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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!

STIR FRIED SHANGHAI NOODLES WITH GROUND PORK AND NAPA CABBAGE

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Shanghai Noodles makes the perfect EASY weeknight meal. Best of all, takes only 20 minutes to make! Skip the takeout — this authentic dish is so much better!



SHANGHAI NOODLES – EASY TO CUSTOMIZE

So what makes this authentic noodle dish unique?
It’s typically made using thick and chewier Shanghai-style noodles. The chewy texture pairs perfectly with the savory and delicious flavor from the sauce and meat.
·         If you can’t find fresh Shanghai noodles, use udon noodles or cooked fettuccine noodles instead.
·         This dish would work well with chicken or beef if that’s what you have.

For a meatless version, swap out the meat for mushrooms.


Ingredients

·         1/2 - 3/4 lb lean ground pork
·         1 lb 484 grams fresh Shanghai-style noodles can substitute with udon or cooked fettuccine noodles
·         1/4 teaspoon salt
·         ¼ teaspoon black pepper
·         1 ½ tablespoons fresh ginger grated
·         2 garlic cloves finely minced
·         2/3 cups thinly shredded Napa cabbage
·         1 green onion thinly sliced
·         sesame seeds for garnish

Sauce:

·         2 tablespoons water
·         1 1/2 tablespoons low sodium soy sauce can substitute with coconut aminos or tamari
·         1/2 tablespoon sesame oil
·         1/2 tablespoon oyster sauce
·         3 teaspoons dark soy sauce*
·         2 teaspoons Chinese cooking wine or dry sherry
·         1 teaspoon brown sugar can substitute with coconut sugar
·         1/8 teaspoon ground white pepper
·         1 tablespoon cornstarch omit if low carb
·         ¼ teaspoon Sriracha sauce or red pepper flakes to taste (optional)

Instructions

1.     In a medium bowl, season pork with salt and pepper. 
2.     In a separate medium bowl, whisk together all the ingredients for the sauce - water, soy sauce, sesame oil, oyster sauce, dark soy sauce (if using), wine, sugar, pepper, corn starch and Sriracha. Set aside.
3.     Heat cooking oil in a wok or heavy skillet over medium-high heat. Add pork, and crumble while breaking up large lumps.
4.     Add garlic and ginger and continue cooking until meat is no longer pink, about 5 minutes.
5.     Mix in cabbage and stir-fry until tender.
6.     Add in noodles, breaking up strands if necessary and pour sauce on top. Toss to combine, coating with sauce. Adjust seasonings as needed and add Sriracha or red pepper chili flakes, for some heat, if desired.

7.     Remove from heat and garnish with sesame seeds.



Recipe Notes ; If you can't find dark soy sauce, replace with 3 teaspoons soy sauce instead.

Source; klik here


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