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!

How to make crispy Korean chicken nuggets, Dak-gangjeong



This particular Korean chicken appetizer is called Dak ganjeong (닭강정). It is crispy and slightly spicy Korean chicken nuggets. Yes, they are deep-fried. That makes this chicken so tasty and irresistible. As long as you don't eat them by the bucketfull, a few pieces will calm your craving and won't hurt you so badly. As you can tell, they are tiny pieces.
I used chicken breast for this recipe. You can use boneless skinless chicken thigh if you prefer moister texture, or use both. Most people dice their chicken breast into bite-size pieces before coating with batter, but I like to slice and chop them into small pieces before mixing. That will help the chicken breast not be too dry once deep fried, and you will like the chewy texture.


Ingredients:

2 medium size boneless skinless chicken breast halves
3 tablespoon corn starch
1 tablespoon all-purpose flour
1/2 teaspoon freshly grated ginger
1/2 teaspoon salt
1 tablespoon rice wine or dry sherry
Oil for frying
a handful of roasted chopped peanuts or any nuts of your choice

For the sauce:
1 tablespoon vegetable oil
2 garlic cloves, finely minced
2 tablespoon Korean chili paste (gochujang)
1 tablespoon ketchup 
1/2 tablespoon mayonnaise
3 tablespoon honey


Instructions:
Slice the chicken breasts very thinly, then cut into small pieces. Place the chicken pieces in a mixing bowl, and add the corn starch, flour, ginger, salt, and rice wine. Mix well to combine. Set aside.
To make the sauce, heat 1 tablespoon of oil in a skillet over medium heat. Add the garlic and cook until fragrant. Do not burn the garlic. Add the rest of the sauce ingredients to the skillet, mix well. Bring the sauce to boil and let it thicken, for about 1 minute. Set aside.
Heat oil for frying in a deep skillet or wok. The temperature should be around 160-170˚C. Using a small cookie scoop or spoon, drop tablespoonful of chicken batter to hot oil. Fry them until they are lightly golden. Take them out to a plate lined with a piece of paper towel. After you finished frying the entire batch of the chicken batter, you need to repeat the frying again so that you can deep-fry the chicken twice. This will help chicken to be very crisp.
Return the chicken into the reserved sauce in the skillet, and add some chopped peanuts as well. Toss them to coat evenly.
Garnish with more peanuts on top. Serve warm or at a room temperature. Enjoy!

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