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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!

Cold Ramen Salad ( Hiyashi Chuka ) With Sesame Dressing

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Cold Ramen, called “hiyashi chuka” in Japanese, is a delicious dish to eat during the hotter months. It’s a very refreshing meal to eat especially with the sesame dressing that makes the whole dish so much tastier. You can top the noodles with egg, cucumber, ham, and crab meat or even chicken.  This is a tasty and filling salad to take for lunch or eat for dinner and much easier to eat than regular ramen because you don’t have to worry about any soup spilling everywhere.

Usually ramen is served in a pork broth but because this ramen is chilled we serve it with a sesame dressing. Sesame dressing goes with anything (to me, anyway). I recently went out to a ramen restaurant in the city and it had this cold ramen with sesame dressing and it was soooooo delicious so I had to recreate it at home. They served the ramen with chopped up chashu bits but I decided to serve it with crab and ham because I thought it would go better with the sesame dressing. It’s up to you though, you can choose what toppings you would like. I hope you enjoy the recipe!




Ingredients

   ·    2 packets of store bought ramen noodles
   ·    1/2 cucumber
   ·    1 to mato
   ·    50 g ham
   ·    2 leaves of iceberg lettuce
   ·    4 crab sticks

Sesame dressing
   ·    4 tbs Chinese chicken stock soup
   ·    2 tbs soy sauce
   ·    2.5 tbs sugar
   ·    2 tbs rice wine vinegar
   ·    1.5 tbs Qi Mahjong or white sesame paste
   ·    1.5 tbs sesame oil
   ·    Sesame seeds to sprinkle

Instructions

1.      To make the sesame dressing put all the ingredients in a small sauce pan over high heat.

2.      Bring it to boil and simmer for a few minutes or until all ingredients have dissolved.

3.      Turn the heat off and put it aside to cool down. Refrigerate to chill.

4.      Slice the tomato thinly, shave the ham, cut the cucumber into thin sticks, and break the crab sticks into bite size pieces with your hands. Set all aside.

5.      Fry the egg thinly and cut it into thin strips. Set it aside to cool down.

6.      Cook the noodle as per the packet instructions then allow it cool down.

7.      Assemble the salad by placing the cooked and chilled noodles on a plate then top with cucumber, tomato, ham lettuce and egg.

8.      Pour the sesame dressing over the top and sprinkle with sesame seeds.




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