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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!

Rainbow Chicken Salad With Almond Honey Mustard Dressing

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Rainbow Chicken Salad in a bowl on a napkin.
One thing I love: this honey mustard dressing, which I am still licking off my fingers as I type this. TMI?One thing I Do Not Like: when I have to stay home alone. Example –> when Bjork goes on work trips.
He got invited to go to an affiliate conference with a friend, so, you know, they spent a few days having nice dinners and shaking peoples’ hands. The life of a conference-goer.
I took care of the new old house for a few days. Just me, myself, and the horrendously mysterious creaking house noises coming from the basement. I know you’re down there, house monster.
It shouldn’t be a big deal. I mean, our neighborhood is very safe (confidently stated as a totally naive new-to-the-neighborhood person), our doors have rusty but functional locks, and my phone is attached to my body with 911 at the ready. Just kidding // sort of.
There are even some secretly awesome things about being home alone that I try to appreciate, like getting lots of work done. *wheee* Or watching husband-prohibited shows like Extreme Couponing on Netflix. Or having access to all the blankets at all times, or only having to wash one set of dishes, or mostly just eating the healthy fettuccine alfredo all-by-my-self. ALMOST worth it.
But no matter how much fettuccine alfredo I get out of the deal, I loathe the whole staying home alone thing.
I am either
a) so madly in love with the man that I can’t stand staying here without him,
b) a paranoid crazy person, or
c) in desperate need of a dog.
Correct answer – D. All of the above. And throw a healthy salad in there, too. That will most definitely help the cause.
Rainbow Chicken Salad in a bowl with a fork.
And now, for a few words on Rainbow Salad.

This Rainbow Salad has fruit. How do you feel about fruit in salad? Red grapes, blueberries, and that kinda thing? I feel reeeeeal good about it. Like juicy fresh yum yum. Also noteworthy is the golden brown chicken. It was simple and delicious and I it makes me happy that I wasn’t pretending to be a vegetarian while putting at all together. Add in some crunchy almonds, creamy tangy feta, and the gang’s all there. Almost.

As if I need to even tell you, the crown jewel of this salad is the dressing. It’s made with almond butter for a incredibly smooth and creamy texture, plus it has the perfect sweet and tangy taste of a homemade honey mustard. It’s my favorite dressing that I’ve made this year, which puts us at one for one. It was just superdelicious.

Eat the rainbow, yo.



DESCRIPTION

This Rainbow Chicken Salad is topped with the most creamy and delicious homemade Almond Honey Mustard Dressing. Perfect for lunch or dinner!

INGREDIENTS
for the salad
2 teaspoons olive oil
8 ounces boneless, skinless chicken breasts (mine were cut into smaller, thinner pieces which made the sauteing a bit easier)
1/2 teaspoon salt
1/2 teaspoon pepper
1 teaspoon chili powder
2 cups grapes, halved
1 cup fresh blueberries
3 cups curly lettuce, chopped
1/2 cup feta cheese
1/2 cup almonds, chopped or crushed
for the dressing
3 tablespoons almond butter
1 tablespoon olive oil
2 tablespoons freshly squeezed orange juice
3 tablespoons water
1 tablespoon stoneground mustard
1/2 tablespoon raw honey
1/4 teaspoon salt, more to taste
1/2 teaspoon garlic

INSTRUCTIONS
Heat the oil in a large skillet over medium high heat. Sprinkle the chicken with the salt, pepper, and chili powder. Saute in the oil for a few minutes, flipping the chicken now and then to cook through and get a nice golden color on both sides. When the chicken is cooked, remove from heat and set aside.
Cut and prep all the vegetables and fruits. When the chicken is cool enough to handle, cut into bite sized pieces. Place the salad ingredients in a large bowl – you can either arrange the bowl by ingredient, like pictured, or toss everything together. Refrigerate to chill.
For the dressing, puree all the dressing ingredients in a food processor until smooth. Taste and adjust to your preferences. Pour dressing over salad and serve.


NOTES

After snapping these photos, I threw some crumbled crispy onions on top for a little extra crunch and flavor. Bjork just about died of happiness.


more recipes @ https://pinchofyum.com

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