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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!

SHREDDED CHICKEN STREET TACOS

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SHREDDED CHICKEN STREET TACOS
(Inside: I have this rockin’ recipe for Shredded Chicken Street Tacos that I’ve just been sitting on. So, I decided to try it. Oh, my, oh, my. It was perfection.)
Look, I’m freakin’ hungry. So, let’s get down to business, shall we?
I am in a Mexican Street Food mood. No, really.
Yeah, I hear ya.
No reason to make Shredded Chicken Street Tacos at home when you have a food truck that will whip some amazing ones up just down the street. Right?
Except that I was about an hour from home when I found my magic-burrito food truck and, frankly, I’d rather whip-up my own than drive an hour each way just for a yummy burrito.
No matter how yummy it was. Heh.
I’ll be making my tacos at home, thank you.
While I’m at it, I might make some Steak Street Tacos or just plain ‘ole Mexican Street Tacos. 
Shredded Chicken Street Tacos
Prep Time 5 mins
Cook Time 30 mins
Total Time 35 mins
Course: Entree
Cuisine: Mexican
Servings: 6
Author: NerdyMamma.com

Ingredients
  • Corn tortillas
  • Shredded lettuce but not much
  • Diced avocado if desired
  • Lime wedges
  • Diced onion
  • 2-3 sprigs Cilantro
  • Jalapenos if desired, which I do not
  • 1 pound boneless skinless chicken thighs
  • 3 garlic cloves minced
  • 1 medium white onion
  • 1½ tspn paprika
  • 1½ tspn cumin
  • 1 1/2 tspn chipotle
  • 1/2 tspn cayenne
  • 1 teaspoon salt
  • ½ teaspoon pepper
  • 2 tblspn Olive oil
Instructions
  1. Preheat oven to 375 degrees.
  2. Wash chicken thighs and slice into tenders and place in a bowl. Set aside.
  3. Combine paprika, cumin, salt, pepper, cayenne, and chipotle.
  4. Mix spices with olive oil, onions and garlic.
  5. Pour spice/oil mixture over the chicken tenders and mix together thoroughly,
  6. Spread on a baking sheet in a single layer.
  7. Place chicken in the oven for 20 to 25 minutes, or until completely cooked.
  8. Remove chicken from oven, and place in a large bowl.
  9. Using a hand mixer, shred chicken (this actually works).
  10. Warm tortillas in a hot skillet for a few seconds on each side, until they kind of bubble up and are hot.
  11. Fill each tortilla (FYI--I like to layer my tortillas 2-3, because then they don't fall apart) with chicken, a small amount of lettuce, onions, avocado, jalapenos, and a squeeze of lime.


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