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!


Chinese Chicken Curry – Now you can Create one of the most popular takeaway dishes in your own home completely Syn Free.

It seems like the Slimming World community has gone stir crazy over a certain takeaway style sauce, which of course is none other than Mayflower Curry Sauce, which comes in both Medium and Hot heat and can be bought at various grocery stores, including online at Amazon.

When I recently popped into a British Grocery store in London, Ontario – to stock up on some UK goodies we were missing. I was surprised to see some staring at me on the shelf, and couldn’t resist grabbing a box, to take home and see what all this craze is about.
I can see why it’s popular, it’s pretty darn authentic when it comes to sauces. The nutritional information can be a little confusing though, as it gives you the nutritional information for the made up sauce when it would be much easier if the nutritional information was given for a certain amount of the dry powder/spice mix.

That aside, if made up as per the packet instructions, it will cost you 4 syns per serving according to Slimming World. Which if you have some syns spare and want a really quick meal, it’s perfect.

This recipe is gluten free, dairy free, vegetarian, Slimming World and Weight Watchers friendly.

For the sauce:
  • 100g (3.5oz) of onion, chopped
  • 150g (5.5oz) of zucchini (courgette), chopped
  • 150g (5.5oz) of butternut squash, chopped
  • 1 clove of garlic, crushed
  • 1 tsp of grated ginger root
  • 1.5 tbs of curry powder (I used hot or medium, depending on how hot you like it)
  • 1 tbs of tomato paste
  • 1 tbs of soy sauce
  • 1/4 tsp of Chinese five spice
  • 3 cups (720ml) of chicken stock
  • spray oil

For the curry:
  • 450g (1lb) of chicken breast, diced
  • 1 small onion, chopped
  • 1 green pepper, chopped
  • 1/3 cup (80ml) of frozen peas

  1. Spray a frying pan over a medium high heat with spray oil
  2. Add the onion, zucchini and butternut squash and fry for 2-3 mins to soften.
  3. Add the garlic and ginger and fry for 1 more minute.
  4. Add the curry powder, Chinese five spice, tomato paste and soy sauce and stir to coat.
  5. Pour in the chicken stock, bring to a boil, then cover and simmer for 20 mins.
  6. Add sauce to a blender and blend until smooth. Set aside.
  7. Spray frying pan with spray oil, add chicken and fry for approx 5 mins until lightly browned. Remove and set aside.
  8. Spray frying pan again with spray oil, add the onion and green pepper and fry for 2 mins.
  9. Add back in chicken,  pour in the sauce, stir to coat, add peas, bring to a boil, then cover and simmer for about 5 mins, till chicken is cooked through.
  10. Serve with your choice of sides. 

Nutritional information is an estimate and is to be used for informational purposes only.

Ingredients can vary greatly from brand to brand and therefore it would be impossible to give accurate information. Also, double-check syn values of synned ingredients as different brands can vary. 

All images and content on Slimming Eats are copyright protected.

If you wish to share this recipe, then please do so by using the share buttons provided. Do not screenshot or post recipe or content in full

Check Legal section, for Full Disclaimer, Disclosure and Privacy Policy. 



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