can stir the parmesan cheese into the meatballs and sauce just until the cheese has melted. Then add the meatballs to your prepared buns, sprinkle with parsley if you wish, and you’re ready to eat!

Chicken Alfredo Meatball Subs
Prep Time 10 mins
Cook Time 20 mins
Total Time 30 mins

Chicken Alfredo Meatball Subs feature mouthwatering and tender chicken meatballs in a rich and creamy homemade Alfredo sauce! Turn them into meatball subs for a super easy dinner!
Course: Main Course
Cuisine: American
Servings: 4
Author: Nichole

  • 1 Pound Ground Chicken
  • 1 Teaspoon Salt
  • 1/2 Teaspoon Garlic Powder
  • 1/2 Teaspoon Onion Powder
  • 1/2 Teaspoon Italian Seasoning
  • 1/4 Teaspoon Pepper
  • 3/4 Cup Panko Breadcrumbs
  • 1/2 Cup Parmesan Cheese
  • 1 Large Egg
  • 2 Tablespoons Olive Oil Divided
  • 1/2 Cup Butter
  • 1 1/2 Cups Heavy Whipping Cream
  • 2 Teaspoons Garlic Minced
  • 1/3 Teaspoon Italian Seasoning
  • 1/2 Teaspoon Salt
  • 1/4 Teaspoon Pepper
  • 2 Cups Parmesan Cheese
  • 4 Hoagie Rolls
  • 1/4 Cup Butter
  1. In a large bowl mix together the ground chicken, seasonings, breadcrumbs, parmesan cheese, egg, and ONE TABLESPOON of the olive oil.
  2. Mix just until combined and form the chicken mixture into about 12 meatballs.
  3. Heat the remaining tablespoon of olive oil in a large skillet over medium-high heat.
  4. Brown the meatballs on all sides and then remove them to a plate.
  1. Turn the heat on your stove to low.
  2. In the same skillet add the butter and cream. Simmer on low heat for 2 minutes.
  3. Whisk in the garlic, Italian seasoning and the salt and pepper.
  4. Add the meatballs to the skillet, cover with a lid and simmer over low heat for 10 minutes.
  5. While the meatballs are simmering, preheat your oven to broil. Butter the hoagie rolls if desired and toast under the broiler for 2-3 minutes until golden.
  6. After 10 minutes, stir the parmesan cheese into the meatballs and sauce. Serve the meatballs in the prepared buns.

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