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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!

One Hour Chicken Pot Pie

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One Hour Chicken Pot Pie...Comfort food at it's finest!
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One Hour Chicken Pot Pie...Comfort food at it's finest!
Last week, we took Grace to the pediatrician for her 2 month check up and her first round of vaccines.  The doctor was so impressed with her growth! She is only nursing and has almost doubled her birth weight already! She’s also grown 5 inches since birth.  We’ve got a big girl on our hands!
I was so nervous about the vaccines.  I felt so bad for her! But she was great and only cried once with each pinch (she got 3!).  I think I was sadder than she was! hahaha  This Friday she is getting her ears pierce… yayyy! Finally!! I can’t wait to see her in earrings!
Mikey and I didn’t want to go out to eat since we knew she might get cranky or just be really sleepy so we decided to go home.  When we got home, we really wanted something yummy to eat.  I don’t know why, but we were both in the mood for some comfort food (maybe because of the vaccines that neither of us got? haha).
One Hour Chicken Pot Pie...Comfort food at it's finest!
I saw that I had some chicken breasts and decided to make that…. then I remembered my pie dough recipe that I haven’t made in a while! I decided on chicken pot pie.
I made the my favorite pie dough in no time.  It really is such an easy recipe (no refrigeration required!)! I was able to make the dough, roll it out, prep the filling mixture and bake it in right under an hour. I always thought chicken pot pie would be more time consuming, but it was pretty fast!
It also wasn’t difficult at all.  The pie dough is forgiving since it doesn’t have to look perfect! The filling is going to cover it all anyway, so don’t get hung up on the looks of it.
One Hour Chicken Pot Pie...Comfort food at it's finest!
We made ours with carrot, onion, peas and corn as the veggie filling, but feel free to use any veggies you want! I know it’s usually made with celery as well, but neither of us are a huge fan of celery so we decided to pass on that.  You can really do whatever you want with this!
The pie crust recipe will be enough for two pies.  So feel free to make a chicken pot pie and a dessert pie as well.  Maybe my Peach Crumble Pie? Pies for dinner! The best!!
One Hour Chicken Pot Pie...Comfort food at it's finest!
If you make this, tag me on Instagram so I can see! Or use the hashtag #toeatdrinkandbemarried
  • Servings: 2 loaves

Ingredients

  • 1 homemade pie crust (or store bought if you’re really in a pinch!)
  • 1lb chicken breast, cubed
  • 3/4 cup sliced carrots (about 2 small carrots)
  • 1/3 cup unsalted butter
  • half of a medium onion, chopped
  • 2 tsp. minced garlic
  • 1/3 cup all purpose flour
  • 1 tsp. salt
  • 1/2 tsp. black pepper
  • 1/2 tsp. ground thyme
  • 1 3/4 cups chicken broth
  • 2/3 cup whole milk
  • 1/2 cup frozen peas
  • 1/2 cup frozen corn
  • 1 large egg, beaten

Directions

  1. Prepare a homemade pie crust from this recipe (homemade is easy and delicious… try it!) or remove store bought dough from the oven.  Preheat oven to 425F.
  2. In a large pot, combine chicken and carrots and boil until chicken is cooked through (around 10-12 minutes).  Drain and set aside.
  3. In a large skillet, melt butter.  Add onion and garlic until onions are translucent, stirring occasionally so it doesn’t stick.  Whisk in the flour, salt, pepper, thyme, chicken broth and whole milk.  Cook while whisking until flour is evenly stirred in.  Simmer over medium-low heat until the sauce has thickened a bit, stirring occasionally (around 10-12 minutes).
  4. When the pie dough is in the pie dish, pour the chicken mixture in it.  Top with frozen peas and corn.  Pour the sauce mixture over the top.
  5. Roll out a second piece of pie dough and cover the pie. Pinch the seams so it seals.  Then, cut slits over the top to allow the steam to come out during cooking.  Brush the top of the pie with the beaten egg.
  6. Bake for 30-40 minutes or until golden brown.  If edges are browning too much, cover with a bit of foil.  Cool for 15 minutes before serving (this allows the sauce to thicken up again).  Slice and serve!
For a creamier texture, add half and half instead of whole milk.

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