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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!

CLASSIC CHINESE CHOW MEIN

CLASSIC CHINESE CHOW MEIN
CLASSIC CHINESE CHOW MEIN WITH AUTHENTIC INGREDIENTS AND EASY INGREDIENT SWAPS TO MAKE THIS A PANTRY MEAL IN A PINCH!
Classic Chinese Chow Mein is one of those dishes that seems elusive, like there is some secret recipe that all Chinese restaurants know and no matter what we do at home it is just never the same. I won’t lie and say you can drop some spaghetti into the pot and add some regular soy sauce and make chow mein magic happen, but I can tell you with a quick trip to your local Asian grocer or Amazon.com you can make truly authentic Classic Chinese Chow Mein in less than 20 minutes.
And you will never go back to anything less afterwards!
Some of the sauces in this Classic Chinese Chow Mein can be a bit confusing, soy sauce and dark soy sauce are definitely different things, so if you would like to learn more about it, you can look at this post from Serious Eats. If my memory serves me correct I think even my local Vons/Safeway carries all the ingredients in the recipe, but if you have a local Asian grocery store I highly suggest making a quick trip.
Also, this is after all a recipe for Classic Chinese Chow Mein, but lets talk about the ways you can customize this dish!
Add the protein of your choice! Chicken, Shrimp, Beef, Tofu, etc.
Spiralize some zucchini and carrots! Add the carrots with the celery and add the zucchini when you add the pasta.
chopped peanuts or cilantro and a squeeze of lime would add a fresh dimension
Before adding in your noodles, in a large pan add a couple of tablespoons of oil and on a high heat add the noodles until crispy on both sides for a quick pan fried noodle option!
Add some heat! Sriracha, chili garlic paste or crushed red pepper would kick up this dish in a hurry

CLASSIC CHINESE CHOW MEIN
Yield: 4 servings
Prep Time: 10 minutes
Cook Time: 10 minutes
Total Time: 20 minutes
Course: Main Dish
Cuisine: Chinese
Classic Chinese Chow Mein with authentic ingredients and easy ingredient swaps to make this a pantry meal in a pinch!

INGREDIENTS
  • 2 tablespoons canola oil
  • 1/4 head cabbage thinly sliced
  • 2 cloves garlic , crushed and minced
  • 2 tablespoons sweet soy sauce (aka Kecap Manis)* see note for homemade substitute
  • 2 tablespoons soy sauce
  • 4 tablespoons oyster sauce
  • 1 cup water
  • 12 ounces chow mein noodles , cooked a minute shy of the directions*
  • 6 ounces bean sprouts (optional)
  • sesame seeds for garnish (optional)
INSTRUCTIONS
  1. Note: click on times in the instructions to start a kitchen timer while cooking.
  2. Heat a large pan or wok on high heat.
  3. Add two tablespoons of canola oil to the pan and cook the cabbage.
  4. Cook 2-3 minutes until wilted, add the garlic and cook for an additional 30 seconds.
  5. Add the soy sauce, sweet soy sauce, oyster sauce and water and bring to a boil for 1 minute.
  6. Add in the pasta and bean sprouts and toss to coat.
  7. Serve immediately
RECIPE NOTES
To make homemade Kecap Manis, add 1 1/2 teaspoons of soy sauce and 1 1/2 teaspoons of molasses or dark brown sugar with a tiny pinch of ground anise. This is a decent substitute, but if you can get the original the flavor will be even deeper.
If you can't find chow mein noodles you can substitute yakisoba noodles and just toss the packet and use the noodles only.

NUTRITION INFORMATION
Yield: 4 servings, Amount per serving: calories
All images and text © for Dinner, then Dessert, Inc.SAVE RECIPE


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