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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!

Onsen Tamago 温泉卵

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Onsen Tamago 温泉卵 literally means ‘hot spring eggs’ in Japanese. It refers to eggs that were originally prepared in hot spring water to create silky egg whites and custard-like yolk. Today I’m going to show you how you can make this delicious egg recipe at home.




What’s Onsen Tamago?


Onsen means hot springs, and tamago means eggs in Japanese.  Why is the name “hot springs eggs”?  Originally, eggs that were prepared this way were slow cooked in Japan’s warm hot springs water.
What’s so special about these eggs?  These eggs are perfectly poached inside its shell.  While the whites are soft and silky, the yolk comes out firm, but retains the color and creamy texture of an uncooked yolk.  It’s basically the complete opposite of soft boiled eggs that are firm whites and soft egg yolk.



Ingredients


   ·     1000 ml water (1000 ml = about 4 cups)
   ·     200 ml tap water (200 ml = little bit less than 1 cup) (needs to be colder than room temp)
   ·     4 large eggs (refrigerated)
Sauce
   ·     ¼ cup dashi (for vegetarian use kombu dashi)
   ·     ½ Tbsp mirin
   ·     1 ½ Tbsp soy sauce
   ·     3 g katsuobushi (dried bonito flakes) (skip for vegetarian)
   ·     1 green onion/scallion (for garnish)

Instructions

1.    Gather all the ingredients.
2.    Add 1000 ml water in a heavy bottom saucepan, cover and bring it to a boil.
3.    Once boiling, remove the pot from the heat. Take the eggs out from the refrigerator. Add 200 ml cold tap water and gently submerge the cold eggs in the hot water. Immediately cover and set timer for 17 minutes (or longer).
4.    If you like to enjoy onsen tamgo with the sauce, combine the dashi, mirin, and soy sauce in a small saucepan and bring it to a boil. Add katsuobushi and turn off the heat, let katsuobushi sink at the bottom of the pan. After 30 seconds or so, strain through the strainer and set the sauce aside. You can keep the sauce in refrigerator for 4-5 days.
5.    Cut scallion into thinly slices and set aside.
6.    Once 17 minutes have passed, take the eggs out gently and set aside for 5 minutes.
7.    You can enjoy onsen tamago either cold or warm. Crack the egg and pour the sauce over, garnish with chopped scallion. You can keep the onsen tamago for 1-2 days in the refrigerator.  To reheat, take out the onsen tamago from the fridge to room temperature.  Place it in 160F(70C) water for 10 minutes to warm up.  Do not reheat higher than that otherwise the egg will be cooked.

Recipe Notes
Equipment you will need:
   ·     5 qt saucepan with lid (make sure water will cover eggs)
   ·     A ladle or mesh strainer


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