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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!

TRINIDAD CHICKEN PUFFS RECIPE

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There is nothing that reminds me about the joys of childhood more than thinking of chicken puffs. When I see a puff, I think of all of the birthday parties we attended and all of the games I played. Did I mention I was 150% a tomboy? In fact "play" was a nickname my aunt called me from an early age. I found any opportunity to be running, jumping, diving anywhere and 9 out of 10 times, I was the only girl in the group.

And on numerous occasions, these puffs saved my life. A staple at all family events, this light puff pastry (choux pastry) is usually stuffed with well-seasoned chicken or cheese or tuna. And are usually gobbled up in no time. Today I reminisce and share the recipe for my favourite of them all, chicken puffs.
Do you know that you can use choux pastry mix to make eclairs too? So I'm basically giving you a many in one recipe today. Thank me later.

Have you every had chicken puffs? I hope you have, and if you didn't I wish you would take some time and try these out. They are really great mouth stuffers for parties. And the shells can be easily made before and frozen till needed.

Ok, enough talking, let me go pop a few of these in the belly!!

Ingredients (Approximately 20 puffs)
For the Puffs Shells
  • 3 oz butter
  • 1 cup boiling water
  • 1 cup flour, sifted
  • 1 teaspoon sugar
  • 1 teaspoon salt
  • 3 eggs
  • For the Filling
  • 1 1/2 lbs chicken breast/cutlets
  • 2 tablespoons green seasoning
  • 2 twigs dried thyme
  • 1 teaspoon garlic powder
  • 1/2 teaspoon salt
  • 1 teaspoon black pepper
  • 1/2 cup mayonnaise
  • 1/2 large red bell pepper, chopped
  • 1/2 medium red onion, chopped
  • 1 stalk celery, chopped
  • 1 teaspoon pepper sauce

Instructions

For Puff Shells
  1. Heat oven to 475 degrees
  2. Line a baking sheet
  3. Melt butter in water over med heat
  4. Add flour, salt, sugar and stir vigorously until a ball is formed
  5. Continue mixing a little longer till cooked (about 5 minutes)
  6. Allow to cool to room temperature
  7. Add eggs one at a time, making sure to fully incorporate egg before adding another (Important that mixture is cooled here since adding egg to hot mixture will cook egg)
  8. Add mixture to piping bag (or you can easily just use a tablespoon and spoon out)
  9. Drop onto baking sheet about 1" apart
  10. Bake for 40 mins
  11. Set aside to cool (These can also be put to freeze for a later use)

For Chicken Filling
  1. Wash and clean chicken
  2. Add chicken to a deep pot and cover with water
  3. Add thyme, pepper, salt, garlic powder to pot.
  4. Leave chicken to boil for about 7 - 10 minutes
  5. Remove chicken from water and add to blender/food processor
  6. Blend till fine
  7. Place chicken in a large bowl
  8. Add mayonnaise, celery, bell peppers, red onions and mix
  9. Add pepper sauce and salt and pepper to taste
  10. Cut pastry open 3/4 way and add about a tablespoon of filling into each shell
  11. Serve
Recipe Source:homemadezagat.com

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