Preheat your oven to 350 degrees.
Line a baking sheet with tin foil.
Chop up your pecans, and then spread them across the pan.
Bake for 4 minutes.
Remove from oven and set aside.
Crack the eggs into a medium, deep bowl. I prefer a 4-cup measuring cup.
Whisk the eggs until they are well beaten.
Set them aside.
In a pot over medium heat, bring the butter, evaporated milk, and sugar to a simmer.
When the butter, milk, and sugar begin to simmer, remove it from the heat.
Pour it in a trickle into the eggs while whisking vigorously until all the liquid has been added.
Pour the mixture back into the pot and return it to the stovetop.
Over medium heat, while continuing to stir, bring the mixture back to a low simmer.
Cook until it coats the back of a spoon.
Remove from the heat.
Stir in the coconut and pecans.
Cool completely before frosting your cake.