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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!

ORANGE CHICKEN AND BROCCOLI RICE BOWLS

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Orange chicken and broccoli rice bowls are a gluten-free meal loaded with sweet and savory spicy flavors. This dish is made with paleo-friendly ingredients. The chicken is baked instead of fried for a healthier meal.

One of the most popular dishes to order at a Chinese restaurant is orange chicken. Who doesn’t enjoy tender pieces of meat tossed in a sweet and tangy sauce? This version takes on a healthier spin, using gluten-free and paleo ingredients for a wholesome a satisfying meal.


The chicken marinates in a mandarin orange sauce loaded with bold and spicy Asian flavors that coat the meat. Instead of deep frying the smaller bites of chicken, whole lean chicken breast is roasted in the oven with the sauce. For those looking for a grain-free side dish option, steamed broccoli rice accompanies the tender chicken for a delicious protein and vegetable-packed meal all in one bowl!

Orange chicken is all about the sauce! For this recipe, the chicken gets a chance to marinate and infuse the flavors on the surface and then gets cooked right in the sauce.

The delicious liquid is a combination of fresh mandarin oranges, spicy chili paste, tamari, lime juice, garlic, red onion, rice wine vinegar and orange marmalade. I used only a tablespoon of chili paste because I’m a spicy food wimp, but double up if you want a strong kick!

ORANGE CHICKEN AND BROCCOLI RICE BOWLS RECIPE

Orange chicken and broccoli rice bowls are a gluten-free meal loaded with sweet and savory spicy flavors. This popular dish is made with paleo-friendly ingredients.



INGREDIENTS

  • 1/3 cup mandarin oranges , (60g) peeled, plus more slices for topping
  • 1 tablespoon chili sauce , (15ml) or Sriracha, 2 tablespoons for extra spicy
  • 1 tablespoon lime juice , (15ml)
  • 3 tablespoons orange marmalade , (45ml)
  • 1/4 teaspoon kosher salt , plus more to taste
  • 1/4 teaspoon black pepper , plus more to taste
  • 1 teaspoon minced garlic
  • 1/4 cup chopped red onion , (40g)
  • 3 tablespoons rice wine vinegar , (45ml)
  • 1/4 cup olive oil , (60ml)
  • 3 tablespoons gluten-freee tamari , (45ml)
  • 16 ounces boneless skinless chicken breast , (454g)
  • 1 pound broccoli florets , (454g) blended in food processor
  • 2 teaspoons sesame oil , (10ml)
  • 1 tablespoon sesame seeeds , (10g)

INSTRUCTIONS

  1. To make the marinade, blend the orange slices, chili sauce, lime juice, orange marmalade, salt, pepper, garlic, red onion, and rice wine vinegar in a blender or food processor until thoroughly mixed.
  2. Add the olive oil and tamari and blend again until creamy.
  3. Add the chicken pieces in a single layer in a casserole dish and pour the marinade over the chicken.
  4. Place the dish in the refrigerator and marinate at least 20 minutes.
  5. Preheat the oven to 425ºF (218ºC). Bake the chicken for 20 to 25 minutes. Set oven to broil for the last minute of cooking.
  6. To make the broccoli rice, steam the blended broccoli in a microwave-safe bowl with sesame oil for 45 seconds.
  7. Add the sesame seeds to the rice, and salt and pepper to taste.
  8. Equally divide the broccoli rice amount the bowl, then add the chicken.
  9. Garnish with the orange slices, red chili pepper flakes, and cilantro. Drizzle on extra tamari or use for dipping.


RECIPE NOTES
Suggested toppings: Lime slices, crushed red chili pepper flakes, cilantro, tamari.

Recipe Adapted : ORANGE CHICKEN AND BROCCOLI RICE BOWLS @ jessicagavin

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