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!

Hisroshima Style Okonomiyaki ( Japanese Layered Pancake )

Hiroshima Style Okonomiyaki (Japanese Layered Pancakes) – the ultimate savory pancake complete with cabbage, bacon, noodles, shrimp, and egg. So yummy!




Okonomiyaki became popular in Japan during World War II when there was a short supply of rice. This pancake can be made with just a little flour and whatever vegetables and ingredients available. It was often served as a snack to children because it was filling


Ingredients

  ·      1¼ cups all-purpose flour (187g)
  ·      ½ tsp salt
  ·      1¼ cups water (300ml)
  ·      4 tbsp vegetable oil
  ·      4 tsp katsuobushi (shaved bonito flakes, crushed)
  ·      1 lb cabbage (thinly sliced) (450g)
  ·      8 strips bacon (cut into halves)
  ·      1 package yakisoba (17 oz/480g)
  ·      4 tbsp mirin (Japanese cooking rice wine)
  ·      1 cup okonomiyaki sauce (240ml)
  ·      6 oz shrimps (peeled and deveined) (170g)
  ·      4 large eggs
  ·      Aonori (finely shredded green seaweed)
  ·      4 green onions (thinly sliced)

Instructions

1.  Combine all-purpose flour and salt in a large bowl. Pour in 1¼ cups (300ml) water. Gently mix until just combine.
2.  Preheat a large non-stick electric griddle (or large non-stick pan on the stove) on medium heat. Brush griddle with a little oil. Spread a ladle of the batter into a thin 8 inch round on one side of the griddle. Sprinkle a teaspoon of katsuobushi on the top.

3.  Place a handful of shredded cabbage on the pancake and 4 half slices of bacon on the cabbage. Allow pancake batter to set, about 5 minutes.
4.  Flip pancake over using 2 spatulas so that the bacon is now touching the griddle. Continue to cook for 4 to 5 minutes.

5.  In the meantime, cook a portion of yakisoba on the side (or in another pan) with 1 tablespoon mirin and 1 tablespoon okonomiyaki sauce.
6.  Cook 5 to 6 shrimps next the noodles. When shrimps curl and turn pink, transfer onto the fried noodles.

7.  Now, move the pancake onto the noodles.
8.  Crack an egg onto the side of the griddle and spread it out into an 8 inch round. Move the entire pancake (with noodles) onto the egg. Allow it to cook for another 1 to 2 minutes.

9.  Flip the completed okonomiyaki over. Drizzle or spread a generous amount of okonomiyaki sauce on the top.

10.    Transfer to a plate. Sprinkle with aonori (finely shredded green seaweed) and green onions.

11.    Serve immediately.





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