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!

easy honey garlic chicken

sticky and easy honey garlic chicken made fast and simple, with the most amazing 5-ingredient honey garlic sauce that is so good you’ll want to use it on everything

With a recipe that includes both chicken thighs AND chicken breasts, you’re just minutes away from the most addictive Honey Garlic Chicken dinner the whole family loves! The perfect meal to have when you feel like eating something sweet with a hint of savoury.
Crisp and sticky skin (which is optional), a beautiful sauce and perfectly cooked chicken. It doesn’t get any better!
Sticky and Easy Honey Garlic Chicken made simple, with the most amazing and addictive 5-ingredient honey garlic sauce that is so good you’ll want it on everything! | cafedelites.com

easy honey garlic chicken

This super-simple recipe makes a crisp-tender chicken with a perfect, sticky glaze. You may (or may not) remember the crispy oven fried chicken I made a couple months ago? Well, this sauce was so good on those chicken pieces, that I wondered what would happen if I cooked some pieces right in the sauce without any crumbing or breading needed.

honey garlic sauce

This sauce not only tastes amazing, it’s incredible satisfying watching it bubble and morph into a perfectly balanced savoury, sweet and garlicky syrup. But your mouth really begins to water watching the sauce simmer all around your chicken and coat it so effortlessly. The bonus of this recipe? It makes up so much sauce that you have enough to drizzle to over some rice or steamed broccoli.
Sticky and Easy Honey Garlic Chicken is so easy to make using chicken thighs or breasts. Plus the best honey garlic sauce! | cafedelites.com

chicken thighs or breasts?

Chicken thighs are perfect for this recipe, since dark meat is super moist and packed full of flavour. Although, we also love this recipe with chicken breasts… they are incredible in this sauce.
The best part about this Honey Garlic Chicken? You have ALL the ingredients in your kitchen pantry/kitchen tap/refrigerator already.
  • Honey? YES ✓
  • Soy Sauce? YES ✓
  • Vinegar? YES ✓
  • Water? OF COURSE ✓
  • Garlic? Not even a question ✓
So few ingredients needed for the perfect sweet to salty honey garlic sauce that will have you licking your fingers after every juicy bite.
Honey Garlic Chicken Sticky and Easy Honey Garlic Chicken is your new family favourite chicken dinner! | cafedelites.com
Easy Honey Garlic Chicken Recipe
Prep Time
10 mins
Cook Time
20 mins
Total Time
30 mins
 
Sticky and Easy Honey Garlic Chicken made simple, with the most amazing and addictive 5-ingredient honey garlic sauce that is so good you’ll want it on everything! Quick and easy using chicken thighs or breasts, your new family favourite chicken dinner is here!

ORIGINAL RECIPE BY KARINA, CAFEDELITES ©
Course: Dinner
Cuisine: American
Servings6 people
Calories384 kcal
AuthorKarina
Ingredients
  • 6 chicken thighs, bone in or out, with or without skin*
  • Salt and pepper, to season
  • 2 teaspoons garlic powder, to season
  • 6 cloves garlic, crushed
  • 1/3 cup honey
  • 1/4 cup water (or chicken broth)
  • 2 tablespoons rice wine vinegar (or apple cider vinegar, or any white vinegar)
  • 1 tablespoon soy sauce
Instructions
  1. Season chicken with salt, pepper and garlic powder; set aside.
  2. Heat a pan or skillet over medium high heat; sear chicken thigh fillets or breast fillets on both sides until golden and cooked through.
FOR BONE IN THIGHS:
  1. Reduce heat after searing on both sides, cover skillet with a lid and continue cooking until the chicken is cooked through, while turning every 5 minutes until done. Alternatively, see notes for oven method.
  2. Drain most of the excess oil from the pan, leaving about 2 tablespoons of pan juiced for added flavour.
FOR SAUCE:
  1. When chicken is done and cooked through, arrange chicken skin-side up in the pan (if cooking with skin); add the garlic between the chicken and fry until fragrant (about 30 seconds). Add the honey, water, vinegar and soy sauce. Increase heat to medium-high and continue to cook until the sauce reduces down and thicken slightly (about 3-4 minutes).
  2. Garnish with parsley and serve over vegetables, rice, pasta or with a salad.
Recipe Notes
*For chicken breasts: use 3 breasts, sliced horizontally in half. Sear breast fillets on each side until golden and cooked through (about 6 minutes per side, depending on the thickness of your fillets). Continue directions from the sauce, onwards.
**For oven baked, bone-in thighs: Preheat oven at 400°F or 200°C. Sear chicken in an oven proof skillet or pan, skin side down first for 3 minutes. Flip and sear for a further 3 minutes until browned each side. Then bake in the oven for a further 20-25 minutes, until completely cooked through and no longer pink inside. Continue directions from the sauce, onwards.
Nutrition Facts
Easy Honey Garlic Chicken Recipe
Amount Per Serving
Calories 384Calories from Fat 216
% Daily Value*
Total Fat 24g37%
Saturated Fat 6g30%
Cholesterol 141mg47%
Sodium 281mg12%
Potassium 336mg10%
Total Carbohydrates 17g6%
Sugars 15g
Protein 24g48%
Vitamin A2.3%
Vitamin C1.1%
Calcium1.7%
Iron6.8%
* Percent Daily Values are based on a 2000 calorie diet.

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