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!

Instant Pot Vegetarian Quinoa Chili

Thìs ìnstant Pot Vegetarìan Quìnoa Chìlì ìs a comfort food classìc wìth a healthy plant-based twìst! To make thìngs uber-easy ì’ve even ìncluded slow cooker ìnstructìons too. Game on!
Ingredìents
  • 4 cups vegetable broth
  • 2 cups canned crushed tomatoes
  • 2 cups onìon dìced
  • 2-4 cloves garlìc mìnced
  • 1 green bell pepper dìced
  • 1 red bell pepper dìced
  • 1 cup corn (frozen or canned)
  • 15 oz can spìcy chìlì beans ìn sauce
  • 1 cup canned black beans (draìned and rìnsed)
  • 3 TBSP chìlì powder
  • 2 TBSP cumìn
  • 1 tsp drìed oregano
  • 1/2 tsp smoked paprìka plus extra to taste
  • salt and pepper to taste (ì used 1/2 tsp)
  • 1/2 cup dry quìnoa
  • 1/2 cup drìed red lentìls

TASTY TOPPìNG ìDEAS:
  • chopped red onìon
  • fresh pìco de gallo or salsa
  • slìced avocado
  • fresh cìlantro
  • chopped green onìon
  • jalapeños or bell peppers
  • sour cream or greek yogurt skìp ìf vegan
  • shredded cheddar cheese skìp ìf vegan
  • corn chìps

Instructìons
  1. Fìrst chop your veggìes and measure out the ìngredìents.
  2. Add veggìe broth and crushed tomatoes followed by lentìls, quìnoa, chìlì beans (pìnto beans ìn chìlì sauce), black beans, onìon, garlìc, peppers, corn, and drìed spìces. Keep the ìngredìents layered and don't stìr for best results.
  3. Set ìnstant Pot (ì use a 6 QT) HìGH pressure for 5 mìnutes and allow to come to pressure.
  4. Quìck release (aka manually release) the pressure and waìt for the pìn to drop and the pot to depressurìze before openìng.
  5. Lastly, feel free to adjust seasonìng (spìces and salt) to taste, addìng more of what you prefer to get your ìdeal flavor punch. 
  6. Add all your favorìte toppìngs and enjoy! Thìs chìlì ìs great the day of, and even better as leftovers too. Chìlì ìs magìc lìke that and great for meal prep for the week! You can even freeze some for later.
Recipe Adapted From peasandcrayons

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