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!


One Pan Bacon Ranch Garlic Parmesan Pasta is an easy and satisfying one pot pasta meal that the whole family will love! Creamy garlic parmesan spaghetti is loaded up with even more mouthwatering flavor with the addition of crisp bacon and savory ranch!
Have you guys seen all of those recipes around on Pinterest that start with the name “crack?” Like, “crack chicken” or “crack dip?” I’m sure you have, it’s everywhere! What’s my point? This pasta is a little like crack – I didn’t want to share one single bite of this with my family, and I would have been happy to lick the pan clean! I’m not going to call my pasta crack either, let’s just call it the BEST garlic parmesan pasta ever!
That garlic parmesan sauce is just so amazingly creamy, and velvety then you have the flavor explosion of bacon and ranch throughout. Seriously, lip smacking, plate licking, can’t stop devouring this pasta, GOOD! What I love most about one pot pasta dishes is how the pasta cooks right in the sauce, absorbing all of that amazing flavor!
Added bonus, there’s really nothing to making the sauce at all. It’s impossibly easy! You won’t need any special equipment, and no flour or cornstarch necessary. This tasty pasta sauce thickens up all on its own, and the entire dish is ready to eat in 30 minutes or less.
It’s easy to say that this one pot dinner was a major lifesaver for me as my kids headed back to school from their two week winter break. We were all struggling to get up in the morning and by dinner time I needed the quickest and easiest thing possible! I know everyone at my table will clean their plates when this pasta is served!
Bacon Ranch Garlic Parmesan Pasta
Prep Time 10 mins
Cook Time 20 mins
Total Time 30 mins

One Pan Bacon Ranch Garlic Parmesan Pasta is an easy and satisfying one pot pasta meal that the whole family will love! Creamy garlic parmesan spaghetti is loaded up with even more mouthwatering flavor with the addition of crisp bacon and savory ranch!
Course: Main Course
Cuisine: American
Servings: 4
Calories: 300 kcal
Author: Nichole

  • 6 Slices Bacon, Diced
  • 1 Tablespoon Olive Oil
  • 1 Tablespoon Butter
  • 3 Cloves Garlic, Minced
  • 2 Cups Chicken Broth
  • 1 1/4 Cups Milk
  • 8 Ounces Spaghetti
  • 1/2 Teaspoon Salt
  • 1/2 Teaspoon Pepper
  • 1/2 Cup Shredded Parmesan Cheese
  • 1/4 Cup Sour Cream
  • 1 Packet Ranch Seasoning Mix
  • Parsley for serving
  1. Cook the diced bacon in a large skillet over medium heat until crisp.
  2. Remove the bacon to a paper towel lined plate. Wipe excess grease from skillet.
  3. Add the olive oil and butter to the skillet.
  4. Add the garlic and cook 1-2 minutes, until fragrant, stirring frequently.
  5. Stir in the chicken broth, milk, spaghetti, salt, and pepper.
  6. Bring to a boil.
  7. Reduce heat and simmer, stirring occasionally until pasta is cooked through.
  8. Stir in the reserved bacon, parmesan, sour cream, and ranch seasoning.
  9. Top with parsley as desired.
Nutrition Facts
Bacon Ranch Garlic Parmesan Pasta
Amount Per Serving
Calories 300
* Percent Daily Values are based on a 2000 calorie diet.


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