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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!

Low Carb Chicken Philly Cheesesteak Recipe

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Low Carb Chicken Philly Cheesesteak is the perfect recipe for a delicious, health and quick-fix meal.  In less than 30 minutes, you can enjoy a diabetes-friendly meal the whole family will love.


This recipe is perfect if you are cooking for either low carb eaters or people with diabetes and also for those who have no diet restrictions.  Just add in a hoagie roll or hamburger bun and dinner is done.

Let me tell you . I sliced my chicken partially frozen which helps tremendously with getting the super thin slices I wanted.  If your chicken is fresh or thawed, simply place it back in the freezer for 15-20 minutes to get it to a semi-frozen state. (You can slice the chicken breasts without freezing them, it just makes things a little easier) !

Low Carb Chicken Philly Cheesesteak Recipe
Family friendly low carb chicken philly cheesesteak comes together in a snap.  Serve in bowls for the low carb eaters and on a hoagie bun for everyone else.



Ingredients
  • 10 oz boneless chicken breasts (about 2)
  • 2 Tbsp worcestershire sauce
  • 1/2 tsp onion powder
  • 1/2 tsp garlic powder
  • 1 dash ground pepper
  • 2 tsp olive oil, divided
  • 1/2 cup diced onion fresh or frozen
  • 1/2 cup diced bell pepper fresh or frozen
  • 1/2 tsp minced garlic
  • 3 slices provolone cheese or queso melting cheese
Instructions
  1. Slice chicken breasts into very thin pieces (freeze slightly if desired to make this easier) and place in a medium bowl.  Add next 4 ingredients (worcestershire through ground pepper) and stir to coat chicken.
  2. Heat 1 teaspoon olive oil in a large (9") oven proof skillet.  Add chicken pieces and cook until browned -about 5 minutes. Turn pieces over and cook about 2-3 minutes more or until brown.  Remove from skillet.
  3. Add remaining 1 teaspoon olive oil to warm skillet. Then add onions, bell pepper and garlic.  Cook and stir to heated and tender- 2-3 minutes.  
  4. Turn heat off and add chicken back to skillet and stir with veggies to combine.  Place sliced cheese over all and cover 2-3 minutes to melt.
  5. Note: Serve up in bowls for those eating low carb.  Serve with warm hoagie rolls for others.
Nutrition Facts
Low Carb Chicken Philly Cheesesteak
Amount Per Serving
Calories 263Calories from Fat 117
% Daily Value*
Total Fat 13g20%
Saturated Fat 5g25%
Cholesterol 79mg26%
Sodium 330mg14%
Potassium 570mg16%
Total Carbohydrates 5g2%
Dietary Fiber 1g4%
Sugars 2g
Protein 27g54%
Vitamin A21%
Vitamin C44%
Calcium23.5%
Iron6.7%
* Percent Daily Values are based on a 2000 calorie diet.



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