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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!

5-INGREDIENT SLOW COOKER STEAK FAJITAS



5-INGREDIENT SLOW COOKER STEAK FAJITAS (PALEO, WHOLE30)
There are only 5-Ingredients in this slow cooker steak fajitas recipe. This easy yet delicious whole30 and paleo dish is perfect any day of the week.

Yesterday was National Margarita Day and I completely missed out. I will not miss out on Taco Tuesday! Fajitas count right? I’m all about simplicity these days so there are only 5 ingredients in this recipe and they are: beef, bell pepper, onion, salsa, and fajita seasoning.


BEEF – I used a 2 pound grass-fed, angus beef boneless chuck roast sliced up. You can use your preferred cut of beef whether it be roast, tri-tip, flank steak, etc.

Salsa – My slow cooker salsa is a great option! Otherwise use 20 ounces of your favorite brand. You can even use salsa verde.

Seasoning – I won’t preach because I use packet on occasion, but in general I heavily encourage you to ditch the store-bought seasoning packets. Below is my go-to homemade fajita seasoning. You probably have all these spices in your pantry already. This makes about 2 1/2 tbsp which is equivalent to 1 packet of store-bought. I make a big batch and keep a mason jar full of it in my cupboard.



Normally when I make this slow cooker steak fajitas recipe I only use 1 bell pepper. This time though, I wanted more veggies so I used two – a combo of red and green. I like to give this a good stir before putting the lid on so the salsa and seasonings are distributed evenly.


Set it and forget it. You can substitute chicken or pork instead of beef if you like. Heck I have even made these fajitas using a large turkey breast. The concept stays the same, just swap out the protein.


5-INGREDIENT SLOW COOKER STEAK FAJITAS
Author: Fit SlowCooker Queen 
Prep Time: 5 mins
Cook Time: 4 hours 
Total Time: 4 hours 5 mins
Yield: 6 servings

INGREDIENTS
  • 2 lbs beef, sliced
  • 1-2 bell peppers, sliced
  • 1 onion, sliced
  • 20 ounces salsa
  • 2 tbsp fajita seasoning (see blog post for homemade mix)
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INSTRUCTIONS
  1. Add salsa to bottom of the slow cooker.
  2. Add beef, onion, bell pepper and fajita seasoning. Stir to mix well.
  3. Cook LOW 6-8 hours or HIGH 3-4.

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