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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!

CHICKEN PANANG CURRY NOODLE BOWLS

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Simple 20 – minute chicken panang curry noodle bowls with veggies. Warm panang curry noodle sauce all cozied up with noodles and your favorite sautéed veggies. Perfect for chilly, weeknight dinners!


Warm chicken panang curry turned into healthyish curry noodle bowls that take around 20 minutes to prepare and come complete with your favorite sautéed veggies, fresh herbs, and noodles all dressed with a creamy panang curry and a big squeeze of lime juice.

To turn it into panang curry paste. Grab a bowl and 3 tablespoons of red curry concentrate. Add in 1 tablespoon of creamy peanut butter, 1/2 teaspoon coriander power, and 1/4 teaspoon cumin powder. Stir it all together and BAM! Cheaters panang curry paste.

CHICKEN PANANG CURRY NOODLE BOWLS RECIPE
Simple 20 – minute chicken panang curry noodle bowls with veggies. Warm panang curry noodle sauce all cozied up with noodles and your favorite sautéed veggies. Perfect for chilly weeknight dinner!



INGREDIENTS:
PANANG CURRY PASTE:
  • 3 tablespoons red curry paste
  • 1 tablespoon creamy peanut butter
  • 1/2 teaspoon coriander powder
  • 1/4 teaspoon cumin powder
CURRY NOODLE BOWLS:
  • 1 tablespoon coconut oil
  • 1 shallot, minced
  • 1 tablespoon grated ginger
  • 1 can (15 ounces) full fat coconut milk
  • 10 – 12 ounces boneless skinless chicken, thinly sliced
  • 3/4 cup chicken broth
  • 2 teaspoon fish sauce
  • 1 tablespoon sugar
  • 4 cups mixed veggies (I used broccoli, carrots, shiitake mushrooms, peppers)
  • 6 ounces flat rice noodles (prepared to package directions)
  • chopped cilantro and lime wedges, for serving
DIRECTIONS:
PANANG CURRY PASTE: 
  1. In a small bowl, combine the ingredients for the paste and mix using a spoon or a small spatula. Set aside.
CURRY: 
  1. Heat the oil in a sauce pan, add the shallots and sauté for 3-4 minutes or until the shallot become soft and translucent. 
  2. Add the ginger and cook for 30 seconds before adding in 1/4 of the coconut milk along with the prepared curry paste. 
  3. Cook the paste mixture for 1 minute. Add the chicken and stir to coat, cooking for 2-3 minutes. If at any point the sauce begins to stick to the pan, use a couple tablespoons of the broth to deglaze the pan. 
  4. The coconut milk/chicken broth mixture will start to evaporate leaving a thick paste. Add in the rest of the coconut milk, chicken broth, fish sauce, and sugar and allow the sauce to simmer on low for 5-10 minutes while you prepare the veggies.
VEGGIES: 
  1. Heat a large skillet over medium high heat. Drizzle in a little olive oil and add the veggies. Sauteé for just 3-5 minutes or until the veggies brighten in color.
ASSEMBLE: 
  1. Place the prepared noodles in a bowl, top with the sauteed veggies and the prepared curry. Serve with cilantro and lime wedges!

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