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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!

PESTO CHICKEN BAKE, ONE PAN RECIPE

PESTO CHICKEN BAKE, ONE PAN RECIPE

This Pesto Chicken bake is an easy, one pan, oven baked, family dinner. Chicken breast pieces are marinated in delicious pesto, along with crispy pesto roast potatoes, vine tomatoes and green beans. A complete one pan meal this makes the perfect midweek supper dish.

It’s easy to fall into a rut though, pasta, peas and pesto (perhaps the alliteration that adds to the appeal?!) when we are in need of a quick 10 minute meal. They love it and it’s super simple when you’re a bit frazzled at the end of the day.

I love a one pan dish, they are just perfect for midweek meals. Easy to pull together during that late afternoon witching hour whilst looking after tired little ones. Plus, this Pesto Chicken Bake obviously involves lots of pesto, so bonus, they are sure to love it too.

Hope you enjoy this recipe as much as we do. I’d love to know how you got on and what you thought of it if you make this Pesto Chicken Bake recipe. Please rate the recipe and leave me a comment below if you do.

One Pan Pesto Chicken Bake RecipeThis pesto chicken bake is an easy, one pan, oven baked, family dinner. It's also dairy free and gluten free and packed with two portions of colourful vegetables.

Ingredients

750 g New potatoes
2 tbsp Olive oil
500 g Mini chicken fillets
120 g Sacla' Free From Pesto
400 g Fine green beans
400 g Vine cherry tomatoes
Salt and pepper

Instructions

Pre heat the oven to 200C.
Put the potatoes and olive oil into the pan, toss the potatoes until coated and bake for about 30 minutes, until starting to soften.
Add the chicken fillets and then spoon the pesto on top of the potatoes and chicken. Put back into the oven for 10 minutes.
Add the green beans and tomatoes, with salt and pepper and toss in the pesto-y juices. Put back into the oven for 10 more minutes or until the chicken is cooked through.

Recipe Adapted PESTO CHICKEN BAKE – AN EASY AND DELICIOUS ONE PAN RECIPE @ tamingtwins

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