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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!

KETO CHICKEN PARMESAN CASSEROLE

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KETO CHICKEN PARMESAN CASSEROLE

This Keto Chicken Parmesan Casserole is a super easy dinner recipe that’s bursting with savory, flavorful, cheesy, tomatoey flavor! Your whole family will love it, and you’ll love how simple it is to put together!
This recipe is used with permission from Easy Keto Dinners by Carolyn Ketchum.

I was so excited to receive a copy of Easy Keto Dinners by the outstanding author, Carolyn Ketchum of All Day I Dream About Food, I couldn’t wait to share a recipe with you.

By couldn’t wait, I mean it. This cookbook came in the mail just yesterday! That’s how excited I am about it. Carolyn is an incredible low carb influencer who is also the author of The Everyday Ketogenic Kitchen, another fantastic resource for anyone following a keto diet.
When I say the dinners in this cookbook are easy, I mean EASY. But they are in no way recipes that are just for beginners. Easy Keto Dinners is full of 50+ crowd pleasing recipes that are made with ingredients you already have in your fridge and pantry.

With all of life’s hustle and bustle, what could be better than healthy, low carb, delicious meals that you can whip right up and serve to your family? Carolyn gets it, and she NAILED it.

The recipe I’m sharing today is a fun, keto spin on one of my favorites from my higher carb days. Chicken Parmesan.

KETO CHICKEN PARMESAN CASSEROLE
I love casseroles, especially at the end of a long day. There’s something just so satisfying about throwing everything into a dish and popping it into the oven…even more satisfying when the result is delectable AND good for you!

This recipe has such yummy Italian flavors, and even includes one of Carolyn’s bonus recipes for Cheaters Tomato Sauce, low carb goodness you can ONLY find in Easy Keto Dinners.

To make the recipe even quicker, Carolyn suggests using your favorite no-sugar-added marinara in place of the easy Cheater’s Tomato Sauce, so don’t worry if you haven’t ordered your copy yet!

My go-to is usually Rao’s Homemade Marinara Sauce (only 3 net carbs per 1/2 cup serving)!
Speaking of carb counts, this chicken parmesan casserole also has excellent macros. For one serving you’re looking at:

Calories: 438 Calories
Fat: 25.6g
Protein: 43.8g
Carbs: 4.2g
Fiber: 0.8g

Enough talk…it’s time to get to the good stuff! Here’s how you make it!

KETO CHICKEN PARMESAN CASSEROLE
Author: Carolyn Ketchum | Easy Keto Dinners
Prep Time: 5 minutes 
Cook Time: 25 minutes
Total Time: 30 minutes
Yield: 6 Servings

ingredients
  • 5 cups cubed cooked chicken
  • 1 cup no-sugar-added marinara sauce
  • 1/2 teaspoon red pepper flakes
  • 1 ounce Parmesan cheese, grated(about 1 cup)
  • 1 1/2 cups shredded mozzarella cheese (about 6 ounces)
  • 1 ounce pork rinds, crushed
  • 1/2 teaspoon crushed dried basil
instructions
  1. Preheat the oven to 350 F and lightly grease an 8-inch square baking pan
  2. Spread the chicken in the greased dish and pour the tomato sauce over it. Sprinkle with the red pepper flakes. Top with the Parmesan and then the mozzarella. Lightly sprinkle the rushed pork rinds and basil over the top.
  3. Bake for 25 minutes, until the cheese is melted and bubbly.
notes
This recipe can be frozen either before baking or after, and it’s easy to prep a day ahead. Just be sure to wrap it up tightly with foil before putting it in the freezer or fridge.

nutrition
Serving Size: 1/6 of pan
Calories: 438 Calories
Fat: 25.6g
Carbohydrates: 4.2g
Fiber: 0.8g
Protein: 43.8g

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