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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!

Good Ole Fashioned Chicken + Rice Casserole

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Good Ole Fashioned Chicken + Rice Casserole
Good Ole Fashioned Chicken and Rice Casserole is the ultimate comfort food! It is incredibly simple to make, and requires almost no prep, making it the perfect weeknight meal.
Hey, y'all! So I mentioned in my last post that I've been on a bit of an Asian kick lately. The other night when Ashley got home from work, she asked what we were having for dinner. When I told her we were having Good Ole Fashioned Chicken and Rice Casserole her response was, "Oh thank God! We're finally having American food." Haha. Oops! Apparently, I went overkill with the Asian-inspired food lately. Don't get me wrong, she loves Super Simple Teriyaki Chicken, Thai Chili Chicken and she tore up the Thai Peanut Chicken Tacos with Pineapple Broccoli Slaw, but sometimes you just want some good old fashioned home cookin' that reminds you of your childhood.
Y'all this Good Ole Fashioned Chicken and Rice Casserole is so stinking good! We tore this bad boy up and had it for dinner the next day. What I love most about this recipe, aside from the nostalgia, is how simple it is to make. You literally throw all of the ingredients into a casserole, mix them up and toss them into the oven. It's as easy as that! 
Tip: Use a pre-cooked rotisserie chicken to make this recipe even easier!
This recipe calls for about 4 cups of cooked chicken. You can either cook and shred the chicken on your own or use a rotisserie chicken to cut down on prep. Next, add in 3 cans of cream soup. I use 1 chicken and 2 cream of mushroom, but you could reverse that or even add in a cream of celery. You can basically toss in 3 cans of whatever you have in your pantry and this recipe will turn out fabulous.
Ingredients:
  • 1 rotisserie chicken, or 4 cups of shredded chicken
  • 1 can of cream of chicken soup
  • 2 cans of cream of mushroom soup
  • 1/2 tsp garlic powder
  • 1/4 tsp pepper
  • 1 cup milk
  • 1 cup chicken broth/stock or water
  • 2 cups instant rice, uncooked
  • 3/4 cup to 1 cup fresh parmesan cheese, grated
Instructions:
  1. Preheat oven to 400 degrees. Lightly spray a 13x9 pan with cooking spray. Set aside.
  2. Remove skin from rotisserie chicken and discard. Remove the chicken from the bones and chop into fine pieces or shred with two forks. 
  3. In the 13x9 pan, combine chicken, cans of soup, garlic powder, pepper, milk, chicken broth/stock, and uncooked rice. Stir to combine. Top with grated parmesan cheese.
  4. Bake uncovered for about 40 minutes.
You guys, I'm salivating! Lucky for me I actually have a little bit of this deliciousness left in the fridge. The best part about being a grown-up is being able to eat whatever you want for breakfast. Am I right?
This stuff is fantastic for potlucks and boy does it go fast! I pack the casserole into an insulated totes and they stay nice and hot until it's time to serve them! Here are some of my favorite insulated carriers on Amazon. 
**This post contains affiliate links for your shopping convenience**



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