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!

LEMON CHICKEN SOUP WITH TORTELLINI RECIPE

This Lemon Chicken Soup recipe is hearty, warm and savory, yet light, fresh and soothing at the same time.  It is the perfect quick and easy lunch or dinner and will warm you through and through. It requires minimal effort for a return of epic deliciousness.


This easy Lemon Chicken Soup is bursting with pillows of cheesy tortellini, tender chicken, and vegetables kissed with bright, refreshing lemon juice all made in one pot !

Lemon Chicken Soup with Tortellini Recipe
Lemon Chicken Soup bursting with pillows of cheesy tortellini, tender chicken, and vegetables kissed with bright, refreshing lemon juice all made in ONE POT. This Lemon Chicken Soup Recipe is quick and easy, comforting and hearty yet light and fresh at the same time!



INGREDIENTS

  • 12 oz. boneless skinless chicken thighs
  • 1 tablespoon olive oil
  • 2 tablespoons butter
  • 1 small onion, chopped
  • 8 oz. sliced mushrooms
  • 1 cup carrots, sliced
  • 4 garlic cloves, minced
  • 2 teaspoons chicken bouillon
  • 1 tsp each dried parsley, salt
  • 1/2 tsp each dried thyme, dried oregano, ground cumin
  • 1/4 tsp each pepper, red pepper flakes
  • 2 bay leaves
  • 9 cups low sodium chicken broth
  • 1  15.25 oz. can sweet corn, rinsed and drained
  • 12 oz. UNCOOKED fresh cheese tortellini
  • 4 cups loosely packed fresh spinach
  • 2 tablespoons lemon juice plus more to taste
  • freshly grated Parmesan cheese (optional garnish)
  • lemon zest (optional)

INSTRUCTIONS

  1. Heat 1 tablespoon olive oil in a large Dutch oven/soup pot oven over medium high heat.
  2. Add chicken and sear on each side, about 2 minutes per side. Remove chicken.
  3. Add 2 tablespoons butter/oil to the now empty pot and heat over medium high heat. Add onions and mushrooms and cook, stirring occasionally for 6 minutes. Add carrots and cook until tender – about 4 minutes. Add the garlic and thyme and cook 30 seconds.
  4. Add remaining spices, corn, chicken stock and chicken back to the pan.
  5. Bring to a boil; cover and reduce to a gentle simmer. Simmer 10 minutes, remove chicken and let rest 2 minutes then shred.
  6. Meanwhile, bring soup back to a boil. Add tortellini and boil 1-2 minutes or until tender.
  7. Remove from heat and stir in spinach, lemon juice and chicken.
  8. Taste and add additional lemon, salt, pepper to taste. Remove bay leaves.
  9. Garnish with freshly grated Parmesan cheese and lemon zest (optional)

TO MAKE IN THE SLOW COOKER

  1. Sear chicken as instructed above and add uncut chicken to the bottom of a slow cooker, followed by all of the remaining ingredients EXCEPT for the tortellini, spinach, lemon juice and Parmesan. Cover and cook on low heat 6 - 7 hours or on high for 3-4 hours.
  2. When ready to serve, remove chicken to a cutting board and let rest for 10 minutes. Meanwhile, add tortellini to the slow cooker (turn to high heat if on low). After 10 minutes, shred chicken and add back to slow cooker along with spinach and lemon juice. Tortellini should be about cooked by this time, approximately 15 minutes total. When tortellini is completely cooked and spinach wilted, taste and add additional lemon, salt, pepper to taste. Remove bay leaves.
  3. Garnish with freshly grated Parmesan cheese and lemon zest (optional)

RECIPE NOTES
*You may substitute boneless, skinless chicken breasts but they take closer to 20 minutes to cook.  
**For a less "chunky" soup, simply add more chicken stock at the end of cooking.
Recipe Source : LEMON CHICKEN SOUP @ carlsbadcravings

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