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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 BREASTS

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Slow Cooker Chicken Breasts - moist and flavorful chicken in the slow cooker!


 
One of my favorite ways to make chicken is in the slow cooker.  This recipe for slow cooker chicken breasts is a variation of my slow cooker chicken. I love this recipe because it is so simple and versatile, and the chicken is incredibly moist and flavorful. These chicken breasts can be served as the main course, or shredded and used for another recipe. I used these chicken breasts as filling for chicken enchiladas. I’ve also used it for tacos, burritos, salads, and sandwiches! Having good, flavorful cooked chicken on hand is always a good thing.
I use bone in, skin on chicken breasts in this recipe because they are economical and great in the slow cooker. The skin protects them and helps keep them from drying out. Boneless, skinless chicken breasts can be tricky in the slow cooker since they are so lean, but I love how convenient they are,  so I’m working on a boneless, skinless chicken slow cooker method to share.
Slow Cooker Chicken Breasts - moist and flavorful chicken in the slow cooker!Save



Slow Cooker Chicken Breasts
Ingredients
  • 4 bone in skin on chicken breasts, about 5 pounds total
  • 2 tablespoons of all-puporse steak seasoning
  • 2 teaspoons of paprika or chili powder
Instructions
  1. Use foil balls to create a "rack" in the bottom of the slow cooker.
  2. Season chicken breasts.
  3. Lay chicken breasts on top of foil and cook on high for 3-4 hours or until temperature reaches 165 degrees.
  4. Serve chicken breasts whole with juices brushed over the top, or shred and use for another recipe.

Slow Cooker Chicken Breasts - moist and flavorful chicken in the slow cooker!

Slow Cooker Chicken Breasts Recipe Notes:
I discard the skin after cooking. Since the chicken has been cooking in the covered slow cooker, the skin will not be crispy. Skin that is not crispy is not worth the calories in my book:0)
I have always cooked these for four hours on high, but recently bought a new slow cooker that runs much hotter than my old slow cooker. The chicken was up to temperature after 3 1/2 hours. Cooking time will vary depending on your slow cooker.
I like the option of serving the breasts whole, so I use foil balls as a makeshift cooking rack in the slow cooker. If they simmer in the juices during cooking, they are falling apart and hard to remove.
I usually season my chicken with paprika, but since I was using this chicken for enchiladas, I used chili powder. It was delicious, and it gave the chicken a little extra kick!
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