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!


This Instant Pot fried rice is quick and easy pressure cooker recipe. Simple ingredients, easy preparation and great flavors!
This Instant Pot fried rice dinner was no different. Full of flavors and hassle-free. Yay!

If you don’t have a pressure cooker but like meals with rice, check out these easy rice dinners instead: Chicken Broccoli Fried Rice, Tomato Shrimp and Rice or Sweet and Sour Chicken.
This Instant Pot fried rice is quick and easy pressure cooker recipe. Simple ingredients, easy preparation and great flavors!

  • 2 cups Long Grain Rice , uncooked
  • 2½ cups Vegetable Broth
  • 2 Carrots
  • 3 tbsp Extra Virgin Olive Oil
  • ½ cup Frozen Peas
  • 2 Medium Eggs
  • Salt & Pepper to taste

  1. add rice and vegetable stock in your instant pot. Mix so the rice is spread around evenly. Throw in diced carrots and close the lid.
  2. Instant Pot Settings: turn the vent to “SEaLING” position, press “MaNUaL” and adjust the time to 3 minutes.
  3. When the instant pot finished cooking, press “CaNCEL” button. after 10 minutes, release the pressure manually.
  4. Now mix the rice, it will be quite sticky but it should change its texture and lose quite a lot of its stickiness. Move the rice to a side and press the “SaUTE” function. add oil and frozen peas and saute for about a minute before mixing everything together.
  5. Make a well in the middle of the rice and add beaten eggs. Stir the egg into rice and fry everything together for a further 1-2 minutes before turning off Instant Pot completely. Taste it and if needed, season with salt and pepper.
Recipe Adapted From

Recipe Notes
This recipe was made in a 6qt/6l Instant Pot.
Remove the inner pot from the instant pot body in order to stop cooking/burning the rice after you are finished.
If you would like to use a different type of rice, bear in mind that it might need different cooking time.
The cooking time stated in this recipe is aCTIVE COOKING TIME. This time does not include the time that is needed to bring the pot to pressure nor the time the pot needs to drop the pressure naturally (add extra 20 minutes to the overall time).

Nutrition Facts
Instant Pot Fried Rice
Amount Per Serving
Calories 496Calories from Fat 117
% Daily Value*
Total Fat 13g20%
Saturated Fat 2g10%
Cholesterol 81mg27%
Sodium 645mg27%
Potassium 278mg8%
Total Carbohydrates 81g27%
Dietary Fiber 2g8%
Sugars 3g
Protein 10g20%
Vitamin A113.3%
Vitamin C11%
* Percent Daily Values are based on a 2000 calorie diet.


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