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 authentic Indian Instant Pot chicken curry is a delicious family recipe. Made with bone-in chicken, the Instant Pot cooks up tender chicken with lots of flavor.  Now you can skip takeout and make this easy chicken curry at home, from scratch in no time.

One of the first dishes I wanted to try out when I first got my Instant Pot was my mom’s Indian chicken curry.  If you’re looking for a delicious Instant Pot Indian recipe that’s sure to please, you’ve found it!  Many people who’ve only had Indian food in a restaurant may be surprised to see Indian chicken curry with potatoes.  But potatoes are a common addition to chicken curry made in Indian kitchens.  Give it a try!

Instant Pot Chicken Curry
This Indian Instant Pot chicken curry is flavorful and creamy and is sure to please any Indian Curry lover.

  • 3 tbsp butter or ghee
  • 1 large bay leaf
  • 2 inch piece of cinnamon stick
  • 1/2 tsp cumin seeds
  • 2 cups onions, chopped fine
  • 1 tbsp minced garlic
  • 1 tbsp minced ginger
  • 2 tbsp tomato paste
  • 1 1/2 tbsp coriander powder
  • 3/4 tsp turmeric powder
  • 3/4 tsp ground black pepper
  • 3/4 tsp Indian (Kashmiri) chili powder or cayenne (or to taste)
  • 1 1/2 tsp salt (or to taste)
  • 3 lbs chicken thighs or drumsticks, bone-in
  • 2 cups potato, cut into 1 1/2 inch cubes
  • 1/2 cup water or chicken broth
  • 1 1/2 tsp garam masala
  • 2 Tbsp cashew paste **
  • 1/4 cup chopped cilantro
  1. In 'Saute' mode, melt butter. Add cinnamon, cumin seeds and bay leaf and stir till fragrant, being careful not to burn.  Add onions, garlic and ginger, and saute till golden brown, about 7 minutes.
  2. Add tomato paste mixed with 2 Tbsp water and stir.
  3. Saute until tomato paste is cooked, about 3 minutes. If it sticks to the bottom, add another tablespoon or two of water.
  4. Press 'Cancel' to turn off Instant Pot, otherwise spices can burn when you add them.
  5. Add coriander, turmeric, black pepper, cayenne, salt and stir till fragrant.
  6. In 'Saute' mode, add chicken pieces and stir to coat with spice mixture.
  7. Add 1/2 cup water or chicken broth and cook in 'Manual' or 'Pressure Cook' mode for 9 minutes. (Make sure steam release handle is in Sealing position)
  8. Do a Quick Release.
  9. Add cubed potatoes and garam masala to chicken and stir gently.
  10. Cook in 'Manual' or 'Pressure Cook' mode for 6 minutes. (Make sure steam release handle is in Sealing position)
  11. Do a Quick Release.
  12. Add cashew paste, stir the chicken curry and heat through in 'Saute' mode.
  13. Turn off Instant Pot, sprinkle chicken curry with cilantro and serve with Instant Pot basmati rice, bread or naan.


  • Recipe has been modified to pressure cook the chicken for 9 minutes rather than 15 minutes before adding the potatoes for a further 6 minutes.
  • ** To make cashew paste, blend 1/4 to 1/3 cup cashews with water to make a thick (like peanut butter) paste. Substitute cashew paste with cashew butter or heavy cream or coconut cream. You can also thicken the curry by cooking down the liquid at the end, in 'Saute' mode. If you prefer a thin curry, you can omit the thickener altogether.
  • Prep time does not include steps that are already accounted for in the ingredient list, e.g. chopped onions, minced garlic, diced chicken, etc


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