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!


Meal Prep Paleo Chicken Burrito Bowls make for a fresh, inexpensive, and healthy dish for an easy meal or meal prep. Makes 5 servings, ready in under an hour, and Whole30 approved! 
If you are looking for some more fun ways to use shredded chicken, check out Prep & Recycle – a free meal prep guide to making shredded chicken + 5 different recipes in under 2 hours!
Meal Prep Paleo Chicken Burrito Bowls make for a fresh, inexpensive, and healthy dish for an easy meal or meal prep. Makes 5 servings, ready in under an hour, and Whole30 approved!

  • 3 3/4 cups shredded chicken (600 grams)
  • 5 bell peppers, sliced (800 grams)
  • 1 large onion, sliced (300 grams)
  • 2 cups mushrooms, sliced (13 mushrooms/250 grams)
  • 1 jalapeno, sliced
  • 2 teaspoons taco seasoning
  • 2 1/2 tablespoons avocado oil, divided
  • 2 1/2 cups riced cauliflower
  • 2 teaspoon garlic powder
  • 1/2 cup packed cilantro, roughly chopped
  • 2 tablespoons lime juice, divided
  • 1 large head romaine, chopped (225 grams)
  • 2 large tomatoes, diced (225 grams)
  • 2 small avocados, deseeded (200 grams)
  • pinch of red pepper flakes
  • salt and pepper, to taste
  • lime wedges and chopped cilantro for serving
  1. Make the fajita veggies. Preheat oven to 375 degrees Fahrenheit and line 2 baking sheets with parchment paper. Add sliced peppers, onion, and mushrooms in a large bowl. Add 1 1/2 tablespoons avocado oil and taco seasoning and mix until veggies are coated. Spread out on baking sheet and bake for 30-35 minutes until soft.
  2. While veggies bake, make cauliflower rice. In a large nonstick pan over medium heat, add 1 tablespoon avocado oil and let it get hot, about 30 seconds. Add rice and garlic powder and cook for 7-10 minutes until soft and cooked through. Stir in 1 tablespoon lime juice and chopped cilantro.
  3. Make guacamole. In a small bowl add avocados, 1 tablespoon lime juice, red pepper flakes, and salt and pepper. Mash until combined.*
  4. Assemble bowls. Divided lettuce, diced tomatoes, fajita veggies, and cauliflower rice between 5 meal prep containers. Top with 3/4 cup shredded chicken. Serve with guacamole, cilantro, and a lime wedge. Can keep in the fridge for up to a week.
Recipe Notes
*guacamole might brown after a few days. You can skip this step and add freshly sliced avocado before eating if you prefer.
**if you want to heat up the chicken, veggies, and rice, keep those separate. Heat them up and then add over lettuce.


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