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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!

BANG BANG PASTA

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BANG BANG PASTA
This bang bang pasta is ready in about 30 minutes with a no-cook sauce that is addictive and easy to make.
If you’ve already tried my bang bang cauliflower, this sauce isn’t quite the same. To make it more suitable for pasta, the bang bang sauce is less sweet and more spicy. It’s a few extra ingredients, but it’s still super delicious. Mr. K actually preferred the pasta version over the dipping sauce.
I tossed the pasta in the sauce first, then spooned some additional sauce on top. I love my pastas to be extra saucy.
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BANG BANG CHICKEN PASTA
PREP TIME: 10 MINUTES
COOK TIME: 15 MINUTES
TOTAL TIME: 25 MINUTES
COURSE: MAIN DISHES
CUISINE: ASIAN
SERVINGS: 4
Pasta and chicken tossed with spicy bang bang sauce is an easy 30-minute dinner.
INGREDIENTS:
8 oz thin spaghetti pasta
1/2 lb boneless chicken breast cubed
2 cloves garlic minced
chopped parsley for garnish
FOR THE SAUCE:
1/2 cup light mayonnaise
1/4 cup + 2 tbsp Thai sweet chili sauce
1/2 tbsp honey
1 tbsp sriracha sauce
1 tbsp lime juice
DIRECTIONS:
Lightly grease a saute pan and turn stove to medium high. Add garlic and cook until aroma of the garlic comes out. Add in chicken pieces and cook until chicken is cooked through and slightly browned.
In a large pot, add water and bring to a boil. Add pasta and cook until done. Drain out water when pasta is finished.
While pasta is cooking, prepare the sauce. In a small bowl, make the sauce by combining all ingredients and mixing with a whisk until smooth. You can adjust as needed.
Add chicken to pasta. Pour 2/3 of the sauce into the hot pasta and toss. Slightly warm the remaining sauce (in the microwave is fine). Dish out pasta onto plates and add remaining sauce on top. Garnish with parsley if desired.

NOTES:
Recipe adapted from Damn Delicious and Luv A Bargain

Nutrition Facts
Bang Bang Chicken Pasta
Amount Per Serving (0.25 g)
Calories 403Calories from Fat 82
% Daily Value*
Total Fat 9.1g14%
Saturated Fat 1.5g8%
Polyunsaturated Fat 4.5g
Monounsaturated Fat 2g
Cholesterol 46.2mg15%
Sodium 521.6mg22%
Total Carbohydrates 49g16%
Dietary Fiber 2g8%
Sugars 12.8g
Protein 20.5g41%
Vitamin A1%
Vitamin C7%
Calcium2%
Iron13%
* Percent Daily Values are based on a 2000 calorie diet.



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