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!


Honey Sesame Instant Pot Chicken Thighs are super easy, tender, and flavorful making for one of the best instant pot chicken recipes ever! This chicken is smothered in a sweet and savory honey sesame garlic sauce that is out of this world and perfect over rice!
You guys, I’m in love with this chicken! This recipe came about for several reasons, but, the first is that we absolutely adore chicken thighs and I had been wanting to give them a try in my Instant Pot!
Second, I was craving some really good sesame chicken. Takeout sesame chicken is good, don’t get me wrong. But, I knew I could do better. I’m happy to report that the honey sesame garlic sauce on this chicken is the perfect combination of savory and sweet. Addicting to say the least!
Cooking chicken thighs in your instant pot is a super simple process, and there are a few things to know that will ensure perfectly tender and juicy chicken.
Before we get into what kind of chicken to use, and the different cooking times, let’s talk about searing the chicken. You will sear the chicken in olive oil in saute mode. This is best done on “more” or “high” saute mode to get the chicken nicely browned.

After searing, you will remove the chicken from the pot. Then, you will need to deglaze. Deglazing is something I get asked about all the time! This step ensures that you don’t end up with the “burn” warning while the pot is under pressure. To deglaze, you simply will pour in 1/4 cup of chicken broth to the pot. You gently scrape all of the browned chicken bits from the bottom of the pan with a wooden spoon. After this step, you will simply turn the pot off, and move forward with cooking!

For this recipe, as you can see in the pictures I used boneless chicken thighs. You can also use bone in and skin on if that is what you prefer. I have tested the recipe both ways, and there is a small difference in cooking time.
Searing the chicken first gives the chicken amazing flavor, and it also cuts down on the pressure cooking time by a couple of minutes. The biggest factor when considering how long you will need to cook your chicken thighs is how thick they are.
For boneless chicken thighs, I found that eight minutes was perfect. When using thicker, bone-in chicken thighs, ten minutes cooked the chicken perfectly.

Make sure to allow about 5 minutes or so for this recipe to come to pressure. Also good to remember is that chicken should reach an internal temperature of 165 degrees before consuming.
You will want to quick release this chicken for best results. Typically with meat, I say that natural release is best. But, with instant pot chicken thighs, quick release ensures that the chicken won’t continue to cook for too long and dry out.
Once your chicken is cooked, remove it from the pot to a plate and cover with foil if desired to keep warm. Then, you will turn your pot on saute mode again and add the cornstarch and water slurry. You will want to wait until the liquid is simmering before adding the slurry.
Thickening the sauce is very quick, it only takes a couple of minutes for it to thicken up. Then, simply turn off your pot and pour your delicious sesame garlic sauce over your chicken. It’s great served with sesame seeds and green onions. Perfect by itself, or over rice, noodles, or veggies!
Honey Sesame Instant Pot Chicken Thighs
Prep Time 5 mins
Cook Time 10 mins
Total Time 15 mins

Honey Sesame Instant Pot Chicken Thighs are super easy, tender, and flavorful making for one of the best instant pot chicken recipes ever! This chicken is smothered in a sweet and savory honey sesame garlic sauce that is out of this world and perfect over rice!
Course: Main Course
Cuisine: American
Servings: 6

  • 2 Pounds Chicken Thighs
  • Salt & Pepper to taste
  • 1 Tablespoon Olive Oil
  • 2 Teaspoons Sesame Oil Divided
  • 2 Cloves Garlic Minced
  • 1/2 Cup Soy Sauce
  • 1/3 Cup Honey
  • 2 Tablespoons Ketchup
  • 1/4 Teaspoon Red Pepper Flakes optional
  • 1/2 Cup Water
  • 2 Tablespoons Cornstarch
  • 2 Tablespoons Cold Water
  • Sesame Seeds
  • Green Onion, Chopped
  • Rice, For Serving
  1. Season the chicken thighs on both sides with salt and pepper to taste.
  2. Add the olive oil and 1 teaspoon of the sesame oil to the instant pot and turn to saute.
  3. When the oil is hot, add the seasoned chicken thighs and sear for 2-3 minutes until golden brown on each side.
  4. In a medium bowl whisk together the remaining teaspoon of sesame oil, minced garlic, soy sauce, honey, ketchup, red pepper flakes, and water.
  5. Pour the sauce over the chicken thighs.
  6. Seal the pot and cook on manual for 8 minutes for boneless chicken thighs or 10 minutes for bone-in chicken thighs.
  7. Remove chicken from the pot to a plate and cover with foil if desired to keep warm.
  8. In a small bowl whisk together the cornstarch and water.
  9. Turn the instant pot to saute and add the cornstarch slurry to the sauce with a whisk. When the sauce is thick, turn off the pot and serve the sauce over the chicken.


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