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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!

Korean Enoki Mushroom Pancake

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Korean enoki mushroom pancakes (Paeng-ee beoseot jeon, 팽이버섯전) are a perfect side dish for a mushroom lover! They are loaded with savoury flavour and crisp texture and are really easy to make !


Typically enoki mushrooms are added in soups and in stir fry dishes, but turning them into a bite sized pancakes / mushroom omelettes / mushroom patties / mushroom fritters, whatever you would like to call, is also very popular in Korea.
Anyway, they are very easy and simple to make! And it gives you a similar sensation of chewing some types of meat, so it can be a good vegetarian food. I hope you enjoy them too!




Ingredients

·         1 pack enoki mushrooms (200 g / 7 ounces), woody stems removed, rinsed and pat dried with kitchen paper
·         2 Tbsp all purpose flour (or rice flour)
·         1 tsp sesame oil
·         2 extra large eggs , beaten
·         20 g small carrot (0.7 ounces), finely diced
·         10 g onion (0.4 ounces), finely diced
·         5 g garlic chives (or green onions)(0.2 ounces), finely chopped
·         1/8 tsp fine sea salt (or more to taste)
·         A few sprinkles ground black pepper
·         Some cooking oil (I used rice bran oil)

Instructions

1.    Roughly separate the main cluster of the enoki mushrooms. Place them onto a large clean plate and sprinkle the flour and sesame oil onto the mushrooms. Then roll the mushrooms around using chopsticks to coat the flour and sesame oil on its surface thoroughly.
2.    Combine the beaten eggs, chopped vegetables, salt and black pepper in a mixing bowl then mix them well. Add the flour coated enoki mushrooms into the bowl and soak up the seasoned egg and vegetable mixture.
3.    Pre-heat a pan / skillet over medium heat. Once heated, add the cooking oil and spread it thinly.
4.    Scoop out spoonfuls of the enoki mushrooms mixture using chopsticks or spoon, whichever is easier for you. (Make sure to mix the egg and vegetables mixture onto the mushrooms often to evenly use it up.) Cook the mushrooms until they turn brown then turn them over. When both sides are cooked, remove from the heat.
5.    Repeat the step 4 with the remaining ingredients. (Make sure you add some cooking oil between the batches to avoid burn). It should result in about 20 small sized pancakes.
Serve the enoki mushroom pancakes with Korean pancake dipping sauce. (Pancakes can be served hot or cold but we prefer serving them hot.)



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