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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!

ZUCCHINI NOODLES WITH TOMATO & COCONUT BROTH

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ZUCCHINI NOODLES WITH TOMATO & COCONUT BROTH
This delicious noodle soup is one of my absolute favorites right now. The broth is made with a bunch of aromatic herbs and spices, tomatoes, and coconut milk, which give the broth subtle sweet flavor. Serve the noodles with pan-fried tofu, and you’ve got a delicious meal in under 45 minutes!
Even though it has been another hot summer in Sacramento, I still enjoy eating noodle soup for dinner. For example, this zucchini noodle soup is something I made many times in the last few weeks. It is one of my favorites. I made a rich broth out of tomatoes, coconut milk, and fragrant herbs and spices, and tossed in a ton of zucchini noodles to keep the dish light. This noodle soup is truly a celebration of summer produce.
For protein, I serve the noodles with pan-fried tofu, a recipe that I learned from Andrea Nguyen’s The Pho Cookbook. When I first tried her recipe, I was pleasantly surprised by how little oil was required to sear the tofu—just 1 tablespoon. Furthermore, even though the flavoring of the tofu consisted only of 1 tablespoon of soy sauce, I found the tofu pieces to be quite flavorful. The tofu is even better when you steep them into the broth!
CAN YOU MAKE THIS WITH OTHER NOODLES?
Yes, absolutely! You can use dry noodles, such as rice noodles, or even butternut squash noodles. I would cook the dry noodles separately in a pot of boiling water because they can absorb a lot of water. I prefer noodle soups served with copious amounts of broth, so I don’t want too much of that broth to be soaked up by the noodles.

ZUCCHINI NOODLES WITH TOMATO & COCONUT BROTH
To pan fry the tofu, make sure you use a nonstick pan to prevent the tofu from sticking to it. If you want a spicier broth, add 1/2 to 3/4 teaspoons of red chili flakes or 2 Thai chilies (sliced) the same time that you add the ginger and garlic.
Author: Lisa Lin
Prep Time: 15 minutes
Cook Time: 25 minutes
Total Time: 40 minutes 
Yield: Serves 4

INGREDIENTS
Pan-Fried Tofu
  • 14-ounce package of extra-firm tofu
  • 1 tablespoon soy sauce
  • 1 tablespoon vegetable oil
Noodles & Broth
  • 2 pounds zucchini (I used a 50/50 mix of zucchini and yellow squash)
  • 1 1/2 tablespoons vegetable oil
  • 1 cup diced yellow onions
  • 2 tablespoons minced ginger
  • 3 cloves garlic, minced
  • 1 cup diced tomatoes
  • 1 teaspoon ground coriander
  • 3/4 teaspoon salt
  • 7 cups vegetable broth
  • 1/2 cup full-fat coconut milk
Toppings
  • 1 carrot, peeled and julienned
  • cilantro
  • sliced scallions
INSTRUCTIONS
Prepare the tofu
  1. Remove the block of tofu from the package and wrap it around a layer of paper towels. Place the wrapped tofu on a plate and place a stack of plates on top. Press the tofu for 15 minutes.
  2. Unwrap the tofu and cut it in half, crosswise. You should have 2 short rectangular blocks. Slice each block into 4 slices so that you have 8 pieces total. Cut each slice on the diagonal so that you end up with 16 triangles.
  3. Pour the soy sauce into a large nonstick pan. Take a piece of the tofu, and drag it around the soy sauce. Flip the tofu over to cover the other size with soy sauce and leave the piece of tofu in the pan. Continue with the remaining pieces of tofu, until all the soy sauce has been absorbed by the tofu, and all the pieces are in the pan. Fry the tofu over medium heat for about 4 minutes, flipping halfway. It’s perfectly fine if the pan is dry at this point. Add 1 tablespoon of vegetable oil to the pan, and continue cooking the tofu for another 3 to 4 minutes, flipping it halfway. Transfer the tofu to a plate.
Prepare the Noodle Soup
  1. Trim the ends from the zucchini and make noodles with a spiralizer. Give the noodles several rough chops to make the noodles shorter. Transfer the noodles to a plate. After you make the zucchini noodles, you’ll be left with several cores from the zucchini. Slice the core into thin slices.
  2. In a pot, heat 1 1/2 tablespoons of vegetable oil. Add the onions and cook for about 3 minutes over medium-high heat, until the onions soften. Add the ginger and garlic and cook for 30 seconds to 1 minute. Add the tomatoes, sliced zucchini core, and coriander and cook for another 3 to 4 minutes. The tomatoes should have broken down by this point.
  3. Add the salt and vegetable broth, cover the pot with a lid, and bring the broth to boil. Stir in the coconut milk. Give the broth a quick taste and adjust the seasoning according to your taste. Turn off the heat and add the zucchini noodles. The heat from the broth should soften the zucchini noodles in a few minutes.
  4. Serve the noodles in bowls along with julienned carrots, sliced scallions, cilantro, and the tofu.
NOTES
NUTRITION INFORMATION: Amount per serving: Calories: 287, Total Fat 18.4g, Saturated Fat: 8g, Cholesterol: 4.4mg, Sodium: 1610mg, Total Carbohydrate: 23.2g, Dietary Fiber: 4.5g, Sugar: 12.7g, Protein 12.7g



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