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!

Okonomiyaki "Pizza From Japan" Recipe

Okonomiyaki is famous in Osaka and Hiroshima. Both have their own characteristics. This food is basically made up of baked flour, meat, and vegetable dough. There is a similar food in Tokyo, Monjayaki.
Among all the Osaka specialty, Takoyaki (たこ焼き) and Okonomiyaki (お好み焼き) are most well-known. Today I’m sharing my favorite Okonomiyaki recipe with you so you can make this popular dish at home!

Okonomiyaki is sometimes called “Japanese Pancake” or “Japanese Pizza” by non-Japanese speakers, but personally I think it’s more like a dish between pancake and frittata.
It’s made with flour, eggs, tempura scraps (tenkasu), cabbage, pork belly slices and topped with a variety of condiments like okonomiyaki sauce, Japanese mayonnaise, dried seaweed, and dried bonito flakes.If you don’t eat pork or prefer other protein choice, this dish is very adaptable.


Ingredients
  • 1 cup all-purpose flour (1 cup = 120 g)
  • ¼ tsp kosher salt
  • ¼ tsp granulated sugar
  • ¼ tsp baking powder
  • 2-3 inch Nagaimo/Yamaimo (2-3" = 5-8 cm)
  • ¾ cup dashi (¾ cup = 180 ml) (See Notes)
  • 1 large cabbage head (1.6 lb = 740 g)
  • ½ lb sliced meet (1/2 lb = 227 g) (See Notes)
  • 4 large eggs
  • ½ cup Tenkasu/Agedama (tempura scraps) (1/2 cup = 8 Tbsp)
  • ¼ cup pickled red ginger (1/4 cup = 4 Tbsp)
  • neutral flavor oil (vegetable, canola, etc)
Okonomiyaki Sauce
  • Tbsp granulated sugar
  • 2 Tbsp oyster sauce
  • 4 Tbsp ketchup
  • Tbsp Worcestershire sauce
Toppings
  • Okonomi sauce
  • Japanese mayonnaise
  • Katsuobushi (dried bonito flakes)
  • Aonori (dried green seaweed)
  • Green onions/scallions
  • Pickled red ginger
Instructions

1. Gather all the ingredients.
2. In a large bowl, combine 1 cup (120 g) all-purpose flour, ¼ tsp. salt, ¼ tsp. sugar, and ¼ tsp. baking powder and mix all together.
3. Peel and grate nagaimo in a small bowl. It can get itchy, so work quickly and rinse your hand right after.  Nagaimo is very slimy and slippery, so make sure you have a good grip if you wear a glove.
4. Add the grated nagaimo and dashi in the bowl.
5. Mix all together till combined. Cover the bowl with plastic wrap and let it rest in the refrigerator for at least one hour.

Make Okonomiyaki Sauce 

-. To make homemade Okonomiyaki Sauce, combine 1 ½ Tbsp. sugar, 2 Tbsp. oyster sauce, 4 Tbsp. ketchup, and 3 ½ Tbsp. Worcestershire sauce in a small bowl. Mix all together until sugar is completely dissolved.

Cook Okonomiyaki
 
1. Remove the core of the cabbage and mince it. Set aside to let the moisture evaporate so it won’t dilute the batter
2. Cut the meet slices in half and set aside
3. Take out the batter from the refrigerator and add 4 large eggs, ½ cup (8 Tbsp.) tempura scraps (Tenkasu/Agedama), and ¼ cup (4 Tbsp.) pickled red ginger (Kizami Beni Shoga) in the bowl. Mix well until well-combined.
4. Add chopped cabbage to the batter 1/3 at a time. Mix well before adding the rest.
5. In a large pan, heat vegetable oil on medium heat. When the frying pan is hot (400F/200C), spread the batter in a circle on the pan. We like thicker okonomiyaki (final thickness is ¾ inches (2 cm)). If you’re new to making okonomiyaki, make a smaller and thinner size so it’s easier to flip.
6. Place 2-3 sliced pork belly on top of Okonomiyaki and cook covered for 5 minutes.
7. When the bottom side is nicely browned, flip over
8. Gently press the okonomiyaki to fix the shape and keep it together. Cover and cook for another 5 minutes.
9. Flip over one last time and cook uncovered for 2 minutes. If you’re going to cook next batch, transfer to a plate.

 



In most versions okonomiyaki is made with shredded cabbage and a pancake-like batter, but that’s where the similarities end. Some people like a soft custardy interior, while others prefer a ton of fillings with the batter merely binding the ingredients together. Since there are no hard and fast rules for the filling and toppings, it’s a great way to use up scraps from the fridge. Read more at: https://norecipes.com/okonomiyaki-recipe
All images and text on this website are protected by copyright. Please do not post or republish this recipe or its images without permission. If you want to share this recipe just share the link rather than the whole recipe.

n most versions okonomiyaki is made with shredded cabbage and a pancake-like batter, but that’s where the similarities end. Some people like a soft custardy interior, while others prefer a ton of fillings with the batter merely binding the ingredients together. Since there are no hard and fast rules for the filling and toppings, it’s a great way to use up scraps from the fridge. Read more at: https://norecipes.com/okonomiyaki-recipe
All images and text on this website are protected by copyright. Please do not post or republish this recipe or its images without permission. If you want to share this recipe just share the link rather than the whole recipe
In most versions okonomiyaki is made with shredded cabbage and a pancake-like batter, but that’s where the similarities end. Some people like a soft custardy interior, while others prefer a ton of fillings with the batter merely binding the ingredients together. Since there are no hard and fast rules for the filling and toppings, it’s a great way to use up scraps from the fridge. Read more at: https://norecipes.com/okonomiyaki-recipe
All images and text on this website are protected by copyright. Please do not post or republish this recipe or its images without permission. If you want to share this recipe just share the link rather than the whole recipe.

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