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!

SHEET PAN PARMESAN CRUSTED CHICKEN AND BROCCOLI


The temperatures are finally getting to where I find it acceptable to use the oven again. It’s looking like the 90 degree days are over for the year, but then again this is Colorado and you never know what the weather is going to do.

There’s still a few weeks of summer left, but I know I’ll be transitioning more to cooking in the oven and slow cooker and less on the grill. As always though, I’m all about easy, uncomplicated cooking that tastes great and that’s exactly what this Sheet Pan Parmesan Crusted Chicken and Broccoli is.

I have a few sheet pan dinners on the blog and will definitely be adding a few more in the future. They’re easy to make, cook in a fairly short amount of time and the best part is, if you line your sheet pan with foil you have almost no dishes to wash! For presentation sake, I didn’t line mine with foil, but any other time you better believe I would be.

One of the most important things to remember when making sheet pan dinners is to find proteins and vegetables that cook for approximately the same amount of time. I knew that full sized chicken breasts would take much longer to cook than broccoli, so I went with chicken tenders instead.

The chicken is dipped in an egg wash, then coated in a crunchy mixture of panko, Parmesan cheese and a combination of dried Italian herbs. The broccoli is simply seasoned with olive oil, salt and pepper. You can place everything on a half-sized rimmed baking sheet or do the chicken and broccoli separately on two quarter-sized sheets.

The chicken and broccoli roast in the oven for approximately 18-20 minutes and halfway through the cooking time you’ll want to flip over the chicken and broccoli so it get’s golden brown and crispy on both sides.

This Sheet Pan Parmesan Chicken and Broccoli is great on it’s own or you could serve it with a side of marinara sauce for dipping or over pasta would be delicious. Enjoy!

yield: 4 SERVINGS
prep time: 15 MINUTES
active time: 20 MINUTES
total time: 35 MINUTES


INGREDIENTS
2 cups broccoli florets
2 tablespoons olive oil
1 pound chicken tenders, seasoned with kosher salt and fresh ground black pepper
1 egg
1/2 cup panko or gluten free panko breadcrumbs
1/2 cup + 1 tablespoon shredded Parmesan cheese
1 teaspoon dried basil, crushed between the palms of your hands
1/2 teaspoon dried oregano, crushed between the palms of your hands
1/2 teaspoon dried parsley, crushed between the palms of your hands
1/4 teaspoon granulated garlic
1/4 teaspoon granulated onion
Fresh black pepper to taste


INSTRUCTIONS
Preheat oven to 425° F. and line a rimmed sheet pan with foil. Add the broccoli to the sheet pan, drizzle with the olive oil, sprinkle with salt and pepper and toss to coat.
In a resealable freezer bag add the panko, 1/2 cup Parmesan cheese and spices. Seal the bag and shake to combine.
In a shallow dish whisk together the egg with a tablespoon of water or milk. Add the seasoned chicken tenders to the dish and coat them in the egg mixture. Remove the chicken from the dish and into the freezer bag. Shake to coat them in the panko mixture.
Place the chicken tenders onto the sheet pan and place it into the oven. Bake for 10 minutes then flip the chicken and broccoli over. Bake for another 8-10 minutes or until the chicken is cooked through. Remove from the oven and sprinkle the broccoli with the remaining tablespoon of Parmesan cheese. Serve as is, with a side of marinara sauce or over pasta.

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