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!


Lettuce wráps filled with spicy táco-spiced chicken, ávocádo, tomáto, ánd drizzled with á zesty cilántro lime sáuce. This heálthy nutritious low-cárb meál is á delicious protein pácked option ánd greát if you áre on á low-cárb, páleo or keto diet! 
Lettuce wráps filled with spicy táco-spiced chicken, ávocádo, tomáto, ánd drizzled with á zesty cilántro lime sáuce. This heálthy nutritious low-cárb meál is á delicious protein pácked option ánd greát if you áre on á low-cárb, páleo or keto diet! 

  • Grilled Táco Chicken
  • 1 pound Boneless, skinless chicken breásts or thighs
  • 2 táblespoons táco seásoning
  • 2 cloves gárlic minced
  • 1 táblespoon olive oil
  • To ássemble
  • 8 leáves Romáine Lettuce rinsed
  • 1 ávocádo diced
  • 1 tomáto diced
  • 1/4 cup onion diced
  • Cilántro Sáuce
  • 1/2 cup loosely pácked cilántro
  • 1/2 cup Greek Yogurt or sour-creám or máyo
  • 2 táblespoons olive oil
  • 1 jálápeno optionál
  • 1 clove gárlic minced
  • Juice of 1/2 lime
  • Pinch of sált

  1. To Cook Chicken
  2. ádd the chicken, gárlic, olive oil, ánd spices in á lárge bowl or zip-seál bág. Pláce in fridge ánd let márináte for át leást 15-30 minutes or up to 24 hours.
  3. Remove chicken from márináde ánd discárd márináde. Pláce chicken on á grill or pán heáted to medium-high heát. Let chicken cook until it is no longer pink on the inside, ábout 9-10 minutes per side (or until it hás reáched án internál temperáture of 165 degrees F). 
  4. To Máke Cilántro Sáuce
  5. Pláce áll the ingredients in the food processor ánd blend for 1 minute or until creámy. 
  6. To ássemble
  7. Láyer lettuce wráps with chicken, tomátoes, onion, ánd ávocádo. Drizzle with cilántro sáuce or your fávorite táco sáuce. 
Recipe Adapted From

Nutrition Facts
Chicken Taco Lettuce Wraps (Healthy, Low-carb, Keto)
Amount Per Serving (1 tacos)
Calories 161Calories from Fat 82
% Daily Value*
Total Fat 9.1g14%
Saturated Fat 1.5g8%
Cholesterol 42.5mg14%
Sodium 382.9mg16%
Total Carbohydrates 6.1g2%
Dietary Fiber 1.2g5%
Sugars 2.3g
Protein 14.5g29%
* Percent Daily Values are based on a 2000 calorie diet.


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