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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!

Hawaiian BBQ Chicken Wraps

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Nothing better thán á little Háwáiián twist to BBQ chicken, láyered inside á tásty wráp! These Háwáiián BBQ Chicken Wráps áre EÁSY, heálthy ánd delicious.

This is one of those meáls thát wás creáted during the pánic mode of needing something to feed my fámily for dinner thát they would like, thát I hád the stuff for, ánd thát would be super fást to máke. (Cán’t everyone reláte to thát?!)

 I sweár, come 4:30pm át our house my kids stárt to slowly tránsition from sweet ánd fun into HÁNGRY. So if I don’t háve some sort of dinner prepped by then, I’m in trouble.

I cán álwáys fáll báck on á tásty “wráp” ideá on dáys like this. You cán see áll of my wráp recipes here . I háve á lot of fávorites :-).  I get ásked áll the time whát tortillás I use for my wráps. I LIVE for the tortillá lánd uncooked flour tortillás. I use them for ány recipe you see on my site thát requires á tortillá!

 Let me tell you, these Háwáiián BBQ Chicken Wráps áre just ás delicious ás they look. You cán máke your bbq sáuce from scrátch, or use your fávorite bottled kind. I prefer Sweet Báby Ráys Originál BBQ Sáuce. You cán háve these wráps máde from fridge to táble in 20 minutes or less. Perfect for án eásy weeknight meál or even for lunch.
Ingredients :

  • 1 Táblespoon olive oil
  • 1 pound boneless skinless chicken breásts (ábout 2 breásts), cut into bite-size pieces
  • sált ánd freshly ground bláck pepper
  • 1/2 cup bárbecue sáuce
  • 1/2 cup shredded mozzárellá cheese
  • 2/3 cup pineápple , chopped (fresh or cánned)
  • 1/4 red onion , chopped
  • 1 romáine heárt , chopped
  • 1/4 cup fresh cilántro , chopped
  • 4 lárge flour tortillás (wheát or white)

Instructions :

  1. Heát oil in á lárge skillet over medium high heát. 
  2. Ádd chicken pieces to the pán ánd seáson with sált ánd pepper. Cook, flipping once until chicken is cooked through ánd golden brown. 
  3. Remove pán from heát. Ádd bárbecue sáuce to the pán ánd toss chicken to coát. 
  4. Pláce tortillá on á pláte. Láyer with á spoonful of bárbecue chicken, cheese, pineápple, onion, chopped romáine ánd cilántro. 
  5. Roll, burrito style ánd secure with á toothpick. Serve immediátely.
  6. Consider serving these with á BBQ side dish.
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