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!

Baked Garlic Brown Sugar Chicken

If you love the sweet salty tastes, then this baked garlic brown sugar chicken recipe is for you!

I do not know how to describe this dish in a few words, maybe I could do it like this
If you want to cheer your senses with a dish that seems like ordered in an exclusive restaurant, in addition to the fact that you personally made it a very easy way, then this garlic brown sugar chicken is the right choice for you.

Chicken in a delicious sauce with garlic, which are baked until almost caramelized, and we all know what kind of a treat caramelized onions are.

My dear cooks, as we all know, chicken breast prepared in an oven tends to be dry. Believe me, it is not the case this time, because before you put it in the oven the meat goes to a nice bath, actually in the marinade made from garlic, sugar and spices. It is best to leave it in the marinade as long as possible, but if you are in a hurry, half an hour will do the work.
It is baked for a short time, approximately 20 minutes and it is best to be eaten while it’s hot.

Well balanced ratio of ingredients gives the meat a really special taste, and if you pour the marinade over the meat before the end of baking, you will get an excellent sauce, sweet and salty at the same time, which will make you lick off your fingers.

Baked Garlic Brown Sugar Chicken

Rating: 5
Prep Time: 10 minutes
Cook Time: 20 minutes
Total Time: 30 minutes
Yield: 4

If you love the sweet salty tastes, then this baked garlic brown sugar chicken recipe is for you!

4 boneless skinless chicken breasts
4 garlic cloves, minced
4 tablespoons brown sugar
1 tablespoon olive oil
additional herbs and spices, as desired
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1. Preheat oven to 450°F

2. Line a baking dish or cookie sheet with aluminum foil and lightly coat with cooking spray or lightly brush with oil.

3. In small sauté pan, sauté garlic with the oil until tender.

4. Remove from heat and stir in brown sugar.

5. Add additional herbs and spices as desired.

6. Season chicken with salt and pepper.

7. Place breasts in a prepared baking dish and cover with the garlic and brown sugar mixture.

8. Bake uncovered for 15-30 minutes, or until juices run clear.

9. Cooking time will depend on the size and thickness of your chicken.

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