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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!

Shrimp Mayo

Husband and I love Mayo Shrimp and I’ve made it once before. We recently ordered take out from a restaurant near our place and just couldn’t resist what we saw on the menu; Jumbo Shrimp Mayo. Just had to order it!
The Shrimp Mayo was slightly different from what’ve we’ve had before but it was still good. I recognized immediately that they used coconut milk in the sauce. Mmmm….
So, a few weeks later I attempted to recreate what we had  I tweaked the recipe I used before and was pleased with the result. It tasted like our take out dinner the other day!
MayoShrimp
MAYO SHRIMP RECIPE
Method:
Part A (Fried Shrimp):
  • 1/2 Lb Shrimp, Peeled & Deveined
  • 1 Large Egg White
  • 1/4 Cup Corn Flour
  • 1/4 Tsp Baking Soda
  • 1/8 Tsp Salt
  • 1/3 Cup + 1 Tsp Oil
Part B (Sauce):
  • 2 Tbsp Mayonnaise
  • 2 Tbsp Condensed Milk
  • 1-1/2 Tbsp Coconut Milk
  • 2 Tsp Lemon Juice
Method:
Mix egg white, corn flour, baking soda, salt and 1 tsp oil in a bowl until you get a smooth paste. Pat dry the shrimp and mix them into the paste/batter. Make sure shrimp is well coated with the batter.
Heat 1/3 cup oil in a small pan over medium heat and slowly drop the nicely coated shrimp one at a time into the hot oil. You do want to make sure the oil is at least 1/2” deep. Add more oil if your pan is bigger. Do not overcrowd the pan with the shrimp. Fry the first side of the shrimp until it’s golden brown before flipping them over to fry the second side. This shouldn’t take too long as the shrimp cooks very quickly.
While the shrimp is cooking, prepare the sauce part by mixing Part B in a bowl until well combined. Set it aside. Remove fried shrimp, drain oil and place them in a bowl. Pour sauce over the shrimp and coat well before transferring onto a serving platter. Serve immediately with some white rice. You could also place the sauce on the side instead of coating the shrimp in them!

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