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!

OVEN BAKED PORK CHOPS

These oven baked pork chops are truly delicious, and they’re a perfect “comfort” dish on fall and winter evenings. Covered with cream of mushroom soup during the last half-hour of baking, they’re sure to bring many smiles to many satisfied faces!

To get the best results from all pork chop recipes, you really need to start with the best pork chops. Whether your cooked meat comes out fork tender will depend mostly on the cut of pork you choose. Not all pork chops are alike — some are fatty, some are lean. I’ve found that the best cuts to use for oven baked pork chops are the bone-in blade chop, shoulder chop, or sirloin chop simply because they’re the most tender cuts. You can definitely use leaner cuts of pork in this recipe, it’s just that the meat won’t come out as tender. Whichever chops you choose, make sure they’re pale-pink in color (shoulder chops might be a little darker). Also, the chops you choose should look a little marbled (pink meat with white fat); the less marbled they appear, the leaner the pork chops.

What makes these oven baked pork chops so wonderful is that they’re breaded before you cook them, which creates a delicious flavor and gives them a nice, smooth texture when you cover them with cream of mushroom soup that’s been combined with a little Worcestershire sauce and chicken broth, just . . . yummy!

These oven baked pork chops are incredibly easy to make — here are a few quick tips on the process:
Read through the recipe a couple times just to get familiar with the basic steps involved.
Before starting, measure and lay out all of your ingredients, including three separate bowls for the flour, eggs, and bread crumbs. Doing this first will make the whole process a snap!
You don’t need to oil your baking dish for this recipe!
Cover your pork chops during the last 25-30 minutes of baking time (after the soup mixture has been added).



I really think you’ll enjoy putting this dish together, and I know you’ll truly love the results! Serve these oven baked pork chops with your favorite variety of rice, mashed potatoes or roasted potatoes, along with a side vegetable or salad for a luscious dinner. You can bet that this recipe will become a favorite in your household!

These oven baked pork chops are the perfect “comfort” dish on fall and winter evenings. Covered with cream of mushroom soup during the last half-hour of baking, they are tender and delicious!

SERVINGS: 6 SERVINGS
OVEN BAKED PORK CHOPS
PREP TIME:
15 MINS
COOK TIME:
1 HR 10 MINS
TOTAL TIME:
1 HR 25 MINS

COURSE: MAIN COURSE
CUISINE: AMERICAN
KEYWORD: OVEN BAKED PORK CHOPS


These oven baked pork chops are the perfect “comfort” dish on fall and winter evenings. Covered with cream of mushroom soup during the last half-hour of baking, they are tender and delicious!
INGREDIENTS


6 pork chops
2 eggs beaten
2 teaspoons parsley
1 teaspoon garlic powder
1/4 cup all-purpose flour
2 cups Italian style breadcrumbs
olive oil
1 10 3/4 ounce can cream of mushroom soup
1/2 cup milk
1 tablespoon Worcestershire sauce
1/3 cup chicken broth
INSTRUCTIONS

Preheat oven to 350 degrees F.

Rinse pork chops, pat dry.

Place the beaten eggs in a small bowl. Combine flour and seasonings. Dredge the pork chops in flour, egg, and breadcrumbs.
Heat about 1 tablespoon olive oil in a pan over medium-high heat. Lightly brown each side adding more oil as needed.
Place in a 9 x 13 baking dish, and cover with foil. Bake 35 min.
While baking, combine the cream of mushroom soup, milk Worcestershire and broth in a medium bowl.
After 35 min top with soup mixture, cover and bake an additional 25-30 minutes or until fork tender.


Serve over rice.


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