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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!

Easy Shrimp Fried Rice

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This super easy Shrimp Fried Rice is filled with plump shrimp, veggies and tossed in a perfectly balanced sauce.

This Shrimp Fried Rice is filled with perfectly plump shrimp, veggies and a delicious sauce that make it better than takeout!


One of my favorite things to make is my Quick and Easy Brown Fried Rice. I can’t even begin to count the amount of times I’ve made it for my family.
When I want to make the simple side dish into a complete meal I will fill it with plump shrimp or shredded chicken. This shrimp fried rice usually takes the win because I always keep frozen shrimp in my freezer.
Cook the shrimp in a little bit of sesame oil before adding to the super easy fried rice to make it a full meal!

While I show this meal made with the shrimp tails still attached, you’ll most likely want to remove them when you make the dish. It’s a pretty presentation with the tails on, but eating it this way just isn’t realistic.

Super Easy Shrimp Fried Rice

  • Start by sautéing your shrimp in a little bit of sesame oil until the shrimp are pink and curl in on themselves.
  • I usually make this dish when I have a bunch of leftover rice to use up, but you can cook rice specifically for this dish if desired.
  • My favorite rice to use is a Jasmine rice, which is a long grain white rice, but you can also use a brown rice.
This super quick and easy Shrimp Fried Rice is ready in less than 20 minutes and makes the perfect Chinese takeout copycat recipe!Save

My favorite way to make this Shrimp Fried Rice is in a large wok.
The sides of the wok are thin, allowing a lot of heat to hit the pan and give the rice a good fry in the sesame oil. It’s also plenty deep to hold lots of rice and veggies, plus it easily wipes clean when finished.
If you don’t have a wok, you can also use a large skillet with deep sides.
This super quick and easy Shrimp Fried Rice is a family favorite! Such an easy recipe to follow!Save

I’m confident you’ll love this super quick fried rice recipe better than takeout and you’ll be making it over and over again!
Easy Shrimp Fried Rice
This quick and easy Shrimp Fried Rice is filled with plump shrimp, loads of veggies and rice and tossed in a perfectly balanced sauce.
10 minPrep Time
10 minCook Time
20 minTotal Time

Ingredients
  • 2 tsp sesame oil, divided
  • 1 lb. medium to large raw shrimp, tails and shells removed
  • 2 eggs
  • 1 small onion, diced
  • 2 garlic cloves, minced
  • 1 tsp minced ginger
  • 1 cup frozen peas and carrots
  • 3 cups cooked, white or brown rice
  • 3 tbsp soy sauce
  • 3 tbsp oyster sauce
  • 3 tbsp chopped green onions
Instructions
  1. Heat 1 tsp sesame oil in a large wok or deep sided skillet over medium heat. Cook shrimp in skillet until pink and no longer translucent. Remove from skillet and set aside in a warm place.
  2. Coat the wok with non-stick spray, scramble the two eggs over medium heat then remove from pan to a plate to keep warm.
  3. Add the onion to the wok and stir, cooking until the onions have softened, about 3-5 minutes. Remove from wok and set aside.
  4. Add 1 tsp of sesame oil to the wok and stir fry the garlic and ginger for 30 seconds. Add the frozen peas and carrots and stir fry for an additional 2 minutes. Add the rice and stir to combine. Add the oyster sauce and soy sauce. Stir to heat through.
  5. Add the onions, eggs and shrimp back in the wok and stir in the green onions. Heat through, serve immediately. Enjoy!
Notes
You can use cooked brown rice in place of the white rice if desired.

WOW! This super easy Shrimp Fried Rice is way better than takeout and so quick to make at home!
 more recipes @ iwashyoudry.com

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