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 Creamy Chicken Spaghetti

Instant Pot Creamy Chicken Spaghetti is a flavor packed dinner the whole family will enjoy. The from scratch creamy sauce flavored with onions and peppers compliment the chicken and al dente spaghetti noodles perfectly. This Instant Pot pasta dish will be your new go to favorite!

Creamy Chicken Spaghetti- My newest Instant Pot Pasta dish!

If you are new around here, you probably don’t know.. but all you OG’s know, I love my pasta. I could eat pasta every night and never tire of it, I swear! The very first recipe I ever made in my Instant Pot was my Dump and Start Alfredo. Granted the recipe from then to now has been refined and perfected, but Alfredo was my Instant Pot’s maiden voyage.

I swear, I will never make pasta any other way now! Love how the noodles cook right in the sauce and really soak up all of the flavor.

My absolute favorite part though? I love the fact that I don’t have to sit and babysit a pot of boiling water. No more worrying about it boiling over, a little hand reaching up and touching it, or over cooking your pasta. Nope, nada, zilch.

A good rule of thumb for cooking pasta in your Instant Pot is this: divide the lowest number on the suggested cook time by half, then minus one minute. For recipes on my site, all cook times have been thoroughly tested so you can feel confident just cooking as the instructions state. ?

Course: Main Course
Keyword: instant pot, instant pot recipe
Prep Time: 5 minutes
Cook Time: 6 minutes
Total Time: 20 minutes
Servings: 4


4 cups chicken broth
1 lb 16 oz dry spaghetti noodles
6 chicken tenders
salt and pepper to taste
1 onion diced (approx 1 cup)
2 bell peppers diced (approx 1 1/2 cups)
2 tsp dried minced garlic
8 ounces cream cheese
1 cup shredded cheddar cheese


Pour the chicken broth into the Instant Pot
Break the spaghetti noodles in half and place in the chicken broth alternating the direction the noodles are laying.
Set the chicken tenders on top of the pasta. Season with salt and pepper.
Add the onion, bell peppers and minced garlic on top of the chicken.
Cook on manual HIGH for 3 minutes, NPR 6 minutes before quick releasing the remaining pressure.
Remove the cooked chicken from the pot. Give the pot a good stir.
Cut the 8 ounces of cream cheese into cubes. Add the cream cheese cubes to the Instant Pot and replace the lid. Let it sit for 10 minutes.
While the Instant Pot is resting, slice, dice or shred the chicken.
Add the chicken to the Instant Pot once the 10 minutes rest period is over. Stir to incorporate the cream cheese.
Stir in the shredded cheese and serve!

If you like your spaghetti a bit ‘saucier’ you can add in a splash of milk. I like it how it is written, my husband likes it a bit saucier.


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