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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!

CHICKEN CASSEROLE WITH SWEET POTATO AND PANCETTA

CHICKEN RECIPES, POTATO RECIPES Edit

I think I have a movie idea for Hollywood, food that comes alive! But not like those goofy Fruit Of The Loom characters, that’s just weird.

Chicken Casserole with sweet potato

I’m talking about comfort food like this chicken casserole. Straight up warm and tasty and ready to warm your insides on a cold snowy day. This casserole (if alive) would pick you up and hug you ever so gently, but that’s where it’d have to end because you’d be dripping in melted Gruyere cheese, people around you would be asking questions and cats and dogs would be licking at your ankles.

It’s that good.

I’m getting a little excited as we get closer to Thanksgiving because there’s no food group that I don’t like. Just give me all the sweet potatoes. I don’t care what’s on them or how you cooked them because they’re never going to taste bad, right?

Chicken Casserole with sweet potato

This is a recipe full of crispy Pancetta chunks, white wine, chicken and fresh thyme. Cook for a time until those tell-tale bubbles appear around the sides of the dish and you know you’re nearly there.

Top generously with grated Gruyere and switch to the broiler. Gruyere is a fantastic cheese for becoming bubbly and brown.

Peek under the broiler and watch for those lava-like bubbles. I like to get really close which I don’t recommend, but it’s your call and nose.

Sprinkle with more fresh thyme when it’s done and ladle big scoops over some rice to soak up that sauce.

Chicken Casserole with sweet potato

CHICKEN CASSEROLE WITH SWEET POTATO AND PANCETTA

COURSE: MAIN COURSE

CUISINE: AMERICAN

PREP TIME: 45 MINUTES

COOK TIME: 50 MINUTES

TOTAL TIME: 1 HOUR 35 MINUTES

SERVINGS: 4 PEOPLE

CALORIES: 344 KCAL

AUTHOR: GERRY SPEIRS

A chicken and sweet potato casserole with Pancetta, covered in melted Gruyere cheese and fresh thyme.

INGREDIENTS

2 large sweet potatoes
1 1/2 lbs skinless chicken breasts
1/2 teaspoon garlic powder
1/2 teaspoon onion powder
1 tablespoon plus 2 teaspoons fresh chopped thyme plus more for garnishing
Salt and cracked black pepper
1 tablespoon butter
1/2 cup diced shallot
4 ounces cubed Pancetta
1/4 cup dry white wine
2 tablespoons unsalted butter
2 tablespoons all-purpose flour
3/4 cup milk
3/4 cup chicken stock
1 1/2 cups Gruyere cheese

INSTRUCTIONS

Preheat the oven to 350 F.
Peel and half the sweet potatoes.
Bring a pot of water to a full boil and cook the potatoes for about 20 minutes. Drain and set aside.
Rinse and pat dry the chicken breasts.
Slice them in half at an angle to create 4 smaller pieces.
Mix the garlic, onion, chopped thyme, <g class="gr_ gr_217 gr-alert gr_gramm Punctuation only-ins replaceWithoutSep" id="217" data-gr-id="217">salt</g> and pepper together and rub all over the chicken pieces.
In a large saute pan melt the butter and add the shallot. Cook until soft, about 2-3 minutes.
Add the Pancetta and cook for a further 5 minutes or until the Pancetta is cooked and turning crispy.
Add the wine and deglaze the pan scraping the bottom of the pan with a wooden spoon.
Cook for about 3-4 minutes and then add the chicken.
Sear the chicken for 2 minutes on each side and transfer everything from the pan to an oven-proof dish. I used a 10-inch casserole dish.
In the same pan, without cleaning it melt the butter (2 tbsp)
Add the flour and whisk until it starts to turn light golden in color.
Combine the milk and stock and gradually pour small amounts into the pan.
It will thicken up but whisk well after each addition and you should have no lumps.
Continue until all of the liquid has been added and simmer for about 3-4 minutes and the sauce starts to thicken.
Season with some salt and pepper.
Roughly chop the sweet potatoes into 1-inch chunks and arrange in the same dish as the chicken.
Pour the sauce all over the chicken and sweet potatoes.
Bake in the oven for about 45 minutes uncovered until bubbling.
Test a sweet potato by piercing it with a sharp knife. It should go into it easily. If not cook for a further 5 minutes and test again.
Switch your broiler to high.
Sprinkle the cheese over the casserole and place under the heat.
Cook until all of the cheese has melted and is bubbling and starting to brown.

Nutrition Facts

Chicken Casserole with Sweet Potato and Pancetta

Amount Per Serving

Calories 344

* Percent Daily Values are based on a 2000 calorie diet.

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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!