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 CHICKEN STROGANOFF

Creamy Slow Cooker Chicken Stroganoff truly couldn't be any easier to make. With a few simple ingredients and a few hours in the crockpot, this delicious dish is ready for your family to enjoy! It may just become your new weeknight favorite.


Back at the start of 2016, I resolved to share more main dishes this year here on The Kitchen is My Playground.

See, in perusing through my site's Recipe Index, I realized ... in proportion to appetizers, side dishes, and desserts ... I haven't actually shared many of the main dishes I make.

So I've been working on changing that, with dishes like our family-favorite Chicken Parmesan Meatloaf, Stovetop Pork Roast, and Shrimp & Pesto Pizza with Sun-Dried Tomatoes.

And today? I'm sharing this fabulously easy-and-creamy Slow Cooker Chicken Stroganoff.

With a few simple ingredients and a few hours in the crockpot, this delicious dish is ready for your family to enjoy!

Now, as for this Slow Cooker Chicken Stroganoff ... it truly couldn't be any easier to make.



Simply lay boneless, skinless chicken breasts or thighs ... or a combination of both ... in the bottom of a slow cooker. Chicken thighs bring a rich depth of flavor to the stroganoff, so I do suggest using thighs or a combination of both thighs and breasts.

Top the chicken with sliced baby portobello mushrooms and onion. Then whip up a quick mixture of condensed French onion soup and sherry to pour in as the beginning of the creamy sauce.


Chicken thighs bring a rich depth of flavor to the stroganoff, so I do suggest using thighs or a combination of both thighs and breasts.
After cooking until the chicken is fork-tender, thicken the liquid with a mixture of flour and butter.

Then stir in stroganoff's signature sour cream to make the sauce extra creamy, and voila! ... There you have creamy-and-delicious Slow Cooker Chicken Stroganoff the whole family will enjoy.

See? Super easy.

And who knows? This may just become your new weeknight favorite!



Thank you for stopping by The Kitchen is My Playground. We'd love to have you back soon!



Slow Cooker Chicken Stroganoff


Ingredients
2 1/2 lbs. boneless, skinless chicken breasts or thighs {or a combination of both}
16 oz. baby portobello mushrooms, sliced
1 large onion, halved and cut into slivers
1 (10 1/2 oz.) can condensed French onion soup
1/3 c. dry sherry
1/2 tsp. dried thyme
1/2 tsp. black pepper
1/2 tsp. salt
1/3 c. all-purpose flour
3 T. butter, softened
1 c. sour cream


Directions
Place chicken in the bottom of a slow cooker; place mushrooms and onions evenly on top of chicken. Stir together French onion soup, sherry, thyme, salt, and pepper. Pour over chicken and vegetables. Cover and cook on LOW for 5 to 6 hours or until chicken is fork-tender.
Stir together flour and softened butter until smooth. With a fork, stir and whisk into slow cooker cooking liquid, taking care to not shred the chicken. Cover and continue cooking for 15 minutes until liquid thickens.
Stir in sour cream. Cover and cook until heated through, about 10 to 15 minutes more.
Serve over cooked egg noodles.
Enjoy!



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