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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!

SLOW COOKER GENERAL TSO’S CHICKE


SLOW COOKER GENERAL TSO’S CHICKEN

Slow Cooker General Tso’s Chicken is a super easy meal with an amazing sweet and savory sauce with a little bit of heat! This is way better than takeout!





I made this recipe four years ago and the pictures weren’t doing it justice. We love asian inspired meals here at our family so of course this was one of the first recipes to make its debut on the blog. We have it quite often at our house and it is incredible. I love being able to make better than takeout right at home!

It was time to update the pictures on here and my family was reminded about how much we love it. Everyone devoured it including my youngest two year old.




You start by adding a simple breading to the outside and pan frying the edges for just a few minutes. This is an extra step that of course you don’t have to do, but I love the crispy edge and tender and juicy center by doing that extra step. If you want to just dump the chicken in with the sauce and let it do its thing you can as well.




The rich and dark sauce in this meal is incredible. It is sweet and savory with just a little bit of heat. I always have to hold out the red pepper flakes until the end just for my kiddos, but it has such incredible flavor. The sauce is thick on the chicken and it is perfect served over rice with some veggies.

I know this is a meal that your family is going to love! You will make it again and again.





Slow Cooker General Tso's Chicken




Prep time
5 mins
Cook time
3 hours
Total time
3 hours 5 mins

low Cooker General Tso's Chicken is a super easy meal with an amazing sweet and savory sauce with a little bit of heat! This is way better than takeout!
Author: Alyssa
Serves: 4-5
INGREDIENTS
4 boneless skinless chicken breasts, cut into one inch cubes
¼ cup cornstarch
1 tablespoon vegetable oil
½ cup hoisin sauce
2 T soy sauce
½ cup brown sugar
3 cloves garlic, minced
3 Tablespoons rice wine vinegar
1 teaspoon sesame oil
¼ tsp dry ginger
½ tsp crushed red pepper (more or less to liking)
Optional garnish, green onions, sesame seeds, additional red pepper flakes

INSTRUCTIONS

In amixing bowl add the chicken and cornstarch. Toss until the chicken is completely coated in the cornstarch. In a medium sized skillet over medium high heat add oil and cook the chicken until the chicken is lightly brown but not cooked throughout. Put in the bottom of a slow cooker.
In a small mixing bowl whisk together hoisin sauce, soy sauce, brown sugar, garlic, rice wine vinegar, sesame oil, ginger and crushed red pepper. Pour on top of chicken in the slow cooker.
Cook on low heat for 3-4 hours or until chicken is cooked throughout. *see note
Serve over rice and garnish with green onions, sesame seeds and red pepper flakes if desired.

NOTES
If you are cooking the chicken without browning in the skillet first, when chicken is finished cooking, remove the chicken and add 1 Tablespoon cornstarch to the sauce. Add the chicken back to the crockpot and cook for an additional 15 minutes until the sauce thickens up. Chicken could also take longer to cook, closer to 4 hours.

Alyssa Also Recommends:

Want to make this even easier? Here are a few products that I LOVE:

•Slow Cooker
•Utopia Kitchen Cooking Knives
•Finedine Mixing Bowls


This was the old picture. Wasn’t too awful compared to some but I didn’t even spell Tso’s right! haha


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