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!

Delicious Chicken Biryani Recipe

Whether or not you are a rice lover, the aroma emanated from a plate of biryani is bound to stir the excitement of your taste buds. The infusion of spices and condiments combined with the long grained Basmati rice and the tenderly cooked meat (or vegetables), the Lucknawi or the Awadhi Biryani is a feast in itself. The royal dish is best served hot with a simple raita (curd).

The style of cooking Biryani in North India differed from the Southern states. Since a large part of North India was inhabited by vegetarian communities like Brahmins and Marwaris, North Indians successfully experimented with it to arrive at the vegetarian versions. Vegetable Biryani, colloquially called 'Tehri' is a classic Sunday meal in most North Indian homes.

Here below Chicken Biryani Recipe :
 
Ingredients :
  • Boneless chicken 600 grams
  • Basmati rice 1 1/2 cups
  • Oil to deep fry 3 tablespoons
  • Cinnamon 1 inch stick
  • Bay leaves 2
  • Cloves 5-6
  • Cumin seeds 1 teaspoon
  • Green cardamoms 3-4
  • Onions sliced 2 medium
  • Green chillies slit 3
  • Turmeric powder 1/4 teaspoon
  • Tomatoes chopped 2 medium
  • Salt to taste
  • Ginger paste 3/4 teaspoon
  • Garlic paste 3/4 teaspoon
  • Red chilli powder 1/2 teaspoon
  • Thick yogurt 1 cup
  • Onions sliced and fried brown 3 medium
  • Garam masala powder 1/2 teaspoon
  • Ginger cut into thin strips 1 inch piece
  • Fresh mint leaves torn a few
  • Fresh coriander leaves torn a few
  • Milk 1/2 cup
  • Rose water a few drops
  • Eggs boiled and sliced
     
How To Make :



Step 1
Cut chicken in one inch pieces. Boil rice and set aside. Heat oil in a non-stick pan, add cinnamon, bay leaves, cloves, cumin seeds, green cardamoms and sauté for half a minute.



Step 2
Add sliced onions and sauté. Add slit green chillies and chicken cubes and continue to sauté. Add turmeric powder and mix. Add tomatoes and salt and mix. Add ginger-garlic paste, red chilli powder and yogurt. Mix well.



Step 3
Add half the fried brown onions. Add the boiled rice on top. Sprinkle garam masala powder, ginger strips, mint leaves and coriander leaves. Sprinkle milk, rose water and remaining browned onions.



Step 4
Cover and cook on low heat for about ten minutes. Garnish with the egg slices and serve hot.

Ingredients
for chicken
1 tablespoon
vegetable oil
10 grams
garlic (grated)
10 grams
ginger (grated)
1
serrano chili peppers (to taste, minced)
5 grams
mint (finely chopped)
10 grams
cilantro (finely chopped
1 tablespoon
garam masala
1/2 teaspoon
ground cinnamon
1 teaspoon
salt
900 grams
bone-in skin-on chicken thighs
for rice
6 cups
water
2 1/2 teaspoons
salt
5
pods green cardamom (smashed)
1 teaspoon
cumin seeds
1
bay leaf
360 grams
basmati rice (~2 cups)
for onions
2 tablespoons
ghee
2
medium onions (sliced thin)
for Biryani
1 cup
reserved boiling liquid (from rice)
1/2 teaspoon
saffron threads
cilantro (for garnish)

Read more at: https://norecipes.com/chicken-biryani-recipe
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