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!

AWARD WINNING CHIPOTLE CHICKEN GRILLED CHEESE SANDWICH

Yesterday I watched a film titled "CHEF", where the chef ran a food truck business and sold very tasty meat sandwiches. Because of that today I decided to make this "CHIPOTLE CHICKEN GRILLED CHEESE SANDWICH"


And you know? it tastes very delicious even though I don't use the same sandwich ingredients as in the film that uses smoked meat but I prefer using chicken meat !!

The chipotle sauce is super easy to make and can be stored in the fridge for weeks. Once you taste it once it becomes kind of addicting because it has a spicy and creamy flavor. You basically whip all the ingredients for it in the food processor and that’s it!

Chipotle Chicken Grilled Cheese Sandwich Recipe
This recipe requires 1 cup of shredded chicken. You can use any type for pre-cooked shredded chicken you may have on hand or you can use my quick and easy recipe for making shredded
chicken.



Ingredients

  • 1 cup cooked chicken recipe below
  • 10-12 slices of Emmi Le Gruyere
  • 1/2 onion sliced
  • 2 tablespoon butter divided
  • 4 slices of bread

Shredded chicken

  • 1 medium boneless chicken cutlet
  • 1/4 cup water
  • 1 teaspoon oil
  • salt and pepper to taste

Chipotle Sauce

  • 1 chipotle chile in adobo sauce plus 1 tsp. sauce canned
  • ½ cup mayonnaise
  • ⅓ cup plain Greek yogurt
  • 1/4 cup chopped cilantro
  • ¼ tsp. ground cumin
  • ¼ tsp. dried dill
  • Kosher salt to taste

Instructions
To make the chipotle sauce:

  • Place all ingredients in a blender or food processor and puree until smooth about 2-3 minutes. Refrigerate until ready to use.
  • Heat a small pan to medium heat. Add the butter and onions, allow to gently cook for 15 minutes or until caramelized.

For the shredded chicken:

  • Heat a small heavy duty pan to medium/high heat. Add 1 teaspoon oil, chicken cutlet and salt+pepper. Allow to cook for 2-3 minutes on each side or until golden in color. After both sides are golden add 1/4 cup water. Reduce heat to low and simmer for 5 minutes. Remove into a bowl and allow to cool. When cooled shred using 2 forks or with your fingers.

To assemble

  • Place an even layer of cheese on 2 slices of bread. Top with shredded chicken and onions. Drizzle a layer or chipotle sauce (2 teaspoons), then top with more cheese. Top sandwich with the other slice of bread. [br
  • Heat griddle or pan to medium heat. Add 1 teaspoon butter, place sandwich on griddle and cook on each side for 2-3 minutes or until the cheese is fully melted and the bread is golden and crispy. Serve warm!

Recipe Adapted : AWARD WINNING CHIPOTLE CHICKEN GRILLED CHEESE SANDWICH @ gimmedelicious

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