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!

Beef Broccoli Recipe

Beef Broccoli Recipe
If you love getting take-out beef broccoli, you will fall in love with this super easy Instant Pot Beef Broccoli recipe. In less time that it would take to call in an order & wait for it to be delivered, you can make your own in the comfort of your own home.
My friends, let me tell you, I love love love beef broccoli. Well, if I’m being honest, I am a giant child & I pick out the broccoli & just eat rice & meat. But that sauce – it’s SO GOOD!
So, I’m not a fan of broccoli, never have been. But I do love how it adds to the flavor of the meat & sauce in this recipe. Plus the family goes CRAZY for this dish. Who wouldn’t? It’s like having take-out quality food in like 35 minutes. WOW!

Beef Broccoli Recipe
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Just LOOK AT THAT! It’s just as good as it looks – actually EVEN BETTER! This recipe is great because it is dump & go, which is a big deal for me. I don’t like a ton of complicated steps. I want things easy enough that I can pass dinner off to the kids while I wrap up things here in the office.


This recipe is certainly that way. Unlike a lot of Instant Pot recipes out there, this is just as simple as my slow-cooker method. You can’t beat that because it is SO MUCH FASTER
Here are some commonly asked questions
What kind of meat do I need to make Beef Broccoli?
Many people will use flank steak that is sliced across the grain. I have done that in the past with great results. But this time I was quite pleased with this thinly sliced carne asada. It was all I could find at the store & I was already picking some up for another recipe. It really turned out great.

What if I don’t have a pressure cooker?
Good news! I you can try my slow cooker beef broccoli which is just as easy. It is a family favorite.
Can I use my Instant Pot to make the rice too?
Yes you can. I would suggest that you make it before making the beef broccoli & just transfer the cooked rice to another bowl while making the beef.
HOW DO YOU MAKE INSTANT POT BEEF BROCCOLI?
Combine sauce ingredients together in a small bowl & whisk.
Add beef to the pot & top with sauce mixture.
Close the lid & cook on manual.
Natural release & then quick release.
Add cornstarch.
Add broccoli.
Serve over rice.

Instant Pot Beef Broccoli
To make this recipe you will need…
flank steak or carne asada
steamed broccoli
minced garlic
soy sauce
sesame oil
beef broth
brown sugar
cornstarch
steamed rice
With a recipe this quick AND delicious – you’ll never go for take-out again!
Scroll to the bottom for the Printable Recipe
PRESSURE COOKER BEEF BROCCOLI RECIPE
Instant Pot Beef Broccoli
Want a quick & easy pressure cooker recipe that has dinner on the table in just 35 minutes? Check out this delicious Instant Pot Beef Broccoli! So good!
Course dinner
Cuisine Chinese
Keyword beef, broccoli, chinese, dinner
Prep Time 15 minutes
Cook Time 15 minutes
Total Time 30 minutes
Servings 8

Ingredients
  • 3 lbs flank steak or carne asada
  • 4 cups steamed broccoli
Sauce
  • 2 tbsp minced garlic
  • 1/2 cup soy sauce
  • 2 tbsp sesame oil
  • 1 cup beef broth
  • 1/3 cup brown sugar
  • 3 tbsp cornstarch
Side
  • steamed rice
Instructions
  1. Combine sauce ingredients (except cornstarch) together in a small bowl & whisk.
  2. Add beef to the pot & top with sauce mixture.
  3. Close the lid & cook on manual for 10 minutes.
  4. Natural release for 10 minutes & then quick release.
  5. Remove beef from pot & set aside.
  6. Turn off pot & then turn on sautee
  7. Whisk in cornstarch & stir until sauce thickens.
  8. Add the beef back in & stir.
  9. Add in steamed broccoli.
  10. Serve over rice.

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