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!

Best Instant Pot Stuffed Peppers



Find out how to make the Best Instant Pot Stuffed Peppers with my perfect cooked rice trick and a delicious blend of ground beef and seasonings.

Ingredients
Perfect Instant Pot Rice:
1 cup basmati rice uncooked
2 cups water
1 tablespoon olive oil
1/4 teaspoon salt
Stuffed Bell Peppers:
5 medium or 4 large bell peppers
1 lb ground beef chicken or turkey
1 - 1 1/2 cups cooked rice* see notes
1 small sweet onion diced
1 small tomato diced
1 tablespoon minced garlic
1 tablespoon tomato paste
1 teaspoon paprika
1 teaspoon oregano
1 teaspoon Italian seasoning
1/2 teaspoon salt or more based on preference
1/2 teaspoon ground black pepper
1/4 teaspoon red pepper flakes
1 tablespoon Worcestershire sauce
1 tablespoon breadcrumbs
2 tablespoons fresh parsley chopped
1 cup water
Optional Garnish:
8 tablespoons marinara sauce
8 tablespoons shredded mozzarella cheese
Fresh parsley chopped

Instructions
Perfect Instant Pot Rice:

Add the rice, olive oil, salt and the 1 cup of water to an Instant Pot safe dish. Stir to combine. Cover with foil and pinch a few holes or use my favorite Stackable Pot.

Add a long legged trivet to the Instant Pot and the remaining 1 cup of water.
Add the pot with the rice onto the trivet.

Close lid and pressure cook at High Pressure for 5 minutes + 10 minutes Natural Release. Turn off the heat. Release the remaining pressure. Open the lid.
Carefully remove the dish with the rice from the Instant Pot. Let it stand for 10 minutes, remove the foil and fluff up the rice using 2 forks.

Measure 1 - 1 1/2 cups of cooked rice for the Stuffed Peppers and store the rest.

Rinse the Instant Pot stainless steel insert.
Stuffed Peppers:
Wash the peppers, cut off their tops (I like to keep them to use when serving the peppers), remove the seeds and clean the inside well by removing gently all the veins.

You can brown the beef in a skillet or in the Instant Pot before mixing it with the rest of the ingredients. I prefer to skip this step and save time by using raw ground beef.
In a large bowl combine all the ingredients starting with the ground beef - up to the chopped parsley. Stir well to fully combine.

Stuff the prepared peppers equally with the mixture.
Cook:

Add a trivet with handles to the IP or a steamer basket.
Add 1 cup of water and arrange the peppers onto the trivet.

Close the lid and pressure cook at High Pressure for 5 minutes + 5 minutes Natural Release. Turn off the heat. Release the remaining pressure manually and carefully open the lid.
Using the handles of the trivet or steamer basket, carefully remove the peppers from the pot.
Optional Garnish and Broiling:
Turn on the oven broiler.
Add stuffed peppers to a baking dish.
Top each pepper with 2 tablespoons of marinara sauce and 2 tablespoons of shredded mozzarella cheese.
Transfer the baking dish into the oven under the broiler and cook for 1-2 minutes, until the cheese is fully melted.
Remove from oven, garnish with freshly chopped parsley and serve.

Recipe Notes

*The recipe makes enough mixture to stuff 4-5 large bell peppers. You can cook them in batches, if you have more medium bell peppers that won't fit all in the Instant Pot. To make less filling, just enough to stuff 4 medium bell peppers, either use 1 cup of cooked rice instead of two, or use less ground beef, instead of 1 lb.

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