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!

20 MINUTE PANANG CHICKEN CURRY

A simple Panang chicken curry that you can throw together in under 20 minute! The perfect weeknight dinner recipe!



20-minute weeknight dinners are my love language!

And this Panang chicken curry hits all the high marks. Creamy, smooth, tangy yet sweet curry loaded with tender chicken, peppers, and Thai basil. Keep it simple and server it over a bowl of steaming rice and just add it to the weekly rotation because the crowds gonna go wild.

We’ve had nothing but rain here in our part of Houston lately, and come September, all I want is comfort food. Bring on the Texas-style chili, the Mexican chicken noodle soup, and now, my Panang chicken curry.



Thai food is some of my favorite things to make because:
those flavors are a party in my mouth.
involves coconut milk.
it’s comfort food.

Todays Panang chicken curry is loosely based off of the one from our favorite Thai restaurant in Houston. They keep it pretty straightforward (just meat and curry) but I like to add red bell pepper and a sliced shallot into the mix because the flavors work so well with the sweet and spicy, peanut flavored curry.

I’ve been making Panang curry for years but for the life of me, I couldn’t figure out how they got it to have this deep, rich and tangy flavor. I tried everything! Lemon juice, lime juice, lemongrass but time after time, I couldn’t make it like theirs. Until now. The number one ingredient that gives Panang curry it’s classic tang? Tamarind paste. It’s the stuff we use when we’re making pad Thai, so I thought, huh, why not add a smidge to our Panang curry as well? And it did the trick. It gives the curry a nice and dark, slow-simmered, tangy flavor one that lime juice wasn’t providing.



WHAT YOU NEED TO MAKE PANANG CHICKEN CURRY IN 20 MINUTES:
panang curry paste (affiliate link)
fish sauce (affiliate link)
tamarind concentrate (affiliate link)
creamy peanut butter
chicken
sliced veggies
coconut milk
A NOTE ABOUT PANANG CURRY PASTE:

There are a variety of Panang curry pastes available on the market, the one I use it called Mae Ploy. Keep in mind that traditional Thai brands of curry paste will always stretch further than brands like Thai Kitchen which are readily available in mainstream grocery stores.

If you use a curry paste from an Asian supermarket, I suggest starting with 1-2 tablespoons of curry paste (2 if you can really handle spicy food.) Brands that are more readily available in most grocery stores seem to be less potent, so you’ll want to use 2-4 tablespoons of curry paste depending on your spice preference.


HOW TO MAKE PANANG CHICKEN CURRY:

You’ll notice we’re not using any oil in today’s Panang curry recipe. Grab your coconut milk, without shaking the can, skim a couple of tablespoons off the top and add that to your hot skillet or saute pan. This is the coconut cream; it’s loaded with oil so we’ll use it to cook our curry paste. Then add the curry paste and peanut butter and allow the flavors to wake up. Make sure it doesn’t burn though! Then we’ll add the chicken and mix it so that everything is coated well. Add the rest of the coconut milk along with the fish sauce, tamarind, sugar, veggies, and let it all just simmer until the chicken cooks through and the curry thickens, that’s it!

HOW TO SERVE PANANG CHICKEN CURRY:

In the past, I’ve shared a Panang curry noodle bowl with you so you can certainly serve this over rice noodles or egg noodles. Steamed white or brown rice is my favorite though way to eat Panang curry though!

Hope you enjoy this quick and easy weeknight dinner recipe!


YIELD: 4-5 SERVINGS
20 MINUTE PANANG CHICKEN CURRY

prep time:10 MINS

cook time:10 MINS

total time:20 MINS


A simple Panang chicken curry that you can throw together in under 20 minute! The perfect

INGREDIENTS:
1 ½ -2 (14-ounce) can coconut milk
2-4 tablespoons Panang curry paste
1 tablespoon creamy peanut butter
1 ¼ pound boneless skinless chicken, thinly sliced
1-2 tablespoons fish sauce
2 tablespoons brown sugar
1 teaspoon tamarind paste concentrate (or more for more tang)
1 shallot, thinly sliced (or ½ red onion)
1 red bell pepper, thinly sliced
3 kefir lime leaves, optional
¼ cup basil leaves

DIRECTIONS:

PASTE: Without shaking the can, skim off two tablespoons of the coconut cream and add it to a sauté pan set over medium-high heat. Add the Panang curry paste along with the peanut butter and cook for 1 minute. Add the chicken and stir to coat, cook for 1-2 minutes. If at any point the sauce begins to stick to the pan, add a couple tablespoons of water to deglaze. Stir in the remaining coconut milk, starting with 1 1/2 cans (adjust with more later if desired.) Add the kefir lime leaves, fish sauce, brown sugar, sliced onion, and red bell pepper.
SIMMER: Allow the curry to come to a simmer, lower the heat and let simmer for 2-3 minutes or until the chicken cooks through. Taste and adjust with additional coconut milk, sugar, tamarind, or fish sauce as desired. Turn off the heat and stir in the basil. Serve warm with rice or cooked rice noodles.

NOTES:
leftover coconut milk can be poured into an airtight container and frozen for up to 6 months.
link recipes from http://littlespicejar.com/20-minute-panang-chicken-curry/

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