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!

Chinese Vegan Pot Stickers

Vegan friendly potSticker with eggplants, coriander, green onion, shitake mushroom and Chinese mung bean noodles as filling.

There are indeed many vegan friendly recipes in Chinese cuisine. Many of them even taste better than dishes with meat. This vegan potsticker is a great example.

I use stir-fried eggplants as the replacement of meats. In fact, I guess chicken leg mushroom can do the same. Besides, chopped coriander, chopped green onions and shopped shitake mushroom are also added for a more combined taste. In case you are not familiar with mung bean noodles, I would love to introduce it a little bit. Mung bean noodles is made from healthy green mung beans and present a crystal appearance. It is also named as glass noodles in China.  You may find them in local stores or skip this ingredients. But I high recommend using some in the filling.

Chinese Vegan Pot Stickers Recipe
Chinese vegan potstickers with eggplants, corinader, green onions and shitake musrhooms.


  • 1 package of wrappers (around 50)
  • 1 middle size eggplants, peeled and cut into small cubes
  • 1 garlic clove, mashed
  • ½ cup chopped coriander
  • ½ cup chopped green onion
  • ½ cup chopped shitake mushrooms
  • 1 small bunch of mung bean noodles, soak in warm water for around 15 minutes and then cut into small sections
  • 1 tablespoon vegetable cooking oil
  • 1 teaspoon salt or more to taste
  • 1 tablespoon light soy sauce
  • 1 teaspoon Chinese five spice powder
  • 1 tablespoon warm water


  1. Peel the eggplants, cut into small cubes and then soak the cubes in salted water for around 10 minutes. Transfer out and drain. This will help to reduce the oil absorbed by the eggplants in stir-fry process.
  2. In a sauce pan, heat up around ½ tablespoon of vegetable cooking oil and then stir fry eggplants with mashed garlic until soft. Transfer out.
  3. In a large bowl, mix stir-fried eggplants, mung bean sections, coriander, green onion and shitake mushroom with salt, light soy sauce and Chinese five spice powder.
  4. Assemble the potstickers one by one.
  5. Brush some oil on a pan; lay the potstickers and sauté with medium fire until golden brown. In order to make sure the potstickers are cooked toughly, I would suggest pouring around 1 tablespoon warm water after sauté the bottom side to golden brown. The theory is to steam other parts of the potstickers with vapour. Turn the potstickers over from time to time.
  6. Transfer out when the water added are evaporated and potstickers become crispy again.
  7. Serve immediately or with chili sauce you prefer.


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