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!

Recipe Fuyunghai

Fuyunghai can be called an omelet with crab meat. This recipe is included in a very practical dish to be prepared, making it suitable to be a side dish when dining dawn.

Limitations of time and drowsiness, sometimes make us lazy to prepare a dish of a troublesome meal. For that throughout the month of fasting, you should have a set of recipes that are easy to prepare at dawn. One of the recipes fuyunghai we present below. With the addition of crabmeat, fuyunghai taste will be different from the usual omelet you serve. Varied flavors will make the meal more eager meal.

If you like, you can add other vegetables such as carrots or peas. By reason of practicality, in this recipe we use canned crab meat. If you want, you can use fresh crab meat. It's just, to note if using fresh crab meat, time to prepare dishes will be longer.

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Fuyunghai Recipe

Ingredients

5 chicken eggs
150 grams of canned crab meat
100 grams of cabbage, finely sliced
2 cloves of garlic
½ tsp pepper
1 tsp salt
The oil for frying

Ingredients For Sauce:

1 clove of garlic
1 tomato
2 large red peppers, seeded
½ tsp salt
1 tsp sugar
100 ml of water

How to make

1. Prepare a large bowl, break the chicken eggs, mix with crab meat and cabbage.
2 Blend the garlic, pepper and salt.
3 Combine with egg dough.
4 Heat 2 tablespoons of cooking oil in a non-stick pan, put ⅕ egg dough, fry until yellowish. Remove, set aside. Do it until the dough runs out.
5 Boil the ingredients of the sauce, except sugar and salt, in 100 ml water until wilted. Lift, drain.
6 Puree the sauce ingredients, add salt and sugar. Cook briefly until slightly thickened.
7 Serve Fuyunghai dumplings with sauce.

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