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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!

Buffalo Chicken Taquitos For The Win


Do you love Buffalo Chicken Dip? Do you love flour tortillas? If you answered yes, this recipe is for you! I’ve combined two of my favorites into one super recipe…Buffalo Chicken Taquitos.





My family can throw down on on some Buffalo Chicken Dip. It’s one of those recipes that’s a given on Game Day or when we have a gathering. Recently, I started thinking of a fun way to jazz up this recipe and Taquitos hit me like a ton of bricks. We love taquitos! I got to wondering how Buffalo Chicken Dip would taste if I rolled it up in a flour tortilla? AMAZING…that’s how they turned out!




The hubby is a huge connoisseur of Buffalo Wings and he loves these Buffalo Chicken Taquitos. Seriously, I love them too! I do change up one of the main ingredients from Buffalo Chicken Dip…canned chicken. I’m not a big fan of the canned chicken so I use a rotisserie chicken but it’s totally up to you.
The serving amount depends on if you keep the Buffalo Chicken Taquitos whole or cut them in half. If you need less, keep them whole. If you need more, cut them in half.
I love a dipper for Taquitos so I set out a small dipping bowl of Ranch. Since it’s Buffalo Chicken Taquitos, you could even try Blue Cheese as a dipper.
Add a bowl of Buffalo Sauce for those who are daring.



Ingredients
1 pkg cream cheese, softened (8 ounce)
1/2 cup ranch dressing
1/2 cup buffalo sauce
1 rotisserie chicken, shredded
1 cup shredded cheddar cheese
24 flour tortillas, fajita size
non-stick spray

Directions
Preheat oven to 450 degrees.
Spray a baking sheet with non-stick cooking spray and set aside.
Mix softened cream cheese, ranch dressing, and buffalo sauce until well combined in a large bowl. The mixture should be smooth.
Mix the shredded rotisserie chicken and shredded cheese into the cream cheese mixture.
For each Taquito, spoon a large tablespoon of the chicken mixture onto each flour tortilla. Spread in a thin line from one side to the other.
Roll each tortilla up tightly around the chicken mixture and place seam side down on the baking sheet.
Continue assembling each taquito one at a time until you’re done.
Once all taquitos have been assembled and placed on the baking sheet, generously spray the tops with non-stick cooking spray.
Bake for 10 minutes. Pull from oven and flip taquitos over. Bake for an additional 5 minutes or until golden brown.

recipes link from easypeasypleasy.com

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