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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 CHICKEN CURRY RECIPE

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This slow cooker chicken curry is perfect in every way – juicy pieces of chicken, a spicy, flavourful gravy that has the right consistency – this is the perfect dinner to come home to. 



This recipe took a few tries but I’ve got it exactly the way we like it. Tender, juicy chicken, a gravy that coats each piece of chicken instead of pooling at the bottom and so much flavour that you would think we marinated the chicken for a few hours.

And it’s really simple to make. The only real cooking you’ll do here is to cook the onions and garlic together in a little oil before adding it to the slow cooker. And the only reason I recommend doing that is so that we can get rid of the raw, overpowering taste of onions and garlic; and take advantage of their sweet flavour once we cook them. The rest of the recipe is really dump and cook.

SLOW COOKER CHICKEN CURRY RECIPE
This slow cooker chicken curry is inspired by Indian flavours and is the perfect dinner recipe. The chicken is juicy, the gravy is luscious and not watery, and its fantastic served with rice or naan bread. It’s incredibly easy, with minimal prep, while being gluten free and kid friendly too.



INGREDIENTS
  • 1 tablespoon Oil
  • 1 cup finely chopped Onions
  • 1 tablespoon minced Garlic
  • 7-8 Baby Potatoes, cut into half (or 2 large potatoes, diced into 1 inch pieces)
  • 8 boneless, skinless Chicken Thighs, cut into 1 inch pieces
  • 1 Bayleaf
  • 2-3 Cloves
  • 6-8 whole Peppercorns
  • 1 Green Chilli, finely chopped (or Serrano Pepper)
  • 1 tablespoon Coriander Powder
  • 1 teaspoon Red Chilli Powder (or chilli flakes)
  • 1/2 teaspoon Turmeric Powder
  • 1 teaspoon Garam Masala Powder
  • 1 teaspoon Salt
  • 1 cup Tomato Puree
  • 1/2 cup Water
  • 1 tablespoon Butter
  • Chopped coriander for topping
INSTRUCTIONS
  1. Heat oil in a pan and add chopped onions and minced garlic. Saute for 3-4 minutes till the onions soften. Transfer this mixture to the slow cooker along with all the other ingredients. Mix well.
  2. Cover and cook on high for 3.5-4 hours or low for 6 hours. Once the chicken curry is cooked, mix in the chopped coriander and serve hot on top of steamed rice or with some butter naan.

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