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!

Instant Pot Buffalo Chicken Pasta

Instant Pot Buffalo Chicken Pasta
Looking for a chicken recipe that is super quick to whip up, and has tender chicken, creamy pasta, and offers a bit of a kick? That is exactly what you get with this Instant Pot buffalo chicken pasta. It is ready to be served in under 30 minutes, and let me tell you the flavor factor is spot on! I love pretty much all that has hot sauce, it is a natural choice to use it in this dish. The hot sauce mixed with the ranch and bacon, really adds so much flavor and dimension to the dish. Change things up and add a new recipe to the mix, this is a family favorite I have been making for years!
This recipe is similar to what you would call an adult version of mac n cheese that got a major upgrade. You have shredded chicken, bacon, pasta, lots of cheesy goodness, some heat from the hot sauce, and ranch for a mix of flavors. Instant Pot Buffalo Chicken Pasta dish is so so so good, and it is so quick to whip up. Cook it all in your Instant Pot for a quick dinner, and the leftovers taste even better the next day! The flavors really infuse well together. Also if you like a little spice you also need to try my Instant Pot Buffalo Ranch Chicken Dip! It is perfect for game nights, potlucks, and a special treat to break up the week. 
Instant Pot Buffalo Chicken Pasta is not just for Superbowl parties you can have it any night of the week.

  • 2 large chicken breasts about 1 pound
  • 1 cup ranch dressing
  • 16 oz pasta
  • 1/4 cup hot sauce
  • 1 tbs butter
  • 8 oz cream cheese
  • 4 oz 3 cheese blend Mexican cheese
  • 3 cups water
  • Bacon bits or 3 pieces of bacon crumbled
  1. Coat chicken with hot sauce
  2. Place 1 tbs butter and breast in the Instant pot with one cup water.
  3. Place on the Poultry button or 14 minutes manual high pressure.
  4. Do a quick release.
  5. Remove chicken only and shred. In a small bowl mix together cream cheese, ranch, hot sauce, until creamy.
  6. Mix in shredded chicken.
  7. Pour in pasta 2 cups water and place mixture on top do not stir.
  8. Place on manual high pressure for 4 minutes.
  9. do a quick release.
  10. Stir and remove place in a pan top with cheese and broil for 1-2 minutes just to melt cheese.
  11. Top with bacon.


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