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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!

Instant Pot Potato Corn Chowder

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This easy Instant Pot potato corn chowder recipe is amazing!! It only takes 15 minutes to make and is the perfect creamy corn soup to eat all year long. Served by itself for dinner or with a side of rolls it surely will be your new favorite pressure cooker soup.


From start to finish in the pot it takes about 15 minutes, and adding in the prep you’re looking at a quick 25 minutes from start to finish…just enough time to throw some rolls in the oven and everything is done at once! It’s so good!

It is perfect as is but I usually throw a loaf of garlic bread in the oven once I put everything in my Instant Pot and it is all done right around the same time.

Instant Pot Potato Corn Chowder Recipe

This easy Instant Pot potato corn chowder recipe is amazing!! It only takes 15 minutes to make and is the perfect creamy corn soup to eat all year long. Served by itself for dinner or with a side of rolls it surely will be your new favorite pressure cooker soup. Your kids will think it's a winner too!



Ingredients
  • 6 red potatoes diced
  • 4 ears corn (kernels removed from cob, about 2 cups, can use frozen or canned)
  • 1/4 onion diced
  • 3 c vegetable broth can use water but this is better
  • 3/4 c cheddar cheese
  • 3 c half and half
  • 2 tbsp corn starch a bit more depending on how thick you want it
  • 3 tbsp butter
  • Pinch of salt
Instructions
  1. Dice all your veggies. 
  2. Put Instant Pot on saute and add butter until melted. 
  3. Add diced onions and cook until soft. 
  4. Add vegetable broth, diced potatoes, and corn removed from the cob. 
  5. Can add pinch of salt now. Put IP or pressure cooker on manual high, close lid and steam valve, and set to 10 minutes. 
  6. When done carefully release steam valve and then lid when steam is gone. 
  7. Add a bit of water to your cornstarch in a cup to use as a thickener. 
  8. Add to pot and stir. Put IP on saute to allow mixture to boil. 
  9. Add half and half and cheese slowly, stir and serve when it has thickened a bit.
Recipe Adapted : Instant Pot Potato Corn Chowder @ temeculablogs
Nutrition Facts
Instant Pot Potato Corn Chowder
Amount Per Serving (6 oz)
Calories 432Calories from Fat 216
% Daily Value*
Total Fat 24g37%
Saturated Fat 15g75%
Cholesterol 74mg25%
Sodium 696mg29%
Potassium 1146mg33%
Total Carbohydrates 43g14%
Dietary Fiber 3g12%
Sugars 4g
Protein 11g22%
Vitamin A20.2%
Vitamin C23.9%
Calcium25.2%
Iron9.6%
* Percent Daily Values are based on a 2000 calorie diet.

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